Proof or Bullion?

Discussion in 'General Precious Metals Discussion' started by STC, Aug 10, 2017.

  1. STC

    STC Well-Known Member Silver Stacker

    Joined:
    Mar 16, 2011
    Messages:
    1,172
    Likes Received:
    271
    Trophy Points:
    83
    Location:
    Perth
    The flood of bullion grade coloured/privy Coins (especially with the 2012 Dragon) had a negative effect on SII Proofs.

    I used to collect Proof coins because:
    Limited Mintage - hard to get.
    Proof - Better Quality than a bullion coin.
    Display box, Clam & serial/coa - adds to authenticity.

    Why buy a Proof for $x with a low mintage when you can get one of the 300,000 bullion grade version for cheaper? Or one of the 170,000 coloured bullion version etc. Add the amount of BULLION versions together, it's almost unlimited.

    The problem is that many new people do not realise the difference between Proof & Bullion. I think we should appreciate the quality & exclusiveness of Proof Coinage.

    Has anybody recieved a Proof coin from Perth Mint with white spots? If so I'd take it back!! Try that with bullion.

    Bullion Mintage:
    http://www.perthmint.com.au/investment-bullion-bars-and-coins-mintages.aspx

    Proof Mintage
    http://www.perthmint.com.au/numismatic-mintages.aspx
     
  2. bubblebobble2

    bubblebobble2 Administrator Staff Member Silver Stacker

    Joined:
    Feb 6, 2012
    Messages:
    5,441
    Likes Received:
    3,530
    Trophy Points:
    113
    Location:
    P!MP land-Seedeneey
    I always get PR on lunars... only get BU for those hard-to-get PR coins...
     

Share This Page