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Director Moy apparently has confidence in 5-oz quarter bullion coins
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<p>[QUOTE="krispy, post: 979366, member: 19065"]Not enough of the new products are available in bullion composition in a lower budget range. No Proof ASEs, no Burnished ASEs last year, nor yet this year... only silver proof sets and a couple of high mintage commems this and last year to speak of... a 5 oz silver coin from the US mint that is less than the current gold offereings (also note we have no fractional collector version gold Eagles and until next year there hasn't been any $5 gold commems since 2008 released, gold commems being a lower priced item)... demand from US collectors for the 5 oz silver coin is almost assuredly going to be high, even with a Mint mark up, but also due to the lower mintage 100k(?) per design and the current media discussion building about the coins release (this is marketing for the coin). Don't forget Foreign interest in this coin as well. Mexican 5 oz. Libertads sell at a significant mark up above spot price and are regularly sold out / difficult to obtain. Price will not be a deterrent to this coin, if they manage to release them![/QUOTE]</p><p><br /></p>
[QUOTE="krispy, post: 979366, member: 19065"]Not enough of the new products are available in bullion composition in a lower budget range. No Proof ASEs, no Burnished ASEs last year, nor yet this year... only silver proof sets and a couple of high mintage commems this and last year to speak of... a 5 oz silver coin from the US mint that is less than the current gold offereings (also note we have no fractional collector version gold Eagles and until next year there hasn't been any $5 gold commems since 2008 released, gold commems being a lower priced item)... demand from US collectors for the 5 oz silver coin is almost assuredly going to be high, even with a Mint mark up, but also due to the lower mintage 100k(?) per design and the current media discussion building about the coins release (this is marketing for the coin). Don't forget Foreign interest in this coin as well. Mexican 5 oz. Libertads sell at a significant mark up above spot price and are regularly sold out / difficult to obtain. Price will not be a deterrent to this coin, if they manage to release them![/QUOTE]
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Director Moy apparently has confidence in 5-oz quarter bullion coins
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