Numismatic silver vs Silver bullion

Hmmmmmm.When the real estate agent tells me something about a property i have to read between the lines as he has a vested interest in Selling a particular point of view.
That point of view is his business.No body with any acumen will talk down their business

REDBACK
 
I'd rather buy Gold fractional pandas at 10-25% over spot, potential return is much better than a $3000 1983 27g Silver Panda :P

That said, I don't think the Panda market is in a bubble yet. It is one of the cheapest Chinese coin 'series' right now, with some exceptions.
 
Redback said:
One word~Cult :D
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Ok, I'll bite. :)

Not sure what you're referring to but is it buying modern Chinese coins? There's logic and method behind the Chinese market, cults are illogical. :)

The Chinese possibly view kook buying in the same strange cultish way. :)

Yenuus backs his market and bothers to explain himself to all you bullion stackers. I take it as granted that you do also, back your market, as does anyone invested in anything. Who invests in something then says, "these coins I'm in, they're rubbish, arent they?" :)

I'd leave you all to it personally. :)
 
i have sold plenty of silver Numismastic coins for more than gold, weight per weight. If that's not an outstanding investment for personal wealth creation (and enjoyment) i dont know what is.
 
Bullion Baron said:
yennus said:
Bullion primarily preserves wealth.
Numismatics generally grows wealth.
If a person who bought a 1oz 2000 Silver Panda in 2000 went to sell it today, he would realistically get back enough cash to buy TEN to SEVENTY 2011 Pandas (or even more American Silver Eagles). Thus the person has grown his wealth.
What are the chances that the premiums will outperform the underlying bullion? If we're talking about Pandas (and similar numismatic coins), then in my opinion the odds are very high.
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Someone buying a 2000 panda was not buying a numismatic coin, they were buying a bullion coin which ended up achieving numismatic status.

I think you are really mixing the numismatic/bullion lines with your posts.

The year 2000 panda is now a numismatic coin.

A fair example would be to use the buyer of the numismatic coin today vs a bullion buyer (present looking forward, not taking an obscure example from history).

So someone could buy a bullion 2011 ASE today for $42 or they could buy a numismatic 2000 panda for $500.

If Silver then soared to $150 per ounce, the bullion ASE has moved a multiple of 3.5x higher, to match it the numismatic Panda must achieve a price of $1750. Do you think that is likely yennus?
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Owned
 
When/if silver soars to new heights, i am confident we will see Pandas also achieve new levels. Seeing a frosted 2000 Panda at $1500 isn't impossible, especially considering that the Big3 and other Pandas have already exceeded those prices.

When precious metal demand is high, and supply is tight, this is likely to drive numi and bullion Pandas even higher.

I collect 2000 Mirrored Pandas even when they are around $1500each, because when the silver bull starts running, i do believe that they will outpace spot.

Just look at the pricepedia panda index, and it is a FACT that many numi Pandas have outpaced spot.
 
yennus said:
When/if silver soars to new heights, i am confident we will see Pandas also achieve new levels. Seeing a frosted 2000 Panda at $1500 isn't impossible, especially considering that the Big3 and other Pandas have already exceeded those prices.

When precious metal demand is high, and supply is tight, this is likely to drive numi and bullion Pandas even higher.

I collect 2000 Mirrored Pandas even when they are around $1500each, because when the silver bull starts running, i do believe that they will outpace spot.

Just look at the pricepedia panda index, and it is a FACT that many numi Pandas have outpaced spot.
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You forgot to mention that Jim Rogers buys Pandas
 
I began by accumulating Bullion ASE, but since all my coins looked alike except for the year, I began collecting Proof ASE.

Now I'm getting hooked on Pandas - 10 NGC Silver Pandas in just the last two weeks, BUT...

I maintain a spreadsheet of all my PM purchases, and to my surprise the coins with both the largest percentage and dollar appreciation has been my Bullion ASE.

What I find amusing is that the tubes of older ASE's are now commanding a higher premium then the current year ASE, maybe because there were less than 10 million minted vs 40 million in 2011.

The most important part of making a Profit is the ability to sell. Clearly, living in the USA , the ASE are easier to sell then Pandas, Maples, Koala, Britannia, etc.

In each of our own countries, the bullion minted by our home Mints will be the easiest to sell.

I therefore, maintain the bulk of my PM in ASE.
 
An old but thought provoking thread, with a lot of interesting and different answers, but none of the answers appear to be incorrect, as each uses a different scenario to support the conclsion, which got me thinking... d'oh :)

The original question was, 'Numismatic silver vs Silver bullion'. Based upon the answers I think, IMHO, the question should have been,

'In what scenario will silver bullion outperform numismatic silver in the future?'.

This is based on the example used of the year 2000 Panda, whose numismatic value has increased far in advance of its bullion value. I guess as a result of the relatively 'benign' economic conditions up to 2008 keeping PM prices down and the scarcity/collectability of the coin itself.

The scenarios I can think of are:-

1) The next 10+ years be a repeat of the past 10+ years, therefore it's better to concentrate on numismatic?

2) The next 10+ years will be totally different, the last thing we'll be thinking of is buying collectables, therefore it's better to stack bullion silver to the roof?

3) Who knows what the heck's going to happen, so hedge your bets and split your Silver 80/20, 50/50, or 20/80 (numismatic/bullion).

I think its now widely excepted that the last few decades of economic growth were fuelled by a binge on debt, and now we're going to spend the next 20+ years paying it back, in addition the powers that be will use inflation to erode the true value of that debt.

So IMHO Bullion is the best future play.

So FWIW I think 80% Bullion, with 20% in numismatic (just in case they discover a way to turn water into Silver)

Oh, and if the SHTF.. Gold, as it fits nicely in your pocket when you run away, FIAT because it'll make a nice fire to keep you warm, but lugging 1000Toz of Silver is a no-no :)

Does this lot make sense, or have I made a fundamental mistake or missed something?
 
Reggie Perrin said:
An old but thought provoking thread, with a lot of interesting and different answers, but none of the answers appear to be incorrect, as each uses a different scenario to support the conclsion, which got me thinking... d'oh :)

The original question was, 'Numismatic silver vs Silver bullion'. Based upon the answers I think, IMHO, the question should have been,

'In what scenario will silver bullion outperform numismatic silver in the future?'.

This is based on the example used of the year 2000 Panda, whose numismatic value has increased far in advance of its bullion value. I guess as a result of the relatively 'benign' economic conditions up to 2008 keeping PM prices down and the scarcity/collectability of the coin itself.

The scenarios I can think of are:-

1) The next 10+ years be a repeat of the past 10+ years, therefore it's better to concentrate on numismatic?

2) The next 10+ years will be totally different, the last thing we'll be thinking of is buying collectables, therefore it's better to stack bullion silver to the roof?

3) Who knows what the heck's going to happen, so hedge your bets and split your Silver 80/20, 50/50, or 20/80 (numismatic/bullion).

I think its now widely excepted that the last few decades of economic growth were fuelled by a binge on debt, and now we're going to spend the next 20+ years paying it back, in addition the powers that be will use inflation to erode the true value of that debt.

So IMHO Bullion is the best future play.

So FWIW I think 80% Bullion, with 20% in numismatic (just in case they discover a way to turn water into Silver)

Oh, and if the SHTF.. Gold, as it fits nicely in your pocket when you run away, FIAT because it'll make a nice fire to keep you warm, but lugging 1000Toz of Silver is a no-no :)

Does this lot make sense, or have I made a fundamental mistake or missed something?
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Makes sense to me :D
 
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