Really an excellent talk Numi, I greatly enjoyed it. It's very useful to hear some of your reasonings on rarity, mintages and valuations... these are things I have been thinking about a lot.
I really enjoyed listening to these thought provoking subjects. Thank You so much my friend. Me, I stack generic verifiable silver and gold, and am working on an AU/BU Morgan collection. I will never get a complete collection in AU/BU because of Key date values, But Ultimately I will complete the collection in lower grades, with great satisfaction and enjoyment as i go.
Been rolling through your videos ( inbetween x factor on the tv) this evening and I really enjoy them. Being new to collecting, your videos are great and easy to follow. Thanks for posting and I have sub'd to your channel.
Great topic! I think that the majority in this community are stackers and at the same time, collectors. As for myself. I buy what I like and what I can afford. I noticed that I progressed from just wanting to build ounces in silver (and I chose to stack ASEs and American Buffalo Round and Incused Indian Round) to desiring to collecting sets of coins, like I have decided and started to collect the Peace Dollar date and mint sets that are graded- which was not in my initial plan. I started out wanting to save in silver only, but now have been adding fractional gold to my stack.
Great video. I am new to this and on a low spend at the moment so my strategy just now is pre-47 silver with a toe dipping into the lunar collection (couple of half ounces). What are the benefits of slabbing when first purchased vs casing them and getting them verified and slabbing down the line? How much does slabbing vary in price per coin?
I follow your guide focus on lower mintage key years and I guess I am in that stacker group that always aware of per ounce cost but I will pay premium if mintage low
very good subject my view on what something is worth basically is that something is worth only what someone is willing to pay for it and if they decide they really want it may pay over the odds. but that does not mean it is now worth what they paid for it. like fine art or rare classic cars for example certain items come onto the market and sell way over the asking price but then the holy grail car comes along with lots of intrest but does not sell as it did not meet the reserve of 2.5 million say. sold later for 2.25 million the market will always be dictated by buyers not the sellers and as you say true worth could go up down or never ever change at all.
Great thought provoking video Numi. You spoke up many reasons why people stack or buy numismatic coinage. I like diversity as you know so part of my stack is good for SHTF, part for investment, and finally part for the collector. Having said this, I look for coinage that has a track record, demand, and rarity. Likewise, I have purchased a few coins that are low mintage, but poorly advertised, so the masses are completely unaware of them and thus aren't valuable at all! Demand is so important. I now go after coinage with historical & present demand, coins that hold their value and appreciate, and hopefully lower mintage in comparison to similar coinage of another series. Coins that come to mind are the 2 Oz Lunar II bullion, 1 & 10 Oz Kookaburra, 1 Oz. Libertads dating back to 1982, 1 Oz/30 Gram Pandas and the like. These all have done extremely well. Thanks for the video!
+LadyLibertyStacker I think you are right about the demand. I have made a few mistakes and sometimes low mintage reflects low interest. The Lunar 2 bullion will be a good choice for a while as will the Pandas. I am not totally sure on the BU Libertads or the small looks. Pandas will probably do ok though not as well as the early ones. I like Chinese low mintage medals and I continue to like proof gold Libertads and pre-33 USA gold.
