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 Replies: 21 / Views: 4,638 |
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New Member
United States
5 Posts |
Home Shopping Network is featuring coins this hour and a 2012-S silver eagle in particular in MS70. no mint mark but is certified as struck at SF as a supplemental coin. |
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Rest in Peace
United States
9104 Posts |
 , gardencat! More grossly overpriced junk. |
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Valued Member
United States
109 Posts |
Bigfred, overpriced yes, junk, no. :-)
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Pillar of the Community
United States
1213 Posts |
Welcome gardencat! Some advice for you - stay away from HSN. Very overpriced.
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Rest in Peace
United States
9104 Posts |
A ms70 Peace dollar would be rare. MS70 proof ASE, which are seldom less than ms68, is just promoted junk. |
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Pillar of the Community
United States
3755 Posts |
Not junk. Sorry Fred, but just because it isn't a classic coin doesn't make it junk. No matter how much you and the other old timers want that to be so. As for over priced, as the OP did not mention how much HSN is charging, I wont comment. Sometimes they do have decent prices. Not often, but now and again. And gardencat |
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Rest in Peace
United States
9104 Posts |
I don't feel it has anything to do with classic, any more than common ms65 Morgans @$400 were junk, and their current price shows this.
If you have to tell people something is collectable or an investment, it usually isn't.
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New Member
 United States
5 Posts |
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Bedrock of the Community
 United States
12841 Posts |
5x spot is even more than the US Mint charges (yeah, I see it's a magical 70). IMO don't bother; you'll be able to get these ASEs from your local bullion dealer soon if not already. And if you need a 70, they won't be that high for long. Quote:
What a wonderful way to mark a special occasion in your life or the life of someone you love! [vomit] me [/vomit] And as always, if it makes you happy and it doesn't cause your children to starve, who cares? |
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Pillar of the Community
United States
1302 Posts |
ANACS 70 = PCGS 69. Sorry, no other TPG has the clout to carry premium pricing at that grade. Want a case in point, on ebay right now is an ICG Ike PR70 from 1973. PCGS has never given one that grade and the dozen or so 70s they have graded sell for thousands of dollars. The seller on this auction allows no refunds and is offering it for $230. Remember, its a bargain if its really a 70... wanna take that risk and spend 10x the value of a 69? And as for the Eagles? collect them because you like them or collect them because you want to buy silver coins- don't buy them as an investment- especially slabbed ones- b/c there's little hope at these coins being wiped out and becoming rare. The only rare Silver Eagle is rare b/c it was coupled with a gold set that most Silver collectors couldn't afford. |
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Pillar of the Community
United States
927 Posts |
HSN's prices for coins are high and I would never buy them. However, in a twisted sort of way, HSN is getting the word out to non-collectors about coins that they may have never heard of. And maybe some of them would get educated and start collecting themselves, which is good for all of us. I do enjoy watching the show sometimes to see what they are selling. They are very good at sounding convincing and non-collectors could certainly buy into this hype. Oh well. I also feel that slabbing ASE's is not worth it and I will not buy them unless they are the same price as raw coins. Sometimes they are. |
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Bedrock of the Community
United States
17884 Posts |
Last year they struck the ASE at San Francisco to take pressure off West Pointwitht he huge number of coins they were having to strike. As far as I know there have been no announcement so far that this would continue in 2012. Add to that the fact that the coins have only been available for less than 48 hours so would they know they had San Francisco coins? I suspect that at this point this offering is merely a speculation that San Francisco coins will be available. |
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Pillar of the Community
United States
4901 Posts |
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Pillar of the Community
United States
809 Posts |
I watch those two idiots for entertainment purposes only! I would never buy anything from them. I have plenty of good coin shops around me.  |
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Pillar of the Community
United States
1510 Posts |
same here Quote:
I watch those two idiots for entertainment purposes only!
also the 2 winners on "Coin Vault" and the ever scintillating "fine coins with Barry Chapell" Retired USAF 1983-2003
Edited by Coinstar
01/08/2012 2:46 pm
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Valued Member
United States
306 Posts |
I believe there is a chance that these may be worth a bit of a premium one day too....nothing crazy, but perhaps worthwhile
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Replies: 21 / Views: 4,638 |
Posted 01/07/2012 9:23 pm
