Reply to Thread

Message:: [QUOTE="krispy, post: 1093031, member: 19065"]It's natural supply and demand in a collector hobby. The mint reducing mintage turned these more into collectibles right out of the gate rather than just bullion, but they are indeed bullion and worth buying as bullion should the prices return to those levels. Also these are not just like regular bullion issued in some 30 million pieces per year, but rather  33,000/design, already reduced from the 100,000/per design originally  called for. The Mint is tight lipped on mintage of the 2011, but the 2011 bullion coins are already being minted. The 2010 numismatic versions will be 27,000/design, even fewer. Again no word from the Mint on 2011 numismatic version mintages. The prices recently seen being realized are not necessarily investment buyers. Those buyers will appear if the coins price levels off to ranges within other bullion products. The 5 oz size would be a convenient size for investors and offer at a better per ounce price than 1 oz bullion. If the mint can offer these coins in sufficient quantity that prices are appropriate for bullion, investors will buy them and coin collectors will turn only to the lower mintage numismatic versions. As it is, both versions are being collected and collectors are excited by the limited nature of the new size coin in the first year.[/QUOTE]