Bullion makes more sense to those who do not understand numismatics. Numismatics are a great way to hold gold and silver, historically producing exponentially higher returns than bullion. Given that 90% of people don't really understand business, why should understanding this be any different? I personally hold 90% bullion/10% numismatics. The 10% has produced more return than the 90%. Yeah I know many think the SHTF, if that time comes, food is going to be money, just saying..........
Can't build a business with bullion coins, unless you are a dealer.
Can't get free coins either, for your referrals to your friends.
Bullion dealers don't offer a 5 Years Money Back Guarantee either.
Check out numis system international pokka dot com for how to get a free silver coin every month and build a substantial income doing so without interfering with what you are doing now.
i always get numismatic coins if i can get them for close to spot... not so much for i can sell them higher in future... but i find them hold their price very well when silver price drop...
@epohnopulse Prices go up people complain it's too expensive, prices go down people still complain. It's not a get rich quick scheme. I'd rather stash extra cash in precious silver than paper currency that's losing 5% annually.
I think the value of a numismatic coin would climb AFTER any crisis is over and recovery is on the way. If you manage to survive it and have a coin that is now rare because so many were melted down it would be valuable to collectors in the future. But during the crisis I think most people would agree 1oz is 1oz.
I myself have a couple of nice coins from the Candaian Mint and one from the Perth mint. I like them more as works of art than bullion. At first I didnt know the difference.
Friends don't let friends buy silver (or any precious metal) at retail! That's my motto! If you're interested in buying silver at wholesale price, send me a message. No minimums or maximums!
If you have some money toPlay with, it is fun to Buy some numismatic coins beause they may be Rare or Whatevever. But when the sh. hits the fan and I have a loaf of bread and this happens to be selling for 1 oz of Silver(pick an amount). Lets say you and one other guy enter my BREAD shop at the same time and it comes down to it.(you coin is worth 10,000,numismatically) Im going to take His oz Just as easily as Your RARE oz. It will come down to this.You both have ONE oz of Silver. The End. Joe.
@hotheadedjoelhaha As you can see from the video I have far more bullion than numismatics, I wouldn't use the numismatics first, and I'm not saying people should only have numismatics am I, I'm just sharing a thought.
Oh and your forgeting the 3rd guy that walks in with the gun shots everyone else and takes the bread and both silver coins (If it gets so bad people are trading an oz for one lousy loaf of bread, no doubt those who have no silver to trade will use their guns instead)
You can usually get mercury dimes at 15-20 face value, 15 being below spot price, 20 being a little above spot, and soem of those are orm the 1920's and very rare, so it may be a good idea to buy some mercury dimes. Also, you get the smaller quantities, which will sell at a premium over large increments.
Don't fool around with numismatic, get either eagles, maples, philharmonics, or generic bullion.
@mich65ek2 DUde the US is totally going into hyperinflation, we are already 90% there. The US has to borrow 3-4 billion every single day. the dollar is on its death bed waiting to die. And I've got news for you, the dollar is the reserve currency of the world, and it is pegged to every other currency. If the dollar dies, so does the pound, yen, euro, aussie dollar, etc.
Your theory makes sense. I'm sure most coins will be melted down. We'll have silver ads on TV all over the place. Got a kiwi one ounce. The NZ coins are quality.
Interesting theory. I think it could happen where silver becomes rare in a shortage, numismatics and govt coinage would become scarce. BUT, I believe only investing in a few coins for this.....it may take 50 years to pan out. Good strategy would be to buy a few numismatics for a hobby, knowing you WILL SELL, when the crisis hits. Always have a selling strategy in place.
It would appear that many on this medium are becoming more and more excited by the potential for a booming and rapidly ascending silver market trend in spot price. Ah blast mate you'd best buy some more silver dollars American ......................... I'd been doing that much me self these days. Study some American History mate ......... look up the Pittman Act of 1918. You'd be much remiss for the bitter bliss you'd know of without this bit of knowledge.
