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Replies: 20 / Views: 6,675 |
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Bedrock of the Community
13014 Posts |
For bullion under a million seems to be on the "lower" side and a couple hundred thousand or less being low. Anything in the millions can't be considered low to me. The pandas are really a great example of this. They used to have massive premiums in the early years, now you can get the graded 70s for basically the same price as a graded 70 ASE with how the mintage has been allowed to grow. I don't have a maximum mintage things can have for me to buy. If I like it I'll get it. If it's something like the 2011 special ASE set with a set low mintage that you know will be popular I'll get more than one. Other than that though it's just whether or not I like it that determines if I buy it or not. The only time the mintage comes into play at all for me would be for the price. If it's a high mintage I'll sometimes wait and see what they do on ebay before buying. Sometimes I can get it cheaper from a secondary seller other times it's cheaper from the mint. If several million or more have been made I won't get caught up in the high initial prices of people trying to have it first and will wait for those people to get theirs and move on and with the idea I'll get a better price later.
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Pillar of the Community
Canada
5417 Posts |
Anything under 1 million is small.
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Pillar of the Community
United States
5833 Posts |
Comparing to ASE the Panda is low, but I think the public demand for silver bullion are down. Demand is what drives the prices, and I would think 100 thousand is too much if there's little demand for it.
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Pillar of the Community
United States
3486 Posts |
"Mintage numbers ... mean a great deal in classic US coins," Or Canada. Or any country. Circulated for years, coins with low mintages survive in small numbers in nice condition. A mintage of 5,000 bullion coins, ALL carefully preserved by their owners, would require a future demand of what number? (For a profit) Let's say 2,000 future collectors want to buy them. 1,000 owners do not want to sell. That leaves 4,000 owners with buyers. Future collectors soon realize that it is a buyers market and refuse to overpay. So 4,000 chasing 2,000 leaves 2,000 holding their original purchase. And not much profit to be made. If any at all. Just food for thought.
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Pillar of the Community
Japan
666 Posts |
it all depends on the coin, on the series, on the quality 8 mil for chinese coins is deserved to be placed in semi-numismatics 1 mil for canadian/us - just a bullion let's compare 2012 panda (mintage 6 mil) average ebay sale at $33 to moose/cougar (mintage 1 mil) average ebay sale at $27 of course pandas will not rise that fast as previous years (though it took time for them to grow too), but if you compare 2013 panda in 10 years it might surprise you. please, don't compare how much these coins were worth during last silver run up ($50) as in this case you should compare how much ase/maple were worth and where they are now compared to the pandas.
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Valued Member
United States
337 Posts |
I view under 500,000 low montage for bullion coins but only for the major bullion coins. Maples, ASE, and such. I bought a silver maple one day from a coin shop and when got home looked it up and it was the lowest mint year for them. I paid the same price for the 20 million montage one I bought along with it. Maybe in future years like 20 years down the road it might be when the population is just crazy
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Valued Member
United States
293 Posts |
In Canada's Silver Maples the 1991 sticks out but the reason that mintages was so low was due to a strike at The Royal Mint. 1992 is also a little bit better date due to a low mintage although 1992 is not as low as 1991.
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Valued Member
United Kingdom
183 Posts |
mintage should be a reflection on time and care taken for each coin, hence proof versions have smaller mintage(low mintage could also mean that that particular coin is not selling very well)
bullion is mostly traded for their metal value/investment so mintage should only come into play on more unique coins. mintage has to be balanced with desirability, some themes/mints are more desirable than others so can be considered to have relatively low mintage despite higher absolute numbers of coins being produced.
HH
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Pillar of the Community
Canada
814 Posts |
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Valued Member
United States
69 Posts |
oh cool, there's a lot of cool information here too
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Pillar of the Community
Canada
1823 Posts |
Quote: In Canada's Silver Maples the 1991 sticks out but the reason that mintages was so low was due to a strike at The Royal Mint. 1992 is also a little bit better date due to a low mintage although 1992 is not as low as 1991. Sml year totals Mintage 1988 1,155,931 1989 3,332,200 1990 1,708,800 1991 644,300 1992 343,800 1993 1,133,900 1994 889,946 1995 326,244 1996 250,445 1997 100,970 1998 591,359 Special Edition Coins
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Valued Member
United States
69 Posts |
is there a website that you go to see the mintages of bullion/ seminumismatic coins?
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Pillar of the Community
Canada
1823 Posts |
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Valued Member
United States
69 Posts |
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Valued Member
United States
69 Posts |
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Replies: 20 / Views: 6,675 |
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