Why Do You Buy Perth Mint Silver Coins At Hefty Premiums?

Anyone can correct me if I am wrong but .. the bullion coins without the privy stuff should not be 2x to 5x spot price.. as for the numis stuff, that is normal. If you are paying 2x to 5x spot, you buying at the wrong place or mistake the numismatic coins as bullion coins

They are quite nice in appearance.
Imagine, though, if bullion prices were stable the way they were in the 1990s. How would you ever justify buying anything with a premium? It must've seemed like such a ripoff back then. You really have to like the coin to do that. These days it's easier to justify because of the volatility of silver. Personally I think that Hobo nickels deserve markups like this because there is a handmade interaction with the object. Anything mass-produced is just not collectible. Are iPods collectible? Are they worth the sum of their parts if broken down to just their components? No - it's the labor that goes into it.

Collecting Perth Mint is purely a choice, or it's cultural/geographical. If I were American I would purchase ASEs but they cost more where I'm from so I get what's available. Perth bars, though, are reasonably priced when compared to the coins.

Whatever anybody buys is a matter of personal taste and as philosophers have said, "To each his own" and "There's no accounting for personal taste."

I have to admit I don't see all those fancy coins (with paint jobs, rhinestones or tiny little stained glass windows) that go for >$100/oz as part of a serious
stacker's game plan, either. Those are collectors items and one potential problem with them is whether or not they'll hold the value level of their purchase
price into the future. I have doubts about whether a lot of those fancy >$100/oz items will hold an >$80 over spot value over the long haul. I think proofs
are sensible purchases but personally, I just can't warm up to all those paint jobs, rhinestones and tiny little stained glass windows.

One poster here referred to all those fancy coins as "coins with crap on them" a while ago. I get a little chuckle out of it every time I remember that quote.

One of the choices we face is whether to stack quantities of bars/rounds, low premium coins and semi-numis coins or to collect one each of every seriously
overpriced fancy thing the $-oriented mints put out.

But--the bottom line is "whatever floats your boat." Happy shopping and here's hoping we all make sensible, prudent choices that serve us well over the years.

"Coins with crap on them". If you like to look at them and admire them, then it floats your boat and is money well-spent. Can't imagine anything like that holding its value