Buying Bullion. How Much Over Spot For A 'Nice' 'Graphic'.

For me theres two very important factors. The first is how well does the coin hold its value, and the 2nd is how much do I love the design. For example the Perth Mint makes a lot of commemorative Silver coins like the USS Midway and their WW2 series I love but the premium is large. I actually just started buying some of these because checking ebay the old ones hold their value pretty well or are hard to find, theyre all low mintage too. So I guess in fairness thats now straight bullion.

For bullion though theres the Britannias and Pandas with a large premium and they seem to hold it well so I'm not opposed to those but I dont like the designs enough to justify the premium for me.

To me though premiums dont matter as much if the coin holds that value. I see a difference though in the premium for design and the premium a site charges. I wont pay a whole lot for a dealer premium but I will if I like the design.

I would add too that if your just stacking to stack stay away from the premium designs. If money falls apart and you would need the silver (one of the main reasons to stack) those premiums will be gone. If youre collecting them because you like silver and want some different designs go for it.

Hopefully that makes sense and I didnt ramble to much

Pretty much, itll change with the price of PM but yea you can go back and look at older coins in the series and see what theyre selling for. If the ones 5 10 years ago have the same or higher price you can be fairly certain the premium holds well.




Exactly. The ironic part is that the bullion with the highest premiums is all foreign. Even though a Chinese Panda is more than twice the price of an ASE is that happens an ounce of silver will be an ounce of silver and actually the foreign silver will probably have a lower value (especially china) since people may not trust it as much or have the slightest clue what it is

I have only ever bought one silver bullion round and I paid about 18% over spot.

And then I gave it away.

But I did buy it simply because of the design and it made a pretty nice little gift.

I've noticed that the longer I look at a coin that I want, I'd be willing to pay a bit more for it. A good example is the Ausralian Lunar Series 1. Halfway done with the set, but it's hard paying double the silver value.

So, I guess it depends. When I first started getting into silver rounds, I would only buy something if it was spot, or less. Now, I kinda see it differently. I'll pay the premium if it's right in front of me, like at a store or convention or private party. The way I see premiums is like this....How much did I pay for the gas to get there, OR how much is Shipping and Handling. I even go as far as comparing to a pack of smokes. I figured, I easily burn about $5 a day, smoking, so what's another cost of a pack, as long as I'm happy. :P Of course, this isn't a pennywise/penny pinchers approach to collecting and I highly don't recomment viewing it the way I do, but I just do. I guess it helps to somehow convince my inner self, so I'm happy with the deals I get. I'm not saying I get ripped off a bunch, but I'm also not saying I get the best deals around, just the best deal for me, at that time of my life.

Everyone is different and have different approaches. I like expensive silver rounds that look beautiful. One of my favorites is Kangaroo at Sunset, with some kinda privy mark. There were two kinds at the time I was buying it, I got the Proof one. Only because instead of sunset, it looked more like a Kangaroo in "moon" light. It's hard to explain unless I'm showing you the coin in my hand. LOL.