Bee Hive.. The Neglected Coin Of The April 2013 Issue

lot's of buzz around this coin... couldn't resist

It's not just neglected...It's the ugliest looking coin I've ever seen.

Bought one from RCM just to see why they think the price tag is justified....it's literally an ugly looking sticker of a bee plastered onto a 1/4 silver coin...

It's going right back.....worst coin ever!!

The design isn't that nice and it's quite pricey. But if the next coins in the series turn out to be nice, people may come back to buy it to complete the series.

I hope they sell for 30$ on ebay, I would grab one for that price :) Well, actually, I will wait till the whole series is out and then try to get them for 30$ a piece :P

My other hobby is golf... I wonder what most people would think of costs spent on green fees, golf balls, cart rentals and tipping the beer cart girl, using the same aforementioned logic applied to this coin. There is zero financial return on my purchase - but I don't care...

My philosophy is that it is my money, and I spend it as I want it, for my own enjoyment. Once a coin enters my collection, it is absolutely worthless in value - because I do not intend to sell it. I could care less about the investment value to those who inherit it - after all, it will cost them nothing to acquire it...

Do you apply the same logic to purchasing a 25-year single malt scotch, or buying a $100 bottle of wine at a nice Italian restaurant? If people like the coin, then I am perfectly fine with that. Generally, those who "buy into the hype" are applying a different logic... and some lessons are best learned the hard way.

I don't think you can use the same logic as a luxury item for this coin. Luxury items bring pleasure while used and while a bottle of $100 wine may taste good during dinner the reality is that it may only cost $15 to $20 retail at a liquor store. If you buy something for your enjoyment shouldn't you be able to enjoy it. If you buy this coin and don't like it or end up storing out of view isn't its value lost them. Collecting just to collect something that exists, well makes no sense to me.

But them again I have the same argument with my wife when she buys cut flowers that die less than a week later. I try to convince her to buy live plants that will bring enjoyment for a long time. I guess my brain is just wired different. Wasting money makes no sense to me.

I don't even think about the cost of a coin when its in my box at home, the only time cost is considered is during its purchase. I give my self a budget every month to play with and I have to admit I spend a fair amount on coins and they are not my biggest expense, try having a sports car and a racing addiction
A set of race tires for my car is around $1500 they are good for two days.
NOT a good investment but oh so much fun
That being said I am cutting my coin collection down, at least I will try to lol
This bee coin is one I will not be buying, it has no place in my collection
If It was a quarter or dollar/loon I would buy in an instant though.
I think the cost is right in line with everything I've bought this year, very middle of the road pricing.
You can't go by the amount of silver, nickel, copper or gold these are little round pieces of art, not bullion or currency.

Why don't we continue this conversation a year from now. Let see what happens when all they hype over this coin and the current release dies down. Let see what happens when this coin becomes orphaned in your collections. Lets see if there is as much love for it then and if people second guess their decisions to buy this coin.

Here is the thing, I respect anybody's decision to do what they want with their money be it stupid or intelligent. God knows I've made some stupid decision in my past. Some I look back on with great pleasure and some I regret to this day. But when it comes to this coin if people are buying it as an investment that's a huge mistake. If people are buying it because all mint products are selling out they are making a mistake. There are many reasons to buy anything but I personally don`t see any reason to buy this coin. Lets see what people think a year from now. I`m now saying we should stop talking about this subject, I`m just saying lets resurrect this subject a year from now and see if anything has changed.