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Director Moy apparently has confidence in 5-oz quarter bullion coins
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<p>[QUOTE="krispy, post: 979455, member: 19065"]I've been around the Mint cycle you mention for a few decades and I normally echo the same sentiment that you are, cautioning about demand, etc. My initial point to you was not to expect a price point below $100. My personal thoughts on the direction of silver informs me to acquire these coins now due to intrinsic value of the metal poised to rise, just my opinion. The big <i>exceptions</i> with the, yet to be released, 5 oz silver coins are: the coin's silver composition (it will always have that intrinsic value) and this is the first 5 oz. coin (series) from the Mint, a coin like none of the other 100 or so (re)current products. It may be the only 5 oz. coins series ever or mintages may drop if collector interest wanes, like with the FS coins and their high price point due to POG currently. If released, these may be something special and not every collector will be able to have one (or all) like they can most of the 100+ other products.[/QUOTE]</p><p><br /></p>
[QUOTE="krispy, post: 979455, member: 19065"]I've been around the Mint cycle you mention for a few decades and I normally echo the same sentiment that you are, cautioning about demand, etc. My initial point to you was not to expect a price point below $100. My personal thoughts on the direction of silver informs me to acquire these coins now due to intrinsic value of the metal poised to rise, just my opinion. The big [I]exceptions[/I] with the, yet to be released, 5 oz silver coins are: the coin's silver composition (it will always have that intrinsic value) and this is the first 5 oz. coin (series) from the Mint, a coin like none of the other 100 or so (re)current products. It may be the only 5 oz. coins series ever or mintages may drop if collector interest wanes, like with the FS coins and their high price point due to POG currently. If released, these may be something special and not every collector will be able to have one (or all) like they can most of the 100+ other products.[/QUOTE]
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Director Moy apparently has confidence in 5-oz quarter bullion coins
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