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Mistake to sell? (SEALED 1st Strke 20th ASE, Oct11

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justjohn View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote justjohn Quote  Post ReplyReply Direct Link To This Post Posted: 09 Sep 2007 at 3:27pm
I still don't get it you can buy The set for $450.00 why would you spent another $90.00 to get it in plastic. The only one worth having is the reverse 
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griv View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote griv Quote  Post ReplyReply Direct Link To This Post Posted: 10 Sep 2007 at 3:05am
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Post Options Post Options   Thanks (0) Thanks(0)   Quote laxmaster92 Quote  Post ReplyReply Direct Link To This Post Posted: 10 Sep 2007 at 9:11am
You think that he will get the 12 grand he wants for it? If so you are mistaken
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Post Options Post Options   Thanks (0) Thanks(0)   Quote griv Quote  Post ReplyReply Direct Link To This Post Posted: 10 Sep 2007 at 10:49am
Originally posted by laxmaster92 laxmaster92 wrote:

You think that he will get the 12 grand he wants for it? If so you are mistaken
 
No, but I have an offer of 3 grand out to him now. :)
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HOLLYWOOD View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote HOLLYWOOD Quote  Post ReplyReply Direct Link To This Post Posted: 10 Sep 2007 at 10:51am
Just John i agree with you on the reverse is the onlyone worth having,but if you have a ms/satin 1st strike/early release in 70 theres value there the proof is only worth $50 thou knowledge is power.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote HOLLYWOOD Quote  Post ReplyReply Direct Link To This Post Posted: 10 Sep 2007 at 12:04pm

griv pcgs grades ase & age,but people think that there only worth there spot value of gold and silver i disagree, what do you think ?

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Post Options Post Options   Thanks (0) Thanks(0)   Quote griv Quote  Post ReplyReply Direct Link To This Post Posted: 10 Sep 2007 at 12:24pm
Originally posted by HOLLYWOOD HOLLYWOOD wrote:

griv pcgs grades ase & age,but people think that there only worth there spot value of gold and silver i disagree, what do you think ?

I think that those who are foolish enough to have that opinion are not only foolish but clueless. Spend 30 minutes on eBay and do a few searches using: PCGS (ms70,pr70) (gold,silver,platinum) and see how much spot value is being traded. These old timers just like their rusted, corroded pieces of yester year and have probably never even held a gold coin much less a platinum one. Sounds like sour grapes if you ask me.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote HOLLYWOOD Quote  Post ReplyReply Direct Link To This Post Posted: 10 Sep 2007 at 12:43pm
Im with you, anything is possable, some of them are pretty wise & knowlegable thou.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote justjohn Quote  Post ReplyReply Direct Link To This Post Posted: 10 Sep 2007 at 6:06pm
FRIV FOOLISH look at the dudes history the last ms 70 he sold went for $217.00 if you offered HIM $3000.00 theres a big difference between ask and sell prices on ebay.He also sold his last 3 pc 2006 silver set for $495.00
I buy anywhere from  5 to 20 of everything the mint offers except for the
Platinum's and the First Lady com. So as far as I'm concerned the $12000.00 PRICE IS GREAT makes me  $84000.00 but anyone who pays that much is NUTS
 PS between 2006W-- 2006W early release---2006W Anniversary total MS70 from NGC 11,672  THATS OUT OF 79.010 W GRADED                     ------------------ and only one GRADED MS64 so that one must be worth millions RIGHT SONNY





Edited by justjohn - 10 Sep 2007 at 6:23pm
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griv View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote griv Quote  Post ReplyReply Direct Link To This Post Posted: 10 Sep 2007 at 9:49pm

JJ, let's not get personal. What you don't understand is that this is a First Strike MS70 and there are only 10 at this time. I have a dozen FS 2006W in for regrade but only one or two are even close.

 

Since it appears that you know very little about the collectable bullion market and I happen to be someone that devotes a great deal of time to this, I would appreciate a more educated reply otherwise you are simply breathing hot air.

