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<p>[QUOTE="Juan Blanco, post: 1650466, member: 41665"]I actually love <i>the idea </i>of coining your own PM money (props to Nothouse for the courage for that, simply) but he blew it in so many ways. The Paper was a criminal ripoff of epic proportions, but it's still trading too. </p><p><br /></p><p>Honestly, I'm not a big fan of his coin designs. The legends (fonts) are tacky; aesthetically they're junky coins. Of all, I do like the classic-stypled/replica <i>Gold-Plated KING Kalakaua 2007 Dala Hawaii Dala 1 Ounce .999 SILVER Liberty Dollar</i>, and (kitsch-factor) recent <i>2nd Amendment Ruger "Not Norfed" </i>(hahaha!) made for Bud's Gun Shop. I'm guessing Bud's were new dies or whatever survived the Fed's raids. Maybe someone has more info.</p><p><br /></p><p>Norfed auctions are still sneaking through: <a href="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&campid=5335874456&toolid=10001&mpre=http%3A%2F%2Fwww.ebay.com%2Fitm%2FNORFED-20-Liberty-Dollars-1-Ounce-999-silver-2005-Type-2-%2F140920245013" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&campid=5335874456&toolid=10001&mpre=http%3A%2F%2Fwww.ebay.com%2Fitm%2FNORFED-20-Liberty-Dollars-1-Ounce-999-silver-2005-Type-2-%2F140920245013" rel="nofollow">http://www.ebay.com/itm/NORFED-20-Liberty-Dollars-1-Ounce-999-silver-2005-Type-2-/140920245013</a></p><p><br /></p><p>On 2/21/2013 POS was $28.72/ozt, that particular Norfed bullion round sold on eBay for USD $46. </p><p><br /></p><p>The range for Ag bullion on eBay that date was $33. - 37. ; the average bullion price was $35.47/ozt, so the 'eBay premium for retail bullion' was 23.5%</p><p>The range for Ag coin (numimatic value) was likewise $36.70 - 66. ; the average Ag Coin price was $42.13/ozt, so the 'eBay premium for retail coin' was 18.8%</p><p><br /></p><p>fwiw, the uncirc Au-grade Norfed "varietal" was <i>about 9% pricier than the average</i> ebay Ag .999 coin; or, at market, it's about as desirable as a dinged vintage art-bar or older, unslabbed ASE (Au grade.) Given the extraordinary price-collapse (eroded premium) of the Norfed market so far - and in fair comparison to bullion alternatives in today's mkt - I really can't see how generic Norfeds offer collectors any better investment value in the future than Pandas, art-bars, Kookburras, odd commemoratives, etc. </p><p><br /></p><p>Additional risk with Norfeds (the illiquidity of contraband) warrants further discounting too, I think.[/QUOTE]</p><p><br /></p>
[QUOTE="Juan Blanco, post: 1650466, member: 41665"]I actually love [I]the idea [/I]of coining your own PM money (props to Nothouse for the courage for that, simply) but he blew it in so many ways. The Paper was a criminal ripoff of epic proportions, but it's still trading too. Honestly, I'm not a big fan of his coin designs. The legends (fonts) are tacky; aesthetically they're junky coins. Of all, I do like the classic-stypled/replica [I]Gold-Plated KING Kalakaua 2007 Dala Hawaii Dala 1 Ounce .999 SILVER Liberty Dollar[/I], and (kitsch-factor) recent [I]2nd Amendment Ruger "Not Norfed" [/I](hahaha!) made for Bud's Gun Shop. I'm guessing Bud's were new dies or whatever survived the Fed's raids. Maybe someone has more info. Norfed auctions are still sneaking through: [URL="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&campid=5335874456&toolid=10001&mpre=http%3A%2F%2Fwww.ebay.com%2Fitm%2FNORFED-20-Liberty-Dollars-1-Ounce-999-silver-2005-Type-2-%2F140920245013"]http://www.ebay.com/itm/NORFED-20-Liberty-Dollars-1-Ounce-999-silver-2005-Type-2-/140920245013[/URL] On 2/21/2013 POS was $28.72/ozt, that particular Norfed bullion round sold on eBay for USD $46. The range for Ag bullion on eBay that date was $33. - 37. ; the average bullion price was $35.47/ozt, so the 'eBay premium for retail bullion' was 23.5% The range for Ag coin (numimatic value) was likewise $36.70 - 66. ; the average Ag Coin price was $42.13/ozt, so the 'eBay premium for retail coin' was 18.8% fwiw, the uncirc Au-grade Norfed "varietal" was [I]about 9% pricier than the average[/I] ebay Ag .999 coin; or, at market, it's about as desirable as a dinged vintage art-bar or older, unslabbed ASE (Au grade.) Given the extraordinary price-collapse (eroded premium) of the Norfed market so far - and in fair comparison to bullion alternatives in today's mkt - I really can't see how generic Norfeds offer collectors any better investment value in the future than Pandas, art-bars, Kookburras, odd commemoratives, etc. Additional risk with Norfeds (the illiquidity of contraband) warrants further discounting too, I think.[/QUOTE]
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