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 Replies: 30 / Views: 3,618 |
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Pillar of the Community
United States
4901 Posts |
Quote:
Paying $500 for something that's worth $25 (or less) out of the slab is indeed insane. I agree and if I remember correctly they were selling for over five grand... ...and with all the duh statements I made about grading bullion I will admit that yesterday I picked up 5 2017 PCGS MS70 First Strike (duh) bullion ASE's for less than $29 each...it was a Blue Moon related purchase but I didn't see much downside with it  |
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Valued Member
United States
390 Posts |
How much did those 2017's sell from the mint?
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Pillar of the Community
United States
4901 Posts |
Not available from the Mint...bullion...spot plus premium
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Pillar of the Community
United States
1913 Posts |
OP, you titled this thread "ASE's - Death By Struck By?" Perhaps this is another example of the scams being perpetrated by the 3rd party grading services that will result in the future thread "3rd Party Grading - Death By Struck By?"
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Valued Member
United States
124 Posts |
Are you referring to the 2015 P stuck by thing bret.
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Pillar of the Community
United States
1913 Posts |
Not just that, but anything where the submitter has to keep something in the original unsealed box or original mint packaging in order to get a certain designation from the 3rd party grading service. If they can't tell a difference by looking at the coin alone, then there is no difference.
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Pillar of the Community
United States
4901 Posts |
I assume you are referring to the "Set" designation like the 20th/25th Annie ASE set and the most recent Congrats set. The difference there is that those coins DID come from that set and the bullion (P) could have come from another Mint so the label could be incorrect. |
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Rest in Peace
 United States
17900 Posts |
"Struck By" being referred to as those coins that cannot be designated, one from another, except by the holder it is encased in, saying that it was struck by.
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Pillar of the Community
United States
4901 Posts |
Quote:
Struck By" being referred to as those coins that cannot be designated, one from another, except by the holder it is encased in, saying that it was struck by. Quote:
Not just that, but anything where the submitter has to keep something in the original unsealed box or original mint packaging in order to get a certain designation "Anything" = "Set" designation for ASE's or other coins..same as those not in the set but different only by label..I understand what "struck by" means http://www.ebay.com/itm/2006-W-SILV...AOSwjvJZScYXAbove is the exact same ASE as those not in the set but sells for over $400 more Edited by Foxwoods Man
07/04/2017 10:27 am
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Valued Member
United States
411 Posts |
Have any of you ASE collectors got this book ? saw it this past week and really like it , only thing is it goes through 2015  |
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Pillar of the Community
United States
1913 Posts |
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The difference there is that those coins DID come from that set and the bullion (P) could have come from another Mint so the label could be incorrect. My point is that the whole thing with labels indicating what set or mint (if not mint marked) the coins came from is without value to me. If someone cares so much about the OGP, then leave it in the OGP! I searched long and far for my 25th anniversary ASE set. It is possible that someone replaced the bullion ASE with one from a roll. I really don't care because nobody can tell one from the other. I'm perfectly happy with my almost complete ASE collection (only need the '95-W Proof) and don't feel in the least that it's not complete because I don't have an ASE that a 3rd party grading service can't designate by looking at it. |
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Pillar of the Community
United States
1660 Posts |
They're just novelty bullion. No matter how superdooper struck triple reverse mirror first day proofy they are - it's non circulating novelty bullion. The whole marketing scheme is just government issued beanie babies, struck in silver.
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Pillar of the Community
United States
4901 Posts |
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the coins came from is without value to me. Very understandable BUT they ARE of value to a bunch of other collectors. If you are just collecting type coins with zero interest in selling then that makes life easier. I have been selling those "without value" coins for a long time and it has supplemented my retirement very well with them... |
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Rest in Peace
United States
17900 Posts |
While I realize that the vast majority of opinions condemn TPG's for making such distinctions when the only way to tell is from the 500 case box they were issued in - there remains a thriving market for such "coins". I know there are relatively few on this site that use either the PCGS or NGC Registries, but if you take a look at the number of folks who do use those sites, the ASE's (including those that are "struck by") is greater than Lincoln Cents, or Morgan dollars, or any of the other sets deemed most popular. Although I do agree with your aversion to those "coins" for your own collection, there are a whole lot of collectors who do enjoy incorporating those "not really different" bullion pieces into their collection. Saying what you like and dislike is perfectly okay and understandable. Making any statement that indicates that someone who collect differently than you do is somehow less knowledgeable really isn't necessary. |
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Pillar of the Community
United States
4901 Posts |
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No matter how superdooper struck triple reverse mirror first day proofy they are - it's non circulating novelty bullion Your opinion and you are obviously entitled to it but if you did some research you will find a crapload of collectors that will differ. Same mindset: Baseball cards are, after all, just paper with pictures printing on them. I wouldn't pay over $2 million for one but some will..etc...etc...etc Facts vs. beliefs |
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Replies: 30 / Views: 3,618 |
First Page
Posted 07/02/2017 2:21 pm
