Difference Between Bullion Coins and Numismatic Coins

[AmericanSilverEagle]

I wanted to also thank you for giving your viewers the information on grading, numismatics, etc. I love all levels of coin collecting and bullion hording. It is fun and educational. There are just too many scammers and people who got scammed who are now looking to dump their mistake on the next uninformed person. I think it gives Numismatics a bad rap. Collect what you love. Be an informed buyer. If you make a bad purchase, learn from it, but don't pass it on and continue the curse.

[AmericanSilverEagle]

I myself buy and love the American Silver Eagle. The inflated prices of graded uncirculated ASE's is sad to see. Uncirculated ASE's are 1) Not rare 2) Are still a fairly new coin so Grades of 69 by the top three grading companies of the uncirculated version are common grades for a new uncirculated coin! It will take many, many years for these slabbed uncirculated coins to become rare..if ever! It is a confidence game value, not a true numismatic value. Please, please do your due diligence.

[canaan1967]

Are the canadian maple leaf, australian koala and kangaroo and american eagle silver coins considered numismatic?

Also, if a bullion in coin form isn't as lustrous as the newly minted coins will the value still be the same as the current spot price?

[apollomiami83]

To begin with, the coins you listed are bullion coins; but, they can be marketed as Numismatic "Collectible" coins to increase profit (i.e. usually overpriced). Yes! The Bullion coins even if mishandled or scratched will still maintain the current spot price; however, when a coin is certified with a grade it will sell at a higher dollar amount if you can find a buyer willing to pay over the price.