Bet your two marbles dead center mate you ought be looking at what I said. You'd see what the American government did by way of the Act & you'd be much a more off and running lad then conversely with your fortuitous guesswork. The point being of the Act it happened once till happen agin'. Perhaps more than just one country will undertake such a course of action these days. You need to BUY MORE SILVER BULLION COINS otherwise rocks in your pockets is all you'll get from asking others to call it.
i buy silver 999 industrial grade 1oz size rounds, bars & like the art bars too. I dont realy buy anything bigger than 10 oz as they are too pricey for some people to buy from you.Dont realy buy coins as hard to grade etc but silver is always worth the price in silver at least. Buy bigger bars at right price & the rest at the cheapest price you can. Engelhards 10 oz are nice as are the kit kat bars in 10 oz size. I also got 4 x 1kilo lunars which are amazing! Saving all for the future......
but as a "commoner" in many countries u r Not allowed to hold gold/silver Bullion many that sell silver bullion willNOT giveu the silver just a certificate that u "own ao much HAHA how many others also "OWN" the same silver u do? try n use that to buy food when money colapses it be just as worthless they even started buying scarb goldsilver in the UK now they juist want to take every bit of goldsilver from ppl them bloody crookes then they can print real money on gold reserves they ONLY have
@Excidium567 Well the US for one.... technically we don't own it, the gov can come in and take it whenever they please. basically goes back to "Trading with the Enemy Act 1917", and "Executive Order 6102" that may be true....but possession is 9/10ths of the law....can't take something if they cant find it.
@polygamous1 where we're from - the common man has always been allowed to own gold & silver bullion. Also there is NO TAX on gold silver or platinum coins or bars that are 'fine' purity. only 22kt gold like krugerands and sovereigns have a 10% tax.
coins all the way...why? In a collapse most stores will look at you and may turn down that big 100 or 1000oz bar. Where will they trade or melt that. For bartering purposes junk silver and 1 oz coins are more liquid and retain not only their melt value but is recognized as a currency to the general public which is who we will be bartering with.
I think bullion is best at the cheapest possible price. I own a roll or Silver Eagles but the rest of my holdings is bullion. You have to ask this question: what r the chances that the premiums will OUTPERFORM the underlying bullion. And in my opinion the odds are low. If Silver doubles the premium would also have to double just to keep up and I don't see that happening.
Silver investing is schizoid. Either the SHTF, and we're all trading junk silver for beers and bullion bars for houses, and nobody except the robber barons are collecting coins for numismatic value, or things hold together, and the economy can still support numismatic investors who can afford prices for silver like they're paying for gold now. Bullion coins fall into the middle, but it depends on your expectations. Given the variables in recovering premiums, I like bullion. =^[.]^=
take a look at gold, gold ay US$1000/ok, krugerrands were selling for $1150, platinum at US$1500/oz platinum eagles selling for $2100/oz, thats a premium and people pay it
I hear ya point mate I think silver is silver and if and when the price really moves people will sell taking profit once that first wave is done then the price will ZOOM. Melt value is all that will rally cound IMHOP
Perth Mint I found was a total rip off. Good place to buy silver coins from is Bullionbourse (dot) com. The person's name is Ben, he is located in Western Australia, and his prices are really good compared to other offers in the market. You may want to check it out.
I just picked up a little "Six Decades of American Silver Coinage" Set.
It has a 1944 Nickel, 1942 Walking Liberty Half dollar, 1962 Quarter, 1960 Franklin Half Dollar, 1941 Mercury Dime, 1964 Roosevelt Dime and a 1964 Kennedy half dollar.
Not a bad little set, all silver and collectible, so I get either value.
its a personal consideration i agree....numismatically......and i tend not to buy for the art...way over premium....and at the end of the day ..its the melt value of silver that people will pay for....imagine...if we ever get to a situation where we end up using silver and gold for barter/purchasing.....numismatic value may not be a consideration.......but hey...then again you may be right.....either way - its silver!!!...and those who have it will be set!!
Thanks for the input, I do really want to hear what people think of this idea - it is one that would only pay off (assuming it would at all) if you could find someone who wanted to buy your now rarer numismatic coins.
excidium567 - your recommendation on where to buy bulk of NZ silver fern 10z coins?...been looking around ...but it seems even the NZ mint doesnt sell in bulk....trying to fleece punters with single coins for AUD$58! each.....any thoughts on where i can buy these NZ ferns for a standar premium over spot - would appreciate your thoughts....cheers
Thats a crazy price! I just had a look on the New Zealand auction site trademe and there is someone currently selling the sheets of 10 1 oz silver ferns for $345 NZD starting bid, just type "1 oz silver fern" into the search on the site and they will come up.
