5oz ATB Question

I consider a bullion piece to have zero numismatic value over melt, thus worth melt only, and no different value wise than generic bars and rounds of the same weight and composition. ATB 5oz rounds are not strictly bullion using this criteria. You can buy a 5oz generic silver bar for melt and these you can not.

A side note regarding PM prices: As prices increase, more coins fall into the bullion category because their bullion value exceeds their numismatic value. With U.S. silver dollars melting at almost $25 right now - almost all common-date, circulated pieces become bullion and subject to the dreaded melting pot. Which is a shame.

1. Nothing really except their numismatic market value versus their precious metal market value. There's $155 worth of metal in them but the numismatic market has them at double that value - even ungraded.

2. Better condition plays a part (whether numeric or not). The market is who and what determines if these pieces are valued as collectibles or not.

3. Again, it's all the markets. We have a coin market (numismatic) and a metals market (bullion) that can and do overlap. In this case it's easy to determine which wins. Who is setting the price? The numismatic market.

Thanks alot bherring you helped alot !

So the high market demand and buyers paying much more over current spot on the secondary market for raw bullion add in low mintage makes theme numismatic coins

The current numismatic market is setting the values right now by paying more than double + over the current intrinsic bullion spot value witch makes theme numismatic coins and not bullion thats interesting to know I didnt know that.

I just have one simple old fashioned time-tested rule, that I've heard so much over the years, concerning "buying" in the precious metal arena.

*Buy or invest when it's cheap and sell or smile when it's way up ! *
*If you get that "backwards", it could be folly for you ! ..* ...

And the markets are definately "UP".....

So, for me, this is NOT a time to buy fairly expensive Silver/Gold coins.
It's not that I mind so much that the value of a certain purchase may go way down over time, it's just really about EXHORBANTLY HIGH PRICES approaching or reaching RECORD LEVELS.

It applies directly to "numismatic" and "bullion" value historically proven "roller-coaster" rides of the markets. And "curious-minded potential investors" within the hobby of coin collecting (from time to time, like me).
(I sold some junk silver awhile back.....couldn't resist AND I needed the money)

It's just simple really..... When Gold is extremely expensive.....you don't then take your first step and "begin" to buy it, thinking that it will CONTINUE to go up and up and up......and then all you have to do is wait until you decide to sell for your profit and count all of your money at some future point.

Applicable, identically with Silver too, of course. When it's near RECORD HIGHS....that is NOT the time to buy it or "invest" in it for a future "profit".
Try to only buy things that you fancy for your collection. (that's the MAIN rule in coin collecting for me !)....

I don't begrudge anyone for buying the 5oz frisbie golf pucks......if they find them beautiful....that's what it's all about.
But buying them for a future profit, could be a mistake.

Being first year of issue and a low mintage I don't think the 2010's will drop to bullion value. although the premium may not be a large amount more than bullion. The 2011 and later pieces are still questionable. I expect the 2011's to drop but some of the later ones may not be too bad if people get burned on the 2011's.

Look at what happened today with these incredible

http://cgi.ebay.com/AMERICA-BEAUTIF...em27b8b58e3b

I think they are cool... just to own one would be great... not sure about the investment part.

I think there is potential if you can get your hands on a few fast and put them on ebay before the mint sells out. That seems to be the trend but prices will fall imo but I know I wouldn't want to be the ones holding them when that does happen.