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 Replies: 32 / Views: 5,762 |
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Pillar of the Community
Canada
1723 Posts |
Poll Question
I'm curious as to who or how many of us are bullion collectors. Bullion collector as in willing to pay a premium, high premium or even whatever you have to over melt value in order to obtain a particular bar or coin for whatever reason. I would be interested to hear what it is if you are and what makes it special to you or any other comments or thoughts.
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Valued Member
United States
486 Posts |
i only buy at close to spot for investing reasons. the coins I will spend a premium on is classic US coins :) |
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Valued Member
United States
124 Posts |
I have paid between $16-20/oz for bullion of different types to have different looking rounds/bars rather than the bare minimum generics. I have a hard time justifying more than $20/oz though.
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Pillar of the Community
Canada
1751 Posts |
I have paid a $5 premium on maple bullion not sure if this considered high. I have also paid $99 for coloured or gilded bullion, so I'm not sure how to vote. Can you define if you mean plain bullion, special edition, also at what point is a premium high. As different coins carry various premiums. Great topic.
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Pillar of the Community
United States
1192 Posts |
I give my niece a ounce every birthday always a different design. I been running pandas and Kookaburra lately not to have the same design. Bullion for myself is situation. I'm not trying to create a silver hoard just a lot of interesting items that are made of silver. That being said it's mostly having 90% coins that fit my albums. I have only bought one silver round for myself ever and it was a privateer round and I got it because it was cool over all cost was the concern not the premium. The last time I bought a government bullion or nclt was back when I could get a silver eagle for under $8. Edited by Bertensgrad
01/11/2016 10:49 pm
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Pillar of the Community
United States
4333 Posts |
I've collected generic, bar and gov bullion, off and on since the late 1970's. I've bought at the highs and the lows, premiums really aren't a concern to me, if I want it, I buy it.
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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Rest in Peace
United States
18456 Posts |
 I do not buy bullion at any price. I do have a few 1 oz. silver bars that I obtained many years ago. For me it's strictly coins; Classic and modern up to 1964.  |
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Bedrock of the Community
United States
10982 Posts |
For a few years I collected Engelhard poured bars and Prospector rounds and also rolls of BU & proof 90% silver coins. That stuff carries good size premiums. I pretty much stick with ASEs these days.
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Pillar of the Community
United States
562 Posts |
Yes, I would consider myself a bullion collector. I'll go out of the way to buy high grade silver Eagles and Mexican libertads for my collection, in addition to interesting world bullion coins as I find them.
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Pillar of the Community
United States
500 Posts |
Yes, I am a bullion collector of particular types.
I will pay any premium necessary to obtain a coin I need for one of my sets, or if I just like a certain coin / round.
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Pillar of the Community
United States
3843 Posts |
Bullion collector? No. Most of my bullion is generic rounds and bars. But I do enjoy junk silver and am willing to pay a bit more than I otherwise should for historical coins, especially if they are in decent condition.
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Pillar of the Community
United States
3789 Posts |
I am a bullion collector but only particular types.
First at the top of the list are Somalian elephants, follow by the Benin elephants. Then I collect other animals coins I like, such as rhinos, hippos, zebras, and other neat looking animals I like.
the continued downtrend in gold and silver however has put me off from buying recent bullion coins and I am buying very little. If I do buy, I get coins from 2-3 years back as the premiums drop on them.
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Pillar of the Community
United States
589 Posts |
Yes, I would consider myself a bullion collector. Bullions, books,Moderns and supplies from ebay once or twice a week. |
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Pillar of the Community
United States
1088 Posts |
Guilty depending on in I need the coin to collect a set. I always try to stay under a $5 premium per ounce
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Pillar of the Community
United States
648 Posts |
I would say I like the "brand bullion" like Engelhard. As I've collected those bars of all sizes ( 1 oz, 3oz, 5oz, 10, 20 etc) - While prices have dropped, their premium associated with the brand has remained. Maybe not as much, but not as bad as lets say generic silver 1 oz round. On the other hand, one move I did was purchase five 2oz Zeus Silver Rounds from the Perth Mint which had a mintage of 1,500. I purchased 5 of them for an average of $290 dollars each. They all sell for over $500+ now on ebay.I don't plan on selling any of them but completing sets along the way. Gold on the other hand ....I'll take anything that is .99999 24k. Edited by tripncoins
01/12/2016 10:48 pm
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Pillar of the Community
United States
5833 Posts |
+1
Mostly Panda, occasionally some other issues that I buy that I find it interesting.
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Replies: 32 / Views: 5,762 |
Posted 01/10/2016 11:45 pm
