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Posted 01/24/2012 02:03 am
Yeah, the bullion vs. uncirculated distinction can definitely can be confusing if you're not familiar with the product, and not just for buyers. Sellers get it wrong too (sometimes honestly even!) and that confusion just emphasizes the whole caveat emptor thing that we're always preaching about here. Or at least I am.
Do your research before you buy.
And to circle back to the original intent for this thread, I did end up buying NP-8. And now that silver is on the rise I think I'll buy NP-9 before they raise the price....at only $8.75/oz over spot.
Interestingly, that's almost exactly the premium we paid (in late April of 2011) for NP1 from the U.S. Mint.
Do your research before you buy.
And to circle back to the original intent for this thread, I did end up buying NP-8. And now that silver is on the rise I think I'll buy NP-9 before they raise the price....at only $8.75/oz over spot.
Interestingly, that's almost exactly the premium we paid (in late April of 2011) for NP1 from the U.S. Mint.
