Olympic Coins

Discussion in 'Silver Coins' started by Austro, Jul 11, 2016.

  1. Austro

    Austro Member

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  2. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    Historically Olympic coming are a flop
     
  3. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    My lady friend has the Sydney Olympic gold and silver set. It has taken 16 years for spot to equal what she paid for them!
     
  4. Austro

    Austro Member

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    While I agree that Olympic Coins have been a flop in the past. (I actually own both the gold and silver Sydney Olympic sets and the silver kilo). One could arguably attribute that to mintage, Silver kilo mintage in 2000 was 10,000 this year's was 50. The Gold coin set has a 3000 mintage and for a cost of $4920 rrp it would be quite difficult to find many people going to pay much of a premium on it. Also I was merely commenting that the designs were quite impressive especially when you compare with the coins released for London 2012 or even Beijing 2008.
     
  5. silver kook

    silver kook Active Member

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    Wait until after the Olympics. You will get them cheaper after everybody has lost interest. Happens every time.
     
  6. Tomsmith

    Tomsmith New Member

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    The 1kg silver coin is definitely worth buying. Only 50 mintage, never happen is history. The price will go very high for sure.
    I am looking for one by the way.
    It is totally different story with the 2000 olympics coins -very large mintage.
     
  7. Lunardragon

    Lunardragon Well-Known Member Silver Stacker

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    has the Mint ever issued $2 Olympic colour coins before?
     
  8. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    No
    Let's revisit this post this time next year
     
  9. Austro

    Austro Member

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    I am too, I purchased one of the gold plated 1oz coins as well. I believe the mintages makes a much greater case for investment this time around. If they don't go up I'm happy because I believe it will be a very good looking coin.
     

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