Jason Abshier

On 7/13/2021 at 4:46 PM, VKurtB said:

Do you consider that a fear with a foundation? Is PCGS “looser” on foreign gold than NGC is? I wouldn’t know. I avoid gold altogether, pretty much on economic morality grounds. I have some, but not much at all. I “bailed out” of gold in August 2011.

I do see a lot nice world coins in PCGS holders do I feel they are looser on grading compared to NGC ? no but I do notice they both have different grading standard . I see PCGS awards high grades for “luster bomb” coins , as where NGC may not award a coin for high luster but a stronger strike basically the same trend we see with US coins . Do I feel PCGS is worth more than NGC coin ? That’s matter of buyer which they like how much loyalty they prefer towards one of grading companies . But I do notice the PCGS world coins AGAIN ! trying to sell for higher premiums like they are more superior over NGC when we all know NGC has more deeper history and better knowledge and deeper data base grading world coins than PCGS ever will they joined the world coin market a little too late . I’m not trying bash PCGS I do see some nice interesting coins in their holders i would buy both either way even some older white ANACS world coins as well 

Since you bought that up , few smaller stores around me have signs up they need help with quarters and nickels and dimes … I think it’s a circulation problem that’s going on you’re not the first to notice it been going on for awhile in some areas and smaller stores 

If folks on here are complaining about spending too much on coins , you ain’t see anything yet especially on European market they pay way way more for an American coin over there than we do . I’ve seen them pay $2 for a common statehood quarter ! $3 for a sacagawea dollar , $60-$80 for AU peace dollars ! … I just got back in bidding on live auctions on European market been a long while since did any live auctions mostly for old silver/gold UK and Germany , French coins totally different market over there 

That’s the most horrible example of a 1955 “fake” double die that I’ve ever seen it could that a mile away it was fake 

I thought about it some more it could also be our beloved government’s “counterfeit mint issue” when the mint was bored didn’t have much to do they decided to make a bunch of funny money copies for the collectors just joking around 

I’d classify them as Novelty type of a token since they have “copy” written on them more like play money token. I wouldn’t consider them a medal , as a medal was made as a commemorative  tribute to something like a war or important event that happened in history 

@James Zyskowskiyou’re doing alright on here being new and all to the Hobby. That’s is true there is a “cycle time frame” maybe in your life time you don’t plan on flipping your silver for money or investment , maybe you want leave it for your kids and grandkids to decide what they want to do with it . Every day people inherit coin collection from a dead relative who spent their whole life paying out money to build their collection then one day died suddenly not see a single dime back for what they spent into the collection … Not everyone has their heart set on “investments” … to tell you truth I’ve lost more money when it came time to sell certain coins even in high grades I paid more than what I could sell them that dirty secret behind coin collecting you can buy say  peace dollars at $200 graded by NGC but prices never really change much over next 10 years it hoovers around $180-$220 comes time for you to sell it nobody wants to pay $200 (there alot low ballers out there) but you sell for $180 you took a loss take it to a dealer you’ll lose even more money!  … it’s the way it is . A lot collectors spend more money than they would make selling most of their coins are very common on market unless they are key date coins always pull a demand and premiums for key date coins all the others in a series are common coins take forever for some coins to gain more value and some fall a little behind on value market moves in waves you have catch it at right time to sell 

5 minutes ago, RWB said:

attempting to acquire any precious metal at inflated prices is ridiculous. Buy and hold is not the way to make money in precious metals, either use it or flip it....more + flips = better total return on investment.

@RWB I agree somewhat with this statement about making a profit on silver or any precious metal … 

but where I disagree , try buy any silver round at let’s say $32 an .oz sure you can find some at that price (plain Jane silver rounds) … But say now you want something a little nicer to show as a collection? Better silver rounds more fancier your not going to get them at $32 an oz. The prices for some silver rounds are all over the market way way off the chart. Maybe some folks rather collect a handful of silver rounds and pay a little more over spot price such as $45-$50 a round just to have for for their collection means they would have sit on it longer to recoup the cost the silver market could drop next year out of blue everyone wasted their money either way it goes 

13 minutes ago, James Zyskowski said:

Where did it say what she paid. If it’s a couple years old she paid about $35-$40.   I have inspected a few Intaglio products and the US Mint could take some lessons.  

