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10oz Coin Or 10oz Bar

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Author Previous TopicReplies: 28 / Views: 3,685Next Topic Page 2 of 2
Pillar of the Community
United States
808 Posts
 Posted 06/19/2012  9:22 pm  Show Profile   Bookmark this reply Add coinwatch to your friends list
For someone very early into building their stack, I'd still go with individual 1 t oz coins despite the higher per ounce cost. If your interests change, it's easy to sell off a few Koalas (or whatever) and get something else. With the big bar or coin, it's all or nothing...and that's not a fun selling decision to have to make. That said, the big bars are very VERY cool. And the 10 oz coins I've seen make a real impression! Bottom line, follow your heart and buy what'll make you happy. That's all that matters anyway!
Edited by coinwatch
06/19/2012 9:25 pm
Valued Member
United States
88 Posts
 Posted 06/20/2012  10:51 am  Show Profile   Bookmark this reply Add tmaring to your friends list
Anything I buy has to either go into the roller or the melt-pot. The flatter ones (JM, Silvertowne, Englehard etc but NOT A-mark or hand-poured) 10 oz bars roll out quite nicely and save me one round of melting. 10 oz rounds or larger bars have to be chopped up to fit in the crucible... more work for no return. The round shapes roll out oblong, which makes punching blanks awkward and increases the percentage of waste that just has to be remelted.
Pillar of the Community
Canada
1731 Posts
 Posted 06/22/2012  12:50 pm  Show Profile   Bookmark this reply Add coincollect1 to your friends list
I think I'm going to order a 10oz Kookaburra for $330 shipped. Is that a good price? My local store sells them for $350 Thanks
Pillar of the Community
Canada
1731 Posts
 Posted 06/22/2012  12:53 pm  Show Profile   Bookmark this reply Add coincollect1 to your friends list
Also they have a the 10oz dragon coin. Which one will be better for re sale? Kookaburra, koala or dragon Thanks
Pillar of the Community
Canada
1731 Posts
 Posted 06/22/2012  4:06 pm  Show Profile   Bookmark this reply Add coincollect1 to your friends list
anyone? thanks
Pillar of the Community
Canada
4944 Posts
 Posted 06/26/2012  12:28 am  Show Profile   Bookmark this reply Add Canadian-Banknotes to your friends list
In my opinion, with silver well below $30 right now I think the price is a bit high. However, with coins like this, there is always a premium on them, so I think you would be able to recoup most of the cost when you decide you want to sell it.

Looking at ebay's completed listings, a 2012 10oz Kookaburra sold for $489.99 on May 11th.
http://www.ebay.com/itm/2012-Austra...t_500wt_1182

I would personally stick with a Kookaburra or Koala, because they have been around for a long time, and always command a premium. I think all of the Dragon coins are just a phase that people are in right now, and the premiums won't last, in my opinion anyway.

Hope this helps, CC.
Pillar of the Community
Canada
4944 Posts
 Posted 06/26/2012  12:29 am  Show Profile   Bookmark this reply Add Canadian-Banknotes to your friends list
Are you buying this coin from SilverGoldBull? They have them for $319. I don't know what shipping costs, but I assume it is one of the cheapest around, considering they are also in Canada.
Pillar of the Community
Canada
1731 Posts
 Posted 06/26/2012  4:04 pm  Show Profile   Bookmark this reply Add coincollect1 to your friends list
Ahh, too late now. Silver went up :( but I might be able to get one from my dealer. Thanks banknotes
Pillar of the Community
1283 Posts
 Posted 06/26/2012  4:33 pm  Show Profile   Bookmark this reply Add throwbackid to your friends list
I REALLY don't like these monster coins. I have only recently started to think of doing an ATB 5 oz set, have maybe 6/11 so far released. The only reason for ATB set is because I fancy myself a patriot in my own mind and it seems like I must buy almost anything the US Mint puts out, esp. anything silver.

That being said I would be on the lookout for a nice brand name 10 oz bar, maybe even and old poured Engelhard or JM. You will pay a bit more then you probably think you should but don't sweat a couple dollars. In the scheme of life whats an extra $20 on a bar silver you plan on holding for 25 years?

Pillar of the Community
Canada
1723 Posts
 Posted 06/26/2012  6:40 pm  Show Profile   Bookmark this reply Add samsnate to your friends list
10oz 2012 kook coins. $ 314 cad plus $20 for shipping. Silver gold bull. I just bought a 10oz ntr bar from them today when spot hit 26.90usd. Total cost was 314.58 cad shipped. I looked at nice collector bullion too but decided I would save those for the 1oz and just tried to get the best price for a 10oz er. I would say do the bar.
Pillar of the Community
Canada
1731 Posts
 Posted 06/26/2012  8:31 pm  Show Profile   Bookmark this reply Add coincollect1 to your friends list
I agree with both you guys. The reason I'm looking at the 10oz coin is because I've already bought all engelhard and JM bars I'm my local dealer for a nice price.

I would love to get ATB 5oz coins, but cant find them anywhere. I think ill try an get the 10oz coin for a cheaper price at my local store and save on shipping.
Pillar of the Community
Canada
1723 Posts
 Posted 06/26/2012  8:42 pm  Show Profile   Bookmark this reply Add samsnate to your friends list
Sounds like you just want some variety to shake up the stack. If that's the case then the 10oz kook will be a nice addition. Pic when you get the chance! Cheers!
Pillar of the Community
1283 Posts
 Posted 06/26/2012  9:23 pm  Show Profile   Bookmark this reply Add throwbackid to your friends list
Shoot me a PM if you ever want me to pick up something for you. I don't have much experience shipping into Canada but a good friend of mine is the local post master and he would walk me through it. You seem like a good guy through your post. And mods please don't take offense this post I am only trying to help a "forum friend" out.

No worries, good luck stacking.
Pillar of the Community
United States
3294 Posts
 Posted 06/26/2012  11:12 pm  Show Profile   Bookmark this reply Add nod2003 to your friends list
I would be more in favor of 13 Morgan dollars personally since a single coin or bar of 10 toz might be a bit much to sell at once if needed.
Pillar of the Community
Canada
1731 Posts
 Posted 06/27/2012  08:58 am  Show Profile   Bookmark this reply Add coincollect1 to your friends list
Samsnate, everything I buy will have a picture uploaded to this forum

TBK, Thank you. If I ever need something and you might have it, ill send you a PM.
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