In 2019 I Hope We See A Drop In Dealer Exclusive Bullion Coins And Sets

I do not collect any such series,but I know they are popular.
I am a little confused by how how you think it is hurting the hobby. Do you mean people are paying high premiums without return on investment, even loss?

The thing that it does to hurt the series is it prevents quick sellouts generally. Things that instasell out with collectors and flippers competing get a lot of excitement and generally do appreciate in value at least some. An exclusive takes the competition away and frustrates others that they can't flip any to lessen the cost.

That and obviously there is already an inflated premium since another business has to be making money off it.

As long as it's profitable though the mints that want to will probably just keep increasing it and Australia has been one of the biggest ones doing the exclusives and official distributor stuff.

I have sold my entire world bullion collection off...and focus on Libertad exclusively now.

I did this for much the same reason that Debra pointed out-- just too much to keep up with and was not any fun.

Libertads are fun.

So anyway- I can't speak to these exclusive sets in other areas, but can speak to them with Libertad.

They have sold some rights to COAs to some distributors. These come in 5 and 7 coin proof sets. This has not gone well because the two distributors had a falling out that has resulted in legal action which has made everyone realize that the proof sets are not actually issued Banco De Mexico, but the distributors themselves. The mint sends them a bunch of proof coins and they put the coins in the box with a numbered COA. So the #1 COA has no more chance of having a coin struck before the number #1000 COA than it does having a coin struck after the #1000 COA. Anyway, the prices of these did drop. But I don't think it was from having so many sets.

The other thing they did along these lines was team up with APMEX for reverse 1 oz proof sets. These have kept their values in that all years are either higher than issue or selling for no less than issue. In general, APMEX had 500 sets and the total mintage was usually just around 1000.


But here is where I am hijacking it to talk about the other annoying thing they must stop doing.

In 2014 Libertad has two 1 oz coins. A bullion and a proof. Yay. The way it should be. It worked well for them from 1982 to 2014, so why not change?

In 2015 they added 1 oz Reverse proofs.
In 2017 they added 2 oz and 5 oz Reverse proofs.
In 2018 they have now added 1, 2 and 5 oz antique finish. As well they added reverse proofs to their gold line up. Bear in mind that some years they only produce 250 or 300 gold proof coins, so it is a big deal.

In addition, they went from having a bu and a proof life kilo coin to having something like 5 different kilo coins in 2017.

Libertad coins have ridiculously small mintages-- but the appeal of small mintage gets mitigated (negatively) if they have 20 coins you have to collect every year.

They make 7 sizes of silver in bu and proof in regular strike (14 coins) 5 oz, 2 oz, 1 oz, 1/2 oz, 1/4 oz, 1/10 oz, 1/20 oz
They make 3 sizes in reverse (3 coins)
Now 3 sizes in antique (3 coins)
They make 1 or 2 (at least) kilo coins every year.
So in silver- I have to get 22 coins every year.

And this is just one design!


They are still the best coin in the world.

But I hope they don't think of another finish to make in 2019.

Exactly

It is very simple and OBVIOUS that yes, for coin dealers by APMEX, Silvertowne, and others, pushing out special dealer exclusives gets collectors to keep buying and I cant help think that its these exclusives that is helping their bottomline for now. All trends come to an end tho and I think we are seeing the early signs of fatigue among collectors in the bullion coin collecting market.

In time tho, over time, it wears collectors out and really will bleed out collectors in short order.

Almost feels like the bullion market has gone the way of the RCM with their non stop pushing of proof collector coins LOL

I collect Britannias including the proofs and "brilliant uncirculated" (different from bullion) versions. APMEX exclusively sells a set that includes both the proof and reverse proof. I paid $230 for last year's set and now they're selling it for $200. The set, and therefore the reverse proof, is limited to 500, but they're still not sold out. Now that's a thin market for a modern coin!