That is an excellent strategy! I really share your sentiments when it comes to accumulating bullion and collecting numismatic coins. I will admit, though, that you are far more vastly experienced than I could probably ever be. I get the impression many stackers out there, not to diminish their stacking efforts, get narrow-minded to some extent and think that numismatics is "bad" and even some dealers push the same concept, believe it or not. Some dealers I've come across online have called numismatics "rip-off gold" or "rip-off silver" and those comments, in my opinion, are completely ignorant and unfounded. Numismatics is a different market from your standard bullion stacking market, whether it be rounds, bars, government issue coins, or any other type of silver/gold that's not graded and slabbed like numismatic coins. The bottom-line is if a stacker/investor does not understand numismatics and what they are buying, then they simply should not buy them. I do collect/invest in both numismatics and bullion government issue coins and even some semi-numismatic coins (Mexican Libertads, Somali Elephants, Chinese Pandas, Australian Koalas and Kookaburras, etc.) The main thing to remember is for everyone to do their homework and figure out which coins (numismatic, semi-numismatic, or bullion) has the potential to generate strong or consistent appreciation. If any stacker, investor, or collector has the intent of turning over their stacks or any other types of coins one day for a profit, then they should know which is their best avenue to accomplish that for the best return on their investment. For numismatic products, I would recommend Ebay or a trusted and respected peer to peer transaction process even. In some cases larger dealers are a good way to sell back purely numismatic coins. Or if it's a very rare and valuable numismatic coin or set of coins, then perhaps an auction house might be a good choice to convert the coins into cash. For basic silver stacks that are cheaper to purchase with smaller premiums over spot, I recommend dealers or even local coin shops. For anything else that has even a slight semi-numismatic value, I would recommend Ebay as well. There are a lot of buyers and sellers on Ebay and the coin transaction business continues to grow with each passing day. I never thought I'd see so many dealers on Ebay trying to sell bullion. You'd be amazed which types of coins are being sold on Ebay, too. I know that was kind of long, but those are my thoughts on your video and strategy for coin purchases and investing in general. It's good to put your money where it can potentially grow the best. Great video and thanks for sharing your coins with us. I've learned a lot from you about coins, especially on the Libertads.
Most stackers I have met ultimately get bored with stacking silver and head to gold or numismatics. There is greater interest and I believe premiums are very misunderstood.
You are absolutely right about premiums. It is easy to get bored with just stacking silver bars or generic rounds. It's much better to be diversified as you've stated before and put money into other coins or numismatics to really generate some potentially higher returns on investment. I think the more people become interested in numismatics, the better for appreciation. With each passing day, I'm noticing how premiums continue to rise on numismatics and even semi-numismatics with growing interest and demand.
Great subject matter, I've been collecting since childhood. The collection is much smaller these days, I've flipped a few items for better pieces as well.
you make many good points. A lot of the modren stuff is based on how popular it is. I try and go on mintage and design. It is all very iffy really. I had made a point of the mint making silver coins and putting them in the general population of coins for people to find them in circulation. Lot of people love that idea that have given me feed back
Rarity of a coin is subjective & personal. It can depend on public speculation ultimately impacting the price in a very unrealistic way ($$$) because of mass hysteria ("I must have it" - mind set)! This can be an important consideration & is a particularly corrupt form of "contrived rarity" falsely created by ambitious coin dealers preying on collector weakness. There is a wealthy sea of coins out there & many we would love to have. Unfortunately most of us that collect or stack coins are not insanely rich and have to be more selective in our choices being very careful about needless over $pending or too overcautious & losing the opportunity to acquire a particular or special coin...bummer! All about balance! It's sometimes hard to hold to that buying philosophy...I can attest to that!
That's a good way of looking at it, if there are none available to purchase or are very difficult to find to purchase, they would be classified as rare.
Great topic!!! For myself anything pre 33 with a mintage under 250,000 I consider "Rare" For modern stuff feel it needs to be 5000 and under...but condition is a big key...a U.S. Presidential clad coin could be Extremely rare if it's an M.S. 70....Enjoyed listening!
+PART TIME PREPPERS The link between rare and valuable is the most interesting. I am not sure you can go after value but you can take an interest in the stories that make certain things more interesting than others. Some good advice has been given by Mr Numismetals to buy what you like and if you have good taste it will do well too.
I started as a purist stacker hunting low premiums and chasing spot, but I suddenly found myself selling my duplicates so I could have more variety... Soon after that I began accepting to pay a premium for a coin that completed some collection, and after that it was a slippery slope down the numismatic abyss. I try to stay away from really rare and expensive coins, but it is a struggle. Is there such a thing as NA (Numismatics Anonymous) for a lost recovering former stacker? Your channel is not helping!
