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Here is why I think you are a fool if you buy MS/PR 70 ASE 20th or 25th sets!

TexasNationalsTexasNationals Posts: 3,837 ✭
in U.S. Coin Forum
Just my opinion so flame away, but why in hell-0 would you pay strong money for these coins with the knowledge that they, well are a PIA

Comments

  • lordmarcovanlordmarcovan Posts: 43,894 ✭✭✭✭✭
    PIA?

    Goes with the territory, maybe. Such is the bane of all "perfect" moderns, especially the silver ones, I would think.

    Explore collections of lordmarcovan on CollecOnline, management, safe-keeping, sharing and valuation solution for art piece and collectibles.
  • TexasNationalsTexasNationals Posts: 3,837 ✭
    Pain in the Astronomical star!
  • RedHerringRedHerring Posts: 2,077 ✭
    PIA are the call letters for the airport in Peoria, Illinois.

    You know what they say......"If it plays in Peoria"..........image
  • chipper10chipper10 Posts: 326


    << <i>Just my opinion so flame away, but why in hell-0 would you pay strong money for these coins with the knowledge that they, well are a PIA >>



    Well, let's seeimage I'd say mainly because they probably wont spot and will appreciate in valueimage
  • TexasNationalsTexasNationals Posts: 3,837 ✭
    probably wont spot

    Yeah, you're right, proof ASE spotting is super, duper, rare. Stupid me. Prices are climbing hand over fist more and more every day.




























    Are you freagin drunk? ARe you mad they posted you 1/10 oz. AGE ebay auction?
  • commacomma Posts: 1,529 ✭✭✭
    What's a new year without a new thread on this?
    Guess we'll see who's right in a couple years.
    I have my opinion, but I'm not going to feed another pointless fire started on this subject.

    ps. Not sure what you're calling strong prices...you can get these sets, graded or not, for very very cheap right now. Either way you can't lose.

  • 19Lyds19Lyds Posts: 26,492 ✭✭✭✭
    Milk Spots on Proof Silver Eagles are much easier to address than the business strike counterparts.

    Also, not EVERY Silver Eagle is going to spot.
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
  • LakesammmanLakesammman Posts: 17,461 ✭✭✭✭✭
    Keep the receipt - PCGS has a grade guarantee. image
    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose, Cardinal.
  • chipper10chipper10 Posts: 326


    << <i>probably wont spot

    Yeah, you're right, proof ASE spotting is super, duper, rare. Stupid me. Prices are climbing hand over fist more and more every day.




























    Are you freagin drunk? ARe you mad they posted you 1/10 oz. AGE ebay auction? >>



    Yeah you're right. I'm sending mine to the refiner since every single one will spot (It must be true, you seem so knowledgeable). In hindsight, I have no idea why I even bought mine.
  • epcjimi1epcjimi1 Posts: 3,489 ✭✭✭
    image

    This just in...

    TexasNationals of the PCGS forum reports that ASEs might possibly milkspot.

    Also, TN believes that if you purchase 2011 25th or 2006 20th Anny sets for big money you are a fool.
  • RaufusRaufus Posts: 6,942 ✭✭✭✭✭


    << <i>Keep the receipt - PCGS has a grade guarantee. image >>



    Exactly. No brainer.
    Land of the Free because of the Brave!
  • GemineyeGemineye Posts: 5,374 ✭
    To each his/her own whether or not you purchased the set from the mint or have gotten it graded or bought it graded.If it will spot it doesn't matter where it came from.All I know is that the set has a great collector interest and it looks Darn nice...with low mintage coins to boot...JMHO.........image
    ......Larry........image
  • halfhunterhalfhunter Posts: 2,770 ✭✭✭


    << <i>

    << <i>probably wont spot





    >>



    Yeah you're right. I'm sending mine to the refiner since every single one will spot (It must be true, you seem so knowledgeable). In hindsight, I have no idea why I even bought mine. >>



    Smart Move ! ! !

    HH
    Need the following OBW rolls to complete my 46-64 Roosevelt roll set:
    1947-P & D; 1948-D; 1949-P & S; 1950-D & S; and 1952-S.
    Any help locating any of these OBW rolls would be gratefully appreciated!
  • drei3reedrei3ree Posts: 3,430 ✭✭✭✭


    << <i>

    << <i>Keep the receipt - PCGS has a grade guarantee. image >>



    Exactly. No brainer. >>



    Thanks to PCGS, you're protected if it spots and goes down in value. If it doesn't, and goes up in value, you're a winner. It doesn't get much better than that...why would you buy anything other than 70's?image
  • PinkFloydPinkFloyd Posts: 1,762 ✭
    All the more reason to play the holder game and go with a TPG that has a guarantee.
    Successful transactions with keepdachange, tizofthe, adriana, wondercoin
  • AbsolutionAbsolution Posts: 336 ✭✭✭
    This is why I've been extremely picky on the coins I buy and buy resell until I get the perfect 70. So far I got 3 perfect 2011-P, a potential perfect Mercanti, and a few extras in perfect condition. image. The S flag label however in pristine condition still alludes me but I'm not giving up. I may only get 2 instead of 3 perfects depending on if I want to continue search or switch to focus on another coin.
    Successful BST Transactions with: RMLTM79 (seller), Gerard (seller), bgman (buyer), Coinflip (buyer) | Positive Vendor Transactions/Service with: Stuppler & Company (seller)
  • BAJJERFANBAJJERFAN Posts: 31,395 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>Keep the receipt - PCGS has a grade guarantee. image >>



