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 Replies: 52 / Views: 12,817 |
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Pillar of the Community
 United Kingdom
616 Posts |
Okay, Ihate2wait owes me some money for posting that picture of the 2003 Britannia. It is such a beautiful coin that I wanted one ever since I saw it. And now I pulled the trigger and got my 2003 Britannia but it wasn't cheap. So I expect he will reimburse me the difference between what I paid and spot.  Edited by starbuxinvestor
08/30/2012 4:37 pm
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Pillar of the Community
United Kingdom
616 Posts |
Does anyone know how badly the 2012 will tarnish since it is not .999
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Pillar of the Community
United States
4008 Posts |
Quote:So I expect he will reimburse me the difference between what I paid and spot. No doubt... the check is in the mail!  Quote:
Does anyone know how badly the 2012 will tarnish since it is not .999 I don't know. Does tarnish ability increase or decrease with silver content? It just might tarnish about the same. |
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Pillar of the Community
United Kingdom
2624 Posts |
Tarnihing houldnt make any difference really (usually the tarnish is silver oxide the reaction is with the silver not with any constituent mixed in with it) some older English coins had manganese in the mix which goe black with circulation but that was a long time ago.
Is nobody going to comment on the Britania 9 coin box set that I posted photo's of in page 1, interested in your opinions £500 for 4.5oz seems steep even if it is limited to 2200 issue limit.
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Pillar of the Community
United Kingdom
616 Posts |
You said 4.5 ounces of silver so are they 1/2 ounce coins?
Edited by starbuxinvestor
08/30/2012 6:45 pm
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Valued Member
United States
376 Posts |
David I don't feel like converting £500 to USD right now to figure out if its a good deal or not  Very nice set though. I wish I could bring my self to spend a little more on coins like that. I am thinking of purchasing the 2012 this week though. |
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Pillar of the Community
Canada
1411 Posts |
@Colu
Approximation $800
Edited by Windchild
08/30/2012 8:55 pm
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Valued Member
United States
376 Posts |
so approximately $177 an oz
um.....
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Pillar of the Community
United States
808 Posts |
That's a lot of "numismatic" premium to ask even for the most die-hard collector. Beautiful? Yes. But at that price I'd have to pass.
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Bedrock of the Community
Australia
21786 Posts |
The problem with non pure silver bullion is that if a refiner wants to recover the silver, a cost has to be met to do that.
Fairly moot point, really, because there is still one ounce of pure silver equivalent, and that is what you should be paying for.
Two things come out of this:
1. The coin is unlikely to be melted, because of the extra cost, and
2. Because it is unlikely to be melted, it's chances of survival in future centuries is likely to be greater.
The amount of tarnish will not be affected all that much.
Silver will tarnish
Copper will tarnish
Almost pure silver / cppper will tarnish.
If you want to slow down the tarnish rate, put it in a clear screw capsule.
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Pillar of the Community
United States
4008 Posts |
Quote:
...usually the tarnish is silver oxide the reaction is with the silver not with any constituent mixed in with it... Yes, I know. I also know that mixing small amounts of other metals and even non-metals with the starting metal can produce an alloy that can be substantially different in any number of physical ways from the starting metal. Adding chromium and carbon to iron, for example, produces stainless steel, which is very resistant to rusting, unlike the original iron. In any case, silver tarnish can be reduced or even eliminated with some effort. This is usually done via storing the silver in something that excludes ambient air from touching the silver. A small piece of an anti-tarnish cloth can also be added to the container holding the silver. If a plastic coin tube is used, using vinyl tape around the joint between the lid and the body of the tube will help limit the amount of air that can get to the silver. Storing silver in an air-free environment, such as under dry nitrogen, would completely eliminate tarnish if a good air-tight seal could be maintained. |
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Pillar of the Community
United Kingdom
2624 Posts |
[IA] I guess you are right too about a mix can effect the properties, I was just thinking with 90%+ silver items the 10% would likely not effect it much. The other part you are definately correct though, its all about adequate storage avoiding moisture/air.
And yes sorry I missed that question before... they are half-ouncers in that set.
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Rest in Peace
 United States
1380 Posts |
oih82w8, I loved the 2003 so much I got this 2006 version, even though I don't usually have any interest in the gilded coins.  |
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Bedrock of the Community
13014 Posts |
Out of curiosity does anyone know why the premium on these is so high? And I assume most of the APMEX listed ones are a bullion version or do they just have better prices on these? |
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Rest in Peace
United States
1380 Posts |
Up until next year, they weren't really trying for the bullion market, these were more numismatic versions than bullion. Limited mintages of 100,000 each, but that's miniscule next to ASE's and Maples. |
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Replies: 52 / Views: 12,817 |
First Page
Posted 08/30/2012 4:57 pm
