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 Replies: 16 / Views: 6,788 |
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Pillar of the Community
United States
1903 Posts |
Based on researching the various resellers of silver, it is pretty consistent that Maples have a lower premium over spot than Eagles do. Here is my question....why on earth would you buy Silver Eagles over Maples when once they are past a year old they sell for the same on the secondary market ( ebay )? It may not seem like much one coin at a time, but when we are talking 20-500 coins at a time there is a significant intial investment difference. If I am missing something here I would appreciate your views. |
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Valued Member
Canada
178 Posts |
Patriotism... it's the same way in Canada but the higher premium is on Maples.
Edited by Center Pin
08/23/2012 2:15 pm
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Pillar of the Community
United States
564 Posts |
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Pillar of the Community
United Kingdom
616 Posts |
Looking at APMEX buy price today random year Eagles are $32.16 vs. $31.76 for Leafs. So at least with them Eagles retain a higher premium. |
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Pillar of the Community
United States
1454 Posts |
I also see little price difference between Maples and Eagles when I used to buy both on ebay. I would end up buying whichever was cheaper, regardless of provenance. |
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Pillar of the Community
United Kingdom
616 Posts |
I guess a good question would be would there be a difference if someone is trying to sell 100 or more coins versus one individual one.
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Valued Member
United States
404 Posts |
Current year vs. previous years: The current year's releases will always have a bit of a premium in lower quantities for the fact that not everyone is buying it as an investment. Lots of people buy eagles for birth years, anniversaries, gifts etc.
Eagles vs. Maples: Like Center said, Patriotism is a reason for the difference in premiums for lower quantities, but I've noticed that once you get into the roll quantities the difference in premiums between the 2 are lowered a lot.
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Bedrock of the Community
13014 Posts |
Depends where you are. If youre trying to sell 100 though you will lose almost all of the individual premiums for the sales. People expect a lower price buying in such bulk
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Pillar of the Community
 United States
1903 Posts |
That is my point....to me 1 or 2 or even 10 coins does not make an "investment". Once you get into "investment" quantities it would seem to go buy at the price with the lowest premiums regardless of national origin.
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Pillar of the Community
United Kingdom
616 Posts |
Unholy judging by your last post my question would be why wouldn't you buy rounds or bars?
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Pillar of the Community
United States
1903 Posts |
Valid point....rounds to me are too fashion trendy...have to find the right guy/gal who likes what is on it. Bars do have some allure but seem to have a smaller "buyer base". One thing I always hold in high regard for investments is liquidability...seems all else being fair and equal....you will sell 100 one ounce coins faster than 100 one ounce bars/rounds. With the ease of reselling on the internet these days I do not consider selling to wholesalers a viable means of liquidating my investment. Even though they can handle larger quantities at a time, and are more trustworthy....the "off the radar" aspect of selling privately has strong attraction for me.
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Pillar of the Community
United Kingdom
616 Posts |
Sounds like you do a good job of explaining the premiums between the different forms 1 ounce of silver.
Edited by starbuxinvestor
08/23/2012 4:45 pm
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Bedrock of the Community
13014 Posts |
Quote:
Once you get into "investment" quantities it would seem to go buy at the price with the lowest premiums regardless of national origin. I agree with that as long as the country is a reputable one. US and Canada seem to be the easiest to sell in general. Once your talking about 100+ or so investment sizes I cant imagine theres really a difference between ASEs and Maples in price. The difference is small as is and some people just like ASEs better than Maples for the small price, but I think it was also a real good point people generally tend to buy coinage made in their own country |
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Pillar of the Community
United States
511 Posts |
Silver Maples or Eagles? I like 'em both!
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Pillar of the Community
United States
4008 Posts |
Bars and rounds are the cheapest way to buy PMs. Coins, such as ASEs and Maples, have assurance of weight and purity guaranteed by the government that produces them. In the US, ASEs usually sell for about $0.50 more per coin than Maples. It is likely the reverse in Canada. In any case, it IS possible to like and buy both of these excellent coins. I do.  |
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Pillar of the Community
Canada
3692 Posts |
Maples are not always at a premium in Canada. It depends on where you go to buy them. And with internet, it's like, what's the difference where you buy them?
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Replies: 16 / Views: 6,788 |
Posted 08/23/2012 2:16 pm