A true stacker will never turn down a commemorative or limited edition if the price is right. Personally I'd even go slightly above normal metal price for some coins. I have a few gold and silver coins in my stack which are such. The gold coins even bought below spot as the faith wanted they were on auction and ended at a time where there wasn't many other buyers and those that where where probably ignorant general casual collectors - so I was lucky. So bought for the metal at below price and in addition having a potential numismatic value is a pure win/win. Now I'm only a small stacker with a normal income so there's a limit to how fast I can stack. I can understand if the big stackers tends to avoid such coins because usually you pay with your time instead - either there's a hefty markup at dealers or you'll have to hunt them down at auctions, private sellers etc. Also they usually take up more space as in order to preserve the numismatic value at its best it's necessary to keep the box and everything. Sure if bought for the metal you could just throw the box away or sell it - but I think for most people it would seem wrong. Also I like vintage coins. Many vintage European gold coins can still be had at prices very competitive to regular bullion. Only I see the benefit that they can with time gain significant numismatic value.
Whether you're coin collecting for investing or stacking is always a great conversation (older coins vs modern bullion ). Is there a right or wrong? I think if you like something and you want it,if you can afford it, buy it
Wow...I'm completely exhausted after that! I stopped counting but I'll take a wild guess you covered at least 1000 possibilities of coin rarity just rambling. I've watched your videos & will admit you have a good knowledge of coin collecting obviously due to years of exposure to many different kinds. For me I simply buy a coin mostly because of it's attraction but if I get a low mintage/circulation at a fair price.....those are added bonuses! I don't buy small denominations because of the high price over spot but would generally buy...say a 1oz gold coin & 1oz silver coin of similar design of BU quality. I think of it as a family... a mom & dad. Perhaps I'm a collector of these beauties but if I decided collecting for profit buying gold & silver bullion bars would be much more sensible & practical ...more for it's value as a precious metal than it's beauty. Also better liquidity & profit! At least for now I see no urgent need to dispose of them as some investors might...unless of course someone comes along & makes me an offer I absolutely can't refuse!
I am a pure investment guy, so mintage and rarety comes first and as you said history gets me biggest part of my collection are vintage silver bars almost all low mintage many on allengelhart.com site so i am aware of per oz cost but mintage is a primary concern which directly effects value i love your soverign ideas but gold silver ratio tells me to still focus on silver bu now i will buy scarce and rare soverigns vs march book, but on an oz basis dont compare to my silver, i buy numi ideas where mintage is limited
Ibuy big coins which often have low mintage have all the serirs 2 perth lunars in 5oz which have also been the leading performing size i like the 10oz queens beast not rare but i think look great
I focus on mintage mostly now post the wars sovs rated as scarce or rare is my focus i buy numi low mintage ideas and feel they will go up over time in silver i bought the larger size lower mintage lunar 2 for example the 2009 st gaudens were lower mintage and some feel the greatest usa coin ever made i bought several kept all th 70 grades
Excellent video. Actually required watching in my book! I do fancy the Q.B bullion, especially the 1/4 ounce golds. Is there any British BU 1/4 oz. gold series that might be comparable? I see graded versions are rare. Maybe this is a new category or, conversely, a fools errand? The premium is off putting on the 1/4's, but if they weren't meant to be a numismatic why were they priced so high (on a per ounce basis)? Take care, LL
Hey LL how are you doing? Premiums? Interesting.. What the market might bear? A mark of exclusivity? In relation to QB I think RM have a winner for once.. It will be very interesting later in the series
I'm afraid I have ignored your sage advice and bought a pile of these BU coins. I hope others find them interesting down the road, especially at $1600-$1700+ an ounce! 1/4 oz gold's are out of stock again at RMB, so I am not alone in my madness!
+losinglouie I managed to get the one only but bought 3 more silver ones. I hear they have now finished the 1/4 lions so it may be that mintage will be low on that
Hi: That is interesting news. Do you think there will be a second year of the 1/4 ounce gold. I have been in discussion with the sponsor dealer, and he indicated that the 1/4 oz gold was a special request, and not originally part of the series. I sure hope they continue it to coin number 2. I also noticed they sold a ton of the 1/4 oz golds really fast, then were out again. Take care, LL
I'm a silver stacker, but I wouldn't be if a seriuosly sudden jump in real appreciation became an opportunity to take advantage of a much closer silver to gold ratio. BTW I read that many sovereigns that had been sweated, lost weight!! we're recalled and reminted. Have I recalled correctly?
harryzero 156 this century over 90,000,000 Sovereigns were melted. Previously the big selling point of Sovereigns is that they could reliably be a certain weight in grains of gold and as such they were regularly taken back if found to be underweight and melted to be replaced with newly minted Sovereigns.