It didn’t mr bill mention they sell for $100 I assumed she just bought recently, @James Zyskowski I agree the US mint doesn’t even come close to some of the other mints from Around the world that are offering very very nice quality silver rounds . But yet Americans are patriotic they love their ASE coming out of the US mint ! year after year , it is what it is … I read an article of a European coin collector calling Coin world to talk about US minting and what they make why is market so hyped up in USA , there’s a big coin show in Europe all mints from Around world attend to show off some of the new stuff they are making for modern collectors … Guess who not there ? The US mint 

1 hour ago, James Zyskowski said:

I’m sure it is a little high but knock off$20. $78. Not bad

@James Zyskowski it’s a nice silver round , it really no different than someone paying a high price of MS64-MS65 common Morgan dollar but some collectors do because one it’s graded . 2 it has numismatic value simply because the collector world in US embraced it to say it’s numismatic piece so the collector feels Like he hit a Hail Mary for buying a $300 common Morgan dollar which there 1,300 of them on market right now and another 2,000 in a bunch of collectors collections .
 

Right now the problem is some collectors haven’t embraced the concept that Silver bullion rounds are collectible among collectors right now in the “modern market”  is trying to shift over into a whole new “era of numismatics” and silver rounds do fall in that category it’s the next generation of collecting so prices right now are what some collectors are saying some folks are paying too much for a “nice and unique” silver round even if it’s dated, but these collectors have no problem spending $300 or more on a MS “common graded” Morgan dollar with only 90% silver which probably has a higher mintage figure than your Panama pacific silver round like I said whether anyone likes it or not there’s going to be a market coming collectible “odd” silver rounds at prices little more than premiums that an ASE would sell for it is what it is I see it everywhere in market strange silver rounds popping up I myself have 2 dozens of silver rounds I bought alone this year from around the world some of them have very low mintages and really cool the prices is little more hefty comes with package and box and certificates I posted them in world coin section on here although I don’t plan on sending in for grading I have no plans to sell them so grading doesn’t matter to me  … 

but I do see a lot bullion being graded and it is selling on the market I won’t lie about that I personally know few newer collectors that’s all they do is collect silver rounds bullion and send them in for grading sometimes they sell them for a nice profit just like a person selling a graded Morgan dollar it’s not different. I notice some on here say “it’s bullion no big deal” maybe not to me or them . But to someone else it’s a big deal . 
 

also don’t confuse a “silver stacker” to someone who collect different silver rounds so they all look differently that’s called “collecting”… A silver stacker buys tubes and tubes of all same coins cheap because they want to dump them on market later on when prices go up to make a little profit 

20 minutes ago, James Zyskowski said:

2ozsilver round 

That’s what I meant 2oz @ $100 is what she paid , hopefully silver climbs $60-$80 (an oz) she will recoup back $120-$160 on that 2oz round that’s if silver ever reaches those prices which I doubt in a long time from now 

That is a high mark up $100 for undated silver round? Gonna be hard to recoup melt value if your sister wants sell it gonna have hold onto it pray silver reaches $60-$80 an ounce someday … 

14 hours ago, Quintus Arrius said:

@Jason Abshier  These are usually the dealers -- many based overseas -- that provide what they believe is the highest degree of information and the finest example of photography they feel is sufficient for a buyer to make their decision.  In a perfect world make, this would make but is not good enough for the more experienced experts who would prefer to conduct an autopsy at their leisure and on their own terms with a return guarantee. As you may be aware, I have regular dealings with reputable coin emporiums who emphasize the fact that, if for reason you remain unsatisfied, you are free to send the purchased item back postehaste.

