What do you think of these "divisible" 1 Troy Oz Silver Rounds / Bars from NWT?

I just recently saw these on NWTs site...

http://bullion.nwtmint.com/silver_stagecoach.php

What a great idea... who ever thought this up should be given a raise!

Now, they are obviously geared toward survivalists and "end of the world" types of situations. Also, having 1/4 OZT pieces minted as 1/4 OZT would be better than this, but you have to settle for what you can get at a good price!

My only gripe is they don't say "Troy" on them... mistake that will turn off some buyers if you ask me.

Anyway, what do you think of those?

I might buy some in the future.

-Michael

 

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... condemned to repeat history.

Cute, to be sure.

We know that the farthing was a quarter of a penny as the long cross silver pennies of medieval England were cut into fourths to make change. We also have other example of cut coins as circulating media from the Carribbean and Australia.

That said, the problem in the first case was actually a rise in prosperity and an objectively increased value for silver coupled to a lack of any alternative, such as copper, for smaller values. In the 19th century, those "plugs" were short term expediencies which gave way to regular coinage.

Finally, when you look at modern Zimbabwe, where gold dust trades for bread, it is important to keep in mind that this is the end of a long slide. In the modern world, Japan, Italy and Turkey have all lived with "lots of zeroes" and not collapsed. Precious metals keep their value and that is their value. They have less utility as circulating media. (I once traded an ounce of silver for a six-pack of homebrew beer at a Libertarian Party convention.)

But it is a cute concept and these will come into the after-markets where you can buy them one-up (or four-up, as it were).

 

I agree with mmarotta, they are cuties to be sure, I would pick one up for spot, but not much more than spot.

 

I felt I was lucky to purchase hundreds of dollars of 2009 Lincoln pennys P and D.

 

Any $500 dollar bills of 1934 worth much like VF cond.?

 

I invested in the 10 th.anniversary platinum 2 coin set.It was hard to get.I hope I made a good investment?

 

You'll know when you go to sell. Personally, I think you're making the investment process more complicated than you have to when you purchase these "non-standard" bullion items. For example, ASEs will always be easy to sell at a moment's notice just about anywhere. The sets you bought might or might not have a market.

 

Thanks,For your reply.I think i will be ok in the near future.Platinum value is higher than gold.Your right,I also buy silver eagles by the roll.

 

I bought 2 sheets of 10 of the bars right after they came out. Only thing with NWTM is the loooong shipping time. The bars are flawless and really nice.