I am a collector so mintage and rarety is everything in collecting, you showed a rare stamp to start video i collect stamps too but not organized like my metals
Yeppers on rare ≠ valuable. I picked up a $5 gold 150th anniversary of the Medal of Honor commemorative because it had the lowest mintage of any US commemorative ever. Turns out that happened because apparently nobody wanted it. Whoops.
I simply collect old coins because i like them
Really an excellent talk Numi, I greatly enjoyed it. It's very useful to hear some of your reasonings on rarity, mintages and valuations... these are things I have been thinking about a lot.
I don't invest in silver coins but I collect Silver coins because I like them and I want at least one of every coins
That's interesting, especially the idea of "contrived rarity". Gives pause for thought over a few potential purchases.
+Slugerveldt The mints are expert contrivers at the moment..
I really enjoyed listening to these thought provoking subjects. Thank You so much my friend. Me, I stack generic verifiable silver and gold, and am working on an AU/BU Morgan collection. I will never get a complete collection in AU/BU because of Key date values, But Ultimately I will complete the collection in lower grades, with great satisfaction and enjoyment as i go.
Been rolling through your videos ( inbetween x factor on the tv) this evening and I really enjoy them. Being new to collecting, your videos are great and easy to follow. Thanks for posting and I have sub'd to your channel.
Good video especially like your final comments on diversification strategies thanks!
Great topic! I think that the majority in this community are stackers and at the same time, collectors. As for myself. I buy what I like and what I can afford. I noticed that I progressed from just wanting to build ounces in silver (and I chose to stack ASEs and American Buffalo Round and Incused Indian Round) to desiring to collecting sets of coins, like I have decided and started to collect the Peace Dollar date and mint sets that are graded- which was not in my initial plan. I started out wanting to save in silver only, but now have been adding fractional gold to my stack.
I think in many ways stacking has saved the hobby of coin collecting ))
Appreciate the advice and thoughts presented in your video.
Thanks numi for all you do here i buy lots of your ideas and feel lucky to have them
Amazingly helpful!
Great, informative video. Thanks for sharing!
Great info! Thank you!
Great video. I am new to this and on a low spend at the moment so my strategy just now is pre-47 silver with a toe dipping into the lunar collection (couple of half ounces). What are the benefits of slabbing when first purchased vs casing them and getting them verified and slabbing down the line? How much does slabbing vary in price per coin?
I follow your guide focus on lower mintage key years and I guess I am in that stacker group that always aware of per ounce cost but I will pay premium if mintage low
Great video and very informative!
I have an ngc ms69 but i question its grading. Should I?
very good subject my view on what something is worth basically is that something is worth only what someone is willing to pay for it and if they decide they really want it may pay over the odds. but that does not mean it is now worth what they paid for it. like fine art or rare classic cars for example certain items come onto the market and sell way over the asking price but then the holy grail car comes along with lots of intrest but does not sell as it did not meet the reserve of 2.5 million say. sold later for 2.25 million the market will always be dictated by buyers not the sellers and as you say true worth could go up down or never ever change at all.
Great video thanks numi
you have to enjoy coin collecting after all its a hobby like guys who collect old cars
Great thought provoking video Numi. You spoke up many reasons why people stack or buy numismatic coinage. I like diversity as you know so part of my stack is good for SHTF, part for investment, and finally part for the collector. Having said this, I look for coinage that has a track record, demand, and rarity. Likewise, I have purchased a few coins that are low mintage, but poorly advertised, so the masses are completely unaware of them and thus aren't valuable at all! Demand is so important. I now go after coinage with historical & present demand, coins that hold their value and appreciate, and hopefully lower mintage in comparison to similar coinage of another series. Coins that come to mind are the 2 Oz Lunar II bullion, 1 & 10 Oz Kookaburra, 1 Oz. Libertads dating back to 1982, 1 Oz/30 Gram Pandas and the like. These all have done extremely well. Thanks for the video!
