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<p>[QUOTE="ddddd, post: 2677753, member: 22377"]It's about handing over your money before the product is even ready. I agree that with bullion it can work to your advantage due to spot prices. However, with numismatic items, spot and price swings should not be a big worry.</p><p><br /></p><p>For example, when it first was being released, I pre-ordered the coin linked below (3 oz high relief Odin). I bought into the hype that this was going to be a special series and locked in my price (around $175 at the time). It took about 3 months from me paying until the coin shipped. There were multiple delays in production before the product was finished and finally shipped. Spot may have changed, but at 3 oz of silver, the melt value of that coin was under $60. At an issue price of $175, the dealer and I were both more than safe from having spot affect the final cost. The dealer did however have my $175 (and the money of many others) for three months. In that time they could have used it (interest free) to buy and resell more inventory, invest in the stock market, put in the bank, etc. Meanwhile, I was out the $175 and didn't have a coin to look at or money to spend on something else.</p><p><br /></p><p><br /></p><p><a href="https://firstcoincompany.com/S/tokelau-odin-ruler-of-the-aesir-mythical-series-legends-of-asgard-silver-coin-10-antique-finish-2016-max-relief-minting-3-oz?filter_name=odin" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://firstcoincompany.com/S/tokelau-odin-ruler-of-the-aesir-mythical-series-legends-of-asgard-silver-coin-10-antique-finish-2016-max-relief-minting-3-oz?filter_name=odin" rel="nofollow">https://firstcoincompany.com/S/tokelau-odin-ruler-of-the-aesir-mythical-series-legends-of-asgard-silver-coin-10-antique-finish-2016-max-relief-minting-3-oz?filter_name=odin</a></p><p><br /></p><p>And as an addendum, that coin now sells on ebay for around issue price (most people selling it on ebay tend to break even or lose money on it after the fees).[/QUOTE]</p><p><br /></p>
[QUOTE="ddddd, post: 2677753, member: 22377"]It's about handing over your money before the product is even ready. I agree that with bullion it can work to your advantage due to spot prices. However, with numismatic items, spot and price swings should not be a big worry. For example, when it first was being released, I pre-ordered the coin linked below (3 oz high relief Odin). I bought into the hype that this was going to be a special series and locked in my price (around $175 at the time). It took about 3 months from me paying until the coin shipped. There were multiple delays in production before the product was finished and finally shipped. Spot may have changed, but at 3 oz of silver, the melt value of that coin was under $60. At an issue price of $175, the dealer and I were both more than safe from having spot affect the final cost. The dealer did however have my $175 (and the money of many others) for three months. In that time they could have used it (interest free) to buy and resell more inventory, invest in the stock market, put in the bank, etc. Meanwhile, I was out the $175 and didn't have a coin to look at or money to spend on something else. [url]https://firstcoincompany.com/S/tokelau-odin-ruler-of-the-aesir-mythical-series-legends-of-asgard-silver-coin-10-antique-finish-2016-max-relief-minting-3-oz?filter_name=odin[/url] And as an addendum, that coin now sells on ebay for around issue price (most people selling it on ebay tend to break even or lose money on it after the fees).[/QUOTE]
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