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 Replies: 19 / Views: 2,965 |
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Pillar of the Community
United Kingdom
616 Posts |
Does anyone collect 2, 5 or 10 oz. coins instead of 1 oz.? Seems they aren't as popular for resale but would be good for display. Or are bars the choice for larger sizes? Edited by starbuxinvestor
04/09/2013 11:55 pm
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Bedrock of the Community
13014 Posts |
Theres just lot a lot of options for larger coins other than the 1oz. The 5oz have a decent collector base though with the 5oz ATBs. There may be a handful of people that collect them instead but I would bet money the vast majority of people collect them in addition to the 1 oz. Its just hard to argue with how liquid the 1oz.
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Pillar of the Community
United States
5825 Posts |
Actually I was thinking about those 1 kilo silver coins, now that's a space hog. And who collect those?
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Valued Member
United States
456 Posts |
The largest coin that I have right now are from the 5 oz ATB series. I'm really starting to think about getting a kilo coin myself, however. I almost grabbed one when silver was at $26.XX for just over $900, but didn't pull the trigger. Maybe I'll grab a 10 oz first and see how I like that. |
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Pillar of the Community
 United Kingdom
616 Posts |
Just seems like some of the off size coins are just as attractive as the standard 1 oz. with a lower premium per oz.
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Pillar of the Community
Canada
2019 Posts |
what about the 1/2 ounce 1/4 ounce 1/10 ounce coins? I realize they cost a bit more but if there was a dollar collapse and switch to silver/gold for how ever long wouldn't it be better to have these instead of cutting up a 1 ounce coin.
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Pillar of the Community
United Kingdom
616 Posts |
Are you saying that no one would accept dollars and the whole finicial system would revert to PM coins, or a hyper inflation environment which would make any PM coin worth huge amounts of dollars?
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Pillar of the Community
United States
5850 Posts |
I do collect the 5 ounce ATB series because they are so beautiful and the artwork is much easier to appreciate on a larger canvas. Other than that I own a single 1 kilo "Year of the Dragon" coin from the Perth Mint but don't really "collect" them. I just bought one because it struck my fancy. I also just recently purchased (but haven't received) a 6-ounce cylindrical "Fortuna Redux" silver coin made by the Mint of Poland for the Island of Niue. Again, though, this was strictly a one-off purchase because I really liked the coin and not part of a larger collecting strategy. As a method to purchase bullion it's ridiculously overpriced, but I'm hoping it will have lasting collector's value. Other than that, I prefer to buy 100-ounce bars when I feel the need to purchase silver in bulk. |
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Pillar of the Community
United Kingdom
616 Posts |
I can't imagine buying a Kilo coin. I would use it for a paperweight except I would be afraid to have it out in the open. But your 1 Kilo Dragon is beautiful.
Edited by starbuxinvestor
04/10/2013 09:10 am
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Pillar of the Community
United States
1391 Posts |
There is also a lot of the Oceania stuff that comes in larger sizes that has low mintages and isn't popular enough with collectors to go much above spot. If you like animals then there are a lot of good options in that area. The only problem is that many sellers try to sell it far above what anyone is willing to pay. I like the ATB 5 oz. My set is no where near complete though. |
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Pillar of the Community
United States
2168 Posts |
I have purchaed some of the 5 oz. ATB coins for Christmas gifts. They are really neat! Don't know if I will be buying at the new higher proposed cost especially with silver spot so low by comparsion |
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Pillar of the Community
United States
5825 Posts |
How can I forgot Barry. I knew better Barry will have at least one kilo silver coin. Lol!
All kidding aside, I have seen those 1 kilo coins at the show, they are beauty. Congrat to Barry.
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Valued Member
Canada
281 Posts |
Other than the collector aspect of owning a kilo coin, I never saw the practicality of stacking those, bars yes. On the other hand, fractional silver always appealed to me and I acquired quite a bit. Ya they're more expensive but very desirable. Isn't that why "junk silver" is pretty much sold out? If you like fractional silver, you've got to love these Valcambi's  |
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Pillar of the Community
Canada
2019 Posts |
@miggs I like those Valcambi's , dont have any yet, they are better then junk silver as they have the purity stamped on them , if things do go south with the dollar , most people wont know junk coins value since they have 40 to 90 percent silver , I think 99.9 or 99.99 percent purity will be the standard or atleast more desired and recognizable at that time.
I am with you on the larger size coins, nice to look at but not very practical. I dont think I will be buying anything larger then an ounce coin/bar.
Edited by Northerncoins
04/11/2013 07:55 am
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Pillar of the Community
United States
5850 Posts |
I guess it all depends on why you are stacking silver in the first place. I'm personally stacking as an investment vehicle so I can have something to sell off in my retirement years if necessary, not because I am expecting the economy to tank.
Besides, who is to say that your average person on the street would actually trust those 1g silver bars to be real silver? You can stamp anything you want on a bar, but I suspect an average person would be more likely to trust a familiar "junk" silver coin before one of those.
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Pillar of the Community
United Kingdom
616 Posts |
Barryg That type logic is one of the reasons I believe for pure stacking ASE or CML are best. Unless there was a incredible mental shift most people would definitely assume those to be of higher quality and more likely to be real because they were created by well established goverment than rounds and art bars IMHO. |
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Replies: 19 / Views: 2,965 |
Posted 04/10/2013 12:12 am
