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Are You A Bullion Collector?

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AJPM's Avatar
United States
35 Posts
 Posted 01/21/2016  2:50 pm  Show Profile   Bookmark this reply Add AJPM to your friends list Get a Link to this Reply
Considering picking up a few premium silver coins when I find them at good prices, just in case something takes off like key date pandas. Otherwise, I'm all about getting the most silver (or gold someday) for my buck.
Valued Member
fromms2244's Avatar
United States
461 Posts
 Posted 01/22/2016  3:11 pm  Show Profile   Bookmark this reply Add fromms2244 to your friends list Get a Link to this Reply
I have acquired some bullion over time... never really a bullion collector.
Pillar of the Community
Libertad's Avatar
Canada
3692 Posts
 Posted 01/22/2016  7:12 pm  Show Profile   Bookmark this reply Add Libertad to your friends list Get a Link to this Reply
I make my living from noble metals but I don't "collect" them as I once did. It's all industrial now, and metal is metal (.999) so I don't care that my bullion actually gets physically melted. I don't melt coins unless they are bullion, as I would never insert unknown alloys into my mix.
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vermontensium's Avatar
United States
16679 Posts
 Posted 01/22/2016  7:26 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
Ive got gold, silver, platinum, and rhodium.
swcoin.ecrater.com
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trout1105's Avatar
Australia
7096 Posts
 Posted 01/23/2016  1:14 pm  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply
I have several kilo's of "Junk Silver".
I don't think of it as bullion tho, To me it is an accumulation of old circulated silver coins that are pleasing to have

Also a large part of my collections could be considered as "Junk Silver"
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Wornslick's Avatar
United States
1304 Posts
 Posted 01/24/2016  7:37 pm  Show Profile   Bookmark this reply Add Wornslick to your friends list Get a Link to this Reply
I acquire Silver Eagles on a regular basis, and US coins for my SLQ's and Morgans to add to my collections.
Bedrock of the Community
Coinfrog's Avatar
United States
94367 Posts
 Posted 01/24/2016  8:26 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
I don't think "bullion" and "collecting" belong in the same sentence.

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GR58's Avatar
United States
11951 Posts
 Posted 01/24/2016  9:28 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
I would say yes.
Not sure what level I would fall into.

Maybe 50 1oz silver coins in my collection that
I have paid a premium for.
Valued Member
ShinyRock's Avatar
United States
56 Posts
 Posted 01/25/2016  7:06 pm  Show Profile   Bookmark this reply Add ShinyRock to your friends list Get a Link to this Reply
Definitely. I love bullion coins so much more than plain rounds.
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BamaBlue's Avatar
United States
624 Posts
 Posted 01/25/2016  8:43 pm  Show Profile   Bookmark this reply Add BamaBlue to your friends list Get a Link to this Reply
I think you're a bullion investor or a silver collector. Absolutley nothing better or worse about either. As an investor, you buy to get bullion as close to spot as possible. As a collector, you look for aesthetics, rarity, value above spot price. "Bullion Collector" is an oxymoron (IMHO).
Edited by BamaBlue
01/25/2016 8:45 pm
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sel_69l's Avatar
Australia
21788 Posts
 Posted 01/25/2016  9:11 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Bullion is not bullion if the collector is willing to pay a significant premium for a particular bar or round. He is a collector. Nothing wrong with that.

I am an accumulator of junk silver bought as part of job lots, that happen to have silver in them. In these cases I write the value of silver off, or at least a long way below spot value, when I am valuing the lot as a whole.

I have no specialist silver bars or rounds.
I do have a 1 ounce platinum koala, bought at spot +2%, many years ago.
Valued Member
RichieD613's Avatar
Canada
92 Posts
 Posted 01/25/2016  9:18 pm  Show Profile   Bookmark this reply Add RichieD613 to your friends list Get a Link to this Reply
I used to buy silver maples but now I rather just buy junk silver. why buy silver rounds with a premium when you can buy junk silver coins at below spot. But as long as you enjoy doing what you're doing thats what mathers.
Valued Member
Dith Pran's Avatar
United States
283 Posts
 Posted 01/25/2016  9:22 pm  Show Profile   Bookmark this reply Add Dith Pran to your friends list Get a Link to this Reply
I collect bullion coins from all over the world. Not into it as much as I used to be, but I've got a bit of a collection going. It's a bad time for me to have lost interest considering the affordability of silver at the moment.
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AJPM's Avatar
United States
35 Posts
 Posted 02/01/2016  4:35 pm  Show Profile   Bookmark this reply Add AJPM to your friends list Get a Link to this Reply
RichieD613, I think your math is off. Junk silver has a similar premium to maples. At 12.25 x face, you are paying more than $17 per ounce of silver.

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SilverSaving's Avatar
United States
17 Posts
 Posted 03/20/2016  1:44 pm  Show Profile   Bookmark this reply Add SilverSaving to your friends list Get a Link to this Reply
Yep, that's me.
Pandas, Kookaburras, Lunar Series, Elephants, Libertads. I love my bullion silver coins in their many sizes and strikes.
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