Commemoratives Coins Vs Bullion Coins

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Author	Replies: 5 / Views: 1,578
uwo New Member Canada 22 Posts	Posted 01/26/2013 10:45 pm Hi! Everyone, I recently bought a few RCM commemoratives coins in a pawn shop: 1999 year of rabbit, 2001 year of snake, 1999 Macau, 2000, transportation- the Toronto. I paid only $40 each and they are all one oz silver. I also bought a few maple leaf coins with privy marks and I paid more than $45 each. So, do you think I should spend money on those cheap commemoratives coins or bullion coins? Thanks for reading my posting! Report this Post to the Staff

taro-chan Valued Member Canada 373 Posts	Posted 01/26/2013 10:56 pm Good prices. I would since you are paying 8-9 over spot... Report this Post to the Staff
DNA Pillar of the Community United States 2734 Posts	Posted 01/26/2013 11:16 pm Nothing wrong with silver that's pretty and cheap! Report this Post to the Staff
commems CCF Master Historian of USA Commemoratives United States 12274 Posts	Posted 01/27/2013 10:56 am I think it comes down to why you are buying the coins. If purely to invest in silver, I would seek out silver Maple Leaf bullion coins (without privy marks) as they should be able to be purchased for just a few dollars over the spot price of silver. Regular issue SMLs are also very easy to liquidate when you choose to sell. If you are looking to start and build an attractive coin collection comprised of silver coins, then purchasing commemorative coins that you like and/or special edition SMLs with privy marks would yield the most varied and interesting collection. As you have experienced, many older commemorative coins can be purchased for around the value of the silver they contain. This is generally due to the fact that there isn't strong collector demand for many of the issues. Collector coins without much demand are unlikely to appreciate much in value beyond increases in the value of the silver they contain. Collecting history one coin or medal at a time! (c) commems. All rights reserved. Report this Post to the Staff
Anjohl Pillar of the Community Canada 815 Posts	Posted 01/28/2013 03:35 am I actually need the two zodiac coins you have for my set, if you are interested in trading/selling. LMK. Regarding buying advice, are you a collector or an investor? That is the most important question to ask up front. You can mix work and play, but only for so long, and so much. Report this Post to the Staff
cfrp New Member Canada 13 Posts	Posted 01/28/2013 09:29 am Nice price on the zodiacs. I was just looking for that snake year too... Report this Post to the Staff
	Replies: 5 / Views: 1,578

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