They're Swarovski crystal eyes. They do command a very large premium, go back and look at the owl, wolverine and others...big dough for each of them
Yeah, they aren't simply bullion. They are coins with very low mintages. You wouldn't refer to an 1895 proof Morgan dollar as '$X,000 for under an ounce of silver' ....... Would you?
I had both the Hedgehog and the Owl. Sold the Owl for $800 and the hedgehog for $650. Big demand for these. Limited to 2,500 mintage.
That's a large silver premium. im kidding lol I understand the significance of the design and understand that the very low mnitage and high demand makes up the high price.
I agree there is no sense comparing bullion value to the price of a desirable, low mintage coin. I don't concern myself with what the melt value of a roman denarius might be.
By those rarity standards (400/21 = 19 to 1), Daniel Carr pieces should bring a premium of about 50 to 200 times their going prices. For example...the 2013 20 Ameros one ounce silver Liberty & Puma (which is a really good looking coin) sold new for $75, and goes for around $100 to $150 on the secondary market. Total mintage = 205 coins.
Again, you cannot compare them. Carr pieces are bullion. Artistic, yes. Desired, yes depending on the subject matter. Actual coinage produced by a gov't entity and carrying an actual face value, no. They are forms of art and as such probably won't see any significant rise in value until he dies; just like every other artist before him.
Goes back to the whole debate pf how important is mintage. Its always illusory, and effectively meaningless. If only five survive, (which I have some ancient coins like that), but only three people want one, what is the value? Best thing to say would be, "mintage of X but there appears to be greater demand than X because the price is appreciating". Anyone making a purchase decision only on mintage should look at crap like Somalia guitar shaped coins, and similar pseudocoins. Mintages will not by themselves ever create demand.