but private round bullion will always traded near bullion. while those popular bullion officially issued from their government. some issued year might jump to many times the bullion price.
That's my point. This is why I don't really consider the popular government issue coins as true bullion. To me, when I think about bullion I think about investing in the metal...if investing in the metal you will pay around the current metal value and hope to profit by the increasing trend of that metal. When these government issue coins, you have to pay more than the metal is worth. People who buy these coins aren't investing in the bullion value of the coin, they are investing in the collector value.
I think probably the ASEs are going to win out, in part, because the audience on cointalk is probably heavily slanted toward USA and English speaking countries. Anyway, taking the phrase "bullion coin" very literally... as in for bullion investing as opposed to more for collectible coin value and also considering availability, ability to trade / resell, and affordability, I would say my choices are... American Silver Eagles Canadian Silver Maples Austrian Silver Philharmonics I like ASEs for reputation / recognition / classic design. I like CSMs for High Face Value (in comparison)/ reputation / recognition / clean modern design. I like ASPs for affordability / interesting design. As far as the other choices (in context of "bullion")... I really like Australian / Perth Mint issues... lots of variety, but there is sometimes an availability / premium issue. Not the best "bullion" choice... nice when considering non-bullion value also. Mexican Libertads... nuff said. I like Pandas, but who wants to deal with premium / fakery. Britannias availability / premium issues. Now, that all being said... I like recognized non-government bullion rounds for investment! Thanks, Michael
It's all about Kookaburras for me (which didn't seem to make the list). They don't carry the premiums of Pandas and the designs usually zap my brain's pleasure centers. And they're heavingly popular. But Maples sit in a close second, but the static design series can get a little boring, especially the American Eagle. There's one coin, especially the reverse, that can inspire yawns. Whooo... I'm getting tired just thinking of it...
in reality. there were only four bullion coins in the world that is produced a lot to meet the public demand. those were the american eagle, canadian maple leaf, mexican libertad and the latest austrian philharmonic.
ASE tied with Great Britain, them Mexico tied with Canada! ASE tied with Great Britain, them Mexico tied with Canada! My Bad - I always gum up the works by being too complex, sorry my bad!
american eagle crushes all of them. but i think if we have .9999 fineness american buffalo silver dollar. eagle will thus fly away. buffalo will be the king.
See, I was thinking of 90% US 1964 Kennedy half dollars because they are closer to spot, well known, easily traded, always worth 50 cents, generally unworn, American, and convenient in size. There was no definition for "like" -- which bullion coin do you like best... for what purpose? by what standard? in which regard? The Britannia has the nicest reverse, but the Queen is obverse. Libertads don't have that problem. I voted for Britannia anyway.
ASEs have an advantage. Theoretically, all bullion should be the same. But it is probable that as soon as the Mint announces the end of the series, the ASE will almost immediately start to develop significant numismatic value. A few decades from now, it could be right up there with Morgan dollars as one of the most popular collectible coin ever. I don't see any other bullion coin having that potential.
I'm on board with this. Some of the Britannias are exquisite, but the Libertad looks exactly what a coin should look like, for my tastes. I've got some Pandas, which have some terrific texturing to approximate shades of color, but they're just a bit too ... cartoonish. I've also got some Kookaburras I like.
I prefer Maples over ASE, because: * They are standard size, fit in generic tubes, ASE does not and needs special tubes (and then gets stuck trying to get out) * They have higher fineness, ASE is 9995 plus copper. * Higher face value But on the list given, my choice would be the Onza Libertad, specifically the one in 925 (sterling) fineness. I don't buy anything but 925 anymore. Much more suitable for circulation as currency. If the FRN collapses, you have real money.
diameter - australian lunar series II - 45 mm thickness - maple leaf fineness - maple leaf artistic - britannia colorful - panda face value - maple leaf popular - am eagle numismatic value - am eagle
premium on bullion silver and gold fall. 500 pc and above cost you: 2009 am eagle $2.29 over spot. 2009 maple leaf $2.49 over spot. 2009 philharmonic $1.99 over spot. reason: too many. note: if you buy from authorized dealers. the premium might be lower than the above. but recently the silver spot price instead moved upward.
Order of Preference: 1. ASE 2. Chinese Silver Pandas 3. Australian Lunar Series I & II 4. Silver Maple Leaves I like the ASE's because simply, they're USA coinage. Also, I used to have a Walking Liberty 1/2 Dollar and always liked the design. As for the Silver Pandas, well, let's face it, they're PANDAS - Cute and cuddly and they have very limited mintage. Although I think China could easily quadruple production and you would not see much of a dent in the price of the Silver Pandas. As for the Australian Lunar Series I - I'm Chinese and I have cousins and an older brother who are married and have young children - can we say "Chinese New Year" and the obligatory Red Envelope? I've got the complete Silver BU And Selectively Gold Plate Silver BU sets along with a 1 kilo Year of the Tiger Coin. What confused me was the Perth Mint decided to end the first series in 2007. As for Series II, this time I'm getting the BU, Proof and Gilded BU coins. The Silver Maples - Mainly the price, but my collection currently consists of 10 2009 Silver Maples, a Tube of 25 2009 Silver Maples with the 2010 Vancouver Winter Olympic Logo, 2 2005 Silver Maples and a 2003 Hologram Silver Maple Leaves.