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 Replies: 39 / Views: 4,463 |
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Pillar of the Community
United States
561 Posts |
Thanks barryg, that was a great help. Am I correct to assume the collector version will be the only one that has a limited mintage whereas the bullion version will be much more available?
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Pillar of the Community
United States
5860 Posts |
Yes. I'm not even sure whether there are any limits on the bullion version, since they are not being minted as collectible items.
That's really where my dilemma is. If I buy the ones form the Mint, there is always the possibility that they will appreciate in value due to limited mintage and desirability. If I by the bullion versions, however, they will likely only ever have intrinsic silver value. I just don't know whether there will ever actually be enough collector interest to raise the value of the ones from the Mint, though, and right now the long-term prospects for silver are looking good enough that I look at the bullion versions as a nice way of investing in silver, period.
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Pillar of the Community
United States
3670 Posts |
Good to know about the two types, great pic comparison an break down of the differences BG.....
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Pillar of the Community
United States
561 Posts |
I am in the same boat. I love collecting coins and I love investing in PMs. It appears that this would be the best of both worlds. I am not a big fan of paying too much of a premium on my bullion investments (who is?  ). So at $31.70/oz for the bullion coin I am very happy because they still have the visual appeal of the coins. However, I do think that they will always be just a bullion play as the collector coin will be the one if any that draws numismatic interest. The collector coin is $40.99/oz. so realistically you can still expect to see a time where the coins intrinsic value surpasses the purchase price but that is $9.29/oz of potential profit wasted. However, with the potential for less than 25,000 coins minted there could be a HUGE premium for a complete set should interest be there. I think I just convinced myself to purchase the collector coins. Edited by Merc Man
06/01/2012 1:44 pm
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Pillar of the Community
United States
1817 Posts |
Merc:
Here is the run down of the known mintage for each of the types/years
Collector-P 5oz
2010: 27,000 each
2011: 35,000 each
2012: 25,000 each
Bullion 5oz.
2010: 33,000 each
2011: 126,700 each (Gettysburg/Glacier are sold out to the maximum number, the other 3 are still being sold to the APs, so far, Olympic: 85,200, Vicksburg: 38,400, Chickasaw: 28,900)
2012: "unlimited"/mint to demand
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Pillar of the Community
United States
2424 Posts |
i think your right in assuming the values for the collector coins going up. it almost feels like we are back in time wehn the first commemorative halves were dealt out. low turn out, low mintages, and look what happend... I think its very possible that 30-50 years down the road these have the potential to pay big premiums due to the low mintage...
i thought I heard somewhere that the unpopular coins of the time tend to become the RARE coins down the road....was that right?
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Pillar of the Community
United States
2424 Posts |
but then again, bullion will always be bullion? and these collector coins are something more? who knows
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Pillar of the Community
United States
1817 Posts |
Bullion is not always just bullion. If you can get a 1996 ASE at melt, I'd say go for it. A clean unblemished bullion coin might someday accrue a numismatic premium, similar to the classic coins of old, when issued, was just worth its face value. |
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Pillar of the Community
United States
561 Posts |
I understand that a bullion coin is not always just bullion (ie worth melt), but if there is a "collector" coin and a "bullion" coin won't the collector coin be the on that sees a numismatic premium first and of a greater amount?
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Pillar of the Community
 United States
808 Posts |
Quote:
...but if there is a "collector" coin and a "bullion" coin won't the collector coin be the on that sees a numismatic premium first and of a greater amount? Very likely. However, circumstances can change desirability over time. Early Chinese Pandas are a great example. In the future, if too many of the common bullion coins are sent to melt, the remaining high quality common coins may eventually increase in collectability and value. |
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Pillar of the Community
United States
5860 Posts |
It also depends on why you are buying the coins. I am primarily buying the 5 ounce ATBs as bullion because I feel that the intrinsic silver value will increase over time. Any collectible bonus that occurs over time is just gravy. If the price is close between the two (as it was when the collector coins were $204.99 and the bullion coins were $189.99), I'll go with the collector coins. But when there is a $45 difference between them, I really don't care to pay the extra on the off chance that the collector versions might go up in value more.
Again, remember that the coins have intrinsic silver value. They are not Beanie Baby's or first edition comic books -- they are not going to be worthless if they don't turn out to be collectible.
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Pillar of the Community
United States
808 Posts |
Received my El Yunque today. It's my first ATB large silver and I have to say that I'm not disappointed! These substantial 5 ounce rounds are very impressive. |
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Valued Member
United States
194 Posts |
If I had the money, I'd get both collector versions and DMPL bullion. It is an exquisite finish on the right design, Mt Hood for instance. However since I have to be selective, I am picking my favorite designs and getting only the collector versions. I found that, on average, I like viewing the vapor blast better, AND I think they will do well in the future versus bullion. I have nothing bad to say about anyone's strategy in collecting these beautiful, LARGE, and silver-packed issues...which by the way also display so much of the natural beauty of these United States. Yes, the denomination is awkward, but it does make a nice turn back to the actual quarters, and even to the preceding State Quarters, which comprise another masterpiece series, IMHO. Those who are poo-pooing ATBs just don't get it, especially the value of the deteriorating mintage numbers. |
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Valued Member
United States
223 Posts |
Picked up the Yellowstone for spot+$1.25 yesterday. It is the bullion version. Really nice coin. I'll buy more if I can find them close to spot.
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Pillar of the Community
United States
538 Posts |
I don't own any of these yet but I am planning on getting the collector Denali Alaska one when it comes out later this year. My family is from near there and it's beautiful so I thought this would be the best way to see the beauty of the design. If I like it enough then I may try to collect the rest but don't plan on it currently.
I'm not a stacker by any means. I collect coins that tell a story or I find intriguing or beautiful. Silver just happens to be my favorite medium for telling that story.
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Replies: 39 / Views: 4,463 |
First Page
Posted 06/01/2012 1:10 pm
