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SDCrow's Last 20 Posts
| What Ratio Is Good/Normal For Collecting/Iinvesting
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SDCrow
Valued Member
United States
456 Posts |
 Posted 08/02/2014 12:55 pm
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Gold is absolutely easier to sell than Pt/Pd. That being said, they can still be sold relatively easily. I am a big fan of Pt group metals, and think they make just as much sense to hold as either gold or silver. I disagree with Libertad's assessment that industrial metals are held for no reason other than tradition or fear. They're held because of the fact that they are rare and useful, which is what makes them valuable.
As for your ratios, what you propose looks reasonable. I shoot for a 1:1:1:1 ratio in terms of value. That way, when ratios change, I'm buying what's cheaper relative to the others to keep my desired ratio. |
| | Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum |
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| Anyone Put Together A World Bullion Coin Collection?
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SDCrow
Valued Member
United States
456 Posts |
Posted 08/01/2014 4:59 pm
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Actually, I'm a collector of them all. I have around 80% of the 320-ish coins. Having said that, though, its going to be tough to continue. As you can see the number of new series has exploded in the last few years. I liked working on all of them simultaneously as it let me be patient and add coins when I found what I thought was a below market price. I don't concern myself to much with price relative to spot. I'm more concerned with price compared to what others are paying for the same thing. I would like to think I bought a majority of coins this way. If I were starting today I would focus on my favorites, add the new coins in the year they are released as the premium is the lowest, and be patient. Deals come along all the time. And when a good opportunity presents itself, be ready to take full advantage. Finally, if I was starting from scratch, I would focus on the series that change designs. Those tend to appreciate in value more than some of the mono-design series... And they are far more interesting to this collector. Examples:
5 oz ATB's!
Any Aussie series
Pandas
Pre-2012 Britannia's (same annual design going forward)
The various African wildlife/animal series.
Another option is to get as many coins in the issue year. That's actually how I started. For example, I haven't checked the exact numbers, but we've got to be pushing 30 unique 1 oz coins for 2014 alone. I would expect that number to only grow from here. |
| | Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum |
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| Anyone Put Together A World Bullion Coin Collection?
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SDCrow
Valued Member
United States
456 Posts |
Posted 08/01/2014 02:37 am
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I assume the OP is talking about BU bullion coins, based on the list provided. Here's what I can think of. I'm sure there are others that I've missed:
Mexican Libertad 1982-Present
South Africa Krugerrand 1983
ASE 1986-Present
Canadian Maple Leaf 1988-Present
Chinese Panda 1989-Present
Australian Kookaburra 1990-Present
Australian Kangaroo 1993-Present
UK Britannia 1998-Present (.958 fine until 2012, .999 fine 2013-present)
Somali Monkey 1998-2004 <= fun series to put together
Zambia Elephant 1998-2003 (prequel to somalia elephants)
Australian Lunar Series I 1999-2010
Mexico Wildlife 2000-2001 (10 coin series, 4 in 2000, 6 in 2001)
Somalia Elephant 2004-Present
New Zealand Kiwi 2004-2011
Australian Koala 2007-Present
Austrian Philharmonic 2008-Present
Rwanda Wildlife 2008-Present
Australian Lunar Series II 2008-Present
Andorra Eagle - 2008-2009, 2011, 2013-?
Cook Islands 2009-Present
Kazakhstan Irbis (Snow Leopard) 2009-2010
Russia St. George 2009-2010
Malawi Springbok 2010-2011
Fiji Taku 2010-2013
Canadian Wildlife 2011-2013 (6 coins, 2 each year)
Armenia Noah's Ark 2011-Present
Ukraine Archangel 2011-Present
Kiwi Treasures 2012-Present
Gabon Springbok 2012-Present
Suriname Map 2013
Tokelau Lunar 2013-Present
Australian Stock Horse 2013-Present
UK Lunar 2014
Benin Elephant 2014
Isle of Man Angel 2014
Canadian Birds of Prey 2014 (2 this year)
Australian Saltwater Croc 2014
Australian Wedge-Tailed Eagle 2014
Niue Hawksbill Turtle 2014
Like I said, I'm sure I missed some of the newer ones that have popped up recently, but based on the series shown above, there's somewhere around 320 individual coins, all 1 oz. My personal favorite, however is:
US America The Beautiful 5 oz 2010-Present (5 coins each year) |
| | Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum |
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| What Do These Sell For Over Spot? (Old Silver Bars)
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SDCrow
Valued Member
United States
456 Posts |
Posted 07/10/2014 12:01 am
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Quote:
But I`ll keep my rant to myself as I don`t think these old, "rare" silver bars will hold their value over time and because there are others who have strong conflicting views.
You could be right. You could be wrong. All we really have are the current market conditions.
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Everyone is entitled to their opinions. . .
I completely agree.
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Dealers aren't fools, they know what they have.
Not always the case. I've bought many bars from dealers for very close to spot that I've sold for anywhere from 30-300% profit. There's deals out there.
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I strongly advise against investing in Collector Bullion for any purpose other than your own personal collection as it isn't a investment you will get a return on in the decades to come.
Stating this as fact is reckless. You simply don't and can't know that. Again, in general, current market conditions contradict your statement. Does that mean I'm recommending going out and buying only 'collectible bullion'? Of course not.
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When it comes time to sell dealers will hang you out to dry. Just my 2 troy ounces
Finally, selling to dealers is one of the worst things someone could do with something that is collectible. Go straight to the collector if you're looking to sell.
