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Austrian Silver Philharmonic Coin

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Author Previous TopicReplies: 9 / Views: 3,381Next Topic  
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1337's Avatar
United States
656 Posts
 Posted 09/10/2008  9:18 pm Show Profile   Bookmark this topic Add 1337 to your friends list Get a Link to this Message Number of Subscribers
Are these worth buying or should you stick to Maple Leaves and Eagles?

Quick help needed.
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Curio Bill's Avatar
United States
52 Posts
 Posted 09/10/2008  10:04 pm  Show Profile   Bookmark this reply Add Curio Bill to your friends list Get a Link to this Reply
I have heard that the non-reeded edges can theoretically make it easier to counterfeit. It is a pretty 1oz silver coin & it is usually cheaper than maples or eagles. It is probably more of a "ford, chevy or toyota" or "cowboys, eagles or bears" kinda question with No real right or wrong answer.
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KurtS's Avatar
United States
5318 Posts
 Posted 09/11/2008  12:30 am  Show Profile   Bookmark this reply Add KurtS to your friends list Get a Link to this Reply
If you're looking to resell someday, buy bullion coins that are most familiar to dealers. A dealer will offer you closest to spot on something they can turn around the quickest. I think ASEs and Maple Leafs are a good choice.
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daviscfad's Avatar
United States
4541 Posts
 Posted 09/11/2008  01:23 am  Show Profile   Bookmark this reply Add daviscfad to your friends list Get a Link to this Reply
I think we as a seller should charge a premium over spot for them to buy as they do us.. you should at least get spot price
Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 09/12/2008  02:05 am  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
I think coin dealers should be subsidized, like they do farmers.
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PennehChaos's Avatar
United States
311 Posts
 Posted 09/12/2008  12:50 pm  Show Profile   Bookmark this reply Add PennehChaos to your friends list Get a Link to this Reply
Well, they do say "WIENER" on them, so you have to decide if that's a positive or a negative for you...

I like them. Not as well-known as Maples, but they are a heck of a lot more attractive.
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KurtS's Avatar
United States
5318 Posts
 Posted 09/12/2008  1:52 pm  Show Profile   Bookmark this reply Add KurtS to your friends list Get a Link to this Reply
Of course we know that "Wiener" means Viennese; similar in usage to "Frankfurter" or "Hamburger".

And I agree--they're very attractive bullion coins, especially if you like music. I just remarked that if you plan to buy low and sell high (etc), buy the most popular coin. Otherwise, a big ugly Englehard 100oz. brick is pretty liquid too--and traded widely by dealers. Of course, there are more liquid options than actually holding metal--imo.
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jbuck's Avatar
United States
187950 Posts
 Posted 09/12/2008  2:28 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Whether you were to say "Ich bin Wiener" or "Ich bin ein Wiener" might affect your feelings toward it, if you believe in urban legends!

Joking aside, President Kennedy did not actually say he was a jelly donut, despite what many have claimed; his phrase was correct in the context it was used.

But still, someone might be offended by being called a Weiner if they were, in fact, from Salzburg!
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coinblogger's Avatar
United States
88 Posts
 Posted 09/12/2008  3:12 pm  Show Profile   Bookmark this reply Add coinblogger to your friends list Get a Link to this Reply
Do any of these coins appreciate in value based upon the coin itself or is it completely based upon the price of silver? If it is the latter, then don't buy the metal (if you are doing it for investment purposes). Instead, buy an ETF or commodity mutual fund. Why pay the premium? You pay a huge premium on the front end and then another broker fee when you go to sell. This is a very expensive transaction fee.

However, if you just like to hold pretty objects and you don't care about getting the most for your money, then by all means buy the metal.
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biggfredd's Avatar
United States
9104 Posts
 Posted 09/13/2008  05:16 am  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
You're talking to coin collectors who are kidding themselves into thinking they're investing in silver. They don't realize a single contract of silver is 5000 ounces or ten bags of coins, and most silver speculators buy and sell multiple contracts.
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