+LadyLibertyStacker I think you are right about the demand. I have made a few mistakes and sometimes low mintage reflects low interest. The Lunar 2 bullion will be a good choice for a while as will the Pandas. I am not totally sure on the BU Libertads or the small looks. Pandas will probably do ok though not as well as the early ones. I like Chinese low mintage medals and I continue to like proof gold Libertads and pre-33 USA gold.
I couldn't find the 2 oz silver anywhere. These are awesome coins! thanks for the video, otherwise we'd never see these.
That is an excellent strategy! I really share your sentiments when it comes to accumulating bullion and collecting numismatic coins. I will admit, though, that you are far more vastly experienced than I could probably ever be.
I get the impression many stackers out there, not to diminish their stacking efforts, get narrow-minded to some extent and think that numismatics is "bad" and even some dealers push the same concept, believe it or not. Some dealers I've come across online have called numismatics "rip-off gold" or "rip-off silver" and those comments, in my opinion, are completely ignorant and unfounded. Numismatics is a different market from your standard bullion stacking market, whether it be rounds, bars, government issue coins, or any other type of silver/gold that's not graded and slabbed like numismatic coins. The bottom-line is if a stacker/investor does not understand numismatics and what they are buying, then they simply should not buy them.
I do collect/invest in both numismatics and bullion government issue coins and even some semi-numismatic coins (Mexican Libertads, Somali Elephants, Chinese Pandas, Australian Koalas and Kookaburras, etc.) The main thing to remember is for everyone to do their homework and figure out which coins (numismatic, semi-numismatic, or bullion) has the potential to generate strong or consistent appreciation. If any stacker, investor, or collector has the intent of turning over their stacks or any other types of coins one day for a profit, then they should know which is their best avenue to accomplish that for the best return on their investment. For numismatic products, I would recommend Ebay or a trusted and respected peer to peer transaction process even. In some cases larger dealers are a good way to sell back purely numismatic coins. Or if it's a very rare and valuable numismatic coin or set of coins, then perhaps an auction house might be a good choice to convert the coins into cash. For basic silver stacks that are cheaper to purchase with smaller premiums over spot, I recommend dealers or even local coin shops. For anything else that has even a slight semi-numismatic value, I would recommend Ebay as well. There are a lot of buyers and sellers on Ebay and the coin transaction business continues to grow with each passing day. I never thought I'd see so many dealers on Ebay trying to sell bullion. You'd be amazed which types of coins are being sold on Ebay, too.
I know that was kind of long, but those are my thoughts on your video and strategy for coin purchases and investing in general. It's good to put your money where it can potentially grow the best. Great video and thanks for sharing your coins with us. I've learned a lot from you about coins, especially on the Libertads.
Most stackers I have met ultimately get bored with stacking silver and head to gold or numismatics. There is greater interest and I believe premiums are very misunderstood.
You are absolutely right about premiums. It is easy to get bored with just stacking silver bars or generic rounds. It's much better to be diversified as you've stated before and put money into other coins or numismatics to really generate some potentially higher returns on investment. I think the more people become interested in numismatics, the better for appreciation. With each passing day, I'm noticing how premiums continue to rise on numismatics and even semi-numismatics with growing interest and demand.
Great subject matter, I've been collecting since childhood. The collection is much smaller these days, I've flipped a few items for better pieces as well.
you make many good points. A lot of the modren stuff is based on how popular it is. I try and go on mintage and design. It is all very iffy really. I had made a point of the mint making silver coins and putting them in the general population of coins for people to find them in circulation. Lot of people love that idea that have given me feed back
+Brian TheLog Is it better to follow or lead? thats another whole video by itself.
+Numistacker it really all depends on the situation my friend
How much was that gold set that you just shown very nice very classy
Great review
How can you determine the mintage/rarity of a coin, if for example you see one on Ebay, but have no idea about that coin?
