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 Replies: 21 / Views: 2,881 |
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Pillar of the Community
United Kingdom
616 Posts |
I picked this up last night and it made me start wondering what is the best looking bullion you have bought this year.  Hopefully now the topic is clearer. Edited by starbuxinvestor
08/16/2012 3:06 pm
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Pillar of the Community
United States
7840 Posts |
Um, I don't think that bullion are considered "coins". I may be wrong (again). When I first saw this thread, I was going to post my 1917 Type II that I should receive tomorrow. Then I saw the "grouping" under "Bullion" I posted the line above. Not trying to stir up trouble by any means!  Edited by oih82w8
08/16/2012 3:41 pm
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Pillar of the Community
 United Kingdom
616 Posts |
I was making the assumption maybe incorrectly that Bullion Coins with denominations were considered coins.
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Pillar of the Community
Canada
1502 Posts |
^^^ agreed. Makes absolutely no sense to me (Asian countries found no need to put a meaningless denomination on their bullion "coins" until Western collectors made a big fuss about distinguishing coins from medals) and it's hard to argue un-denominated sovereigns are not coins, but that is the convention.
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Pillar of the Community
United States
3486 Posts |
Um, h8, I agree. star, what you have is a very nicely designed bullion piece. A coin, by definition, was issued to serve commerce, and thus designed to hold up to the demands of circulation. A bullion piece, because it is not issued to withstand the rigors of circulation, is free to be designed more artistically. Please tell us your definition of "coin." At last, I know what all the fuss is about a " Kookaburra" piece. I have no bullion pieces so I cannot offer anything. |
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Pillar of the Community
United States
3486 Posts |
MUCH better, star! Thank you for listening to us.
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Pillar of the Community
Canada
1502 Posts |
- So if I traded an silver eagle for goods or services, it's then a coin and not bullion because I used it for commerce? - What about gold bars that were designed for and used regularly by banks in commerce? let's call them coin-bars - NCLTs (none-circulating-legal-tender) or commemorative coins are then not coins because they can't take a beating and are not actively used in commerce? - Beat up sovereigns with no denomination, once used for money, now worth only its metal content are what? now-bullion-coins? - What about silver or gold Britannias, which are not pure silver or gold, can take a beating, and have a denomination. - And Chinese pure silver or gold pandas than do or don't have denominations, are they all bullion, or medals and coins, bullion medals and bullion pieces, or.... Ahh the gray area of definitions~~ Sorry starbuxinvestor, i'll actually post a picture of circlely round metal thingies tonight  Edited by poboxw
08/16/2012 3:44 pm
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Pillar of the Community
United States
3670 Posts |
To me the coin/round numismatic/bullion argument is a moot point and to each their own.....
Kind of like arguing that ping pong is just a a basement game/activity and not a sport that requires athletic ability....
The way they move around at those high speeds off the table and put spin on the ball with amazing hand/eye coordination, can't see how one can argue against it not at least requiring athletic ability to some degree....
I think we all could agree after the Olympics that handball definitely requires some athletic ability, the way the beat each other up for like 8 trips up the court, then the ref blows the whistle on a shirt tug and you are like what is going in here, lol....
If it is or was in circulation, sure it is a coin and only then under the denomination of any particular established country here on Earth....
But if it has .999 silver in it anymore it is RECOGNIZED as the same or similar value (give or take a little depending on items compared), then in my mind it is the same thing. At the end of the day it can be used to put food on the table in an exchange/barter/sell type of system....
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Pillar of the Community
United States
1454 Posts |
It's a coin, IMO. But that's not the point. Why get so hung up on semantics? Is it really that important? No wonder some of you will die from stress-related illnesses. That's not what the thread's even about. Start another thread and argue what is and isn't a coin.
Edited by traevin
08/16/2012 4:06 pm
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Pillar of the Community
United Kingdom
616 Posts |
I must admit I am disappointed in the dearth of pics. Are you guys just too modest to show off?
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Pillar of the Community
United States
1454 Posts |
Working on it, star. I probably have about 200 or more "coins" from 2012 and I'm having some trouble narrowing it down ;)
Edited by traevin
08/16/2012 4:09 pm
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Rest in Peace
United States
10625 Posts |
I got a couple of ASE's (1986 & 1991)in Littleton blister packs with rim tone on them. They're a bit boring without it in my opinion. |
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Pillar of the Community
United Kingdom
616 Posts |
I went with the 2002 Kookaburra after getting getting a 2012 Koala and seeing the finish. The Kookaburra is going to be amazing when it arrives.  |
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Pillar of the Community
United States
3486 Posts |
"- So if I traded an silver eagle for goods or services, it's then a coin and not bullion because I used it for commerce?"
Not a coin, but a barter item. Quite a valid use of a bullion piece.
A coin is used day to day by everyone who still pays with cash.
I make it a game to always have exact change when I but something.
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Rest in Peace
United States
1501 Posts |
 Be it a coin, medal, round, bullion piece, or just a copper circle. It is pretty  |
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Pillar of the Community
United States
1454 Posts |
It's very nice, Star. Actually, I believe it's in my top 5 for Kooks, the 2008 Kook above Web being my favorite. I bought the one you have back in 2009. It was $31, then. Considered very expensive at the time. Anyway, I bought more than a dozen coins in 2012 that I could have chosen as my favorite; it's really that close. I decided to go with a set, since I only have a handful, and this one is probably my favorite. Out of the three, the whale is my fave.  |
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Replies: 21 / Views: 2,881 |
Posted 08/16/2012 2:58 pm
