I read an ad that had the 2007 ASE'S for sale. Graded BU and slabbed by NGC for $21.95!
The copy said the grading and slabbing by NGC was a $5 value! We all know what's happening. there is no grading. Obviously every ASE is BU. They dont make an ASE for circulation. Any coin directly from the mint and never entered into circulation is BU. NGC is getting $5 for a slab that costs $1. They have a minimum wage worker stuffing and sealing them for the huge coin wholesalers. The people who buy them are not true collectors or investors. They are souvenir scavengers who are buying pretty shiny coins. I don't see it as a compromise of integrity. All they are saying is the coin has never been spent. Like my header says...i have a desk littered with BU presidential dollars I could grade as BU. Sure George looks like he was attacked by a lawnmower and it would grade MS60....but that is a BU grade isn't it. Every dollar they make from the BIG BOYS is a dollar they dont raise my grading fees
pic is my ms70 20th
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