Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
2010 American Eagle 1/10 proof
>
Reply to Thread
Message:
<p>[QUOTE="dave92029, post: 1010329, member: 26916"]<b>In today's Market the Mint's prices look reasonable</b></p><p><br /></p><p><br /></p><p> 1/10th ounce coins typically carry the highest premiums of all sizes of coin bullion and are not the best 'investment' size bullion to buy for investment purpose. For that save your money and buy half ounce and one ounce coins. </p><p><br /></p><p>>>> Highest Premium MAYBE...</p><p><br /></p><p>Two ways to look at this. If you say it takes 10 coins to equal an ounce, then the mint is selling these coins @ $1,805/ ounce vs SPOT price of $1,355 = premium of $450 ouch!</p><p><br /></p><p>BUT, the uncirculated $5 Eagle is selling for approx. $155 plus $13 S&H = $168 vs the US Mint's $185.45 for a Proof Eagle in an air-tight, enclosed in a beautiful case for a Premium of only $17.50 more, then the Mints' Proof $5 Eagle's Premium look very reasonable. </p><p><br /></p><p>The premium on all PM are currently nuts because there is so much demand for the physical metals.</p><p><br /></p><p>The SPOT price on Silver is $22.50 +/- but folks on eBay are paying $30/ ounce for auctions of 3, 4, and 5 coins of recent minatage coins. Which is about the same % premium that the Mint is asking for a Proof coin and case. </p><p><br /></p><p>In today's market the Mint's prices look "reasonable" LOL :devil:[/QUOTE]</p><p><br /></p>
[QUOTE="dave92029, post: 1010329, member: 26916"][b]In today's Market the Mint's prices look reasonable[/b] 1/10th ounce coins typically carry the highest premiums of all sizes of coin bullion and are not the best 'investment' size bullion to buy for investment purpose. For that save your money and buy half ounce and one ounce coins. >>> Highest Premium MAYBE... Two ways to look at this. If you say it takes 10 coins to equal an ounce, then the mint is selling these coins @ $1,805/ ounce vs SPOT price of $1,355 = premium of $450 ouch! BUT, the uncirculated $5 Eagle is selling for approx. $155 plus $13 S&H = $168 vs the US Mint's $185.45 for a Proof Eagle in an air-tight, enclosed in a beautiful case for a Premium of only $17.50 more, then the Mints' Proof $5 Eagle's Premium look very reasonable. The premium on all PM are currently nuts because there is so much demand for the physical metals. The SPOT price on Silver is $22.50 +/- but folks on eBay are paying $30/ ounce for auctions of 3, 4, and 5 coins of recent minatage coins. Which is about the same % premium that the Mint is asking for a Proof coin and case. In today's market the Mint's prices look "reasonable" LOL :devil:[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
2010 American Eagle 1/10 proof
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...