any thoughts guys and gals?

While cashing in some 1989 ML I asked the gent, premiums, what classes a premium, Kook's, kangaroo's, proofs, privy, ASW, Rare dates, etc.
I know they are a dealer, and need too make a cut, but when I'm told a five piece proof Libertad set 1993-94 is only worth $40, time to go online?

 

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Odd because they gave slightly over spot for the common date ML's.

 

Oh. and only said spot for everything else, Now my #1 guy ways not there so....

 

The dealers I buy from pay around spot for EVERYTHING. I buy Pandas. kook's, privy maple leaves, and other misc. for the same price as a generic bar. Perhaps you should buy from them and sell on online like you mentioned.

 

That's disturbing..........

Collectors take note...........

 

Dont forget, if you sell online its a fee from eBay, a fee from Paypal plus handling time/costs (and shipping if you offer free shipping). Sometimes levels the playing field.

 

Then what is the point of a low mintage privy say 1998 Titanic 25,000 mint, or a 1992 proof Libertad set 5002 mint?
Am I going to sell my 1995W ASE for spot?
Something is wrong here.
Oh and you can keep Fleabay.

 

Collectors do. Most collectors shy away from the bullion forum. Why? Because we ain't going to get what a collectible is worth bullion wise. Bullion is bullion and collectible is collectible. Stackers are slackers in collectibility.......metal worth is what they're mainly concerned with.

And I'll take that '95 W from ya for spot.......

 

Galen59
Besides green18's comment, explain what your last statement ties into? I don't see a post that would cause it. Certainly not post #6. He's talking about low priced (spot) common bullion and keeps it to a "sometimes" situation.

 

I still can't wrap my head around low mintage coins, is there a collectable?

 

Ampex seems to think so.

 

No, he said kook's, privy ML's and other.

 

Why are you selling the Libertad set? It will be worth more and more as time goes on. I collect Libertad's and would say that your set is worth at least $60 to $70 at a minimum.

 

$200+ Tom

 

I can't really understand the original post, but I've heard it's unwise to mix bullion and collectables.

 

NO no no just getting rid of the milk spotted tubes,
Proofs and privy's , well that's how this whole thing started, I'm not even going to sell a 1996 ML for spot, let alone any other short mint date..
You folks are sitting on kilos of these things, you are not troubled by some of the comments?

 

ask? Some bullion is very collectible

 

I am Not.

 

I wasn't clear. I mean, bullion investing should be treated differently then collectable coins. Higher premiums for collectable bullion means less ounces and it may be more difficult to get those premiums back when selling.

 

Yes, absolutely.