Looking at buying a tube of rounds to give out as presents to the niece's & nephews's. As I have never bought rounds any suggestions would be appreciated. I can get a tube of maples for $26.50ea is that a good deal? If they wanted to cash them in what would they get for them on average, obviously depending on silver price. Lets pretend they wanted to sell them at today's price.
lol maples.. IMHO worst choice ever. Get em something in a capsules so the paws won't effect the $$ of the coin (kooks?) or round 50s is they seem to hold their premium??
Ok so they just turn to shit? they all do that or just stuff that has been handled? Any suggestions on what I should be paying for a tube of kooks?
AFAIK they all do it, even if kept in capsules. As for kooks, any of the sponsors will do. I have a maple without milk spotting (my only one)... but it's probably a fake http://www.perthbullion.com/shop/detail/pmkook15sco1/ http://www.goldstackers.com.au/stor...as/perth-mint-1oz-silver-kookaburra-2015.html
Maybe I am just lucky. /knocks on wood.. I have a few hundred maples of various years with no spots whatsoever. I prefer the design to ASE's. Especially like the newer ones with the radial lines and security privy.
So if they are nice and clean in the tube with no spots do you think they would continue to remain in good order?
At the moment, yes they are clean. Have some 2010 - 2015 in various quantites. Some in capsules and others in tubes. Will they spot in the future, if I knew that I would be wealthy as I would also know what metal prices would do as well. Not sure what causes the spots wether it is only on certain batches due to variations in the procedure or what.
Assuming the nieces & nephews are on the younger side? I wouldn't do tubes of anything. Get 'em one each of a variety of designs from a variety of government mints from around the world.. Kook & Lunar from the Perth Mint, American Eagle, Canadian Maple, Chinese Panda, Austrian Philharmonic, Britannia, etc. Maybe some cool generic rounds, too.. Zombucks, Provident Prospector, etc. Throwing them in air-tites / capsules (with a gloved hand) first would probably be a good idea. Note that there are different sized capsules.. Giving them a variety will gain & keep their interest better. More fun that way, with all the different designs & countries. Plus they can trade if they want. Nice gifts!
I ended up with 10 2011 koala's and 10 2013 kookaburra's for $28.00ea I hope that was a good deal lol
Enjoyed reading your post and replies. I just bought 25 Maples today from ABC. My biggest single purchase so far. By the sounds of replies here wasn't such a great idea. I'm buying for investment purposes and occasional gifts. Any suggestions or advice appreciated.
With SML's you'll always have 1oz of silver, but in my experience 3 out of 5 develop some sort of spotting over time. So buying them is fine, as they are nice coins and they are still silver, just some won't look as nice as they should do in a few years time, which might spoil the 'gift' if given away as a present. You could get lucky though...
Is this spotting a common problem with only the SML? Or something that silver coins of all types are prone to?
The 2015 SML has the "Bullion DNA" security feature. Gold Stackers will have the device in store hopefully late in 2015 for authenticating 1oz gold and silver maple coins.
It can & does happen with any silver, really.. Nothing is immune. Proof coins can get them, too. I have a few minted bars that developed some milk-spots. Even a cast bar! FYI, that photo of the 2009 Maple is an extreme example. In my experience, anyway, if it does happen, it will only be a few smaller spots. There are some mints & years that can be more prone to them.. Maples, Philharmonics & Somalia Elephants immediately jump to mind. But that doesn't stop me from buying a few of those each year. Environmental conditions might play a role, like constant high humidity where they're stored. But again, any modern piece can get them -- and oftentimes it's not a huge deal. I can live with a few spots here & there. It can be unfortunate.. But for a lower-premium raw bullion coin, it's not the end of the world. Well, maybe for most people. Official mints across the globe are aware of the issue. Apparently at least one is working on a solution. They should all follow suit..