Discussion in 'Bullion Investing' started by mrbrklyn, Feb 19, 2009.
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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.
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.
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.
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.
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.
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?
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.
I just figured I'd jump in and break up the fight.
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.
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.
Yes it does.
That's how I read it - as a joke.
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.
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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