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GoldBullLion
Penny Sorter Member

 USA
32 Posts |
Posted - 07/21/2010 : 16:27:11
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Please let me know what you think about grading bullion coins. There is no need to grade contemporary gold bullion. These coins have only one purpose: to weigh a certain weight. I am a member of both NGC and PCGS. These companies are thriving on this certified coin craziness. My opinion is: unless the coin is perfect MS-70 or PR-70, all holders have to be destroyed. Since I don't have any holders left, I will destroy a proof gold bullion coins set. Please see this video. A Half ounce, Quarter ounce and 1/10th ounce Lion of Luzern gold coins from this video are for sale. Please PM your offers.
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http://www.youtube.com/watch?v=iYIwIKfLrGQ |
Edited by - GoldBullLion on 07/21/2010 20:41:25 |
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Neckro
1000+ Penny Miser Member
    

Saudi Arabia
2080 Posts |
Posted - 07/21/2010 : 16:50:59
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They probably thought the same about the Morgans, Peace, and the gold coins back in the day. Thinking it was just another coin. =O It all depends on the demand. |
Trolling is an art. |
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GoldBullLion
Penny Sorter Member


USA
32 Posts |
Posted - 07/21/2010 : 16:57:05
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Those are real coins. Of course surface preservation of Morgans and Peace dollars is very important. I am talking about Bullion coins that were minted just for their weight.quote: Originally posted by Neckro
They probably thought the same about the Morgans, Peace, and the gold coins back in the day. Thinking it was just another coin. =O It all depends on the demand.
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http://www.youtube.com/watch?v=iYIwIKfLrGQ |
Edited by - GoldBullLion on 07/21/2010 16:57:38 |
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AGgressive Metal
Administrator
    

USA
1937 Posts |
Posted - 07/21/2010 : 17:04:27
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I too only care about bullion, but regardless of its purpose, if it is a coin, someone will want to grade and collect it. |
And he that hath lyberte ought to kepe hit wel / For nothyng is better than lyberte / For lyberte shold not be wel sold for alle the gold and syluer of all the world. -Caxton's edition of Aesop's Fables, 1484 |
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AGgressive Metal
Administrator
    

USA
1937 Posts |
Posted - 07/21/2010 : 17:08:13
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NOOOOO! That set looked great! How barbaric!!! :(
I am partial to Swiss coins for some reason. |
And he that hath lyberte ought to kepe hit wel / For nothyng is better than lyberte / For lyberte shold not be wel sold for alle the gold and syluer of all the world. -Caxton's edition of Aesop's Fables, 1484 |
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PennySaved
1000+ Penny Miser Member
    

USA
1720 Posts |
Posted - 07/21/2010 : 17:29:18
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Isn't it easier to offload if you have them in a PCGS graded slab? That would give people more confidence they are getting a legit item. Personally, I would just leave them in there if I bought them that way. |
SELLING COPPER PENNIES 1.4X FACE SHIPPED......“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principles of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale” Thomas Jefferson |
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Ardent Listener
Administrator
    

USA
4841 Posts |
Posted - 07/21/2010 : 17:31:56
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quote: Originally posted by PennySaved
Isn't it easier to offload if you have them in a PCGS graded slab? That would give people more confidence they are getting a legit item. Personally, I would just leave them in there if I bought them that way.
My thoughts too. |
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Think positive. |
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slickeast
1000+ Penny Miser Member
    

USA
2533 Posts |
Posted - 07/21/2010 : 18:48:00
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What the buyer wants is more important than what you think or feel.
If you are collecting for your own personal collection and don't care about reselling, do as you wish. If you are looking to resale, leave them be. Let the buyer decide what they want to do. By removing it you just eliminated all the buyers that want graded slabbed coins. |
You don't have to be the BEST you just have to be.......SLICK
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beauanderos
1000+ Penny Miser Member
    

USA
2408 Posts |
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NotABigDeal
1000+ Penny Miser Member
    

USA
3890 Posts |
Posted - 07/21/2010 : 20:30:40
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I think you needed a bigger knife, hehe. Thank you for the videos you post. You are a welcome addition to the site. Keep up the videos comming!
Deal
p.s. They are your coins, do what you want with them. Heck I've always wanted to see a gold coin in cut in half.... |
Live free or die. Plain and simple.
"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your council or your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen." - Samuel Adams |
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argent_pur
Penny Sorter Member


78 Posts |
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TheJonasCollegeFund
Penny Collector Member
  

USA
381 Posts |
Posted - 07/21/2010 : 20:37:01
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Can't wait for your next video. Damn, I need a better digital camera. Maybe some gold too!
YOU THE MAN! |
MD Totals: Started Aug16th.(Updated Sept10th) 819 clad/cu coins/$41.13 Quarters-78 Dimes-122+1 silver roosie (1957) Nickels-81 (56d,53d) Copper Pennies-147 Zinc Pennies-386 Wheats-5 (36,36,46,46d,50d) |
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wolvesdad
1000+ Penny Miser Member
    

USA
2164 Posts |
Posted - 07/22/2010 : 06:26:55
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haha. you definetly walk to a different beat! |
"May your percentages ever increase!" |
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wayne1956
Penny Pincher Member
 

177 Posts |
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Fatboy
Penny Sorter Member


USA
81 Posts |
Posted - 07/22/2010 : 07:59:46
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While it may have not been quite as dramatic, why didn't you just use the screwdriver to remove the rest of the screw fasteners? |
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cesario
Penny Pincher Member
 

129 Posts |
Posted - 07/22/2010 : 10:20:47
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quote: Originally posted by Fatboy
While it may have not been quite as dramatic, why didn't you just use the screwdriver to remove the rest of the screw fasteners?
Where's the fun in that? |
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oober
1000+ Penny Miser Member
    

USA
1304 Posts |
Posted - 07/22/2010 : 10:45:28
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I will never pay a premium for graded bullion, but since I will sell it eventually I will keep it in it's holder for easier resale.
Nice video. |
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GoldBullLion
Penny Sorter Member


USA
32 Posts |
Posted - 07/22/2010 : 18:45:23
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It would be very plain to just unscrew it. It wouldn't be Barbaric!quote: Originally posted by cesario
quote: Originally posted by Fatboy
While it may have not been quite as dramatic, why didn't you just use the screwdriver to remove the rest of the screw fasteners?
Where's the fun in that?
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http://www.youtube.com/watch?v=iYIwIKfLrGQ |
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