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Real Value Of Some Of These Highly Advertised Coins

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hpyhikn's Avatar
United States
1 Posts
 Posted 07/23/2010  5:18 pm Show Profile   Bookmark this topic Add hpyhikn to your friends list Get a Link to this Message Number of Subscribers
Greetings: My boyfriend is thinking of buying Westminster Mint's 2010 American Silver Eagle for $79.95 + $4 shipping and handling. It was advertised in the newspaper. Unbelievably enough, I found the same ASE on sale at another website http://www.coin-rare.com/2010-silver-eagles.aspx for $20.64. Am I crazy or is buying this coin an obvious bad investment? I'm planning to tell him to just give me the $83.00 and I'll put it in a savings account or buy Apple stock with it. At least then he'll get a positive return. Why do people buy coins that obviously have negative value? It seems insane to me.
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specksynder's Avatar
United States
1080 Posts
 Posted 07/23/2010  5:38 pm  Show Profile   Bookmark this reply Add specksynder to your friends list Get a Link to this Reply
As I mentioned on your other post, that ASE from Westminster mint isn't any old ASE, it's a PCGS-grade MS70 which is pretty valuable and based on prior years will likely appreciate in value.
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jbuck's Avatar
United States
188440 Posts
 Posted 07/23/2010  5:42 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
The original post is here:

https://goccf.com/t/68914

It was moved to Modern Coins, where it is a better fit.

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