• Same story, different day...........year ie more of the same fiat floods the world
  • There are no markets
  • "Spreading the ideas of freedom loving people on matters regarding high finance, politics, constructionist Constitution, and mental masturbation of all types"

New US Mint curved coin

bulloncoins

Silver Member
Silver Miner
Joined
Mar 30, 2010
Messages
769
Likes
565
Anyone remember the day when PCGS rarely gave out MS-69s? Then MS-69 became the standard and MS-70 was something you could only fantasize about. Now that they have grade inflated up to MS-70 what's next? The invention of MS-70+ or are they going to go the Spinal Tap route ("up to eleven" knobs) and start grading MS-71s?
The day that PCGS began handing out ms-70 like the other grading companies is the day I started selling off my PCGS coins.
I have 9 - MS69 ASE left from what was once a (tied for) first place registry set. When silver returns to $30+ they will be on ebay.

No graded coins for me ever, ever again.
 

Starter

Silver Member
Silver Miner
Joined
Jan 31, 2013
Messages
770
Likes
126
Anyone remember the day when PCGS rarely gave out MS-69s? Then MS-69 became the standard and MS-70 was something you could only fantasize about. Now that they have grade inflated up to MS-70 what's next? The invention of MS-70+ or are they going to go the Spinal Tap route ("up to eleven" knobs) and start grading MS-71s?
This is especially true for coins bought from the Mint in the last few years.

Although it may reflect lower grading standards, it may also reflect increased quality in the manufacturing process of the coins, as technology and processes improve.

I think this is one reason to be open to purchasing MS 69 coins, if their price is low enough compared to MS 70--the baseball HOF coins being a great example.

Looks like this won't be happening, and that the low prices were the result of bidders just beginning to take notice of the new deals available with this dealer.

Yesterday the MS 69 gold coin moved up from 357 to 376, and the PF 69 one moved up from 357 to 382, as more bidders rushed in to take part in the action...

The price of a PF 69 gold coin reached a more normal level of 397 yesterday, almost eliminating the discount enjoyed by buying from this dealer (in the 2-3 week discovery period for this dealer's release of the 69 gold coins)...

http://www.ebay.com/itm/2014-W-5-Go...925808?hash=item36077de7b0:g:95EAAOSwbsBXpP5a


I'll be looking at this dealer again from time to time, but for now it's time to move on...