Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
America the Beautiful 5 oz. silver bullion coins
>
Reply to Thread
Message:
<p>[QUOTE="Conder101, post: 1041185, member: 66"]I won't cut them any slack on the "edge letter problems either. They claim they couldn't do it because the planchets were "paper thin". But they are actually almost twice as thick as the President dollars. And unlike the dollars the edge letting on the hockey pucks is being applied by a segmented collar during striking so there should be no problem with "buckling" of the coin. Unless of course the dies are buckling too.</p><p><br /></p><p><br /></p><p>If the mint did I guarantee they WOULD be $50 over spot. Look at the proof silver eagles at about $20 an oz over spot for one oz. Five oz at that rate would be $100 over spot. Look at the regular one oz bullion coins. The distributors pay $2 an oz over spot. A five oz coin at that rate would be $10 over spot. But I can see the five oz being more difficult to make so say $4 an oz over spot. That would make it $20 over spot TO THE DISTRIBUTOR. By the time they get to the secondary market they could easily be $30 over spot. Of course then you have the 100K mintag which give the potential for the coins having a collectible value as well. So that could push the secondary price up even more. You also have to wonder how many of that 100K will go to the regular collector market, and how much will be bought up and marketed at a high price through the TV people. That could cause them to be had to get in the regular market for awhile and create a temporary artificially high market as well.[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 1041185, member: 66"]I won't cut them any slack on the "edge letter problems either. They claim they couldn't do it because the planchets were "paper thin". But they are actually almost twice as thick as the President dollars. And unlike the dollars the edge letting on the hockey pucks is being applied by a segmented collar during striking so there should be no problem with "buckling" of the coin. Unless of course the dies are buckling too. If the mint did I guarantee they WOULD be $50 over spot. Look at the proof silver eagles at about $20 an oz over spot for one oz. Five oz at that rate would be $100 over spot. Look at the regular one oz bullion coins. The distributors pay $2 an oz over spot. A five oz coin at that rate would be $10 over spot. But I can see the five oz being more difficult to make so say $4 an oz over spot. That would make it $20 over spot TO THE DISTRIBUTOR. By the time they get to the secondary market they could easily be $30 over spot. Of course then you have the 100K mintag which give the potential for the coins having a collectible value as well. So that could push the secondary price up even more. You also have to wonder how many of that 100K will go to the regular collector market, and how much will be bought up and marketed at a high price through the TV people. That could cause them to be had to get in the regular market for awhile and create a temporary artificially high market as well.[/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
>
US Coins Forum
>
America the Beautiful 5 oz. silver bullion coins
>
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...