Uncharted Territories: Rounds And Bars

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Author	Replies: 7 / Views: 1,714
canadian_coins Pillar of the Community United States 2408 Posts	Posted 04/21/2016 10:09 pm Well now that I've pretty much sold all my Canadian NCLT I feel a bit bored. While I am still continuing the Canadian silver XFX series ($20 for $20, $50 for $50, etc.) and completing my 12-year long Zodiac collection (yawn) I started looking at the various rounds and bars available out there. I've seen some really interesting designs! I did very little research on the topic but I assume that 99% of the time these are purchased for their intrinsic value (metal content). Is there a possibility that rounds and bars can command a premium based on their quality, rarity or topic? For example, I ordered 20 1 Oz buffalo silver rounds and (naturally) examined to find the best sample. I would grade my best one a SP-68 compared to all others @ SP-63/64/65. Does this even matter? Any potential collector for such? Also, some rounds are interesting by their design, such as the one below. Is there a chance of appreciation? So many questions... Report this Post to the Staff

greenprint Valued Member United States 477 Posts	Posted 04/22/2016 9:24 pm I don't really think so. Others can chime in though. Silver is silver haha. Paying a high premium for non coin form doesn't make much since to me. Supposedly people will offer you less if you try and sell "secondary market" bullion that is tarnished, scratched, dented etc, but it's still silver bullion and if it were to be used remelted down anyways so lol. What about other guys what do you think? Report this Post to the Staff
GR58 Bedrock of the Community United States 11951 Posts	Posted 04/22/2016 10:52 pm Some silver bullion rounds trade at a premium. Private mints seem to be doing a better job making collectable rounds. Of course some collectors are not interested in paying a premium for silver rounds .. but some are. Check out the Zombuck series on ebay. This is just one example. First two of ten Report this Post to the Staff
JoggingLiberty Valued Member 292 Posts	Posted 04/23/2016 01:07 am The round you posted is called "The Captain" look at their first round of the series. That one is way more expensive than when I purchased it originally because people found that it was minted only in a certain quantity and the look/design is awesome. So yes, some rounds can/will go up in value. Silver is silver is a funny thing to say because is a silver fork or silver tea pot only worth what the silver market price is? Report this Post to the Staff
silverbob Valued Member United States 175 Posts	Posted 04/23/2016 09:48 am Depends on who you're asking... Report this Post to the Staff
canadian_coins Pillar of the Community United States 2408 Posts	Posted 04/25/2016 10:29 pm MORGUE ANN dollar - this is too funny!! Thanks for all your responses. I guess anything that is collected can certainly appreciate (beyond metal content). I also got some really well struck copper rounds. For those I know that I will never recoup the cost with the metal by itself.... unless copper goes to up 10x... Edited by canadian_coins 04/25/2016 10:49 pm Report this Post to the Staff
greenprint Valued Member United States 477 Posts	Posted 04/25/2016 11:37 pm why not just hoard copper pennies instead of buying rounds? Report this Post to the Staff
canadian_coins Pillar of the Community United States 2408 Posts	Posted 04/25/2016 11:58 pm I guess I prefer larger "coins"... variety... and I'm less interested in hoarding per se. Well, I'll see where this leads me since I've only started to look into this recently. Report this Post to the Staff
	Replies: 7 / Views: 1,714

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