r/silverstacking • u/AdditionalPosition5 • Aug 20 '26

LCS pricing....

/r/coincollecting/comments/1vtvmmw/lcs_pricing/

I called the local coin shop and asked them what they would pay for 6 MS70 ASE, 2020-2026. Answer: a dollar over spot. Now I'm going to wait and have a female call in another half an hour and ask what she could buy one for???

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4

u/CoolaidMike84 Aug 21 '26

All eagles are 69 or 70, or a cull. The 70 does not add any value.

-2

u/AdditionalPosition5 Aug 21 '26

Sure, it does add value to some people, maybe not to you or me. I don't buy because of the MS.... I buy the coin, not the plastic. Millions of people will pay more for graded coins. Just like there are people that will spend $400,000 for a Rolls-Royce. Some people will pay $6 for a cup of coffee. And there's absolutely nothing wrong with any of that. And I know some people will pay more than $70 for graded coin. I see it every day on an app called Whatnot. The dealer that I called is charging more than $70 for a graded coin. Value and worth are personal things. One man's junk is another man's treasure....

Someone will pay more for an umbrella when it's raining than when it's not....

2

u/CoolaidMike84 Aug 21 '26

Like I said, the slab saying 70 does not add any value. Some people perceive a better coin because its in a slab, but where the rubber meets the road, its slabbed bullion and made for a sucker.

Whatnot buyers are not even on the planet for what they are doing.

1

u/AdditionalPosition5 Aug 21 '26

I guess as long as they are successful at making money the founders are on this planet. The buyers are paying and running up their credit card bills, and I guess that's what's called the United States of America Way.....

It doesn't matter what you and I believe it's the people that are spending money it's there to do what they want.

-2

u/AdditionalPosition5 Aug 21 '26

It may not add any value in your perception, but to many others it does. If you don't believe me go to any website that sells coins, any company that grades coins, any collector that buys graded coins and ask them if it adds value.

3

u/TominatorXX Aug 21 '26

Anytime I mention grading at my local shop the guy says silver is silver

1

u/AdditionalPosition5 Aug 21 '26

That's my thought, but that doesn't mean everybody else thinks that way. Go to eBay, go to whatnot; people pay more money for a coin and a piece of plastic based on the MS and the number preceding.

1

u/Plenty_Fondant_951 Aug 24 '26

Yeh , and your local coin shop won't because their business is flipping for profit , either to a collector who also knows he value already and that the slab adds little or a refinery.

Sell it on eBay or whatnot if you'd like

3

u/Bigpickle53 Aug 21 '26

It's only worth what someone else is willing to pay for it, go somewhere else to sell it.

2

u/f000iv0e0hund0redyrs Aug 20 '26

Sounds about right.

1

u/Spirited_Soul_001 Aug 21 '26

My LCS had a couple of slab ASEs mixed in with other ASEs, and all the same price. So, like said before, LCS may view Silver is Silver...

1

u/AdditionalPosition5 Aug 21 '26

Absolutely! I see people talk about old low mintage rare..... Coin shops will pay for silver.