Reply to Thread

Message:: [QUOTE="krispy, post: 964924, member: 19065"]It's all further evidence to the failing idea some folks have to buy modern US Mint silver commems, despite the huge markup, anticipating numismatic premiums. Yes, there are a few instances when one may have scored big on modern silver commems, mainly due to low mintages, but even with the coins with large mintages said to defy these odds, over time they fail miserably to deliver on the promises hyped upon them. The LN6 Lincoln Coin & Chronicles of 2009 was a winner, low mintage, excellent marketing and a big year for Lincoln cents, but prices have leveled off... there is often now just a moment in time left to the flipper to flip that sucker onto a willing buyer. How are those hyped BSA coins doing? The hype has certainly petered out and it's still within the first year of release, in a time when the Mint isn't releasing many special collectible Proof silver dollars! It is pretty overpriced that bullion they be, but an investment they are not. They created a profit for the US Mint and leave the collectors with a notion of value that only exists in illogical reasoning. I just hope people only buy into these coin programs and overpay for modern silver commemorative coins because they buy these coins for themselves, that they personally like the designs and do not play these silly flipping games that undermines collecting and the reason for these coins to begin with.[/QUOTE]