It looks like Provident Metals is at it again with a new amazing silver round! After the Prospector, they are introducing a new 2 oz Ultra High Relief round called the Privateer. This round is just like the last and it looks amazing!! And the price isn't bad for it being called "Ultra High Relief." http://www.providentmetals.com/elem...tm_source=facebook.com&utm_campaign=privateer Source: Provident Metals
Skull , not again !!! That was my first thought, but when I checked the reverse I changed my mind. I think in this round "high relief" is going to be real high relief, since the round has 40mm in diameter. If anybody will get these rounds, please share pics.
Well it's 2 oz, so that is why it's 40 mm.. right? Sorry, I have never really understood the term 'high relief'. I thought it meant that it was like, extra detail and design was more sharp and clear? Like, struck twice? Or is that only for proofs? Sorry, I have only been stacking for a year now and have never purchased a coin stating it was 'high relief' or in this case 'ultra' haha. And it's in pre-sale at the moment, but I already placed my order! They will be out on the 20th of the month so I will definitely put up pics as soon as I get mine. I'm pretty excited about it!
High relief means higher high points. Compared to let's say American Eagles, it's sort of like impasto painting vs regular painting. .
Yahoo answers: "The images on the coin are raised higher than the outer edge of the coin. These images stick out so much that you cannot stack these coins on top of each other without having the stack wobble. Therefore, you cannot stack them very high. The images of these coins are more three dimensional than images on regular coins. " "There are few coins in high relief, but most medals are... Coins in high relief take a lot more pressure to strike as well as the dies do not lat very long."
1oz coins are 39-40mm anyway so having a 2oz coin of the same diameter means it is twice as thick. So the detail can also be twice as thick, meaning more depth to the image. Many of the high relief coins I have come across are odd looking, like a concave mirror, but they have all been 1oz, so small diameter. Looking forward to this one. Yahoo wrong or at least not right in every instance. The ones I have seen have a thick edge and the detail is all below the rim, you could stack them I guess but all mine are in capsules and I only have a few. I haven't seen all of them though and from looking at the posts on the Chinese Medals they are much different from the Perth Mint High Relief.
Yeah, that's why I asked here. I could have Googled it but can never trust some answers or know if they are reliable. But that makes sense! It is the same diameter so it has to be thicker. It will probably be struck harder and thus, like mmissinglink said, it has higher high points. However, I can understand that Yahoo! answer though.. with the higher high points and the image having depth cause it's struck harder, I guess it can sorta be seen as three-dimensional.
Well Zodiac skull was release I wrote I'm afraid we will have skulls now on every "second" coin. I like the pirate "theme" and the reverse seems interesting. I just hope there will be less problems with milk spots than with Zombucks.
I really like these, but with no stated mintage or date on the round they are not as appealing as they could have been.
What are the differences between Privateers and Pirates?: http://newcoinreleases.com/elemetal-2-oz-privateer-ultra-high-relief-silver-round/
I don't understand why they left the date out, but in terms of no stated mintage, it definitely ties in with their aim to offer high quality, investment grade bullion at cost-effective prices.
Well having no mintage or unlimited mintage doesn't tie in with my idea of investment grade bullion, I would have bought a bunch of these already if there was a reasonable mintage number, but now I likely wont buy many , plus now I am in no rush to pick some up.
Hey, thanks for that article! I assumed Privateer was just some made up name they gave the coin.. like their Zombucks series. Good to find out some history. Licensed and government authorized pirates?! Haha cool!
And another note, does there being no date make much of a difference? It's a generic round. This isn't a Silver Eagle or a Libertad. It's not of a country so doesn't need a date. There are many generic rounds like from OPM and others that is just a plain bullion round. And to talk about mintage a bit.. I currently am invested in their Zombucks and Hercules series and they do the same process. They mint them 'to order' so to say. And at the end, they release the mintage number. Most of their coins average 40,000. This might be different and take off in popularity but I don't see it going over 70 or 80K.
Probably will be less finale mintage since its a 2oz verse 1oz. Still think a date would have been nice but i guess if they just change the ship or skull a bit on the next ones will be enough to determine the year on the round , if they indeed make another one next year. I assume this will be a yearly thing if its a hit.
