Message:

<p>[QUOTE=&quot;krispy, post: 2104990, member: 19065&quot;]Since holding/investing in physical PMs is generally a long position, there&#039;s always the chance that some decades or centuries from now, these rounds will be less liquid should the firms selling them go out of business, records be lost, mintages unknown, purity found to be suspect, and a potential future buyer unfamiliar with them, their integrity, etc. Were this the case, one may need to have generic rounds assayed for content, loosing time and money as well as some content in the process. </p><p><br /></p><p>With denomination bullion, it is backed by the nation that issued them and generally, their long standing history is well known and can be internationally trusted or agreed upon, and if intrinsic value wasn&#039;t taken, they are worth the value they are denominated in. Generic rounds have no such guarantee nor denominated value backing them. </p><p><br /></p><p>Denominated bullion could have a numismatic value, though many will argue this with modern issues like ASE. Yet those same folks seem to accept that Morgans were pretty much the same thing and yet are now highly valued, both intrinsically and numismatically. That&#039;s not to say that anything can and is collected and that some bullion does become collectible. There are those who buy/invest/collect older issues of bars, hand poured bars, bars with serial numbers once issued by firms such as JM, but are no longer produced in the same way. These items tend to trade at a value above their intrinsic value, among those who would collect and pay for such a thing.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in