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<p>[QUOTE="silverbullion, post: 2219243, member: 57234"]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.</p><p><br /></p><p>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.</p><p><br /></p><p>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.</p><p><br /></p><p>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.[/QUOTE]</p><p><br /></p>
[QUOTE="silverbullion, post: 2219243, member: 57234"]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.[/QUOTE]
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