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| | Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum |
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| What Do These Sell For Over Spot? (Old Silver Bars)
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SDCrow
Valued Member
United States
456 Posts |
Posted 07/09/2014 2:45 pm
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I know there's a lot of people who don't understand or agree with any premium associated with 'old silver bars', but that provides opportunities and advantages to those who do follow the market... whether they're collectors or not. I personally have no idea where Engelhard/JM pour premiums will go in the future, but I'd like to think I have a pretty good grasp of where they are right now. So, when I walk into a coin shop and the dealer who 'doesn't believe' in any silver bar premiums has a 10 oz NTR bar lying next to a 10 oz poured Engelhard and he's asking the same price... it's an easy decision for me. I can say from experience that I've seen dealers at the same show selling the same style of bar at spot + $1 and the other was asking 2x spot.
I took the OP's post as a question of fair market value in the case he/she was looking to sell his/her bars. By doing a little due diligence, you can find that these bars are collectible, and have an appreciable premium when sold directly to collectors, regardless of anyone else's opinion. Even if 99 out of 100 people in the market have the opinion that 'silver is silver', it's relatively easy to make my bar available to the 1 who collects.
Sensible or not, sustainable or not, that's the reality as I see it. |
| | Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum |
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| What Do These Sell For Over Spot? (Old Silver Bars)
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SDCrow
Valued Member
United States
456 Posts |
Posted 07/07/2014 01:05 am
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there are no premiums on silver bars...
Only a premium when you buy them from a dealer. "This is an OLD silver bar"
Bullcarp...
Silver bullion is silver bullion, it's worth spot + if you are a dealer, spot - if you are a consumer.
Don't fall into the trap that people tell you. silver bars are silver bars period...
The only caveat is that if it has something famous attached to it. Part of a famous shipwreck or something. And then only with provenance.
Again, bullion is bullion period.
^ This is just ridiculous. Of course there is a market and (significant) premium on some bars. 4 and 7 oz Engelhards sell on the order of thousands of dollars. . . I'd love to be the sucker to pay a 20% premium for one of them.
As for the question at hand. . . a fair premium on the 20 oz is probably 40-50%. I'd buy as many as possible at a 20% markup! The 10 oz poured JM wouldn't be as high. . . maybe 20% give or take. Not really sure on the 5 oz JM. It's sealed, which will appeal to JM collectors. Perhaps similar to the 10 oz poured JM (~20%). Really no clue on the last one. |
| | Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum |
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| Best First Gold To Buy?
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SDCrow
Valued Member
United States
456 Posts |
Posted 07/05/2014 11:28 am
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In my opinion, people make too big of a deal about the premiums on small gold. Yes, of course you pay more per oz for a 1/10 piece compared to a 1/4 or 1/2, but that doesn't mean it's 'worse' to buy. The reason being is that when you sell that 1/10, you also get more per oz over spot than you would for a 1/4 or 1/2 oz. In my experience, I've had no trouble recouping $15 over spot for a 1/10 gold eagle, or $20-25 over for a 1/4 oz.
Concentrate on getting a fair deal, and look at what you can sell for. Overpaying for proof gold is also not the best idea in my opinion. If, on the other hand, you can find proof gold for BU prices, then by all means go for it. I've bought many pieces this way. Good luck! |
| | Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum |
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| 1/10th Oz Platinum Coin Vs 1/10 Oz Gold Coin?
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SDCrow
Valued Member
United States
456 Posts |
Posted 06/01/2014 3:46 pm
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| If you bought a 1/10 platinum eagle, it would be no harder for a dealer to authenticate than a gold coin. At this point in time, I would prefer the 1/10 Pt coin, though it most certainly will cost more. The price of Pt is higher, and the premium for Pt coins is generally higher than Au. You mention gold maples and platinum eagles, but you might also consider American gold eagles and platinum Canadian maples (which also can be had in 1/20 oz). Good luck! |
| | Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum |
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| Better Bullion?
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SDCrow
Valued Member
United States
456 Posts |
Posted 05/20/2014 01:24 am
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| Engelhard > original (no letter prefix) Johnson Matthey > the rest. It's all silver, but that's my preference... And that's what the market prices reflect as well. If they're priced the same for you locally, I think it would be worth your time to pick out the Engelhard and JM bars. |
| | Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum |
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| Which 10oz Bar Would You Buy
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SDCrow
Valued Member
United States
456 Posts |
Posted 04/29/2014 11:22 pm
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| There's a 10 oz Scottsdale silver coinbar? I knew there were 1 oz, but I haven't heard of or seen a 10. If it were me and I liked them all equally and they were all priced the same, I'd pick the one that was most likely not going to be there the next time I stopped by and/or the hardest to find elsewhere. In other words, I'd buy the Gold Standard bar. |
| | Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum |
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| ATB 5 Oz. Coins
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SDCrow
Valued Member
United States
456 Posts |
Posted 04/27/2014 2:39 pm
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| Since you mention original capsule, you must be talking about the collectors version issued by the mint. Just curious why you would consider ditching the original packaging and capsule? I would keep it together. Some people scoff at the idea that packaging matters, but I agree with zxcccxz. |
| | Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum |
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| Which Silver Bullion To Buy?
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SDCrow
Valued Member
United States
456 Posts |
Posted 04/25/2014 6:17 pm
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If you plan on selling these, all the more reason in my opinion to buy coins with alternating designs. Please compare the selling price of a 2012 Kookaburra to a 2012 eagle. Please compare the price of a 2011 panda to a 2011 eagle. Please compare the price of a 2008 koala with a 2008 eagle, etc. Saying folks will not pay a premium is simply not true. Sure, some may not want them and some may not pay more for them. Easy fix: sell to those who will... there's plenty of them out there. There's very little potential premium upside to a 2014 silver eagle with a mintage of 40 million coins.
With everything I've mentioned aside, the op also wanted something rare... something an ASE is not, in terms of both design and mintage.
Edit: You beat me to it traevin. Sorry to repeat some of the points you made. |
| | Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum |
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