I've seen about 20 of these unboxings and what I've noticed is that everyone of them has either been 3 silver eagles combination of proof and ms or 2 eagles and a $5 gold eagle except the 2 channels that I saw heavily promoted them so with the average being about $300 in value so these aren't investments but house wins gambling boxes in my opinion, investment of $600 should get close to that and the average is about half borderline scummy
My box weighed 323.184 grams and I tested it with a Garrett Pro metal detector. One end was 10 points higher than the other. Ended up having 2 silver eagles & 1 $5 gold coin.
hmm, weird how in the official PWCC unboxing video that they just casually pull out a full ounce gold proof AGE and just keep non-nonchalant talking about the specifications of the coin. Maybe if these boxes were $300 instead of $600 then maybe I would be less mad but this is just obvious bait and switch at this point.
I feel like NGC is cheapening or at least discrediting their brand with this. The concept is fine, but not for an investment. There's already "mystery boxes" on ebay, but no one looked at those as an investment. If we're using a grading service to judge investment grade coins, do we want them also involved in what amounts to be glorified betting?
This was fun! Thanks for taking the shot to do this. However, Mike, an ounce of gold does not weigh more than an ounce of silver. An ounce of gold may be a smaller mass, but it weighs the same. It reminds me of the old Riddle. Which weighs more, a pound of feathers, or a pound of nails? Thanks guys!
Both are correct.. 1 Oz of gold weighs the same as 1 oz of silver. However, 1 oz gold "Coin" compared to 1 oz Silver "coin", depending on the metal content: 90% or 999 or 9999 fine, or Morgan/Peace dollar .. Yada Yada you get it..
@@TheCoinShow Pedicure? Seems to me almost anyone who bought one (or in you case FOUR of these), lost a few TOES! Was your excitement more or less thrilling than playing Black Jack in Vegas where you need a card less than a 6 for a 5 card Charlie?....BUT Your video DID keep your viewer interested, and got you a thumbs up!
NGC just sent me back to PCGS. This short-term profit-taking signals me they must be struggling. Especially with trying to twist the grading scale. Did they just undergo a management change or something? As more video unboxings come out someone will compile enough data to piss a lot of people off. No more greedy NGC - ever. How else are they padding their bottom line I wonder? THX 4 taking the hit for the rest of us, it is what I feared but expected. For those paying up on eBay - really? LOL I am a buyer@ $100
This wasn’t NGCs concept. A separate company is doing this. They just hired NGC to grade and package them. A separate company is handling it. All NGCs making is the grading fees basically.
Not quite. A gold eagle is 10% heavier than a silver eagle because gold eagles are made of 90% gold and the silver eagles are made of 99.9% silver. The gold eagles actually weigh 1.1 oz but contain 1 oz of pure gold. The rest is 1/10 oz of copper.
@@TheCoinShow Yes; sorry...my mind went to the other standard 1 oz gold coins (99.99%) from other mints and I forgot that the American Gold Eagle is 91.67% of the 33.93 grams and the rest is silver and copper.....Thanks.