Which silver bullion coins are the best to acquire?

if things get as dire as the OP suggests it will just be bullion.

 

Log in or Sign up to hide this ad.

Keep buying. That would then bring my average price per ounce paid down even more. I'm in my mid-30s and this purchasing is coming out of discretionary funds. I can hold for quite a while. If I did have to sell at a lower price than what I have paid for some unforseen life event, then atleast I have my hands on something that has value and is recognizable as such. Someone somewhere will always be willing to buy silver.

 

Call me crazy, but I find life much more enjoyable when I deal with things as they are rather than what might, could, possibly, potentially happen. I always think back 12 years ago when Y2K was going to bring humanity to its knees, in the minds of many, many people. I think we all remember what happened there. Of course, it could happen and, of course, I could win the Powerball lottery also. All things considered, I'm going to keep purchasing Pandas.

People make mistakes on both sides of the issue. Some choose not to do things that might be enjoyable because they are overly concerned about what might happen in the future. Others have no concern for the future and end up paying for it later on. The sweet spot, as in most things, lies somewhere in the middle.

 

Because of your recommendation I looked into the Panda's as I really like the design and the fact that it changes yearly. However, I thought I read somewhere that they stopped limiting the mintage on Panda's in 2010 and that they now mint similar to the ASE's, no limit. If this is in fact true, wouldn't this mean the Panda's will loose the accelerated increase in their premiums? Thus making them more similar to ASE's?

 

According to Wikipedia the mintage on 2011 Pandas was 6 million, as compared to 1.5 million in 2010, and 600,000 in previous years. I would agree with the likelihood that premiums on the 2011's and 2012's will not go up as quickly, but I still think they are a decent buy. Granted I wouldn't pay more than $5 premiums for them in light of the mintage changes, but I don't think they will ever carry as low of a premium as an ASE since those are something astronomical like 40 million per year, and the design doesn't change. I like pandas for collecting (small quantities), but for stacking I prefer ASE's and maple leaves.

 

Also, the 2012 mintage is being projected at 8 million. It will be interesting to see what sort of premium these carry when they are released, which should be soon. I agree a $5.00 premium on the buy would be about right. Then, it will be interesting to see what sort of premium they command on the sell. However, we won't know that for a while. I don't buy Pandas for stacking, but for collecting. My primary stacking vehicle is the ASE also. As you stated here, I have no problem buying the 2012 Pandas, as I really like the coin, but don't intend on "betting the farm" on them.

 

Lot of fake Pandas.

http://www.pandacollector.com/rogue.html

http://reviews.ebay.com/Guide-to-Detecting-Counterfeit-Chinese-Panda-Coins_W0QQugidZ10000000002807263

 

I agree that while the mintage of the panda's is increasing it is still far short of the ASE. I like the idea of buying panda's for collection and stacking ASE's. I know I'm late to the game for the wolf and grizzly but I would like to acquire a tube of each of the six animals in this series. I really like the low mintage, popularity of the two and think the cougar will increase may not catch up but I think it will increase above the current $4 premium. Fast forward, I believe having a tube of each will be great investment / collection as you will have 25 BU sets of the entire series. I am thinking the complete set of six coins will command a better premium as a whole versus breaking each coin out.

 

The Canadian Wildlife series is my favorite, aside from the Perth Lunar, but one thing to consider is that the 9999 Canadian coins (and yes I love four 9's, purity is tasty) tend to have a higher likelihood of milk spotting. A lot of my wildlife series has milk spots except for the ones that come in sealed plastic. If you can order from the mint when they come out in quantities of less than 20 (or possibly APMEX, not positive) you may be able to get some sealed ones. As much as I like this series, I don't look at it for stacking. I'm an accumulator of silver, and haven't sold any that I didn't turn around and buy more silver with as of yet, but this series is probably one I will flip a few of since I think the entire set will command a nice premium, and it will be done in 2013.

 

I am just starting my silver collection and just grabbed 5 ASE's from provident metals. A few months ago I bought a uncirculated AE silver uncirculated from the US MINT, w/ box, around $43, but I'm thinking that if I start to purchase quantity for bullion purposes it is wise to buy from a distributor and not have to deal with the packaging which takes up space. And it is cheaper...