 
If you need to read up, try last month's Rare Coin Market Report, that's my 2004 Platinum PR70DCAM $50 on the cover.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote justjohn Quote  Post ReplyReply Direct Link To This Post Posted: 11 Sep 2007 at 1:53am
First Strike MS70 and there are only 10 at this time.Where is that posted is that PCGS because NGS shows eagles W 20th anniversary MS-70 at 5,738 and the early release 2006-W AT 1,623.
Your sending back coins for Regrade from 2006-w looking to get a MS70 but only ONE or TWO will even be close does that mean they miss grade your coins only 16% of the time.Makes me happy not understanding the bullion market ALSO puts me in SHOCK AND AWE of the TPGS marketing DEPT
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Post Options Post Options   Thanks (0) Thanks(0)   Quote griv Quote  Post ReplyReply Direct Link To This Post Posted: 11 Sep 2007 at 2:43am
Originally posted by justjohn justjohn wrote:

First Strike MS70 and there are only 10 at this time.Where is that posted is that PCGS because NGS shows eagles W 20th anniversary MS-70 at 5,738 and the early release 2006-W AT 1,623.
Your sending back coins for Regrade from 2006-w looking to get a MS70 but only ONE or TWO will even be close does that mean they miss grade your coins only 16% of the time.Makes me happy not understanding the bullion market ALSO puts me in SHOCK AND AWE of the TPGS marketing DEPT
 
Yes, but in the world of slabs, PCGS is heads and shoulders above NGC. Only those rare occations of human error does this not prove true. I used to have a bunch of NGC slabs but the quality was never up to PCGS. Now I don't own any. No offense to the NGC owners, they are without a doubt #2. ANACS and ICG are fair and pretty much that is it. I doubt if any of the NGC Early Release MS70 would grade above MS69. That and PCGS always sells at a premium above NGC. IMO.
 
On the subject of the 2006 Silver Eagles, I think you would maximize your sale sooner rather than later. The current MS70 pop for the 2006-W is now 18.  So sell them or grade them but do it soon as I suspect the First Strike MS70 to drop under 1K before winter. :(


Edited by griv - 11 Sep 2007 at 3:51am
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justjohn View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote justjohn Quote  Post ReplyReply Direct Link To This Post Posted: 11 Sep 2007 at 6:49am
griv lets see coin dealer newsletter on coin market indicators service on low high and average coins were talking high ms 70 puts PCGS @94.75% OF BID
while NGC was @94.29 %OF Bid  THATS .46  less than 1/2 % thats not head and shoulders in my book
Look I'M not saying you can't make a lot of money off these bullion coins.IM
just saying i would feel guilty  about it. The greed involved in this is why you are seeing the FED telling people not to get CERTIFIED COINS IN THE 401K  0R SELF DIRECTED IRA and will be the reason the may say you can't invest in them at all and get a TAX
deduction
PS makes you wonder when a blind man could grade all those eagles  MS69 and only be wrong on 10
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Post Options Post Options   Thanks (0) Thanks(0)   Quote griv Quote  Post ReplyReply Direct Link To This Post Posted: 11 Sep 2007 at 7:00am
First off, I don't agree with those numbers when it comes to collectable bullion. I think NGC does a better job on the classics but sucks in the bullion grading.
 
Also, I resent the implication that this is a greed zone. The IRS does not include graded coins because they are not in a position to get into coin spectulation and your theory is off the charts. First you are an expert in coins you know nothing about and now you are an expert on IRS policy. Geez JJ, you are a hand full.
 
You seem to be wasting a lot of people's time trying to support your original comment that modern coins are trash and should carry a warning label. I've been collecting and trading collectable bullion for 8 years and my collection stands toe to toe with ANY classic collection out there.
 
The point is that mature, rational, non-bigoted coin collectors don't put down coins they don't collect just because they don't like them. You are in your late 50's but you seem so much younger. I mean a whole lot younger.  So, why don't you lighten up, grow up or both. Stern%20Smile


Edited by griv - 11 Sep 2007 at 7:01am
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