Just Obtained- 1928 P MS-63 Peace Dollar

In my world, being the oddball is the norm for me. I understand what you mean fredd, it is like being at the start of a trend, and selling at the high-point of that trend, knowing when the trend will trend kind of thing.

I was almost on the brink of purchasing Perfect70s from APMEX, but something in my gut stopped me. It seemed I would rather have double the physical silver, than a coin that is perfect, yet accessible to everybody at the moment, at a not too hefty price, in my opinion.

I am continuing research on the rare-coins in the market, and what people seek. I will always pay close attention to the releases from the US-mint, as those are my hearts desire.

As far as getting a decent coin, is there a grade you would suggestion I seek over one or the other?

It seems to me I, and personally, I don't think I want to obtain anything without at least an MS-63 status, and hopefully with a CAC seal of visual approval.

I also posted a question in a different forum, with no replies yet, do you think I should have my ATB-5ozUNC coins graded? If I am planning on keeping them for the entire collection term, and then possibly ten years after that, before I consider selling- although I see other people's woes on this forum about submitting and dealing with TPGs and it makes me hesitant.

Thanks again BiggFredd!

Hope everybody is having a great weekend!

-D

It's tough to add something as wise as Fredd has been writing....

I will reiterate my previous statement regarding rarity/demand. It's a more risk-averse strategy than others; the return is therefore less rewarding, but it's much more certain. The right coins don't have to me MS63, nor do they have to be CAC certified (will we remember who CAC is in ten years?). The people who will buy these coins will know what they're looking at, regardless of what the slab says. There are plenty of issues whose conditional rarity is such that even a VG-F example represents a solid long-term investment.

The skills you'll need to choose these coins are the same skills you'll need to decide whether "perfect 70's" are worth purchasing. Just because a TPG calls it a 70 doesn't mean it's a 70, and furthermore, "70" isn't all that difficult for the Mint to achieve these days.

I don't have any faith in the continued market or price for anything capable of a 70 grade, anyways.