2017 NGC graded Silver Swans

Started by cosmo, April 27, 2017, 07:28:31 AM

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cosmo

Modern Coin Mart have NGC graded 2017 1 oz Perth Mint silver Swans for sale
MS 69 $79.00  US?
MS 70  $ 149.00 US?
On YouTube by Silver Wolverine 26th April 2017
The Perth Mint products appear to be very popular in america I would expect that most all of the 1 oz 2017 Silver Swans would grade Ms 69 or 70
regards to all
cosmo

trout

It is my opinion that all these graded bullion coins will struggle to hold their value even if they grade at MS70.
When the dust settles there will be hundreds if not thousands of these graded at MS70 and with a huge percentage making MS69 so they will NOT be a rarity at all But just another high grade bullion round that will be flooding the market eventually.
With the premium over spot when the rounds are bought and the added expense of getting it graded these are a very expensive way of "Stacking" Silver that at the end of the day will probably only sell for "Melt" anyway.:angel:
Aim well to enjoy life. You only get One shot at it.
Illegitimi non carborundum

cosmo

Thanks for your reply, and I agree with you, the American collectors or stacker's  seem to like to grade bullion coins.
regards to all
cosmo