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<p>[QUOTE="Clint, post: 1565421, member: 34620"]Juan, I am so happy you've joined the conversation. ON one hand, it's a lot of fun just to YAK it up, about how great deals are; on the other hand, it's great to get a bullion guy's opinion now and then (see esp. the infamous 2011 ASE 25th set thread, Fatima, Guano et al).</p><p><br /></p><p>With my very limited knowledge, it appears the global economic woes are a (the?) major cause in the fantastically low premiums on numis, and it's a great time to load up on low mintage pieces which are underpinned by PMs, like these silver proof sets. Of course each person needs to assess what they like looking at (versus an online stock fund statement), what premium they are willing to pay (1% or 30?), where they think PMs are going, how long the present cycle will last and where we are in it, and how they would sell.</p><p><br /></p><p>It's a timing thing. You seem to be saying that if we are going into global meltdown, then collectibles will be upside-down. Surely. But if that never happens, why not buy now, these issues with low premiums and mintages? I bought a Franklin Mint Bahamas silver proof set for spot...if I never get more than spot, oh well, silver WILL rise again, someday, and I'll sell it then. Did you notice the 2010 New Mexico ATB design in that Franklin Mint picture? Pretty sure that's U.S. Mint on Homer Simpson's pants/Hot Springs...:hail:</p><p><br /></p><p>Everything is a risk. What if the meltdown happens in 50 years? By that time, there's a lot of room to go up, down, or sideways. What if it never happens? So the question is, "Do you feel lucky?"[/QUOTE]</p><p><br /></p>
[QUOTE="Clint, post: 1565421, member: 34620"]Juan, I am so happy you've joined the conversation. ON one hand, it's a lot of fun just to YAK it up, about how great deals are; on the other hand, it's great to get a bullion guy's opinion now and then (see esp. the infamous 2011 ASE 25th set thread, Fatima, Guano et al). With my very limited knowledge, it appears the global economic woes are a (the?) major cause in the fantastically low premiums on numis, and it's a great time to load up on low mintage pieces which are underpinned by PMs, like these silver proof sets. Of course each person needs to assess what they like looking at (versus an online stock fund statement), what premium they are willing to pay (1% or 30?), where they think PMs are going, how long the present cycle will last and where we are in it, and how they would sell. It's a timing thing. You seem to be saying that if we are going into global meltdown, then collectibles will be upside-down. Surely. But if that never happens, why not buy now, these issues with low premiums and mintages? I bought a Franklin Mint Bahamas silver proof set for spot...if I never get more than spot, oh well, silver WILL rise again, someday, and I'll sell it then. Did you notice the 2010 New Mexico ATB design in that Franklin Mint picture? Pretty sure that's U.S. Mint on Homer Simpson's pants/Hot Springs...:hail: Everything is a risk. What if the meltdown happens in 50 years? By that time, there's a lot of room to go up, down, or sideways. What if it never happens? So the question is, "Do you feel lucky?"[/QUOTE]
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