3 oz max relief silver coin

It's interesting...and $180...so...

http://agaunews.com/world-exclusive...n-launches-choice-mint-legends-asgard-series/

 

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Not a fan of the world of warcraft type designs. Plus those wolves look terrible. I like the overall idea though, just get a better design.

 

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If you thought the wolves were bad check out the ravens.

 

I like it but the ravens are not very well done.

 

It's not a coin. It's just sucker bait.

 

Nice but too pricey for silver.

 

Yes, a poor purchase for a bullion stacker.

 

Yes, this is not a bullion issue coin that one can expect to buy for close to spot. However, it is certainly well-priced for a 3 oz. collector issue silver coin.

The wolves and ravens look terrible indeed, hopefully the end product will look better in hand. I will not be surprised if it does, especially in what is termed "max relief", that goes beyond 2 mm on this 5 mm thick coin.

For those who are interested, visitors to NewCoinReleases.com qualify for a special 5% discount: http://www.newcoinreleases.com/legends-of-asgard-2016-odin-silver-coin/

 

And that's how they get you to spend large amounts of your hard earned money!! We now call it "Collector Issue Silver Coins". Call it what you like but when you go to sell the Collector Issue Silver Coin, you'll get spot minus buyer's fees. Yes, I like and collect the different issues. I buy as many different issues as I can. But I refuse to pay those gosh darn high overpriced fancy bars or rounds. I stack but I do stack pricy collector bars.

 

Wow... Based on what you're saying, you're wasting your money on pricey bars.

Reality is is 6 of one or 1/2 dozen of the other when it comes to speculation. You're speculating that the bars will maintain or grow in premium and others are speculating that coins/rounds like this will do the same.

There are people that just collect them, and that's their choice too. Your criticism of somebody purchasing this is no different than they criticizing you for buying those "overpriced" bars.

 

The term "collector issue" is not a new term. It is a term used to refer to low mintage coins with special finishes, specially made for the collector's market. It is not a bullion issue coin where the idea is to sell thousands of coins as close to melt value as possible. Neither can it be produced at the same cost as a bullion issue coin due to the additional manual processes and others costs involved. E.g. a lower mintage normally means that the production cost per coin is higher.

Collector issue coins can be re-sold at prices that reflect its value beyond spot, but then it need to be sold into the right market. If you take a valuable collector issue coin to the local coin dealer, and he/she is only prepared to pay spot minus for it, then common sense dictates that you should know enough to say that it is a collector issue coin and give some point of price reference. If he/she is not willing to pay a fair price, then take your business elsewhere. Don't allow such dealers to dictate whether a coin is valuable or not. My local coin dealer always pay a fair price for collector issue coins.

In addition, what is listed here is not a bar or a round, but a collector issue legal tender coin. As a silver stacker myself, I've learned that it is critical to differentiate between bullion and collector issue coins. Failure to differentiate almost always lead to pain in some form or another.

Now of course, some collector issue coins get stillborn and never manage to gain values higher than its melt value or original issue price. This is why it should never be seen as an investment. Personally I buy bullion issue coins and bars as insurance against a violent and sudden fiat currency collapse. However, I also buy collector issue coins, because some of the coins are absolutely beautiful and come with unique stories attached to it. I buy it almost purely for enjoyment and such coins have served me well during times earmarked by low precious metals prices, especially when I have to sell.

 

I've picked up some very nice, limited edition number collector issues at just over spot. I'm not criticizing, I'm simply stating that sooner or later, that collector issue will be sold at spot as that's all it's really worth.

It is what it is-silver in a given amount.

I'm also stating that the people that buy collector issues are not in tune with pricing. Take the hand painted state quarters. Uneducated people spend hundreds of dollars on them buying the set and the album to store them. They are basically worth face value. They were sucked in by a term "collector issue".

 

There is no way you can guarantee that you'll be able to find this coin at spot + at any time in the future. It's ridiculous to claim that on any specific coin. If you could, then go get me a Perth mint Redback Spider, original issue of course, for 2X spot and I'll pay you 5X spot, fair enough?

You also stated, that's how they get your money, which is in fact a criticism of people buying that coin. Some people want the coin for the art, and not the material it's made of. Can you buy a Piccasso for the cost of the canvas and paint + $30 for the time to make it?

You're way off base with your collector statement. Most people collect to build a collection without caring about resale, they get enjoyment from building a collection. Just because you don't see it that way doesn't mean it's wrong or stupid. That paragraph is again a criticism of collectors because of how you see it, not how they do, and their point of view is not yours.

I get where you're coming from, I really do. I think people are nuts to try to put together sets of MS69 or 70 whatever they are current issues, and believe it's a waste of money. I also realize that I could be wrong and this is just the start of the grading craze and these things will go up in value by 10 times. While the value of the material or face value is the underlying value, that doesn't mean somebody won't pay more, without it becoming the lesser fool equation.

 

Yes, the term "collector issue" can certainly be abused, but not in all instances and certainly not in this instance. Many collector issue coins do end up at spot, but just as many gain value way and above spot. The fact of the matter is that collector issue coins are not primarily bought to see how close we can get to spot prices. If you do get to buy a collectors issue coin close to spot or at spot, see it as a bonus, not as a given nor destiny for all collector issue coins. Even bullion issue coins come with risks attach to it.

If you see collector issue coins as just "silver in a given amount", then it simply means, you're one of those who only accept the melt value of the silver as a measure of value. You simply don't value all the time and additional expense that went into special finishes, the art work, the special packaging, etc. You also fail to understand that a lower mintage normally means a higher production cost per unit/coin. This is why you're only prepared to pay for a collector issue coin when you can buy it close to spot.

That is the long and short of it.

 

Hmm and here I thought they couldn't make the queen possibly look any worse.

 

ha-ha True. It will be interesting to see how it translates in hand. I do not believe that the images do the coin justice.

 

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I'd buy one if they sold them for $46.17.

 

Maybe collectingnut will put you on his list.

 

... long waiting list.