Silver Feeding Frenzy: Buyers camp outside to buy these 5 oz coins !

Discussion in 'Silver Coins' started by Dynoman, Jan 5, 2011.

  1. Dynoman

    Dynoman Active Member

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    Quote: The Gold Center, was one of only nine outlets nationwide that were able to sell the coins to the public Monday. Owner Jim Hausman opened sales at 10 a.m. Monday, but a crowd of people had camped outside outside the business starting Sunday night. Springfield police were called to disperse those gathered before Monday, and Hausman hired three off-duty Sangamon County Deputies to provide security and crowd control Monday. No arrests were made, though Hausman said one man who tried to cheat the limit of one coin of each design per household was told to leave.

    http://www.sj-r.com/carousel/x10491...ns-attract-crowd-of-collectors-to-Springfield

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  2. jonesdav

    jonesdav New Member

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    I wonder whether any dealer will sell them online.
     
  3. Guest

    Guest Guest

    It IS a nice coin though. But that sort of demand will push it into numismatic territory...
     
  4. Loxmyf

    Loxmyf Member

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    They appeared on Gainesville Coins for a bit. There was a post on here that mentioned dealers got in trouble for pricing them in numismatic territory when the mint/government wanted them as a bullion product. They're not listed on Gainesville anymore.

    And I thought we lived in a capitalist market...
     
  5. loki.verloren

    loki.verloren New Member

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    numismatics people can have their numismatics... but it is a very nice piece of mintage, that reeding is gorgeous.

    anyway, it's inevitable in a capitalist marketplace that you have the rarified unobtanium dealers who you can't even get into their shop without being friends with the elite inner circle, viz. the haute couture market... i personally am happy with mass produced reasonable quality minted 999 silver bullion coins, to me it's money, or will be money, and monetary metals are valued by the ounce not by the mint.
     
  6. GreyGhost

    GreyGhost New Member

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    I was actually one of the few that had their initial order filled by APMEX.

    The coins were really nice but do no compare to Perth 10 Lunars etc.

    I ended up flipping mine on eBay.
     
  7. Matthew 26:14

    Matthew 26:14 New Member

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    I'll give them a miss, keep stacking my lunars.
     
  8. LovingtheSilver

    LovingtheSilver Active Member Silver Stacker

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    +1 :)
     
  9. Willow

    Willow New Member

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    Are these currency or pretty silver coins?
     

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