what are aussie's view of N korean coins?

Discussion in 'Silver Coins' started by 97guns, Jan 4, 2012.

  1. 97guns

    97guns New Member

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    i took a fairly large position on these north korean .925 coins, my local dealer buys them for spot and ive seen them get a nice premium on ebay, i can also sell back to the large online dealer that i purchased them from. just wondering what the popularity of north korean coins are over there.

    [​IMG]
     
    97guns, Jan 4, 2012
    #1
  2. Guest

    Guest Guest

    If they are legit, I'm going on record for saying they are fucking gorgeous.

    Love them!
     
    Guest, Jan 4, 2012
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  3. silverstar1

    silverstar1 New Member

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    These look like kinda cool coins, although I am not a big fan of 925. I would be interested at close to spot. I dont think many people are aware of these myself included. It seems like they must be kind of hard to get ,N korea is a strange country , I am suprised many of these get exported . What country are you buying them from? and is the any info on mintage limits?
     
    silverstar1, Jan 4, 2012
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  4. Guest

    Guest Guest

    I'm actually a pretty big fan of 925 silver. Highly under rated IMHO.
     
    Guest, Jan 4, 2012
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  5. 97guns

    97guns New Member

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    could not find any mintage numbers on the,. got them here in the us at apmex for .50 over melt when silver was $31, worked out to around $29.10 each

    they seem to get mixed reviews when i mention them, some guys are dead set about never owning anything from N.K.

    i figure if my local guy gives me spot then silver really is silver
     
    97guns, Jan 4, 2012
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  6. Guest

    Guest Guest

    Well that's it, isn't it?

    Suggesting silver (or gold) has political affiliation is simply stupid, a sign of how dumb (even some stackers) can be.

    Like I said, the only caveat I have is that it's legit and verifiable as representing what it is.
     
    Guest, Jan 4, 2012
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  7. goldpelican

    goldpelican Administrator Staff Member

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    Are they intended to be circulating coins? 925 makes a lot of sense there (as does 22k gold).
     
    goldpelican, Jan 4, 2012
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  8. Captain Kookaburra

    Captain Kookaburra Well-Known Member Silver Stacker

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    I have no problems buying North Korean Silver with US paper. :)

    Who loses out there?
     
    Captain Kookaburra, Jan 4, 2012
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  9. Aureus

    Aureus Active Member Silver Stacker

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    Are they coins or rounds?
     
    Aureus, Jan 5, 2012
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  10. happycrank

    happycrank Member

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    i dont have a problem collecting north korean coins. i have some colored pandas, a dragon and some coins celebrating the 2000 sydney olympics.
     
    happycrank, Jan 5, 2012
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  11. 97guns

    97guns New Member

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    they're coins, 10 won is the denomonation
     
    97guns, Jan 5, 2012
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  12. Diablo21

    Diablo21 Member

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    My Canadian view: I like them. Wouldn't mind adding a few to my collection.
     
    Diablo21, Jan 5, 2012
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  13. Austacker

    Austacker Active Member

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    I think they look OK, but I wouldn't buy any just not my thing, however there seems to be enough interest good score :)
     
    Austacker, Jan 5, 2012
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  14. renovator

    renovator Well-Known Member

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    I wouldnt trust North Korea as far as i could spit .They are probably radioactive or treated with some chemical warfare agent :lol: Paranoid? Who me ?
     
    renovator, Jan 5, 2012
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  15. Matthew 26:14

    Matthew 26:14 New Member

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    I dont buy a country's coins/products if I despise their regimes. That's what I dont touch the Somali elephants and I wouldnt buy a north korean anything, an Iranian anything etc etc...
     
    Matthew 26:14, Jan 5, 2012
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  16. THUCYDIDES79

    THUCYDIDES79 New Member Silver Stacker

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    Fractional Reserve Banking is also a regime (?!) so are you gonna stop buying fiat money ?!

    ( assuming FRB is a regime, and you despise FRB ).


    **

    So N Korean coins at $0.50 over melt when silver spot was in low $30 ?!

    I think its a great buy ( irrespective of what country has issued them )

    the fact that they are from N Kor can only cause them to be worth more in the future.
     
    THUCYDIDES79, Jan 5, 2012
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