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 Replies: 27 / Views: 4,097 |
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Pillar of the Community
United States
1817 Posts |
Picking up as many 2013 5oz bullion coins as I can. For $130 per coin, it's a real deal. The 2013s won't be perceived as rare as the 2012s, the While Mountain is stalled out at 25,800 coins sold, and the Mint "might" restart production on this design again, if there are enough on demand orders from the APs. Last year, the 5 designs were 24, 24.4, 25.4, 20, & 20K, and the 25.8 could be all they made initially. Bullion sales ended early in November for Hawaii and Denali with at least six weeks left in the year.
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Valued Member
United States
88 Posts |
I noticed that 5 oz ATB's through Provident and APMEX do not come with original coa and packaging. Is the only way to get this by purchasing through the US Mint? Is that why there is such a big difference in pricing? Provident $128.05 for Mount Hood ATB vs $179.95 at the US Mint. My apologies if this is the wrong place to post this question. Thank you guys in advance. |
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Bedrock of the Community
13014 Posts |
Hu5kers theres two types of the coins. The ones selling for 128ish are the bullion ones which dont have COAs or boxes. The ones the mint sells are the collector version and have a P mint mark on them which do come with those things. Provident and APMEX usually sell the P ones as well which will have a higher price and should come with all the government packaging |
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Valued Member
United States
88 Posts |
Thank you for your help basebal21, that makes sense and it makes me very happy. I have been wanting to add one of these coins to my stack for months but didnt want to pay the hefty premium. Yesterday I was at my LCS and I was able to pick up the 2011 Glacier and Olympic versions with original packaging for $135 each.
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Bedrock of the Community
13014 Posts |
Some people do get lucky and their local shop doesn't differentiate between the P versions and the bullion versions. If they have the P mint mark thats a great deal and I would be very happy too. Id buy as many Ps for 135 as I could, they usually sell for a lot more than that on ebay. |
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Pillar of the Community
United States
899 Posts |
hu5kers77 - check the finish on the ones you purchased. The mint issued collectors version has a frosted finish (the bullion is more mirror like) - if the frosted are the ones you bought - then basebal is right that was a great price. If it is a bullion coin in mint packaging the $135 isn't terribly bad - just deceptive - and considering what those sold for in 2011 still a fair purchase.
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Pillar of the Community
United States
561 Posts |
Have to agree. I would buy any and all P-version pucks I could get my hands on at $135. They go for $200 on E-Bay all day long. Great score.
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Valued Member
United States
88 Posts |
Thank you guys for helping me finally understand these coins and I am the confirmed owner of two P minted ATBS, wohoo! I was having the hardest time figuring these coins out, should have asked months ago. I like simple, and distinguishing between the types by looking for P versions is simple. Now the question is, can I settle for the bullion version from this point forward or do I pay the extra premium?
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Pillar of the Community
United States
1817 Posts |
That's a really good buy, hu5kers77, considering those never sold for less than $204.95 from the Mint when they were available. So you saved yourself a tidy $140 on those two coins. It could be the original owner was given them & didn't know what he/she had or simply needed immediate cash and sold it to your LCS owner who might have been just as confused about these coins, and could've have easily sold these @ $180 each and made a good profit as no way would these collector coins sell for spot unless the bottom totally fell out of the market.
As for your other question, it depends if you are collecting for profit or purely for pleasure, and how hard of a hit your wallet can take. This series has its ups and downs. A year ago $204.95 was a decent mark up for a collector coin, now even $179.95 is a stiff premium. Over time, the series will balance out and most collectors will make a profit on these if they think long term.
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Pillar of the Community
United States
561 Posts |
To me, the bullion puck is just a 5 oz. hunk of silver. Sure, they have the same design but I don't see them ever being in as high demand as the P-version collector coin. If you are looking to "collect" the series I would stick with the P-version. That is what I am doing anyway.
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Bedrock of the Community
13014 Posts |
Agreed with merc about which one to chose.
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Valued Member
United States
88 Posts |
Thanks again for all of the feedback. I think that I will stick to the P-version, at least those that I like, easier on the wallet that way. I may pull the trigger on White Mountain and definitely do the Great Basin ATB coin. |
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Replies: 27 / Views: 4,097 |
First Page
Posted 06/09/2013 5:18 pm
