charlie 63

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  1. The first thing to know is how coins are made , what process they go through and quality control. With that in mind, understand the US Mint strives to produce even quality coins from the first to the last. This was not always the case but is the norm now. So with laser etching and powerful presses and a quality control program they now produce tons of mint 70 and proof 70 coins. Enter the LABEL . First strike , early strike birth set etc... these coins were struck at the Westpoint mint but no mint mark... It does not mater! Why pay a premium for a coin that is unidentifiable without a label? You take a bunch of identical coins and put them in different packages and that makes them worth 20% more? Almost as obnoxious as a CAC label , paying a premium to grade the grade! Now that is a slap in the face to NGC. I can understand on a real expensive coin you might feel its worth to have a second grade of the already heavily scrutinized grading , that may be worth a CAC label . But without any other difference to a coin than a solid mint mark, why bother. With the exception of a signature. I can buy a set of ms 69 ASE dollars for 2 thousand $ or a set of ms 70 for 20 thousand $... So what happens when my 20k set develops milk spots 5 years from now? Bottom line buy the coin not the label!
  2. I am always late to the party. This is awesome news! I suppose I will have to retract my scathing review when pcgs was tossed out. A few good things came about, 1st , most of my pcgs coins were sold and upgraded to NGC and most importantly , now I can fill a few holes that are available in pcgs but ridiculously overpriced in ngc! Thanks again !
  3. both very valid comments. I have allways just collected ms 69 coins solely for the costs. Greed I would say drives me to buy the 70's. The resale value on these coins is ridiculous. All for not tho cause I can never sell my coins!
  4. I have recently started upgrading my ASE collection to proof and MS 70. One of my purchases has a tiny speck on it . It is a graded proof 70 coin by NGC , my question is, does milk spots change the grade of a coin if it occurs after the grade has been determined? This will have serious ramifications if it indeed does lower an existing grade! What would be the purpose of collecting ms or proof 70 coins if after a period of time they are rendered worthless because of the minting process?