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<p>[QUOTE="krispy, post: 1850475, member: 19065"]Why bother? Mints offering such coin programs profit hugely from volume sales of coins bearing minimal amounts of pure precious metals content for which they levy large premiums per unit. Silver coins become like fractional gold bullion coins. Minting them makes such coins accessible to and appeals to those with smaller budgets who want to have coins with precious metals content but maybe cant' or don't care to buy larger coins which offer a better cost to spot per ounce as investment. If it's not the customers investment urges that are tickled, then it's the idea they are collecting something limited due to controls placed on mintage, or some hybrid reasoning justifying their consumption of such coins they hold therein.</p><p><br /></p><p>Such coins appeals to people who like to buy fractional silver coins, like older circulated dimes and quarters, especially if they are of the mindset which thinks having around small coins will be good in the future as trade units in place of fiat currencies for smaller purchases.</p><p><br /></p><p>The price tag set by RCM also zeroes in on all the people out there who say they are waiting for silver to drop to ($X) but haven't bought into metals (much/yet). In effect, they and other world mints have been creating a line of products to lock in profits from a wider group of customers willing to spend money on such coins and appeals to their ideas for buying. You see with various gold products too, like half gram unit bars or Valcombi bars meant to be divided into single gram units for trade and other coins measured under 1/10th ounce denominated by Mints.</p><p><br /></p><p>Lastly, when you have people in forums instructing others to buy something because the supply is limited or selling out quickly, then you save a lot on advertising them yourself and bank that money as profit as well. Almost any angle you look at this from the perspective of the minting institutions for producing these, it's marketing gold pandering to a captive audience convinced of a bull market in coins and precious metals.[/QUOTE]</p><p><br /></p>
[QUOTE="krispy, post: 1850475, member: 19065"]Why bother? Mints offering such coin programs profit hugely from volume sales of coins bearing minimal amounts of pure precious metals content for which they levy large premiums per unit. Silver coins become like fractional gold bullion coins. Minting them makes such coins accessible to and appeals to those with smaller budgets who want to have coins with precious metals content but maybe cant' or don't care to buy larger coins which offer a better cost to spot per ounce as investment. If it's not the customers investment urges that are tickled, then it's the idea they are collecting something limited due to controls placed on mintage, or some hybrid reasoning justifying their consumption of such coins they hold therein. Such coins appeals to people who like to buy fractional silver coins, like older circulated dimes and quarters, especially if they are of the mindset which thinks having around small coins will be good in the future as trade units in place of fiat currencies for smaller purchases. The price tag set by RCM also zeroes in on all the people out there who say they are waiting for silver to drop to ($X) but haven't bought into metals (much/yet). In effect, they and other world mints have been creating a line of products to lock in profits from a wider group of customers willing to spend money on such coins and appeals to their ideas for buying. You see with various gold products too, like half gram unit bars or Valcombi bars meant to be divided into single gram units for trade and other coins measured under 1/10th ounce denominated by Mints. Lastly, when you have people in forums instructing others to buy something because the supply is limited or selling out quickly, then you save a lot on advertising them yourself and bank that money as profit as well. Almost any angle you look at this from the perspective of the minting institutions for producing these, it's marketing gold pandering to a captive audience convinced of a bull market in coins and precious metals.[/QUOTE]
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