so I was checking out some of the new arrivals on a billion site that I use, and they are selling the 2014 ASE for way cheaper than the mint is, and also a lot earlier than the mint. how is this possible? here is the link. http://www.providentmetals.com/2014-1-oz-american-silver-eagle-bullion-coin.html?ref=slideshow
Bullion has no mint mark and does not come with a fancy box and COA. The bullion edition is sold by the mint ONLY to authorized resellers and not to the public.
No, not really. They will likely make tens of millions of these, so there will be plenty to go around.
oh well, I think I will still grab some for my silver stash, and then get the good ones from the mint when they come out. thanks for the info
Value is always decided between the buyer ans seller. No one else should be involved in that decision. There are those that adamantly believe that they are simply bullion, with no value above the price of silver. There are others that believe that, yes, they do carry a numismatic value.
Isn't the price based on the silver spot price? Say, you pay more for a PRXX coin, then the spot price increases. But it you buy a non PRXX coin at a lower price level, it is also going to increase, therefore the rate of increase would be the same.
No, the price is between buyer and seller. But the (monetary) value depends on what others think. Exactly. If the price of today's actual sale is jacked up, the value for tomorrow's potential sale may never hope to match it.
These: 2011 1 oz Silver Canadian Wolf are an example of bullion that are going for at least twice spot.