Would reccommend asking the seller if they will post to Australia before bidding thou.
will do.....being a kiwi in brisbane.....i just found the prices on the extortionist side....but thanks will look at trademe....mind you...trademe...is also quite expensive.....i have yet to find somethink on it where the reserve prices arent unrealistic...
NZ Mint only lists the price for a single coin on their website. You have to phone them to get the live spot price for bullion purchases. The 1oz Silver Ferns are probably around the $30 mark at the moment.
sounds pretty archaic??...phone them for spot?.....perhaps having the spot price on their web site....and then a range of purchase options ...ie..individual coins, small lots and larger purchases would be useful....then at least you dont have someone sitting there fielding calls all day and adding to the premium....hahahaa.....but your point is taken...thanks snd977..cheers
@prepare2008 I've never bought gold, If I did have some then yes I would sell it and buy silver.
I just believe that silver truly has a much greater upside potential. I'm probably just sigh of 600 oz or so now, bullion wise I'm just adding what I get from silver snowball each month.
Bullion makes more sense to those who do not understand numismatics. Numismatics are a great way to hold gold and silver, historically producing exponentially higher returns than bullion. Given that 90% of people don't really understand business, why should understanding this be any different? I personally hold 90% bullion/10% numismatics. The 10% has produced more return than the 90%. Yeah I know many think the SHTF, if that time comes, food is going to be money, just saying..........
exit9to5pro 2 weeks ago
Can't build a business with bullion coins, unless you are a dealer.
Can't get free coins either, for your referrals to your friends.
Bullion dealers don't offer a 5 Years Money Back Guarantee either.
Check out numis system international pokka dot com for how to get a free silver coin every month and build a substantial income doing so without interfering with what you are doing now.
NumisConsultant 2 months ago
Bullion makes more sense.
thebryghtidea 2 months ago
i always get numismatic coins if i can get them for close to spot... not so much for i can sell them higher in future... but i find them hold their price very well when silver price drop...
sgwarrenb 2 months ago
Silver is dipping pretty badly.
epohnopulse 2 months ago
@epohnopulse Prices go up people complain it's too expensive, prices go down people still complain. It's not a get rich quick scheme. I'd rather stash extra cash in precious silver than paper currency that's losing 5% annually.
elektrikcity 2 months ago
Shop for gold and silver at w w w dot shop numis dot com /Clarence Stinson
ClarenceStinson 3 months ago
I've got a few auctions on ebay if anyone wants to check them out. I've been selling a bit of silver lately.
CodaFrock 4 months ago
awesome video!
SilverMapleLeafs 8 months ago
I just read the message from mich65ek2
Ha ha ha ha
I keep dying from laughing
They revive me
Then I remember
Then I die laughing
Again
And again
Ha ha ha ha
MalibuLimo 8 months ago
@MalibuLimo Hahahaha, You're comment is funny, I've read mich65's comments too lol
kookaburrakookaburra 3 months ago
I think the value of a numismatic coin would climb AFTER any crisis is over and recovery is on the way. If you manage to survive it and have a coin that is now rare because so many were melted down it would be valuable to collectors in the future. But during the crisis I think most people would agree 1oz is 1oz.
I myself have a couple of nice coins from the Candaian Mint and one from the Perth mint. I like them more as works of art than bullion. At first I didnt know the difference.
ClearSmashDrop 8 months ago
In germany wwii a highly bartered item were plastic combs. When shtf i dont think its gonna matter 1oz is still gona be 1oz..
silverhorder 10 months ago
Silver numismatic coins melt exactly the same as normal silver coins.
