Why are Gold Philharmonics cheaper than others?

Discussion in 'Bullion Investing' started by SilverCeder, Oct 18, 2021.

  1. SilverCeder

    SilverCeder Member

    Why the heck are Gold Philharmonics so cheap compared to anything else? 1/10 fractional on APMEX; $208. Maple; $228. Eagle; $257. Is it really just a popularity contest? I mean I understand demand...... but $50.00 between a Philharmonic and an Eagle? Wow....
     
    leAurenard and GH#75 like this.
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  3. green18

    green18 Unknown member Sweet on Commemorative Coins Supporter

    Been happening for years......
     
  4. potty dollar 1878

    potty dollar 1878 Well-Known Member

    Because there basically the lowest of the low and underrated.Yes because of just being an unpopular and some call it the ugliest design by far yet.Its been this way for years and really is quite sad,I wouldn't bet on them as an investment for gold.
     
  5. Kentucky

    Kentucky Supporter! Supporter

    Why not, it's still 1/10 oz gold. Not sure how well premiums hold up.
     
    leAurenard likes this.
  6. potty dollar 1878

    potty dollar 1878 Well-Known Member

    In this case thats what this is about if the difference is $50 between an AGE and the phlill which would you choose to back up the truck and save for say 50 years then cash out.
     
    Kentucky likes this.
  7. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Simple answer, not as popular, premiums are paid for coins that everybody want
    philharmonics are down the list a bit.
     
    Kentucky likes this.
  8. Kentucky

    Kentucky Supporter! Supporter

    However 50 years down the road, which will be more popular and by how much.
     
  9. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    American Gold, such as ASE 1 and 2
    plus the Buffalo will always demand
    a premium however that same premium
    will apply when you go to purchase as
    well, so your really just playing even
    at that point.
     
    leAurenard likes this.
  10. green18

    green18 Unknown member Sweet on Commemorative Coins Supporter

    Chill on the 'fractionals' people. Youse always gonna take a beating 'investment wise'. Save up for a 'one ounce' example......
     
    Mr. Flute, midas1 and Kentucky like this.
  11. leAurenard

    leAurenard New Member

    I would argue that the obverse, The Grand Musikverein Pipe Organ, is waaaay nicer to look at than the dour looking Paul Kruger or an aged profile of Queen Elizabeth. (God bless & keep her.) :)

    Moreover, it's my understanding that the Austrian Philharmonics, in both gold & silver, are hugely popular all across Europe and have been since their inception.
     
  12. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Are you talking about appearance or
    the bullion it’s self ? I think your
    confusing the two, makes no difference
    what it looks like from a bullion point
    of view, worth the same be it B/U or
    run over by a train.
     
    fretboard likes this.
  13. fretboard

    fretboard Defender of Old Coinage!

    Yes, US gold coins first as far as price goes and foreign next and many collectors never buy foreign, not ever! I buy foreign but I don't own any Gold Philharmonics. Most of the foreign gold coins I own are pre-33. :D
     
    slackaction1 likes this.
  14. slackaction1

    slackaction1 Supporter! Supporter

    Why does it always got be ran over by a train... that's a false statement...I'll trade ran overs for BU's especially if its graded I know how much you like graded Bullion..
     
  15. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    I think that’s the worst condition a coin
    can be in. that’s why I make that reference, I would like to see what this
    coin would grade, of course it would
    be in a “Run over by a train label”…LOL


    upload_2021-10-22_11-0-9.jpeg
     
    potty dollar 1878 likes this.
  16. potty dollar 1878

    potty dollar 1878 Well-Known Member

    You going to make a cent taco with the (upper right):D:D.
     
    fretboard likes this.
  17. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    All I need is some ground beef, cheese
    lettuce and tomatoes and a little sour cream and I would be all set :)

    However, I think the shell would be
    a little tough…LOL
     
    fretboard likes this.
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