    Exactly. No brainer. >>



    Thanks to PCGS, you're protected if it spots and goes down in value. If it doesn't, and goes up in value, you're a winner. It doesn't get much better than that...why would you buy anything other than 70's?image >>



    So who here [if anyone] has actually lost money [purchase price vs buyer protection payout] due to spotting of silver eagle coins?
    theknowitalltroll;
  • coinman420coinman420 Posts: 4,666 ✭
    i recently sent one of the 20th anniv proof 70 in for spotting and pcgs was able to remove spots and keep it a 70. its nice to have the coin back without spots. i also sent in two ATB`s where spots could not be removed and was given my choice on cash back with raw coins or more cash and they keep coins. both were very good offers. as for the OP`s link the price is too steep for spotted coins.
    my ebay items BST transactions/swaps/giveaways with: Tiny, raycyca,mrpaseo, Dollar2007,Whatafind, Boom, packers88, DBSTrader2, 19Lyds, Mar327, pontiacinf, ElmerFusterpuck.
  • commacomma Posts: 1,529 ✭✭✭
    Maybe off topic but could somebody explain what the pcgs buyer protection buyout ia? Is any pcgs coin covered or only if you are the original person who sent the coins in?
  • coinman420coinman420 Posts: 4,666 ✭


    << <i>Maybe off topic but could somebody explain what the pcgs buyer protection buyout ia? Is any pcgs coin covered or only if you are the original person who sent the coins in? >>



    any member can send any slabbed coin in.
    my ebay items BST transactions/swaps/giveaways with: Tiny, raycyca,mrpaseo, Dollar2007,Whatafind, Boom, packers88, DBSTrader2, 19Lyds, Mar327, pontiacinf, ElmerFusterpuck.
  • AbsolutionAbsolution Posts: 336 ✭✭✭


    << <i>i recently sent one of the 20th anniv proof 70 in for spotting and pcgs was able to remove spots and keep it a 70. its nice to have the coin back without spots. i also sent in two ATB`s where spots could not be removed and was given my choice on cash back with raw coins or more cash and they keep coins. both were very good offers. as for the OP`s link the price is too steep for spotted coins. >>




    SWEEEEEEEETTTTTT!!!!! This is good to know. I have perfect 70s then with no marks then!!!!
    Successful BST Transactions with: RMLTM79 (seller), Gerard (seller), bgman (buyer), Coinflip (buyer) | Positive Vendor Transactions/Service with: Stuppler & Company (seller)
  • LowBudgetLowBudget Posts: 383 ✭✭
    who crapped in his punch???
    "I'm dropping my standards so that I can buy more"
  • JulianJulian Posts: 3,370 ✭✭✭
    I do not think that it is appropriate to denigrate someone's collection.

    Not everything is about maximizing the return on a collection.
    PNG member, numismatic dealer since 1965. Operates a retail store, also has exhibited at over 1000 shows.
    I firmly believe in numismatics as the world's greatest hobby, but recognize that this is a luxury and without collectors, we can all spend/melt our collections/inventories.

    eBaystore
  • Dice21Dice21 Posts: 448
    I call my single female neighbor my PIA.......she thinks it's dear of me.....always something going wrong in her houseimage
  • dragondragon Posts: 4,548 ✭✭


    << <i>Just my opinion so flame away, but why in hell-0 would you pay strong money for these coins with the knowledge that they, well are a PIA >>







    I don't think it's much of an issue really. IMO the hundreds (or maybe thousands) of speculators currently hoarding these graded sets and individual pieces could care less about the coins themselves, it's all about the label on the holder and at what price they can flip them. In addition, as long as the 3rd party services continue to guaranty their grades and the spots can be easily dipped off and the coins put into fresh holders it doesn't seem like a big thing IMO.
  • PinkFloydPinkFloyd Posts: 1,762 ✭


    << <i>I call my single female neighbor my PIA.......she thinks it's dear of me.....always something going wrong in her houseimage >>



    I feel that there is probably a good story here...
    Successful transactions with keepdachange, tizofthe, adriana, wondercoin
  • 19Lyds19Lyds Posts: 26,492 ✭✭✭✭


    << <i>

    << <i>Maybe off topic but could somebody explain what the pcgs buyer protection buyout ia? Is any pcgs coin covered or only if you are the original person who sent the coins in? >>



    any member can send any slabbed coin in. >>

    I don't think that "membership" is required to take advantage of the PCGS Grade Garantee. A call to customer service can address this but if that were the case, then PCGS Graded coins would ONLY have "grade garantee" value to either PCGS Authorized Dealers or Collectors Club Members.
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!

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