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<p>[QUOTE="kaparthy, post: 3373573, member: 57463"]I was going to start a thread, but you opened the door. I am not good at commerce. I sell my labor but I do not do well at horse trading. In numismatics, I buy what I like, but to make money you have to buy what other people like. That being as it is, the fact is that I have done best - and for me, suprisingly well - with "numismatic bullion."</p><p><br /></p><p>I always had an attraction for 19th century common gold. The sovereigns and 20 francs etc., that sell for 5% to 25% over spot. One series of sovereigns has die numbers on the reverse. The Russian 5 ruble might not be "liquid" on the streets of Laredo, but local dealers do not always see a lot of them and it becomes an item that they can mark up. The same is true of an Angel or Rooster or Vrenli with fetching luster.</p><p><br /></p><p>I just think that for the small difference I pay, am better off with a No Motto $5 Liberty than yet another Quarter AGE.</p><p><br /></p><p>On the other side of the coin, most of my libertarian comrades think that they are sharp and conservative because they only buy bullion and do not care about numismatic value. And when we are having a partyarchy dinner they show these off-brand No-Name Mint silver rounds. I cannot get through to them on the fact that one of the attributes of coinage is that the stamp is a guarantee. An ounce is 31.1 grams and some small mints will make theirs 31.2 just be more marketable. But you have to know that and use a scale. And they just buy these things by the roll for spot and never ask themselves why that could be.</p><p><br /></p><p>We all have our passions. This round has no Mint name, but it was created for the Faber Castell company, so for me, as a writer with two Mont Blancs, this one ounce of bullion is better than an ounce of bullion, which is all I paid for it.</p><p>[ATTACH=full]894873[/ATTACH]</p><p>Will a dealer pay more than bullion? Probably not. But I can make a better case for this against yet another Seated Liberty Knock-Off that could be from a melt of 0.720 Mexican Pesos.[/QUOTE]</p><p><br /></p>
[QUOTE="kaparthy, post: 3373573, member: 57463"]I was going to start a thread, but you opened the door. I am not good at commerce. I sell my labor but I do not do well at horse trading. In numismatics, I buy what I like, but to make money you have to buy what other people like. That being as it is, the fact is that I have done best - and for me, suprisingly well - with "numismatic bullion." I always had an attraction for 19th century common gold. The sovereigns and 20 francs etc., that sell for 5% to 25% over spot. One series of sovereigns has die numbers on the reverse. The Russian 5 ruble might not be "liquid" on the streets of Laredo, but local dealers do not always see a lot of them and it becomes an item that they can mark up. The same is true of an Angel or Rooster or Vrenli with fetching luster. I just think that for the small difference I pay, am better off with a No Motto $5 Liberty than yet another Quarter AGE. On the other side of the coin, most of my libertarian comrades think that they are sharp and conservative because they only buy bullion and do not care about numismatic value. And when we are having a partyarchy dinner they show these off-brand No-Name Mint silver rounds. I cannot get through to them on the fact that one of the attributes of coinage is that the stamp is a guarantee. An ounce is 31.1 grams and some small mints will make theirs 31.2 just be more marketable. But you have to know that and use a scale. And they just buy these things by the roll for spot and never ask themselves why that could be. We all have our passions. This round has no Mint name, but it was created for the Faber Castell company, so for me, as a writer with two Mont Blancs, this one ounce of bullion is better than an ounce of bullion, which is all I paid for it. [ATTACH=full]894873[/ATTACH] Will a dealer pay more than bullion? Probably not. But I can make a better case for this against yet another Seated Liberty Knock-Off that could be from a melt of 0.720 Mexican Pesos.[/QUOTE]
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