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 Replies: 9 / Views: 1,539 |
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Pillar of the Community
Canada
2124 Posts |
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Pillar of the Community
Canada
6767 Posts |
The series is very familiar. The price of this coins: Wolverine ~ $1.700 Ural Owl ~ $800 Hedgehog ~ $500 and 4-th coin - IMO not beautiful as first 3 has nothing to it's silver content. If I am not wrong, initial price of the Wolverine was $69, and then was distributed for $129. But the coin won COTY award, and slowly the price went up, raising significantly with each of new releases in this series. So actually for this coin is relevant: it costs the amount, that you ready to pay for it. Added: One of the CCF members has 2011 Ural Owl for sale...just search ebay and you will find it. Edited by Silveroid
05/05/2013 7:41 pm
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Valued Member
Canada
69 Posts |
That one is the least expensive on ebay, here is another one: http://www.ebay.com/itm/Mongolia-20...em257d06215eMy opinion of people who argue that a coin contains 1 oz of silver should be sold for ~$25 don't get it. You don't go into an art gallery and say "The canvas that painting was made on is only work $10, I'm going to give you $10 for it." |
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Pillar of the Community
Canada
6767 Posts |
 I agree with is. I did like the beauty of the series, but my budget was OK only for Hedgehog. And in anyway, not easy to pay such amount for the coin, having no numis value, just because you like it. |
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Pillar of the Community
 Canada
2124 Posts |
What do you mean with "numismatic value"?
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Pillar of the Community
United States
2661 Posts |
Quote:
You don't go into an art gallery and say "The canvas that painting was made on is only work $10, I'm going to give you $10 for it." This is true, but the artist does not paint the exact same painting by the millions either. The mass produced paintings go for just a few dollars more than the cost of materials. |
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Pillar of the Community
Canada
2366 Posts |
Think of the coins that trade at these values as more like works of art. Coins like Silver Maple Leaves or VF20 1966 quarters trade based on bullion value. Numismatic value is generally used for circulation coins and reflects the difference in the value between the face value of the coin (or its bullion value if applicable) and what it actually trades for. You don't get an 1858 penny for 1 cent or for the 5 cents of copper that's in it.
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Pillar of the Community
Canada
1581 Posts |
A single unique and coveted paining is worth a fortune.
A limited edition lithograph has value.
But if they pop out 50,000 copies, then what?
The scarcity is a factor that can not be dismissed. A $20 for $20 won a COTY too.
The Mongolian coin was 2500. The $20 for $20 was 250,000.
It's the combo of a high mintage AND a high price/BV that is attacked. Like the upcoming 50,000 $100 for $100 for 1oz.
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Pillar of the Community
Canada
1502 Posts |
Don't buy from me. I'm fishing with this coin (and don't really want to see it go). It's not really worth what I'm asking in that if you are patient on ebay you can find an owl for under $600. Careful now with these Mongolian coins. A few too many seems to be coming straight out of China and with newer eBayers... shady~ |
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Pillar of the Community
Canada
746 Posts |
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Replies: 9 / Views: 1,539 |
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Posted 05/05/2013 7:47 pm
