Sitting here contemplating losing a bet and adjusting my spreadsheet. I have collected the mintage figures against my 1/10 gold bullion coins and was just wondering whether these were worth considering for bullion coins. as an example... 1/10 kruger 1984 mintage = 898,270 1/10 kruger 1997 mintage = 21,936 1/10 USA Eagle 1997 mintage = 528,515 Clearly the '97 kruger is the better choice that the other two all else being equal. Or as they are all bullion just stack them and forget about it? I'm guessing the answer will be the latter.
No, obviously the '97 would be the better option to stack but all three in this example were bullion coins. Do mintage figures have relevance to bullion coins or only to proofs?..... ...To answer my question myself after a bit of thought...Of course not otherwise the recent surge in interest in silver kangaroos over kookaburras would not have occurred.
low mintage figures "can" have relevance to bullion coin pricing. look at the 1/10oz "bullion" 1996 lunar gold mouse, 3792 made from memory.. that would def sell for more than current 1/10oz gold coin.. but when you're talking the coins in your OP then no i wouldn't think the mintages would matter much (they are just too large). it all depends on the buyer, if they are happy to pay a bit more because it's a bit rarer. with krugers or eagles i wouldn't think there is much demand for the "rarer" ones.
Hey mate. If you hve the details of mintages when you see a particular coin/s for sale, all prices being the same, get the lowest mintage. Even if it doesn't appreciate in value much, you will be able to sell it easier and use the mintage as a selling point. Everyone likes something a bit rarer than others.
Mintage figures DO influence the prices of coins. classica case are the Australian crowns minted in 1937 and 1938. 1937 : around $40 1938 : around $130 since im at work i dont have access to the mintage figures of both coins, but it is the much lower mintage of the 1938 coin that causes its price to be at least 300% of the 1937 issue.