@Quintus Arrius, I’m far far from an expert I would never ever consider myself an expert . I do believe there a big difference when it comes to American’s collecting coins VS European market on how they grade coins I’ve heard some Europeans find that old classic coinage in say AU-MS63 is considered a nice coin for their collection . As an American prefers the best or best GEM quality coin hoping it grades out MS67 or higher . If it has a splash of rainbow toning an American is willing to pay a lot more for it . I see a lot of old old classic European coinage with heavy tone as well as rainbow toning they don’t seem to try sell it over price just for that reason (and that’s the way an old coin should look untouched) . I also sadly see a lot of “cleaned” “damaged” European coins in NGC , PCGS , ANACS holders as well probably from Americans trying to clean an old European coin before sending it off to grading. I do see we are different as Americans with our standards and when it comes to coin collecting compared to other countries around us that have coin collectors as well 

6 minutes ago, Alex in PA. said:

I'm just hoping things calm down so I can get to buying again.

I hear ya , yeah I been spending a little more than I should have for certain coins but so far I mostly been focused on world coins for last 5-6 years , I haven’t collected a US coin for a long while other than I started a set for US silver $1 commemorative coins but lately I haven’t been building that set up it gonna take 174-176 coins ? From 1983-present gonna take me a long while to complete that series . now I been hunting down classic world coins in old NGC fatty holders if the slab is completely intact and no missing hologram on back of slab I may consider buying it but I ain’t paying a wacky high price for old slab something about coins in old old slabs I rather have them than a newer slabbed coin that’s just me 

4 minutes ago, Alex in PA. said:

Good luck on that Proof.  Nice looking coin.  I have, once in a while, sent in a coin to be slabed because I wanted to protect it or because it was 'special' to me.  It's what's important to you that counts.

I probably won’t send them in , it’s modern to me they are protected in airtite capsules no big deal … I’ve seen some that were already graded with a high wacky price tag . Doesn’t mean anyone is buying them . I sure don’t have plans on selling mine so grading isn’t really a priority right now . However I been thinking of investing or making my own display tray for these Germania mint rounds I have a small wood shop in my garage maybe a nice piece of black walnut lay the coins in it add a glass over the top I’m messing around with ideas 

17 hours ago, Alex in PA. said:

Q:  What ever do you intend to do with that?    

I’ll probably get the proof graded , the other issues BU type of coins I might not get them graded … I been sitting on the idea haven’t made my mind up they all may look better in a slab . I don’t have any plans for selling them anyways as of now 

Doesn’t surprise me , I’ve bought some coins online when I got them in hand they weren’t that appealing to me the seller made the pictures look too good . I sent them back it happens but most sellers offer you can send the coin back if not satisfied. Any seller that says “no returns” I don’t do business with them that’s shady business practice 

1 hour ago, Quintus Arrius said:

The one thing that has always puzzled me about the ASE is while the weight of the coin is depicted, the fineness of the silver is not.  Why?

Yeah I don’t know why , but I know they say ASE is 99.9% pure silver it may not be as pure as .9999 silver not that it probably doesn’t matter too much 

There’s even Disney world collectible graded paper money there’s a market for it 

Collecting is to collect for love of it . Some collectors love collecting odd tokens or challenge coins even poker chips there may not be a big numismatic market for them not as yet but who knows what’s future hold ? New market doors are being opened everyday if a group of people start getting interested into the same thing sooner or later you’ll see a market . Don’t laugh there’s a market for Pokémon cards , hot wheel cars , comic books , even old beer cans and bottles just to name a few it’s not all about “old classic US coins” 

45 minutes ago, Quintus Arrius said:

Look at the workmanship of those Master Engravers!  (The one thing that has always puzzled me about the ASE is while the weight of the coin is depicted, the fineness of the silver is not.  Why?)

I was once was told because I asked the same question once long while back to a silver dealer told me (.999 is same as 99.9% purity ran once through refinery) as (.9999 is equal to 99.99% purity it passed through refinery twice to get that purity) 

agree some of the best gold coins , old silver and copper coins as well as medals came from European countries even dating back 1600-1700’s old French and German coinage is far by the most beautiful painstakingly designed coins they took great pride in their engraving work and craftsmanship . 

Proofs Germania series