[pic inside] What's acceptable condition of new coin?

Discussion in 'Silver Coins' started by haploid23, Apr 2, 2014.

  1. haploid23

    haploid23 New Member

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    This was from my very first purchase of silver, it's a 1oz Canadian Maple Leaf 25th anniversary coin from ProvidentMetals.com. I'm a little bummed out to see the edges so chipped up all around the coin on this side. Is this an acceptable condition for an undgraded new coin? Or am I just too much of a perfectionist? I bought a bunch of other silver coins from them, and although none of them are perfect, they're not this bad. Should I contact them about this or just let it go? This is the very first time I took the coin out of the plastic cover, just to take these pics:



    [​IMG]

    [​IMG]
     
  2. ironwood

    ironwood Active Member Silver Stacker

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    It's not a proof coin. I believe it is considered bullion judging by the price. I wouldn't worry. :)
     
  3. goldpelican

    goldpelican Administrator Staff Member

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    That is standard for a bullion Maple. It's been minted to bullion standards, not numismatic standards.
     
  4. Altima

    Altima Well-Known Member Silver Stacker

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    Hmm. You get what you pay for? Not so sure on provident being the best in their return policies.
     
  5. barsenault

    barsenault Well-Known Member

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    But if you are talking a bullion perth mint kook or a lunar coin, then you can expect 'numi' like quality, hence, you get what you pay for!!
     
  6. Aureus

    Aureus Active Member Silver Stacker

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    don't worry about it, it's sitting there just waiting to grow milk spots to piss you off anyway :)
     
  7. funman1

    funman1 New Member

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    Yes I would say that's normal.
    It's a bullion round, meaning you are pretty much getting it simply for the silver value, and recognition of where it came from.

    I've gotten some pretty beat up bullion rounds from JM too.
    But I mean I paid just over spot,
    so I mean I didn't buy them for numismatic value,
    and didn't pay the numismatic price either sooooo...
    Kinda comes with the turf when you buy Bullion for basically silver value.

    If you bought graded, and paid for graded, then this would be COMPLETELY unacceptable!!
     
  8. 1for1

    1for1 Well-Known Member

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    Bullion - after it is struck it falls into a pile.. contact, bag marks occur as the quality control is not at a level where business strikes are treated as a collectable.

    Soon it will be a milky-bullion but don't worry cause its $5 (the selling point always spelt out when comparing the maple to other world coins and bullion)
     
  9. haploid23

    haploid23 New Member

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    I initially thought the small price premium of new uncirculated coin would have a better quality than a silver round with a smaller price premium. I bought a bunch of various different rounds in the same order, and they came in better condition than this coin.

    Thanks guys, I'll lower my standard a tad so I don't get disappointed for future orders.
     

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