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RCMember
Posts: 39 Joined: 21 Mar 2008
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Posted: Fri Mar 21, 2008 4:55 pm |
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Even though its a Bullion coin, there seems to be a very good following for these coins.. Do you think they will still be hottly collected or simply fall by the wayside when the silver prices drop.?
Thanks CP..
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DickExpert Member
Posts: 5780 Joined: 21 Sep 2006 Location: Rialto, CA.
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Posted: Fri Mar 21, 2008 8:38 pm |
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RC, frankly, I don't believe they will ever "drop". they may fluctuate a little, but generally, I believe they will get much higher, due to the international need for the metal. I have several, and I'll keep them, if for nothing else, the melt value, although I like the image. It reminds me when the "walkers" were very well seen in change.
Dick
_________________ " Deja Moo: The feeling that you've heard this bull before".
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RCMember
Posts: 39 Joined: 21 Mar 2008
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Posted: Fri Mar 21, 2008 9:04 pm |
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Thats kinda what I was thinking to.. Anyhow, I have only bought 3, (86-87-8 they are ungraded but still in the mint velvet cases.. I showed them to my mother & I guess I will now be buying her a few as gifts.! She simply loved them.. I think I created a monster.! or she did..!??..? Confusing.!
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Bob PSite Admin
Posts: 3482 Joined: 01 Jul 2003 Location: Niceville, Florida
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Posted: Sat Mar 22, 2008 5:31 am |
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RC,
I think the ASE will be very collectible for a very long time. The obverse design is a classic that many collectors love.
I have the complete set from 1986 to present, buying one each year to keep it current. Bullion prices may keep a few from adding the their collections, but overall, they still remain very collectible.
_________________ Bob Piazza
Site Admin/Moderator
Attributer/Photographer
bobp@coppercoins.com
mustbebob1@gmail.com
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eagamesExpert Member
Posts: 3013 Joined: 15 Nov 2005
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Posted: Sat Mar 22, 2008 1:08 pm |
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They are one of the nicest modern designs and you can't go wrong if you buy them as bullion.
_________________ Ed
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KurtSSenior Member
Posts: 875 Joined: 15 Feb 2008
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Posted: Sat Mar 22, 2008 2:25 pm |
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| I believe they will get much higher, due to the international need for the metal. |
Well, perhaps. But I'd like to see industry consumption figures first to concur with actual "need". Everyone should note that one major use of silver has been undercut by new technology--the replacement of silver-based photochemical processes.
Need aside, there's been a long tradition of hoarding silver in many cultures, notably India and other parts of Asia. Over a shorter time, there have been attempts to corner the market and make a killing (Hunt bros. anyone?). More recently, there is now a speculative run in spot metals. That's just my call. I don't expect anyone to agree, but please don't label me as some doomsayer, lol.
For what it's worth, I have called the tops of both the dot.com and real estate bubble due to proximity of my business interests, and just had to mention something here. Of course your risk depends on the price you buy silver--the higher the price, the more caution should be used, imo
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kenSenior Member
Posts: 584 Joined: 05 Jan 2008 Location: Phila.,Pa.
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Posted: Sat Mar 22, 2008 5:13 pm |
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Hello RC and welcome to the forum.I have 3 sets to date in ngc ms and pr 69 along with several rolls of various dates.I have a few ms70 and pr70 also slabbed by pcgs and ngc.Don't have the 95w though.Great looking coins and the bullion will fluctuate,but the coin is desirable.Have to agree though,depends on what you pay for the coins.I got most of mine a few years back when silver was much lower,so I am naturally ahead right now.I do what bob does,when a new one comes out,I get a couple slabbed ms69 and pr69 to keep up to date with the sets I have.I picked up 5 sets of the 20th anniversary 3 coin issue.2 raw and 2 ms/pr69 ngc and 1 ms/pr69 pcgs.I think someone will always want these coins for years to come.Ken
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RCMember
Posts: 39 Joined: 21 Mar 2008
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Posted: Mon Mar 24, 2008 4:56 pm |
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I have only bought proofs so far, not sure if I will collect the bussiness strikes.. I really enjoy the coins but they are very hard for me to grade.! of course I only have a very limmited amount of coins to study.. Can any of you advanced collectors give me a little insight on the differance between a PR69 & PR70??
Thanks,Rc.
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eagamesExpert Member
Posts: 3013 Joined: 15 Nov 2005
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Posted: Mon Mar 24, 2008 9:57 pm |
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For the most part the differance between a PR69 & PR70 is a lot of $ but the coin will look about the same.
As grades get higher the differance between grades gets smaller. Grading is a judgement and people/graders/TPGs don't always agree on grades even in the low grades and even the same TPG might grade the same coin PF69 one day and PF70 the next day.
The plague of SAEs is white milk spots!!!!!!
The coins grow spots in the holders or out of holders.
Any milk spot ruins a PF70, a few spots and it's only worth melt.
Many many SAEs grow milk spots and people send them back to PCGS for the guarantee. They wait months then get either $ or the coin with a lower grade and SOME money. I'm surprised the TPGs will even holder SAEs because so many degrade in the holders. PCGS was offering a big reward if someone could prove a solution or rinse that will stop them but it seems there's no cure. Do a search on the CU forum for milk spots and there will be hundreds of threads about SAEs growing spots.
_________________ Ed
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RCMember
Posts: 39 Joined: 21 Mar 2008
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Posted: Tue Mar 25, 2008 8:28 pm |
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Thats like a horror story.! I defenitely have to read all about this.. Thanks for the info..
Rc
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