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<p>[QUOTE="V. Kurt Bellman, post: 2503246, member: 71723"]h</p><p>I like the way you think! "Junk silver" is called that for a reason. The only value it will ever have is the bullion value. It's JUNK! Whereas numismatic silver, hopefully bought very near melt, is kind of the coin equivalent of buying convertible bonds. Yes, it moves as bullion moves - the rising tide that lifts all boats. However, if it ever becomes "fashionable" (and let's face it, that's where most numismatic demand has its roots) it can have an upside beyond bullion.</p><p><br /></p><p>Doubt "fashion" matters? Look at the long history of toned coins. Toning used to be a detriment, now it brings a premium, to the point that "manufacturers" by the hundreds crank them out day after day to an unsuspecting market of folks following a "fashion" du jour. Successful marketing begets demand, nowhere more so than in coins.</p><p><br /></p><p>This is also why being a trend contrarian also works. Demand can dwindle overnight when a new "next hot thing" gets marketed. Like even apparently dumb silver medals from the Mint. Wow, just wow.[/QUOTE]</p><p><br /></p>
[QUOTE="V. Kurt Bellman, post: 2503246, member: 71723"]h I like the way you think! "Junk silver" is called that for a reason. The only value it will ever have is the bullion value. It's JUNK! Whereas numismatic silver, hopefully bought very near melt, is kind of the coin equivalent of buying convertible bonds. Yes, it moves as bullion moves - the rising tide that lifts all boats. However, if it ever becomes "fashionable" (and let's face it, that's where most numismatic demand has its roots) it can have an upside beyond bullion. Doubt "fashion" matters? Look at the long history of toned coins. Toning used to be a detriment, now it brings a premium, to the point that "manufacturers" by the hundreds crank them out day after day to an unsuspecting market of folks following a "fashion" du jour. Successful marketing begets demand, nowhere more so than in coins. This is also why being a trend contrarian also works. Demand can dwindle overnight when a new "next hot thing" gets marketed. Like even apparently dumb silver medals from the Mint. Wow, just wow.[/QUOTE]
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