TheTrueJBV3737 10 months ago
Friends don't let friends buy silver (or any precious metal) at retail! That's my motto! If you're interested in buying silver at wholesale price, send me a message. No minimums or maximums!
kylextown24 11 months ago
Numismatic coin value rises when demand for bullion coin drops
waichichan1 11 months ago
If you have some money toPlay with, it is fun to Buy some numismatic coins beause they may be Rare or Whatevever. But when the sh. hits the fan and I have a loaf of bread and this happens to be selling for 1 oz of Silver(pick an amount). Lets say you and one other guy enter my BREAD shop at the same time and it comes down to it.(you coin is worth 10,000,numismatically) Im going to take His oz Just as easily as Your RARE oz. It will come down to this.You both have ONE oz of Silver. The End. Joe.
hotheadedjoelhaha 1 year ago 12
@hotheadedjoelhaha As you can see from the video I have far more bullion than numismatics, I wouldn't use the numismatics first, and I'm not saying people should only have numismatics am I, I'm just sharing a thought.
Oh and your forgeting the 3rd guy that walks in with the gun shots everyone else and takes the bread and both silver coins (If it gets so bad people are trading an oz for one lousy loaf of bread, no doubt those who have no silver to trade will use their guns instead)
Excidium567 1 year ago 8
You can usually get mercury dimes at 15-20 face value, 15 being below spot price, 20 being a little above spot, and soem of those are orm the 1920's and very rare, so it may be a good idea to buy some mercury dimes. Also, you get the smaller quantities, which will sell at a premium over large increments.
Don't fool around with numismatic, get either eagles, maples, philharmonics, or generic bullion.
lXlRIVERlXl 1 year ago
Your theory seems quite sound to me. In fact, that sounds like something I should look into. Thanks!
silvereagleinvestor 1 year ago
What if there is no hyper inflation, no dollar collapse in the future.
And silver price remains just under 20usd per oz.....
Who will accept silver coins or bars as form of currency? We can't
buy a pint from the pub by paying 1oz ag round can we?
I don't think there would ever be hyper inflation in NZ or Aust and
never in US. These countries are not like some fucked up bull
shit country such as Zimbabwe... So buying ag or not don't really
matter.
mich65ek2 1 year ago
@mich65ek2 Then you sell it at a bit of a loss. Zero risk zero reward.
Guts01 1 year ago
@mich65ek2 DUde the US is totally going into hyperinflation, we are already 90% there. The US has to borrow 3-4 billion every single day. the dollar is on its death bed waiting to die. And I've got news for you, the dollar is the reserve currency of the world, and it is pegged to every other currency. If the dollar dies, so does the pound, yen, euro, aussie dollar, etc.
lXlRIVERlXl 1 year ago
@mich65ek2 Come to my pub and i'l sell you a pint for 1oz of silver.
TumisHumis 4 months ago
those poured bars are nice.....
MrJmihovetz 1 year ago
You're only 23?? HOLY CRAP.....you already have a great collection....I need to catch up!! :)
AGL23 1 year ago
Your theory makes sense. I'm sure most coins will be melted down. We'll have silver ads on TV all over the place. Got a kiwi one ounce. The NZ coins are quality.
Seano71 1 year ago
Interesting theory. I think it could happen where silver becomes rare in a shortage, numismatics and govt coinage would become scarce. BUT, I believe only investing in a few coins for this.....it may take 50 years to pan out. Good strategy would be to buy a few numismatics for a hobby, knowing you WILL SELL, when the crisis hits. Always have a selling strategy in place.
SilverDude7890 1 year ago
It would appear that many on this medium are becoming more and more excited by the potential for a booming and rapidly ascending silver market trend in spot price. Ah blast mate you'd best buy some more silver dollars American ......................... I'd been doing that much me self these days. Study some American History mate ......... look up the Pittman Act of 1918. You'd be much remiss for the bitter bliss you'd know of without this bit of knowledge.
DetroitLove4U 2 years ago
I'm not American, is it still worth me looking up this Pittman Act?
Excidium567 2 years ago
Bet your two marbles dead center mate you ought be looking at what I said. You'd see what the American government did by way of the Act & you'd be much a more off and running lad then conversely with your fortuitous guesswork. The point being of the Act it happened once till happen agin'. Perhaps more than just one country will undertake such a course of action these days. You need to BUY MORE SILVER BULLION COINS otherwise rocks in your pockets is all you'll get from asking others to call it.
