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Replies: 11 / Views: 2,488 |
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Valued Member
United States
337 Posts |
I have noticed foreign mints keep adding to their bullion varieties. Has anyone else concluded this? I presented a talk on 2018 bullion, now that it is complete, to my coin club. My favorites are the old ships, What is your favorite? Landmarks of Britain is my close second.
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Pillar of the Community
United States
4211 Posts |
Yes Henry....there were 29 new 1 ounce silver bullion issues in 2017.
I have since stopped collecting them but my favorites are probably the Rwanda Wildlife issues. Old ships are nice. Have you seen the series of nautical coins from Rwanda? Very nice coins...... The Landmark series is also a nice one. You have good taste.
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Valued Member
 United States
337 Posts |
You are right about the Rwanda Wildlife Series. It goes back several years, and has the continent of Africa on half of the reverse. I am familiar with the Nautical Series, which started in 2017. I like the Nautical series, and the Cook Island ship coin. I also like the Isle of Man Viking ship, the Noble.
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Valued Member
United States
274 Posts |
Debbra, is that all bullion that you have stopped collecting or just the Rwanda series? I really enjoyed seeing your posts and pictures about the various silver bullion coins that you collected.
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Pillar of the Community
United States
2243 Posts |
Here' a 1985 1 oz silver old ship bullion I inherited from my step-dad. Yes there are sooooo many new silver bullion release varieties there's no way I can keep up or afford to buy them all. I just buy examples of the few I like searching for the best price. I really don't have a favorite. 
Edited by livingwater 03/28/2019 09:49 am
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Pillar of the Community
United States
4211 Posts |
@living water...very nice!
@ Lunch Money.... I have stopped most all the series. I maybe bought a dozen or so coins last year and the only two I have bought so far this year is the 2019 Silver Eagle in Proof and Bullion. Just burnt out on all the new stuff.
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Valued Member
United States
493 Posts |
After collecting so many, the Panda's were a favorite, but only in silver could I afford, and I even gave up trying to collect those, the mintages were to low in the very beginning. Now they are turning out regular bullion rounds with proof like finish.
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Pillar of the Community
Canada
1051 Posts |
Variety is the spice of life, and there's nothing to say that you must complete a series.
The only coins I "religiously" collect are the Queen's Beasts. Other than the Beasts, I just buy whatever coins I like when they are released!
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Valued Member
United States
266 Posts |
I've been trying to put together a collection of silver bullion coins from 2019. Think I have about 60 now, and the year is just barely half over. My price cut off is about $30 but I have bought some for more. Most are about $20. I like the ship ones too but I really like the wildlife ones.
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Bedrock of the Community
United States
36832 Posts |
Lots of new ones keep hitting the market. Best to focus on the real low mintage coins or you will go silver broke.
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Pillar of the Community
United States
581 Posts |
All these modern bullion varities have been appearing because gov mints and/or the manufactures have been having an incredibly difficult time selling any PM bullion in significant quantaties for several years now and they need cash flow so they began rolling out variety after variety after variety. Especially with the silver bullion.
I like variety. I like pretty shiny coins. I appreciate the skill and creativity required to create an attractive design. I like learning about another country's coinage.
I don't like paying a premium on top of a premium simply because something is "new". The more varieties a country rolls out the more I doubt that they'll be the beginning of a new series and this makes a couple of red flags pop up.
When it's time to sell, modern PM bullion is just bullion to a buyer no matter what design they do or what they commemorate. In addition you will have greater difficulty selling fast and easy because the PM bullion is not easily recognizable which raise rdflags with buyers or limit the size of the market of buyers. All things that do not help you. Why pay a gov mint or manufacturer extra to make life potentially more difficult for you?
Again, there's nothing wrong with variety, I like variety, and promote variety but it would not make up any more than 10-15% of my PM bullion portfolio.
Gold Canadian Maple Leaf Gold Krugerrand
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Bedrock of the Community
United States
36832 Posts |
I tend to agree with you yellow88. But there is a chance the scarcer issues will pull a premium if sold correctly. Dumping to a coin shop or pawn shops guarantees melt value or less for anything you sell bullion related.
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Replies: 11 / Views: 2,488 |
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