New section

Discussion in 'Bullion Investing' started by mrbrklyn, Feb 19, 2009.

  1. mrbrklyn

    mrbrklyn New Member

    Thanks!

    Ruben
     
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  3. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    Yes! I know bullion collectors are considered a sub-human subset of the hobby to many purists, but there are many fine bullion coin designs. And someone putting together a collection of ASEs today might be like someone collecting Morgan dollars as they were issued 130 years ago.
     
  4. Argento

    Argento Perplexed

    This whole concept is very new to me and I struggle to understand why it exists. Even more bizarre is the concept that a coin with an intrinsic value is somehow "not real". Even the name of this forum suggests an ostracized view of the practice of collecting these coins. It's as though there is no purpose for these coins other than pure investing.

    A co-worker just pointed out that it might be an extension of the eternal rich vs. poor struggle. That would at least explain it, in part, I guess.

    Anyway, I will never agree with the concept but I would like to understand better than I do now.
     
  5. mrbrklyn

    mrbrklyn New Member

    The name of this section is not belittling at all and there are already tons of nice threads in this section. Frankly, I'd say something more direct but its not permitted on cointalk. The objections are insane. The US Coins section is running at almost 2 new pages fulls of messages an threads hour now. And you claim that anyone meant to call anyone subhuman or a subspecies is itself deserving of an apology to Peter and the entire community.

    Ruben
     
  6. Argento

    Argento Perplexed

    You might want to try reading over the thread again and get straight on who claimed what.
    You can always say what you want to say in PM's.
     
  7. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    As a bullion collector, I reserve the right to call myself whatever I want. Are hyperbole and humor banned from the forum? Surely people recognize the difference between a statement of exaggeration for emphasis and an insult. Or, perhaps not. Let me know.
     
  8. maksimfa

    maksimfa New Member

    This section is awesome.... when i saw it, i didnt recall if it was new... made me think twice... but I guess the posts were moved here.

    the reason I like silver/gold bullion coins, is well, fairly easy to get into it, and at teh end of the day, has easy to unload bullion value as well. Lastly, a nice hedge against inflation and I can without a doubt look at it as part of my retirement and investment portfolio.
     
  9. FreakyGarrettC

    FreakyGarrettC Wise young snail

    I find that very strange also when all coins used to bare intrinsic value before the US was so cheap. They would stick silver plugs in pennies to raise their value. They did not like the fugio cent because it did not contain 1¢ value of copper. And wasn't the trade dollar like a bullion coin? :confused:
     
  10. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    I don't think people really believe bullion coins aren't real. $20 liberties and saints were primarily bullion coins in their time too. Bullion is just a different segment of the market because they were never used in commerce and for the most part are fairly new with little historical significance - yet. That is an important distinction. Commemoratives fall into another category in that they are neither bullion nor commercial coins. At least that's how I see it. There is something for every taste.
     
  11. Argento

    Argento Perplexed

    Also, Cloud, I was calling out mrblkkn for attributing to me something you posted and I didn't mean to disagree with you, quite the contrary. I just didn't want that dude calling me out for something I never did -- apparently, he is quick to demand an apology but not so quick to offer one.

    At any rate, thanks for the insights posted. I imagine I will get used to this bullion vs. normal coin thing, kinda like Chevy vs. Ford or something of that nature.
     
  12. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    I just figured I'd jump in and break up the fight.
     
  13. maksimfa

    maksimfa New Member

    Humn, yet another insightful distinction.

    Silver, Gold and Platinum American Eagles are bullion coins....

    whereas the Lincoln commeratives are bullion + collectible. If you are collecting lincoln silver commeratives, or any other for that matter for the bullion value.... you are not the sharpest tool in the shed.

    Though when I placed the order for lincolns, that is what I was feeling, just didnt put it on paper. Silver commeratives are a great way to get into numismatics with still a great bullion base to it.
     
  14. mrbrklyn

    mrbrklyn New Member

    If you mean it as a self-deprecating joke, then my apologies, but that is not how it reads. I would never insult anyone for how they collect, or for that matter, how they invest, and I'm certain that highlighting that as a section wasn't intended, nor would it in practice be, belittling in any way.

    Ruben
     
  15. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    Yes it does.
     
  16. GDJMSP

    GDJMSP Numismatist Moderator

    That's how I read it - as a joke.
     
  17. green18

    green18 Sweet on Commemorative Coins Supporter

    Callin' people out? What is this, West Side Story?
     
  18. spock1k

    spock1k King of Hearts

    no this is bullion side story :D
     
  19. Sky Masterson

    Sky Masterson Junior Member

    I'm a newbie, but to me Spock1k avatar of a AGE bullion coin is a thing
    of beauty. I also think silver bullion coins & bars look great. It's fun to
    collect things of beauty and value at the same time.

    :)
     
  20. coinbuff

    coinbuff Senior Member

    Spock's avatar

    Hi Sky,
    I agree that GAEs and SAEs are gorgeous coins. I just wanted to inform you that Spock's avatar is the Ultra High Relief St. Gaudens Double Eagle (the one just released by the Mint). :)
     
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