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 Replies: 16 / Views: 4,055 |
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Pillar of the Community
United States
7293 Posts |
I don't know how much I trust the price guides, I purchased an MS 66 JFK (silver) for $18, so I think the price guide maybe way too high.
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Pillar of the Community
 United States
8939 Posts |
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I purchased an MS 66 JFK (silver) for $18, so I think the price guide maybe way too high. That's an extremely low price. I dunno who you bought that from, but you stole that at that price. |
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Pillar of the Community
United States
4963 Posts |
"Instead of buying silver, you should be spending your money on our services!"
-PCGS
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Bedrock of the Community
United States
10284 Posts |
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"Instead of buying silver, you should be spending your money on our services!"
- PCGS It's always about making money it seems. |
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Pillar of the Community
United States
7293 Posts |
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That's an extremely low price. I dunno who you bought that from, but you stole that at that price. @Grape, I wish I had a secret, but it was just a regular ebay purchase.  |
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Pillar of the Community
United States
3281 Posts |
As a silver stacker myself, while not as ambitious as other members, I believe it's safe to say that the majority of silver stackers collect silver, for the silver. A raw silver coin that is MS65, would be worth as much as a PCGS MS65 silver coin according to that logic. Having it verified by PCGS, or buying a PCGS, or really any other slabbed coin, would simply be cost ineffective. Those coins presented gained value because of the toning.
As said by the others, I also respectfully disagree with the claim made by the OP. This seems like a ruse to spend more money on unnecessary services.
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Pillar of the Community
United States
2483 Posts |
whether I'm buying bullion or coins, I buy them for the reasons that I determine, not because someone tells me to.
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Bedrock of the Community
Australia
21788 Posts |
As with any other coin (bullion or otherwise), the potential value of the coin after grading has to justify the grading and return shipping fees. Most collectors seem to set that potential value in the $100-$200 range. Doesn't matter if a bullion coin may be MS-69 or -70, if the potential value when graded is less than (say) $150. If the potential value graded is not high enough, then don't bother the get the coin graded. Value-wise, you are wasting your money. If you can grade accurately and confidently enough for yourself, then do so and save the fees. For American coins, we all have Photograde as a resource, to help our efforts. Slabbing works best when you are buying or selling on ebay, where you can't inspect for yourself before buying. Also, may facilitate a sale for the right price at public auction, such as Heritage. Such are the reasons why I tend to resist PCGS marketing hype. |
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Valued Member
United States
493 Posts |
I purchased 4 MS69 2012 RP ASE slabbed back in the day from dealers when they were dumping them for $75 each, recently sold them on the bay for $150 each. I got rid of all my slabbed moderns, they take up to much room. |
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Bedrock of the Community
Australia
21788 Posts |
They way I see it, those who collect slabbed (silver or gold) modern coins are not really silver stackers. They are a class of collector unto themselves. Nothing wrong with that.  To my way of thinking, a silver stacker is an accumulator of bullion silver, not necessarily interested in pristine slabbed coins. I have stacked a few ounces of platinum in this way. |
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Pillar of the Community
United States
2869 Posts |
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They way I see it, those who collect slabbed (silver or gold) modern coins are not really silver stackers.
They are a class of collector unto themselves.
Nothing wrong with that. I agree. They are not stacking silver. They are buying nice coins. |
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Pillar of the Community
Canada
665 Posts |
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To my way of thinking, a silver stacker is an accumulator of bullion silver  There are many types of collections... slabs, raw circulation coins, NCLT, Royal Doulton figurines, rare guitars etc... Rarely do the rules and measures from one collection transfer to another. Just because the root "collectible" is a coin does not equate bullion, NCLT, raw circulating and slabbed coins. Each are valid things to collect if that is what moves you... but I would hesitate to use slabbed coins... even slabbed ASEs... as a bullion stacking vehicle. |
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New Member
United States
2 Posts |
IMHO a better alternative to slabbed modern silver coins is to research and purchase classic silver (or gold) Key Date coins from a multitude of series. This way one can take advantage of long-running numismatic value + the value of the precious metal. You are doubling your chances at maintaining or gaining value in addition to Keys having a documented performance history AND constant demand should you wish to sell. Yes, these will have a more expensive entry point when purchasing and you will have a much smaller "stack" choosing quality OVER quantity. I sold all my conventionally-stacked silver in Feb '21 when I'd had enough of increasing premiums and every Tom,Dick and Harry starting to flock to silver...that was MY exit from stacking. Proceeds from the sale were channeled into carefully-chosen gold and silver Key Dates for my growing collections.
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Moderator
 United States
189767 Posts |
 to the Community, PDKHort! |
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Pillar of the Community
United States
616 Posts |
Smart move PDKHort. You make a good argument for numismatic value over melt price.
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Replies: 16 / Views: 4,055 |
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First Page
Posted 05/27/2021 11:16 am