DetroitLove4U 2 years ago
I've bought more silver coins that bars because of that fact. The coins will be alot more valuable then the bars.
smasila 2 years ago
im not buying any more silver, my aim now is to pay off my house asap, i wanna give those stinking bankers as little interest as i can
beswick1111 2 years ago 2
to beswick1111: thats what I did. I completely paid off my little condo 5 years ago. Nothing like the joy of no mortage or rent
inkey2 2 years ago 2
i buy silver 999 industrial grade 1oz size rounds, bars & like the art bars too. I dont realy buy anything bigger than 10 oz as they are too pricey for some people to buy from you.Dont realy buy coins as hard to grade etc but silver is always worth the price in silver at least. Buy bigger bars at right price & the rest at the cheapest price you can. Engelhards 10 oz are nice as are the kit kat bars in 10 oz size. I also got 4 x 1kilo lunars which are amazing! Saving all for the future......
09SRILANKA 2 years ago
but as a "commoner" in many countries u r Not allowed to hold gold/silver Bullion many that sell silver bullion willNOT giveu the silver just a certificate that u "own ao much HAHA how many others also "OWN" the same silver u do? try n use that to buy food when money colapses it be just as worthless they even started buying scarb goldsilver in the UK now they juist want to take every bit of goldsilver from ppl them bloody crookes then they can print real money on gold reserves they ONLY have
polygamous1 2 years ago
In what countries are you not allowed to own silver or gold?
Excidium567 2 years ago
@Excidium567 Well the US for one.... technically we don't own it, the gov can come in and take it whenever they please. basically goes back to "Trading with the Enemy Act 1917", and "Executive Order 6102" that may be true....but possession is 9/10ths of the law....can't take something if they cant find it.
yinjara 5 months ago
@polygamous1 where we're from - the common man has always been allowed to own gold & silver bullion. Also there is NO TAX on gold silver or platinum coins or bars that are 'fine' purity. only 22kt gold like krugerands and sovereigns have a 10% tax.
MalusImperium 1 year ago
coins all the way...why? In a collapse most stores will look at you and may turn down that big 100 or 1000oz bar. Where will they trade or melt that. For bartering purposes junk silver and 1 oz coins are more liquid and retain not only their melt value but is recognized as a currency to the general public which is who we will be bartering with.
D33Lux 2 years ago
I think bullion is best at the cheapest possible price. I own a roll or Silver Eagles but the rest of my holdings is bullion. You have to ask this question: what r the chances that the premiums will OUTPERFORM the underlying bullion. And in my opinion the odds are low. If Silver doubles the premium would also have to double just to keep up and I don't see that happening.
tradergee1 2 years ago
Your theory isn't bad..but if the price goes bonkers, do you think people will care about numismatic value?
ie: SHTF..silver is 1K per oz...
or
1oz silver = 1 oz gold
I figure the spot price will be so high that no one will want to pay huge premiums on top of an insane spot price.
At that point...silver will be silver....maybe when things cool off you may get the premiums back in check besides that...I doubt it.
doobsta 2 years ago
@doobsta
Silver investing is schizoid. Either the SHTF, and we're all trading junk silver for beers and bullion bars for houses, and nobody except the robber barons are collecting coins for numismatic value, or things hold together, and the economy can still support numismatic investors who can afford prices for silver like they're paying for gold now. Bullion coins fall into the middle, but it depends on your expectations. Given the variables in recovering premiums, I like bullion. =^[.]^=
Raycheetah 2 years ago
take a look at gold, gold ay US$1000/ok, krugerrands were selling for $1150, platinum at US$1500/oz platinum eagles selling for $2100/oz, thats a premium and people pay it
beswick1111 2 years ago
if silver gets to US$50, i think there will be people that will pay US$60-$70/silver eagle.
beswick1111 2 years ago
At these prices it is still sustainable.
What about gold at 15K and silver at 1K?
How much will you be able to extract as a premium from a buyer then?
It will likely be metal value only, unless people are really fixated on having the specific coin.
Even then, hard too imagine they will cough up the extra dough at those prices.
When prices come back down, then it will normalize again.
