Are MS70 and PR70 coins better than gold and silver bullion coins?
People buy gold and silver bullion coins for different reasons than they buy collectibles. However, there is room in a collection or portfolio for gold or silver bullion and high end perfect 70 collector coins. One thing is true – most certified collector coins that now sell for $10,000 or even $50,000 could once have been bought for less than $1,000 and even for a few hundred dollars, whereas bullion coins will only ever be worth their weight in gold or silver. Take the 1999 silver eagle for example, we can offer them to bullion buyers for around $25 each. The same 1999 silver eagle certified in the highest grade MS70 by NGC lists for $6,250 because only 76 coins have attained that perfect grade.
