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Lear Now Has 2013 1/4-Oz Gold Polar Bears

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Pillar of the Community
United States
1026 Posts
 Posted 02/06/2013  2:15 pm  Show Profile   Check omxfl's eBay Listings Bookmark this reply Add omxfl to your friends list Get a Link to this Reply
If the silver polar bear is an indication then there will be big mark-up over spot. Hence, I'd stay away from it, because in years to come this coin (like the polar bear) will be worth spot and a little bit, like most other bullion - imho.
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1007 Posts
 Posted 02/06/2013  2:25 pm  Show Profile   Bookmark this reply Add Rockdaddy to your friends list Get a Link to this Reply
Omxfl
I guess you're not familiar with the wildlife series bullion fro RCM. First coin sells for double spot price or more and the second coin is doing pretty good to. What about all the privy mark maples, most of them sell for we'll over spot.
Pillar of the Community
United States
1026 Posts
 Posted 02/06/2013  2:31 pm  Show Profile   Check omxfl's eBay Listings Bookmark this reply Add omxfl to your friends list Get a Link to this Reply
I am familiar with them, but the polar bear seems to have an unlimited mintage and I very much doubt it will have the same appeal as the Wildlife series coins - they are all 1oz, whereas 1.5oz seems a strange format. Also, only the first of the Wildlife series coins is doing well. The other ones can be bought at almost bullion prices.
Plus, this is NOT part of the Wildlife series. It's just a privately commissioned coin.
And most of the privy marks aren't really selling well either, considering you have to pay a premium over spot to begin with.
I do like the polar bear design though. But I'm not going to pay $70 for 1.5oz silver right now. There are some European dealers who already discounted them... Patience is a virtue!
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United States
1026 Posts
 Posted 02/06/2013  2:39 pm  Show Profile   Check omxfl's eBay Listings Bookmark this reply Add omxfl to your friends list Get a Link to this Reply
...if you don't believe me: http://www.stollberg-edelmetalle.de...ie-2013.html
There is 7% tax on silver in Germany and the price of the coin is basically 10% over spot not considering tax. That works out at roughly $56 per coin excl. shipping.
That dealer only ships to Germany though.
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1007 Posts
 Posted 02/06/2013  3:41 pm  Show Profile   Bookmark this reply Add Rockdaddy to your friends list Get a Link to this Reply
Where can you get the second coin in the wildlife series for near spot? (Grizzly) how about coins available to Canada. Not Germany. I never said it was part of the wildlife series, did I. Who says you have to pay $70, you can get them in the $61-$63 range. I'm not saying its going to be a hit, I'm just saying only time will tell.
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Canada
5324 Posts
 Posted 02/18/2013  01:54 am  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
lear is charging around 600.00 friday for the 1/4 oz. gold polar bear
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Canada
1723 Posts
 Posted 02/18/2013  09:07 am  Show Profile   Bookmark this reply Add samsnate to your friends list Get a Link to this Reply
This is the first I've heard of this coin. I think its nice. Wouldnt mind grabbing one, but not at $600 for sure.
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