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Should I Bust Out My MS-68 ASE Set?

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 Posted 08/22/2017  7:39 pm Show Profile   Bookmark this topic Add SilverAddict to your friends list Get a Link to this Message Number of Subscribers
Before getting to the question, a little about my collecting habits....
I am fairly new to coin collecting. I only started because I like silver, so, I guess I'm better described as a silver stacker. My collection is mostly BU coins including ASE, Maples, Phils, Kangaroos, and a few oddball rounds that caught my eye. My purpose is to aquire silver bullion coins at our very near spot.

I decided I wanted to start assembling an ASE date set. I had lucky opportunity to purchase a graded set from 1986-2005 at a bargain price. My intention was to break the silver eagles out of the slabs and add them (in air tites) to a custom display I have built to hold my date set collection.

They are NGC graded, all MS68, all the same serial number, with 20th anniversary labels, one of 2005 assembled sets.

My options are break then open as intended and add to my display, or leave in slabs and then repurchase the dates I all ready have in slabs, send the ones I have in to be graded myself, or maybe put the balance in generic slabs so the kind of match. Any of the latter options mean rebuilding my custom display to take the slabs.

Now that I have them in hand, I hesitate to break open the slabs.I never intended to collect graded ASEs. The 68's don't seem to carry much of a premium over the ungraded BUs. Yet I still hesitate.

I'm interested in your thoughts please.
Edited by SilverAddict
08/23/2017 3:52 pm
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machine20's Avatar
United States
1277 Posts
 Posted 08/22/2017  8:05 pm  Show Profile   Bookmark this reply Add machine20 to your friends list Get a Link to this Reply
Maybe try to sell them all as a set for a profit and then buy the coins raw
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CelticKnot's Avatar
United States
12837 Posts
 Posted 08/22/2017  8:19 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
Personally I'd keep them in their slabs -- it sounds like a pretty cool set. The raw coins aren't that pricey.

Oh and to CCF!
Edited by CelticKnot
08/22/2017 8:20 pm
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coin197's Avatar
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 Posted 08/22/2017  8:20 pm  Show Profile   Bookmark this reply Add coin197 to your friends list Get a Link to this Reply
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moxking's Avatar
United States
17900 Posts
 Posted 08/22/2017  8:47 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
Without considerable expense once broken, not reassembled.

You can always break them if there is a good reason.

As it stands you'll hear some TPG haters to say otherwise, but my vote is to leave as is.

Buy some 9 pocket pages designed especially for TPG and build a very cool set.
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Spence's Avatar
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34410 Posts
 Posted 08/22/2017  8:49 pm  Show Profile   Bookmark this reply Add Spence to your friends list Get a Link to this Reply
@SA, first welcome to CCF. Second, I'd love to see some pics of what you've assembled so far!
"If you climb a good tree, you get a push."
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"The danger we all now face is distinguishing between what is authentic and what is performed."
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Foxwoods Man's Avatar
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4901 Posts
 Posted 08/23/2017  06:47 am  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
Welcome and very interesting set. I also would like to see a pic of at least one of the slabs since the 20th Annie set came out in 2006 and did not include any bullion coins. I could not find any POP of 2005 and before bullion (or any ASE) with that 20th Annie label.

2006 is when quality seemed to improve at the Mint and the POP of MS 68 coins dropped dramatically. Pre-2006 there were commonly 10 times more 68's than 70's. After 2006 the numbers of 68's dropped dramatically to almost the reverse..10 times more 70's than 68's

Anyway...interesting set. Don't know about value but I would keep as is...

...and a pic?
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United States
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 Posted 08/23/2017  10:36 am  Show Profile   Bookmark this reply Add SilverAddict to your friends list Get a Link to this Reply
Thanks for the welcomes and info so far. I'm now leaning towards leaving in the slabs and making new displays, for the slabbed set and a second for the newer issues I have in the air tites.

Here is a picture of one of the labels. I hope I resized and uploaded correctly!


Should-I-Bust-Out-My-MS-68-ASE-Set?
Edited by SilverAddict
08/23/2017 10:45 am
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moxking's Avatar
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17900 Posts
 Posted 08/23/2017  10:50 am  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
Not that it makes a difference price wise, but those labels are darned hard to find. Selling them as a set should have some good bids.

But I'd still get the 9 pocket pages to make an awesome 3 ring binder.
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jbuck's Avatar
United States
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 Posted 08/23/2017  11:55 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
to the Community!

Decisions, decisions.

A year ago I would have said crack them without hesitation.

However, I recently starting building a set of Eisenhower dollars in slabs. I have a whole new appreciation for them as a worthy container, so I can understand the desire to leave them be.

Ultimately, you need to make your own decision, but I will offer you this...

That slabbed set that I am building now is Ike set number two. I already have a set of raw Ikes housed in a Dansco. There really is no harm in having two sets, one raw, the other slabbed.
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CelticKnot's Avatar
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12837 Posts
 Posted 08/23/2017  12:49 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
I'm in the camp of keep 'em slabbed, and I'm not eveb a slab guy.
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Foxwoods Man's Avatar
United States
4901 Posts
 Posted 08/23/2017  1:00 pm  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
I have never seen that label....Nice! I should add that there has to be different levels of that set since there are not 2005 MS68's graded some years
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United States
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 Posted 08/24/2017  08:27 am  Show Profile   Bookmark this reply Add SilverAddict to your friends list Get a Link to this Reply
I was curious about how many sets in each grade and did some digging. Running the serial number on NGC didn't return much info. In sales listings around the web I found several different examples of this label in single 68's available, one single 69 and a complete set of 69. All examples said xxxx of 2005.

I've decided (for now at least ) to move the slabs from the plastic NGC box and put them in pocket pages for better display. I will then fill the rest of the air Tite display I made with random ASE as funds permit. Did I mention I like silver? Lol. I'm not going to go out of my way to acquire more slabs, but if the price is right.....

Thanks everyone for the help. I will continue to pick your brains as my collection expands and questions develop. I hope to learn enough along the way to contribute intelligently myself!

Edited by SilverAddict
08/24/2017 08:29 am
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jbuck's Avatar
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188610 Posts
 Posted 08/24/2017  2:13 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Did I mention I like silver?
I think the name gave it away.

I am glad that you have decided on a plan.
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