Now imagine if we re-value all debt to the metal?
an oz of AU would be 60-70K....
doobsta 2 years ago
Hey if it's gold 15k and silver 1k you'd better dump all the metals you have :)
However it would be great if we ever saw gold 3,000 -5,000 and silver 100
Adahondeayenh 1 year ago
I hear ya point mate I think silver is silver and if and when the price really moves people will sell taking profit once that first wave is done then the price will ZOOM. Melt value is all that will rally cound IMHOP
GuildF40 2 years ago
count (sorry)
GuildF40 2 years ago
Hi Excidium
Perth Mint I found was a total rip off. Good place to buy silver coins from is Bullionbourse (dot) com. The person's name is Ben, he is located in Western Australia, and his prices are really good compared to other offers in the market. You may want to check it out.
hmm7777 2 years ago
nice video!!
SilverAceKing 2 years ago
I just picked up a little "Six Decades of American Silver Coinage" Set.
It has a 1944 Nickel, 1942 Walking Liberty Half dollar, 1962 Quarter, 1960 Franklin Half Dollar, 1941 Mercury Dime, 1964 Roosevelt Dime and a 1964 Kennedy half dollar.
Not a bad little set, all silver and collectible, so I get either value.
ROFLpwnedvideos 2 years ago
Sounds good, Do you know how much you would have paid over spot price of the silver metal content of the coins?
Excidium567 2 years ago
If anyone does have a opinion on my theory in this video either for or against it please let me know.
Excidium567 2 years ago
its a personal consideration i agree....numismatically......and i tend not to buy for the art...way over premium....and at the end of the day ..its the melt value of silver that people will pay for....imagine...if we ever get to a situation where we end up using silver and gold for barter/purchasing.....numismatic value may not be a consideration.......but hey...then again you may be right.....either way - its silver!!!...and those who have it will be set!!
szczepan4069 2 years ago
Thanks for the input, I do really want to hear what people think of this idea - it is one that would only pay off (assuming it would at all) if you could find someone who wanted to buy your now rarer numismatic coins.
Excidium567 2 years ago
excidium567 - your recommendation on where to buy bulk of NZ silver fern 10z coins?...been looking around ...but it seems even the NZ mint doesnt sell in bulk....trying to fleece punters with single coins for AUD$58! each.....any thoughts on where i can buy these NZ ferns for a standar premium over spot - would appreciate your thoughts....cheers
szczepan4069 2 years ago
Thats a crazy price! I just had a look on the New Zealand auction site trademe and there is someone currently selling the sheets of 10 1 oz silver ferns for $345 NZD starting bid, just type "1 oz silver fern" into the search on the site and they will come up.
Would reccommend asking the seller if they will post to Australia before bidding thou.
Excidium567 2 years ago
will do.....being a kiwi in brisbane.....i just found the prices on the extortionist side....but thanks will look at trademe....mind you...trademe...is also quite expensive.....i have yet to find somethink on it where the reserve prices arent unrealistic...
szczepan4069 2 years ago
NZ Mint only lists the price for a single coin on their website. You have to phone them to get the live spot price for bullion purchases. The 1oz Silver Ferns are probably around the $30 mark at the moment.
snd977 2 years ago
sounds pretty archaic??...phone them for spot?.....perhaps having the spot price on their web site....and then a range of purchase options ...ie..individual coins, small lots and larger purchases would be useful....then at least you dont have someone sitting there fielding calls all day and adding to the premium....hahahaa.....but your point is taken...thanks snd977..cheers
szczepan4069 2 years ago
gj man!!! 86 ftw
suprmnjl 2 years ago
lol, appreciate the enthusiasm.
Excidium567 2 years ago
you seem to have all silver and no gold whats the game plan if you had gold would you keep it or sell some it and buy silver??
the last video you had about 400 ounces how much have you got now??
prepare2008 2 years ago
@prepare2008 I've never bought gold, If I did have some then yes I would sell it and buy silver.
I just believe that silver truly has a much greater upside potential. I'm probably just sigh of 600 oz or so now, bullion wise I'm just adding what I get from silver snowball each month.
Excidium567 2 years ago
cool your doing well youve got a great collection some realy nice pieces I really like those 10oz kookaburras
prepare2008 2 years ago
First View. I Love The Silver. :-)
colliertng 2 years ago