Lord Random google it that’s what I do
Rarity of a coin is subjective & personal. It can depend on public speculation ultimately impacting the price in a very unrealistic way ($$$) because of mass hysteria ("I must have it" - mind set)! This can be an important consideration & is a particularly corrupt form of "contrived rarity" falsely created by ambitious coin dealers preying on collector weakness.
There is a wealthy sea of coins out there & many we would love to have. Unfortunately most of us that collect or stack coins are not insanely rich and have to be more selective in our choices being very careful about needless over $pending or too overcautious & losing the opportunity to acquire a particular or special coin...bummer! All about balance! It's sometimes hard to hold to that buying philosophy...I can attest to that!
Excellent video and great eye opener!! :-D
+~cOiN*cOllEcTiNg*fUn~ Thanks very much hope it did not turn into an eye closer due to length ))
+Numistacker :-D
That's a good way of looking at it, if there are none available to purchase or are very difficult to find to purchase, they would be classified as rare.
Great topic!!! For myself anything pre 33 with a mintage under 250,000 I consider "Rare" For modern stuff feel it needs to be 5000 and under...but condition is a big key...a U.S. Presidential clad coin could be Extremely rare if it's an M.S. 70....Enjoyed listening!
+PART TIME PREPPERS The link between rare and valuable is the most interesting. I am not sure you can go after value but you can take an interest in the stories that make certain things more interesting than others. Some good advice has been given by Mr Numismetals to buy what you like and if you have good taste it will do well too.
I started as a purist stacker hunting low premiums and chasing spot, but I suddenly found myself selling my duplicates so I could have more variety... Soon after that I began accepting to pay a premium for a coin that completed some collection, and after that it was a slippery slope down the numismatic abyss. I try to stay away from really rare and expensive coins, but it is a struggle. Is there such a thing as NA (Numismatics Anonymous) for a lost recovering former stacker? Your channel is not helping!
A true stacker will never turn down a commemorative or limited edition if the price is right. Personally I'd even go slightly above normal metal price for some coins.
I have a few gold and silver coins in my stack which are such. The gold coins even bought below spot as the faith wanted they were on auction and ended at a time where there wasn't many other buyers and those that where where probably ignorant general casual collectors - so I was lucky. So bought for the metal at below price and in addition having a potential numismatic value is a pure win/win. Now I'm only a small stacker with a normal income so there's a limit to how fast I can stack. I can understand if the big stackers tends to avoid such coins because usually you pay with your time instead - either there's a hefty markup at dealers or you'll have to hunt them down at auctions, private sellers etc. Also they usually take up more space as in order to preserve the numismatic value at its best it's necessary to keep the box and everything. Sure if bought for the metal you could just throw the box away or sell it - but I think for most people it would seem wrong.
Also I like vintage coins. Many vintage European gold coins can still be had at prices very competitive to regular bullion. Only I see the benefit that they can with time gain significant numismatic value.
Whether you're coin collecting for investing or stacking is always a great conversation (older coins vs modern bullion ). Is there a right or wrong? I think if you like something and you want it,if you can afford it, buy it
whether they're rare or not
Wow...I'm completely exhausted after that! I stopped counting but I'll take a wild guess you covered at least 1000 possibilities of coin rarity just rambling. I've watched your videos & will admit you have a good knowledge of coin collecting obviously due to years of exposure to many different kinds. For me I simply buy a coin mostly because of it's attraction but if I get a low mintage/circulation at a fair price.....those are added bonuses! I don't buy small denominations because of the high price over spot but would generally buy...say a 1oz gold coin & 1oz silver coin of similar design of BU quality. I think of it as a family... a mom & dad. Perhaps I'm a collector of these beauties but if I decided collecting for profit buying gold & silver bullion bars would be much more sensible & practical ...more for it's value as a precious metal than it's beauty. Also better liquidity & profit! At least for now I see no urgent need to dispose of them as some investors might...unless of course someone comes along & makes me an offer I absolutely can't refuse!
+Rick Rodrigues I think now is a reasonable era to pick up numismatic rarities so keep stacking and collecting
Thanks Numi old chap!
