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 Replies: 72 / Views: 10,497 |
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Pillar of the Community
United States
1200 Posts |
Mullen---The fact that bullion is bullion is obvious. So is the fact that bullion coins aren't proof or MS70 coins. You got both of those things right.
However, those facts don't prohibit bullion buyers from having any standards or expectations whatsoever when it comes to new bullion coins. If you choose to have no standards
or expectations, that's your choice but you so choosing doesn't mandate that everybody else has to be without standards or expectations because that's how you think.
Almost all of us are very accepting and understanding when it comes to limited and understandable flaws in bullion coins, but a lot of us also feel that horrendous rim dings and
surface scratches that look like they were caused by artillery fire just aren't acceptable.
Anybody who wants to can buy circulated secondary silver bullion at a LCS for +/-$2 >spot. When it comes to paying $3 or more >spot (plus shipping) for mint-fresh new bullion,
prudent buyers start to have some expectations and bullion coins/rounds that look like they've been through a war (on the losing side) sometimes just don't make the grade.
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Valued Member
United States
261 Posts |
I bought one of each.
The walking dead coin came back looking like it was struck with a very worn die.
The morgue anne coin came back in good shape.
Both have very weak rims
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Bedrock of the Community
13014 Posts |
Quote:
1 ounce of bullion in perfect ms70 grade is going to be valued the same as a coin of lesser eye appeal/dings and or scratches. The market disagrees with that as the graded 70s do have a premium but I get what you were saying. Quote:
but a lot of us also feel that horrendous rim dings and
surface scratches that look like they were caused by artillery fire just aren't acceptable.  If you want to sell it for spot you can scrub your driveway with it if you want, but if youre charging a premium my standards go up. The higher the premium the better quality I expect as well |
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Pillar of the Community
United States
3670 Posts |
Nasty Nick the Vampire is the most sought after Garbage pail kid and has sold for 100 to 150 or so alone.... That is one neat cool series and flashback to middle school days.... I never have jumped on grenade yet and bought a book of them, but they sale in complete sets aroun 150 up to about 400 on ebay or so depending on many variables, via new seires, old series, amount in collection or compete series or not, etc.... Edited by Silverhawk74
10/07/2013 02:00 am
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Pillar of the Community
United States
3670 Posts |
Edited by Silverhawk74
10/07/2013 02:18 am
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Pillar of the Community
United States
899 Posts |
" If you want to sell it for spot you can scrub your driveway with it if you want, but if youre charging a premium my standards go up. The higher the premium the better quality I expect as well"
Ok - I get that.
I paid some thing like $2 over spot for 4 of the Morgue Anne silver coins. I had no coin with rim dings and each one is cleanly pressed. I purchased 6 of the Silver Walkers in this series earlier and every one of them is also clean as well as the 6 copper coins I bought... All I read here was a post calling them questionable quality and haven't seen anything to support that claim.
These are nice bullion coins - selling very close to spot and I've not gotten a bad coin in the set so far - so I question the statement the quality is suspect.
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Pillar of the Community
United States
1200 Posts |
Doug--Looking at a grand total of 16 rounds isn't an extensive survey. Your 16 rounds may have been acceptable while those shipped to others weren't in nearly as good condition. There's a report of weakly-struck rounds just four posts before yours. The only thing your 16 rounds prove is that you were fortunate. I bought a tube of CSM's once and not even one of them had any milk spots or mint/transit damage, which proves that the most absolutely unimaginable things can occasionally happen. RCM nonetheless continues to hold first place in producing milk-spotted and mint/transit-damaged coins. |
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Pillar of the Community
United States
899 Posts |
Fat Freddy - I have 16 very nice rounds. My sampling so far is better than a post that indicates he had a poorly stamped round, and weak rims. So far that is the sampling posted and doesn't support the questionable quality post. On the other hand your correct - a broad sampling of coins as you note is supportive of questioable quality in regards to the RCM coins - and you were lucky. |
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Bedrock of the Community
13014 Posts |
Doug I wasnt disagreeing with you I was just speaking generally about bullion quality.
Im sure these are just like every other private round, most are good with a couple bad batches mixed in.
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Pillar of the Community
United States
899 Posts |
basebal - I understand your point. I just was pushing back on the generalizing of poor quality on this bullion with no real supporting information. These are actually low priced and so far I haven't seen any reason not to buy them, but even if I do get a clinker in the batch it isn't like they are being sold at high premiums. I buy these as conversation pieces and not much more. I see blank 1 oz. silver rounds selling for more than these.
My grand daughter got a kick out of the Morgue Anne - liked it better than the Walker because of the details such as the bone/teeth showing etc... so they work for me! :)
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Bedrock of the Community
13014 Posts |
Doug I agree. I dont think any quality issues is unique to them and the premiums are very reasonable. I dont expect a terrible coin but at the same time dont expect it to look like a W ASE either. If anything these probably suffer from unrealistic expectations from being used to super high quality mint rounds. I got the silver bullet bullion rounds for the same reasons you mentioned, a nice conversation piece and because I like it. As long as youre happy with it thats all that really matters |
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New Member
United States
16 Posts |
I love the look of these coins. I thought the quality was fine. I gave some out to family and friends and they loved them. With the whole zombie craze they make a fun present. Now if you want ridiculous look at the prices for them on ebay... |
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Pillar of the Community
United States
3843 Posts |
Anybody else seen the new Zombucks ZomBuffalo by Provident?
Not that I'm rushing out there to purchase one but I have to admit that they do look pretty cool!
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Pillar of the Community
United States
1037 Posts |
I have seen pictures of he new Zombucks ZomBuffalo and it is true to the series. I'll be getting one with my next Provident purchase.
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Pillar of the Community
United States
4333 Posts |
All my Zombucks have been great quality so far, I have been buying 10 ea, and will continue with the Zombuff.
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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Replies: 72 / Views: 10,497 |
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Posted 10/06/2013 10:43 pm
