Ms70

[calandlew1]

Hi everyone,  im looking at collecting ms70 coins for retirement / pass onto kids in 30 years,  not looking to flip for decades,  would this quality be a good investment or would I potentially lose alot with ms70 and should stick to bu?  Regards Chris 

[Danny-boy]

Your guess is as good as anybody else's mate, none of us have a crystal ball.

Personally, I'd say bullion at the lowest price possible would be a better thing to pass onto your kids.

I can just imagine your kids going into a "cash for silver" place and getting 90% of spot for your collection of MS70's.

[calandlew1]

May be worth just putting the money into the Royal Mint Bullion account then @Danny-boy lol? 

[Danny-boy]

May be worth just putting the money into the Royal Mint Bullion account then @Danny-boy lol? 

You asked an opinion and I gave you one, my one.

MS70, in most cases, in my opinion are not a good investment. I said most cases.

Rewind 20 years, I know which I'd have preferred to inherit.

[calandlew1]

@Danny-boy completely appreciate your opinion,  hope you haven't misconstrued my reply, appreciate all advice from people doing this alot longer than myself mate. Chris 

[Danny-boy]

Not at all Chris, enjoying the discussion.

I had a thing for slabbed coins at one time, but I ended up "freeing" them all.

If you have to go for MS70, then go for pandas and lunars. Everything else is a bit pointless in my opinion.

[calandlew1]

Trouble Is I have ocd and would only collect ms70 coins in a series I can finish, and I've seen some of the pandas ms70 going for £200+ which is out of my price range.  Just like the idea of owning some Perfect condition coins.

[4Nines7Hills]

if you must gets full set without the the high expense of older designs don't collect 1oz pandas collect 30g pandas only.

[Danny-boy]

Trouble Is I have ocd and would only collect ms70 coins in a series I can finish, and I've seen some of the pandas ms70 going for £200+ which is out of my price range.  Just like the idea of owning some Perfect condition coins.

I understand.

In which case, you need to go for new issues only.

It's more of a gamble, but the rewards may be good.

Don't backdate any ms70 run other than pandas though, you'll be on a hiding to nothing.

[calandlew1]

Hi @4Nines7Hills does that mean from 2016 all pandas will be 30g from now on?  Not up on pandas? Chris 

[Roy]

IIRC, you are the guy with the drawing talent?

My suggestion would be to have your drawings professionally produced and framed.

If I were a child, I'd much rather receive my daddy's pictures than some coins wrapped in plastic.Maybe? 

[Danny-boy]

If I were a child, I'd much rather receive my daddy's pictures than some coins wrapped in plastic.Maybe? 

Lol.

I'm a mercenary sod, I'd rather have precious metals [emoji1]

Hi @4Nines7Hills does that mean from 2016 all pandas will be 30g from now on?  Not up on pandas? Chris 

Nobody knows, but I'd put money on them being 30g from now on.

[4Nines7Hills]

1 minute ago, calandlew1 said:

Hi @4Nines7Hills does that mean from 2016 all pandas will be 30g from now on?  Not up on pandas? Chris 

yes all futures pandas will be 30g the Chinese like the metric system

[calandlew1]

If I pick one of the 2016 silver pandas up is they're one better than the others please? 

[Danny-boy]

Any would be fine.

Early releases, first *** struck is all a load of rubbish, it's just the fact they were graded first.

If I was going to do it, I'd just go for NGC standard MS70.

[calandlew1]

Thanks @Danny-boy had to ask as I didn't know if the different labels or backing had an impact on increasing or decreasing value. Chris 

[4Nines7Hills]

yes early release and first strike don't really mean anything, when  grading if you ask for one with a panda on thelabel it costs a few dollars more not sure if it increases the price but looks better IMO

[Scuzzle]

I have a few Pandas and I was going to get more but I've noticed many on Ebay some of them even just a few years old developing milk spots inside the slabbing so that's making me think I should knock it on the head as it would really hack me off if mine went the same way.

[calandlew1]

I've heard different things regarding slabbed coins and stopping milk spots,  some say it stops it some say it doesn't,  is tithe container the coin is in or the actual metal? 

[Scuzzle]

From what I can gather the tiny amount of air in the slab is still enough for milk spots to develop, it's making me consider switching to 3g Gold Pandas instead.

[HawkHybrid]

it's a gamble, milk spot free coins will likely make higher

prices. educating your kids on how to deal with whatever

you end up leaving them is one of the best investments.

slabs do not stop milk spots.(some slabbed coins develop

milk spots)

 

HH

[calandlew1]

Would it help if a slab was vacuum sealed?