I try to stack as much as I can but ended buying a few more hard to get items sometimes.
Is that honus Wagner yours? I have always been intrigued by that card as I am from Pittsburgh...
+HeavyMetal CoinStacker no not mine )) I don't have any cards
Throughly enjoyed this video Numistacker
Thanks so much Pure Gold
absolutely great video. i myself am trying to figure out what i am. i collect and stack.
+au/ag·tigershark Me too i stack what i like and i hope that my taste will be picked up by others looking forward. Hope i am right ))
A good tool to check rarity and other statistics of a coin is Numista.
+Kevin Grootaers Gread advice Kevin thanks for that.
I am a pure investment guy, so mintage and rarety comes first and as you said history gets me biggest part of my collection are vintage silver bars almost all low mintage many on allengelhart.com site so i am aware of per oz cost but mintage is a primary concern which directly effects value i love your soverign ideas but gold silver ratio tells me to still focus on silver bu now i will buy scarce and rare soverigns vs march book, but on an oz basis dont compare to my silver, i buy numi ideas where mintage is limited
Ibuy big coins which often have low mintage have all the serirs 2 perth lunars in 5oz which have also been the leading performing size i like the 10oz queens beast not rare but i think look great
I focus on mintage mostly now post the wars sovs rated as scarce or rare is my focus i buy numi low mintage ideas and feel they will go up over time in silver i bought the larger size lower mintage lunar 2 for example the 2009 st gaudens were lower mintage and some feel the greatest usa coin ever made i bought several kept all th 70 grades
Excellent video. Actually required watching in my book! I do fancy the Q.B bullion, especially the 1/4 ounce golds. Is there any British BU 1/4 oz. gold series that might be comparable? I see graded versions are rare. Maybe this is a new category or, conversely, a fools errand? The premium is off putting on the 1/4's, but if they weren't meant to be a numismatic why were they priced so high (on a per ounce basis)? Take care, LL
Hey LL how are you doing? Premiums? Interesting.. What the market might bear? A mark of exclusivity? In relation to QB I think RM have a winner for once.. It will be very interesting later in the series
I'm afraid I have ignored your sage advice and bought a pile of these BU coins. I hope others find them interesting down the road, especially at $1600-$1700+ an ounce! 1/4 oz gold's are out of stock again at RMB, so I am not alone in my madness!
+losinglouie I managed to get the one only but bought 3 more silver ones. I hear they have now finished the 1/4 lions so it may be that mintage will be low on that
Hi: That is interesting news. Do you think there will be a second year of the 1/4 ounce gold. I have been in discussion with the sponsor dealer, and he indicated that the 1/4 oz gold was a special request, and not originally part of the series. I sure hope they continue it to coin number 2. I also noticed they sold a ton of the 1/4 oz golds really fast, then were out again. Take care, LL
I'm a silver stacker, but I wouldn't be if a seriuosly sudden jump in real appreciation became an opportunity to take advantage of a much closer silver to gold ratio. BTW I read that many sovereigns that had been sweated, lost weight!! we're recalled and reminted. Have I recalled correctly?
harryzero 156 this century over 90,000,000 Sovereigns were melted. Previously the big selling point of Sovereigns is that they could reliably be a certain weight in grains of gold and as such they were regularly taken back if found to be underweight and melted to be replaced with newly minted Sovereigns.
I am a collector so mintage and rarety is everything in collecting, you showed a rare stamp to start video i collect stamps too but not organized like my metals
👍
Everything eventually comes down to "supply AND demand!"
I like a coin I can physically hold and not just look at
The more gold I have the more I am looking for something rare or unusual. Many of the same just is boring?
+bohemianh yes agree generally. Very rare is numismatic and that can be good or bad but it more risky
Yeppers on rare ≠ valuable. I picked up a $5 gold 150th anniversary of the Medal of Honor commemorative because it had the lowest mintage of any US commemorative ever. Turns out that happened because apparently nobody wanted it. Whoops.
Rarity = How many are available
Value = How many are desired
Value = how many are desired that can't be supplied due to rarity?