What is the most expensive 1oz bullion coin in the last 20 or 30 years

Ipv6Ready

Ipv6Ready

Well-Known Member
Silver Stacker
Mintage and Premiums got me curious, what are the most expensive 1oz pure silver bullion coins in the modern era?

Lets take out ultra low mintage coins of 10 or coins which have 20 carats of diamonds embedded in them or have ridiculous mintage's of 1000 or 100 or less for example.

For example 1986 non slabbed can be had for $50 (though there is 1986 NCG MS69 for $49.99 US as well) so what makes a 2014 WTE $50 to $60?
 
Ipv6Ready said:
Mintage and Premiums got me curious, what are the most expensive 1oz pure silver bullion coins in the modern era?

Lets take out ultra low mintage coins of 10 or coins which have 20 carats of diamonds embedded in them or have ridiculous mintage's of 1000 or 100 or less for example.

For example 1986 non slabbed can be had for $50 (though there is 1986 NCG MS69 for $49.99 US as well) so what makes a 2014 WTE $50 to $60?
Click to expand...

My opinion only: The 2014 WTE is by far the best designed bullion coin the Perth Mint has ever released and they didnt desighn it!

I am quite new to coins of any type but the 2014 and 2015 WTE oozes quality in both desighn and bullion presentation of actual in hand coin. $60 is cheap for such a wonderful coin but alas too many "lunatics" are being lead around on a leash by PM to realise. :)

I am not a flipper or bulk buy for profit type and never will be but if I was then 2014 and 2015 WTE,s would be the PM rolls I would be holding onto :)
 
Definitely Perth mint seems very expensive. I wonder how many of WTE could come back on the market in the future?

Surely the vast majority of WTE are with silver investors who are likely just sell back to the dealer.
 
What is the most expensive 1oz bullion coin in the last 20 or 30 years

Ox

Mouse


Crikey! Glad you didn't ask about the 2oz! :D
 
The 1983, 1984, 1985 Silver Pandas by far. I believe these were considered bullion. And they ain't cheap. What is spot on. Nothing compares to the Chinese, once again. :-)
 
Mongolian wolverine around 3 years ago.
Bought one for $1300, and flipped for a profit.
 
The wolverine wasn't classified as a bullion coin. :-) But still, the Pandas blow that thing out of the water. Pandas have maintained their value, the wolverine not so much. Once again, the Chinese take the cake. :-)
 
barsenault said:
The wolverine wasn't classified as a bullion coin. :-) But still, the Pandas blow that thing out of the water. Pandas have maintained their value, the wolverine not so much. Once again, the Chinese take the cake. :-)
Click to expand...
Fair enough. :)
 
between 2009 to 2011
more expensive than the rest of the 20-30 years
 
I would have to go with the Rwandan Gorilla. Haven't seen that one faked yet unlike the Chinese coins :p
 
There really is no one perfect coin to answer the question.

A coin that is popular or desirable (and often more valuable because of this) today might not have been popular 25 years ago and might not be desirable 10 years from now.

Also, depends on the market....are we talking the U.S. market, the Aussie market, the European market?

Some high graded modern bullion coins might be the most expensive. For example, try to buy or even find for sale an NGC or PCGS slabbed MS70 Canadian Silver Maple Leaf (plain old 1 oz silver CML bullion coin with no privy or any other added commemorative motif) dated prior to 2015. If you do find that 1 MS70 coin....how much do you think you'd have to pay to own it? Probably more than any other modern bullion coin in the world. And, there were millions of those same exact coins minted by the RCM....so it's not a low mintage coin at all....just the opposite in comparison to most other bullion coins.




.
 
Is this because there were not enough minted good enough to grade ms70 or nobody was interested in paying the ms70 price for a plain maple?
 
I wasn't looking for a specific coin, was trying to see if there is a pattern to what makes a coin expensive, I was thinking design had a big factor, but it seems design is not the end all.

For example I can see the pandas becoming much more expensive, as the Chinese population gets richer I'm sure new collectors will be seeking early years. However the design is average.

The more I get to know silver bullion coins, there seems to be four different categories for pricing.

1. At spot - nicked or spotted or not popular at all.
2. Low premium or coins that has become unpopular after initial release.
3. Premium - 25% to 50% current year montages to 300% depending on popularity vs scarcity past years.
4. Super high premium, rarity be it low mintage or not in circulation ie resold much.
 
Ipv6Ready said:
I wasn't looking for a specific coin, was trying to see if there is a pattern to what makes a coin expensive, I was thinking design had a big factor, but it seems design is not the end all.

For example I can see the pandas becoming much more expensive, as the Chinese population gets richer I'm sure new collectors will be seeking early years. However the design is average.

The more I get to know silver bullion coins, there seems to be four different categories for pricing.

1. At spot - nicked or spotted or not popular at all.
2. Low premium or coins that has become unpopular after initial release.
3. Premium - 25% to 50% current year montages to 300% depending on popularity vs scarcity past years.
4. Super high premium, rarity be it low mintage or not in circulation ie resold much.
Click to expand...

Collector base continuation coupled with speculation of continued collectability that raises both initial premiums followed by secondary premiums that can raise to demand peak.

Some collectors like to complete sets of coins and want post coins to their collection start which creates a sellers market causing secondary premiums to raise up to whatever the buyer is willing pay, this in turn can create a false selling price expectation for future sellers who purchased at the highest secondary premium believing it to be the new value of the coin.

Follow and participate in the buy sell section of this forum closely and will you see this happen regular

In the end all bullion coins are only worth the metal buy back price if nobody wants to buy them for collectable want or speculation of collector want.
 
fishtaco said:
Is this because there were not enough minted good enough to grade ms70 or nobody was interested in paying the ms70 price for a plain maple?
Click to expand...



Because CSML's are notoriously poorly minted and to find a flawless one is like finding a needle in a haystack.




.
 
You must log in or register to reply here.
Back
Top