Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Help! Con Artist or Honest Dealer?
>
Reply to Thread
Message:
<p>[QUOTE="Bacchus, post: 49842, member: 759"]Sounds like a platinum bullion coin.</p><p><br /></p><p><a href="http://catalog.usmint.gov/webapp/wcs/stores/servlet/ProductDisplay?catalogId=10001&storeId=10001&productId=10637&langId=-1&parent_category_rn=10114" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://catalog.usmint.gov/webapp/wcs/stores/servlet/ProductDisplay?catalogId=10001&storeId=10001&productId=10637&langId=-1&parent_category_rn=10114" rel="nofollow">http://catalog.usmint.gov/webapp/wcs/stores/servlet/ProductDisplay?catalogId=10001&storeId=10001&productId=10637&langId=-1&parent_category_rn=10114</a></p><p><br /></p><p>The face value is much less than the actual value of the metal (silver, gold, or platinum).</p><p><br /></p><p>For example, to get the 1oz Silver Eagle, it costs about $10 to get them from a dealer, who probably pay something between that and the melt value (currently $6.81 per ounce) to buy them from the Mint. The face value on the coin is only $1.00.</p><p><br /></p><p>Here are today's prices for precious metals:</p><p><br /></p><p><a href="http://www.kitco.com/market/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.kitco.com/market/" rel="nofollow">http://www.kitco.com/market/</a></p><p><br /></p><p>Note that the prices shown on the first site (usmint.gov) are higher than the prices you could expect to pay from a dealer, because the coins on the U.S. Mint site are for <i>proof </i>coins, and they run at an additional premium, maybe $20 per coin, for example. I'm assuming that the coins you're talking about are <i>uncirculated, </i>but not proofs.[/QUOTE]</p><p><br /></p>
[QUOTE="Bacchus, post: 49842, member: 759"]Sounds like a platinum bullion coin. [url]http://catalog.usmint.gov/webapp/wcs/stores/servlet/ProductDisplay?catalogId=10001&storeId=10001&productId=10637&langId=-1&parent_category_rn=10114[/url] The face value is much less than the actual value of the metal (silver, gold, or platinum). For example, to get the 1oz Silver Eagle, it costs about $10 to get them from a dealer, who probably pay something between that and the melt value (currently $6.81 per ounce) to buy them from the Mint. The face value on the coin is only $1.00. Here are today's prices for precious metals: [url]http://www.kitco.com/market/[/url] Note that the prices shown on the first site (usmint.gov) are higher than the prices you could expect to pay from a dealer, because the coins on the U.S. Mint site are for [i]proof [/i]coins, and they run at an additional premium, maybe $20 per coin, for example. I'm assuming that the coins you're talking about are [i]uncirculated, [/i]but not proofs.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Help! Con Artist or Honest Dealer?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...