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<p>[QUOTE=&quot;avr5700, post: 1584852, member: 30063&quot;]Spot on.&nbsp; Mind the pun... <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie7" alt=":p" unselectable="on" unselectable="on" /></p><p><br /></p><p>&nbsp;</p><p>So far as is known today, these will be the last of the 1912-1914 gold from government hands.&nbsp; But in truth, you just can&#039;t know what sort of secret stash may be waiting to disrupt numismatic populations.&nbsp; There have been plenty of examples which underlines the speculative nature of that part of the &#039;hobby&#039;.&nbsp; Heck, with collectibles, such premiums come and go in cycles anyway - something that&#039;s more about mood than rational, but still parallels other more traditional investment risks.</p><p><br /></p><p><br /></p><p>Precious metal content does put a squeeze on collectible premiums as they rise.&nbsp; I suspect that they drop both in percentage and absolute value terms to the point of being zero at some relatively high level of bullion pricing.&nbsp; What I&#039;m getting at there is the idea that 5K for an ounce of Au would clobber the premiums on a lot of coinage.&nbsp; But the inverse is a bit more interesting to think about - the idea that collectible/unique qualities can put a &#039;floor&#039; of sorts on the down side risks of the very same items.[/QUOTE]</p><p><br /></p>

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