Coin Missing Certificate...would You Still Buy?

Sorry if I gave you information you already knew. Thanks for introducing me to this series, I have never seen it before. It's an interesting idea to use oxidized sterling silver coins. The designs are great with great details too.

Personally, I would pass on these coins without the COA and wait for others to come along. It's not that I'd be necessarily worried about them being authentic, but the value on a collectible series like this seems to depend on having the certificates with them.

I'm not sure where you are looking, but there are some on ebay at about the same price range that include COAs. Also, just so you know, it looks like these are right around 0.84 oz of silver, and not a full ounce, as they weigh 28.28 g and are sterling: (28.28*0.925/31.1 = 0.84 ounce silver).

he chinese ones are nice but the premiums are high :S >>>
agree
though the price is more justifiable than the coin you're talking about

Are you buying it to flip or are you buying it for yourself because you like it? If it's the former then yes not having the certificate would be a deal breaker. If it's the latter then who the heck cares? You're buying the coin not the paper. People display their coins, not the paper that comes along with them.

Hi gang

yea I agree with everyone else.... if you like the coin and don't plan on selling, then get it. However, make sure you get a discount for the lack of COA.

As I discovered in collecting the Somalian elephant coins and others that come with a COA,,, some dealers when purchasing from the wholesaler bought just the coin,, others bought the coin and COA,,, and yet others bought the packaging, coin and COA.

Therefore, there are 3 different price levels you should be aware of. So if it turns out that particular set or coin was only issued with a COA and no sort of display case or packaging then I would make sure you get the going price for that coin WITHOUT the COA.

I ran into this similar thing in buying coins from private mints... some sold the coin with the COA, others just the coin because some people want to just buy high premium silver coins for stacking etc.

hey there SW

well, I talked to a few dealers when I went hunting for the somalia elephants, and the Rwanda African coins and also there's another African series, such as the Gabon elephant and they all purchase on different lots and their perceived market outlook for these coins.

So as an example- The african wildlife coins done by the german mint for Rwanda, dealers had their choice to buy from the mints wholesaler either a- the coin itself b- the coin along with COA c- the coin, COA and packaging/display package. (BTW I am talking about the proof Rwanda wildlife coins)

My communication with dealers was most purchased just the COA and coin. This I found to be true with the Rwanda 2013 Cheetah proof coin. When I checked most dealers only sold the COA and proof coin, I found a few dealers who offered a display case with COA and coin but it wasn't the original, it was after market.

Same thing happened when I went to buy the 2012 striped jackal coin from Niger. Several dealers offered the whole ball of wax, box, COA and coin. But others only offered a COA and the coin.

So basically its up to the dealer to decide which package he will buy because they are sold separately. I think I mentioned this but one dealer in Europe told me that these proof Rwanda coins had interested from investors who wanted to buy them to stack. Another dealer told me his market had collectors who were interested in the entire package.

Also, all the dealers had a common thread as to how they chose what package- the outlay of cash versus what their customer base would support. You have to keep in mind that these dealers have to put out a certain percentage from the mint for their pre-orders and we are talking thousands to tens of thousands.

Which makes collecting these type coins from private mints interesting and fun to a certain extent. Its like this major hunt where you have to piece everything together. I spent a week hunting down Somalian elephants, weeks hunting down who had what in the Rwanda series....

So I mean those coins, even without a COA and high prem you will be, IF you had to sell, which hopefully you dont have to and can keep growing your collection, you will still be ok because someone out there is going to be relieved to find this coin lol.

Anyways I hope that helps. I say, again, if you arent in need of flipping, grab em. They are neat looking coins!