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Thread: Coins, rounds, bar or junk???????

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  1. #1
    Join Date
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    Default Coins, rounds, bar or junk???????

    Coins, rounds, bar or junk???????

    Do you have a favorite? Why?

    Just a basic overview for the new folks.

    Coins have a face value stamped on them and stamped by the governent of the country of issue.

    Rounds are not stamped by a set value. In other words void of such markings. Could be plain as generic Buffaloes, or the round makers company designs. Some can be limited editions, like Disney or comic book charactors.

    Bars are just that, bars. They come in various weights and the 1 & 10 oz. sizes being the most popular.

    Junk coins are old coinage sold in bulk, 90% silver being the most common, followed by sterling silver and then lastly the Canadian 80% silver coins.

    Within the last year the PREMIUMS have increased more than I've ever seen or experienced. All the above have premiums and they vary from time to time. But usually the mint created coinage carries a higher premium. I just saw a you-tube and bars were just slightly more which is unusual. I will try to include a link.

    https://www.youtube.com/watch?v=1CdhELhGJWM&t=17s (4:23 minute mark is interesting)
    Lots of videos available.

    I like all the first three basic types I listed and own little junk as it is hard to find up here. Coins are the most in my collection, followed by bars then rounds take 3rd. place. I will buy bars if they catch my eye and the premium is to my liking. But I started early in this game of metals thus my coins out number anything else.

    Phycology come into play choosing one over the other. I find those that chose coins and rounds own few bars and not very comfortable in buying bars. Maybe attributed to the lack of research, and thus a slight mistrust. The larger size bars such as the 10oz. size are pretty popular, more so than the 1oz. size, probably due to paying less of a premium. There are some new bars that have hit the market recently with security features but will let you research those yourselves.

    In the past 2 or 3 years or so, maybe a bit longer, coins like the Turtle, were collected like crazy by dates. When is the last time you heard about the Turtle? Pandas, Kooks, Kangaroos as well as the new silver Krugerrand were the common coins of the day. Trends sure do change over time.

    Let us know favorites and your views. Cheers ..PS...there are no rules, just common sense.
    ...be your own Health Care System... grow your own and eat well

  2. #2

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    Some of each mostly America Silver coins.

  3. #3

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    mostly junk. lowest premiums over the years. bars of 1,5,10,20,kilo and 100 ozters.
    govt coins. ASE's over the years when the premiums were only up to $2 over spot, when rounds were only 37 cents over spot, Maples only $1 over and ASE's $2 over.

  4. #4

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    I like poured bars and BU junk.

  5. #5

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    15% coin
    50% rounds
    20% bars
    15% junk (90%)

    I'm interested in the metal only at the lowest premium. In my view premiums have gotten a bit extreme so I am not buying much right now.

  6. #6

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    Over the years I've bought gold and silver for the lowest price I can find and nothing under 90% on silver. Sometimes even under spot. Now I've quit buying silver since the premiums have run so high, but still picking up gold coin when I can find at reasonable low premium.
    Stacking since the late 1970's

  7. #7

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    I'm a 64 Dime kind of guy. Love the little buggers.

  8. #8
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    Mar 2009
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    The dip didn't last long nor was it deep enough. Just my personal view.

    Now however, the stars are looking to be lining up for an increase in the metals. Anytime the U$Dollar drops as much as it has recently, metal prices rise. Then add in uncertainty in CBDC, the Fed and gov. deficit mistrust on top of that. That equals....Bingo Baby. haha
    ...be your own Health Care System... grow your own and eat well

  9. #9

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    Quote Originally Posted by digbird View Post
    The dip didn't last long nor was it deep enough. Just my personal view.

    Now however, the stars are looking to be lining up for an increase in the metals. Anytime the U$Dollar drops as much as it has recently, metal prices rise. Then add in uncertainty in CBDC, the Fed and gov. deficit mistrust on top of that. That equals....Bingo Baby. haha
    I sure hope you are right, I took a major risk (for me) and bought a large (again for me) chunk of the NUGT EFT early last week.
    American Legion Preamble: https://www.legion.org/preamble

  10. #10
    Join Date
    Mar 2009
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    Still finding $7.00 premiums for Britannia's up here. Frustrating indeed, especially when silver is off a bit, due to the interest rates rising this week.

    $1.79 is a gift LongDon.
    ...be your own Health Care System... grow your own and eat well

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