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<p>[QUOTE="krispy, post: 964710, member: 19065"]I also agree with the idea and echo the same as Cloud does about the bullion ASE coins.</p><p><br /></p><p>Many things that serve a practical function become collectible once they are no longer sought for their practical aspect or have ceased being produced. Bullion ASEs are and will remain investment vehicles but once the design is changed or the Eagle program ceases then the demand will shift, perhaps to collectors willing to pay a numismatic premium on these coins making them more widely collected than they currently may be. There are scads of these bullion coins available but not all are being handled as delicately as are other collected coins. Any premiums over spot and beyond the typical nominal percentage usually placed on an ASE may take decades to amount to anything like what a Morgan Dollar may fetch, but the longer the coins are out of minting, with diminishing availability, having various conditions being attributed (grades), toning, etc. demand will slowly (or quickly) swell. Coins of the past that were coined for circulation were practical and not widely collected in their era, but now one collects Morgans and Peace Dollars for instance and invests in low grade no date 'junk silver' dollars and other denominations. The potential is there for bullion ASEs to become viewed as collectibles as well as investment bullion and to carry a greater premium. This may take only a matter of weeks or years for it to happen or it may take generations but that's all the more reason to handle them with care while they are in your possession.</p><p><br /></p><p>I believe that some of the ideas being expressed in the <a href="http://www.cointalk.com/t122656/" class="internalLink ProxyLink" data-proxy-href="http://www.cointalk.com/t122656/">Made to be collected</a> thread apply here too. </p><p><a href="http://www.cointalk.com/t122656/" class="internalLink ProxyLink" data-proxy-href="http://www.cointalk.com/t122656/"></a><b><br /></b></p><p><b> </b></p><p><br /></p><p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p><p>[/QUOTE]</p><p><br /></p>
[QUOTE="krispy, post: 964710, member: 19065"]I also agree with the idea and echo the same as Cloud does about the bullion ASE coins. Many things that serve a practical function become collectible once they are no longer sought for their practical aspect or have ceased being produced. Bullion ASEs are and will remain investment vehicles but once the design is changed or the Eagle program ceases then the demand will shift, perhaps to collectors willing to pay a numismatic premium on these coins making them more widely collected than they currently may be. There are scads of these bullion coins available but not all are being handled as delicately as are other collected coins. Any premiums over spot and beyond the typical nominal percentage usually placed on an ASE may take decades to amount to anything like what a Morgan Dollar may fetch, but the longer the coins are out of minting, with diminishing availability, having various conditions being attributed (grades), toning, etc. demand will slowly (or quickly) swell. Coins of the past that were coined for circulation were practical and not widely collected in their era, but now one collects Morgans and Peace Dollars for instance and invests in low grade no date 'junk silver' dollars and other denominations. The potential is there for bullion ASEs to become viewed as collectibles as well as investment bullion and to carry a greater premium. This may take only a matter of weeks or years for it to happen or it may take generations but that's all the more reason to handle them with care while they are in your possession. I believe that some of the ideas being expressed in the [URL="http://www.cointalk.com/t122656/"]Made to be collected[/URL] thread apply here too. [URL="http://www.cointalk.com/t122656/"][/URL][B] [/B] [LEFT][COLOR=#000000] [/COLOR][/LEFT][/QUOTE]
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