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<p>[QUOTE="TopcatCoin, post: 1879427, member: 22746"]Agreed, but maybe in some cases it is more bullion collecting (ASEs, pucks) than coin collecting (Morgan dollars, other 90%). The premiums were not great across all the options listed by the OP. That "other" category could have included generic rounds or maybe a generic 10 oz bar that sells very close to spot. You raise and interest point about mintage and designs though. I always try to look for the best deals, although I do tend to purchase items that are aesthetically pleasing to me, such as ASEs and Libertads. The good news is that these aesthetically pleasing items typically sell for a premium based on higher demand, so when I have sold I always recoup that premium above spot. I think the bullion pucks have promise to increase in value, not only based on bullion value, but based on lower mintage and design. For example, I bought the Hawaii 5 oz puck for about 10% above spot in 2012. Because it is the lowest mintage so far and people like the cool design, I can easily make a 3-4 times profit if I sell it now. I was in a local bullion/coin shop a while back, and the guy told me that the best way to buy silver was at or below spot. I asked him if he had anything like that, he reached under the desk and pulled out a box of unrecognizable metallic objects (cylinders, bearings, disks etc.) that he said were all marked .999 silver. It looked like scrap metal. He said that he would weigh as much and I would like and offer it to me at spot. I said no thanks...show me those aesthetically pleasing ASEs instead. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> TC[/QUOTE]</p><p><br /></p>
[QUOTE="TopcatCoin, post: 1879427, member: 22746"]Agreed, but maybe in some cases it is more bullion collecting (ASEs, pucks) than coin collecting (Morgan dollars, other 90%). The premiums were not great across all the options listed by the OP. That "other" category could have included generic rounds or maybe a generic 10 oz bar that sells very close to spot. You raise and interest point about mintage and designs though. I always try to look for the best deals, although I do tend to purchase items that are aesthetically pleasing to me, such as ASEs and Libertads. The good news is that these aesthetically pleasing items typically sell for a premium based on higher demand, so when I have sold I always recoup that premium above spot. I think the bullion pucks have promise to increase in value, not only based on bullion value, but based on lower mintage and design. For example, I bought the Hawaii 5 oz puck for about 10% above spot in 2012. Because it is the lowest mintage so far and people like the cool design, I can easily make a 3-4 times profit if I sell it now. I was in a local bullion/coin shop a while back, and the guy told me that the best way to buy silver was at or below spot. I asked him if he had anything like that, he reached under the desk and pulled out a box of unrecognizable metallic objects (cylinders, bearings, disks etc.) that he said were all marked .999 silver. It looked like scrap metal. He said that he would weigh as much and I would like and offer it to me at spot. I said no thanks...show me those aesthetically pleasing ASEs instead. :) TC[/QUOTE]
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