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 Replies: 19 / Views: 2,969 |
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Pillar of the Community
Canada
2019 Posts |
what about the 1/2 ounce 1/4 ounce 1/10 ounce coins? I realize they cost a bit more but if there was a dollar collapse and switch to silver/gold for how ever long wouldn't it be better to have these instead of cutting up a 1 ounce coin.
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Pillar of the Community
 United Kingdom
616 Posts |
Are you saying that no one would accept dollars and the whole finicial system would revert to PM coins, or a hyper inflation environment which would make any PM coin worth huge amounts of dollars?
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Pillar of the Community
United States
5858 Posts |
I do collect the 5 ounce ATB series because they are so beautiful and the artwork is much easier to appreciate on a larger canvas. Other than that I own a single 1 kilo "Year of the Dragon" coin from the Perth Mint but don't really "collect" them. I just bought one because it struck my fancy. I also just recently purchased (but haven't received) a 6-ounce cylindrical "Fortuna Redux" silver coin made by the Mint of Poland for the Island of Niue. Again, though, this was strictly a one-off purchase because I really liked the coin and not part of a larger collecting strategy. As a method to purchase bullion it's ridiculously overpriced, but I'm hoping it will have lasting collector's value. Other than that, I prefer to buy 100-ounce bars when I feel the need to purchase silver in bulk. |
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Pillar of the Community
United Kingdom
616 Posts |
I can't imagine buying a Kilo coin. I would use it for a paperweight except I would be afraid to have it out in the open. But your 1 Kilo Dragon is beautiful.
Edited by starbuxinvestor
04/10/2013 09:10 am
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Pillar of the Community
United States
1391 Posts |
There is also a lot of the Oceania stuff that comes in larger sizes that has low mintages and isn't popular enough with collectors to go much above spot. If you like animals then there are a lot of good options in that area. The only problem is that many sellers try to sell it far above what anyone is willing to pay. I like the ATB 5 oz. My set is no where near complete though. |
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Pillar of the Community
United States
2168 Posts |
I have purchaed some of the 5 oz. ATB coins for Christmas gifts. They are really neat! Don't know if I will be buying at the new higher proposed cost especially with silver spot so low by comparsion |
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Pillar of the Community
United States
5832 Posts |
How can I forgot Barry. I knew better Barry will have at least one kilo silver coin. Lol!
All kidding aside, I have seen those 1 kilo coins at the show, they are beauty. Congrat to Barry.
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Valued Member
Canada
281 Posts |
Other than the collector aspect of owning a kilo coin, I never saw the practicality of stacking those, bars yes. On the other hand, fractional silver always appealed to me and I acquired quite a bit. Ya they're more expensive but very desirable. Isn't that why "junk silver" is pretty much sold out? If you like fractional silver, you've got to love these Valcambi's  |
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Pillar of the Community
Canada
2019 Posts |
@miggs I like those Valcambi's , dont have any yet, they are better then junk silver as they have the purity stamped on them , if things do go south with the dollar , most people wont know junk coins value since they have 40 to 90 percent silver , I think 99.9 or 99.99 percent purity will be the standard or atleast more desired and recognizable at that time.
I am with you on the larger size coins, nice to look at but not very practical. I dont think I will be buying anything larger then an ounce coin/bar.
Edited by Northerncoins
04/11/2013 07:55 am
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Pillar of the Community
United States
5858 Posts |
I guess it all depends on why you are stacking silver in the first place. I'm personally stacking as an investment vehicle so I can have something to sell off in my retirement years if necessary, not because I am expecting the economy to tank.
Besides, who is to say that your average person on the street would actually trust those 1g silver bars to be real silver? You can stamp anything you want on a bar, but I suspect an average person would be more likely to trust a familiar "junk" silver coin before one of those.
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Pillar of the Community
United Kingdom
616 Posts |
Barryg That type logic is one of the reasons I believe for pure stacking ASE or CML are best. Unless there was a incredible mental shift most people would definitely assume those to be of higher quality and more likely to be real because they were created by well established goverment than rounds and art bars IMHO. |
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Pillar of the Community
United States
1200 Posts |
The Valcambi combibars may be a cute gimmick, but they're overpriced up to a level that I find unacceptable. I was at a LCS yesterday and the bottom of the generic silver box was littered with about 3 dozen of those tiny little 1gr silver bars flakes that I could have grabbed for $1.50 over spot. They were so small that I had trouble reading the maker's name with a loupe. I left them where they were, but I was happy to take the five J-M 5gr bars that were also there. On the bigger coins... I like them, they're nice works of metalworking art, etc, but... Most of them carry too heavy a premium for my taste. The ATB's aren't too bad, but I'd like to have a 5oz or kilo silver Libertad. Sadly, I just can't swallow the premiums on those. The $8/oz premium for the 5oz Lib is harsh, but $23/oz for the kilo Lib is insane. |
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Pillar of the Community
Canada
2019 Posts |
@Fat Freddy Ya the 1 gr combibars are a tad small, agree with you there.
@barryg Good point so best is to save only bullion from the country you live in if that's is a worry for people.I mostly have Maple leafs as I am from Canada, but I have a few Libertads and ASEs .
I also stack to have something in retirement plus for a possible dollar collapse or what have you. I don't stack to resell every month with the highs and lows.
Edited by Northerncoins
04/11/2013 10:16 am
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Pillar of the Community
United States
1200 Posts |
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Pillar of the Community
United Kingdom
616 Posts |
Eh, no thanks at $44.46/oz. I'll pass.
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Replies: 19 / Views: 2,969 |
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First Page
Posted 04/10/2013 08:54 am
