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<p>[QUOTE=&quot;WingedLiberty, post: 1156287, member: 26030&quot;]<b>claygump</b>, think of it this way ... </p><p><br /></p><p>If you buy an old gold coin for $1,628 and the melt (bullion) value is $1,486 ... then a considerable amount of the &quot;risk&quot; has been squeezed out of the purchase (as you have a hard &quot;floor&quot; very close to the market value of the coin, from the gold in the coin).&nbsp;&nbsp; The other benefit is when premiums get this small (around 10%), as bullion rises, so does the value of the coin because all of the air (fluff) has been squeezed out.&nbsp;&nbsp; So with these small premiums over melt, you basically you have 2 ways to make money, the value can rise due to scarcity and demand, or the value can rise due to bullion price rises.</p><p><br /></p><p>So which would you rather own?</p><p><br /></p><p>[ATTACH]119797.vB[/ATTACH]</p><p><br /></p><p>Or consider this scenerio ...</p><p><br /></p><p>if we use the same &quot;premiums over melt&quot; on an uncirculated Barber Half Dollar, it would be like we had the opportunity to buy an Uncirculated Barber Half Dollar for 10% over the melt value in silver.</p><p><br /></p><p>So if you walked into a coin shop today and you could <u>either</u> buy a:</p><p>&nbsp;</p><p>&nbsp;-&nbsp; 1/2 oz. silver round for $21 ($21 melt value)&nbsp; &nbsp;&nbsp; OR</p><p>&nbsp; - An uncirculated Barbar Half Dollar for ($21 melt value + (10% premium over melt)) = $23.10</p><p><br /></p><p>Which would you pop for?</p><p><br /></p><p>[ATTACH]119796.vB[/ATTACH]</p><p><br /></p><p>Would you think the Uncirculated Barber Half Dollar for 10% over melt was a good deal? </p><p><br /></p><p>Most of us on here LOVE coins (the beauty and history) so I think whenever you can find a beautiful piece of history for 10% over melt value, I will always say it&#039;s a great deal!&nbsp; </p><p><br /></p><p>To me, it&#039;s sort of like being able to buy a piece of art, a painting or scupture, where the value of the materials (which you could sell anytime) covered 90% of what you paid for the art.&nbsp; You just don&#039;t have that much at &quot;risk&quot;.[/QUOTE]</p><p><br /></p>

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