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What Do You Think About This Bullion 99999 Coins ?

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bekiz's Avatar
Japan
666 Posts
 Posted 06/16/2012  03:22 am Show Profile   Bookmark this topic Add bekiz to your friends list Get a Link to this Message Number of Subscribers
What-Do-You-Think-About-This-Bullion-99999-Coins-?
What-Do-You-Think-About-This-Bullion-99999-Coins-?
What-Do-You-Think-About-This-Bullion-99999-Coins-?
Edited by bekiz
06/16/2012 03:45 am
Pillar of the Community
traevin's Avatar
United States
1454 Posts
 Posted 06/16/2012  03:50 am  Show Profile   Bookmark this reply Add traevin to your friends list Get a Link to this Reply
Never seen it, B. Looks Central or South American, obviously, but I don't know where lion monkeys reside. So give me a clue. I'll put it on my wish list. If whatever country it is gets its silver from Mexico, I can almost understand the level of purity but can't comment on its legitimacy. Mexican silver is said to be some of the finest in the world, though.
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trout1105's Avatar
Australia
7096 Posts
 Posted 06/16/2012  03:50 am  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply
This may be a silver plated coin
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traevin's Avatar
United States
1454 Posts
 Posted 06/16/2012  03:53 am  Show Profile   Bookmark this reply Add traevin to your friends list Get a Link to this Reply
Okay, looks like you fixed the link. They're all tokens, I see. So what country produced them, I wonder?
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bekiz's Avatar
Japan
666 Posts
 Posted 06/16/2012  03:55 am  Show Profile   Bookmark this reply Add bekiz to your friends list Get a Link to this Reply
Here's the link to manufacturer
http://www.royalsilver.com/retailst...d_product=27

Royal Silver Company is a Panama corporation with a wholly-owned subsidiary in Bolivia. We have an executive office on the 15th Floor of Los Tiempos Building in downtown Cochabamba and the silver processing plant located on a 4-acre industrial site at Avenida Petrolera Km 12 on the outskirts of Cochabamba. Please contact us to arrange a tour.
Edited by bekiz
06/16/2012 03:56 am
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traevin's Avatar
United States
1454 Posts
 Posted 06/16/2012  03:55 am  Show Profile   Bookmark this reply Add traevin to your friends list Get a Link to this Reply
I wouldn't think so, Trout, just by reading the inscription. Guess it would be hard to know for sure, though.
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bekiz's Avatar
Japan
666 Posts
 Posted 06/16/2012  03:58 am  Show Profile   Bookmark this reply Add bekiz to your friends list Get a Link to this Reply
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traevin's Avatar
United States
1454 Posts
 Posted 06/16/2012  04:02 am  Show Profile   Bookmark this reply Add traevin to your friends list Get a Link to this Reply
Trout,

I believe it's Bolivian silver. Would an outside agency be responsible for authenticating their silver purity claims?
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bekiz's Avatar
Japan
666 Posts
 Posted 06/16/2012  04:08 am  Show Profile   Bookmark this reply Add bekiz to your friends list Get a Link to this Reply
They make 99999 gold as well
http://www.youtube.com/watch?v=XumsCedaDT0
Pillar of the Community
United States
3184 Posts
 Posted 06/16/2012  04:33 am  Show Profile   Bookmark this reply Add mkman123 to your friends list Get a Link to this Reply
its interesting but I like morgans and peace better. Plus I would stick to better known bullion like kooks, maple leafs, etc However it would be fun to get one or two
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sel_69l's Avatar
Australia
21786 Posts
 Posted 06/16/2012  07:09 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Dunno if .99999 or .999 makes any difference, except perhaps for a marketing point. I takes more expense in refining for a minuscule amount of silver extra.

Bit silly, when silver hoarders also seriously consider .90 coins. Perhaps someone can explain the real reasons for this.
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trout1105's Avatar
Australia
7096 Posts
 Posted 06/16/2012  07:35 am  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply

Quote:
Dunno if .99999 or .999 makes any difference, except perhaps for a marketing point. I takes more expense in refining for a minuscule amount of silver extra.

Bit silly, when silver hoarders also seriously consider .90 coins. Perhaps someone can explain the real reasons for this.


Regardless of the purity of these they hold no interest to me.
I do collect NCLT coins but I am not a hoarder of silver, I buy either for the design on the coin or ( and I hate to say it) to finish off a collection.
The Aussie roos are a perfect example, Most of the coins have a great design but 3 of them are awful but I bought them regardless
These are purely designed to appeal to the silver stacker's and at $8 over spot it may grab a few.
Personally if I wanted to stack silver I would buy bars and not rounds from the Perth Mint,Which has a worldwide reputation as a silver supplier
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traevin's Avatar
United States
1454 Posts
 Posted 06/16/2012  08:13 am  Show Profile   Bookmark this reply Add traevin to your friends list Get a Link to this Reply
I think you already guessed it, Sel. Purely for marketing purposes. Canada did something quite similar many moons past.
Valued Member
hagbard's Avatar
Canada
62 Posts
 Posted 06/16/2012  6:07 pm  Show Profile   Bookmark this reply Add hagbard to your friends list Get a Link to this Reply
I am a hoarder, and they don't hold any interest for me either if they have a higher premium.
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poboxw's Avatar
Canada
1502 Posts
 Posted 06/16/2012  7:44 pm  Show Profile   Bookmark this reply Add poboxw to your friends list Get a Link to this Reply
Neat coins, definitely legit. Some people like to pay an arm and leg for silver from a particular refinery, some for a particular company to says it perfect, and some for design, or history, or odd weight. Purity sounds like as good a reason as any other.
Valued Member
vinnycoin's Avatar
Canada
442 Posts
 Posted 06/21/2012  2:59 pm  Show Profile   Bookmark this reply Add vinnycoin to your friends list Get a Link to this Reply
They're minted by the Royalsilver Mint.

http://www.royalsilver.com/retailst...d_product=27

Private company, so at most it is considered generic bullion. Interesting gimick, though you have to consider if 0.00001% silver is worth it

They also have some kind of trust/membership. $5000/yr, and they pay you quarterly dividends of these silver coins.
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