Plain or fancy?

[Jimmock]

I bought my first silver on 1st August,and since then have been steadily buying from here,silverstans site and atkinsons (when its vat-free). My goal was just to buy for at least the next 10 years,basically as a boost to my retirement, intended just to buy whatever was cheapest at time of purchase. But I see all the nice coins that other members buy and makes me wonder. If in 10 years time,spot has increased by 50%,therefore my bullion coins will be worth 50% more,but does that automatically mean that any "premium" coins will also be worth 50% more? And I will admit I have purchased a couple of "fancy" coins. Lol

[fehk2001]

First if all Atkinson vat free isn't actually vat free 

And depends on the mintage + coin condition after ten years for fancy coins 

silverstan is good 

helping hands( username ) do sell cheap silver as well , go and have a look his listing here 

 

[HelpingHands]

It can vary wildly with collectable coins.

Some numi prices have no connection to spot.

As for the semi numi coins youve seen you might find the higher spot goes, the lower the colectable premium might be in the sale price.  When spot was low premiums were high.

[fehk2001]

24 minutes ago, HelpingHands said:

It can vary wildly with collectable coins.

Some numi prices have no connection to spot.

As for the semi numi coins youve seen you might find the higher spot goes, the lower the colectable premium might be in the sale price.  When spot was low premiums were high.

Add on : depends who is selling the fancy coins/ coins  , reputation come first 

[BackyardBullion]

As a general rule I would say that premiums on bullion coins such as pandas etc will always follow spot to a degree. Your more specialised coins and graded bullion coins (MS70's) wont go up or down much with the spot price. 

If you are keen on some other hand poured silver I make some too! Just trying to get off the ground! 

http://thesilverforum.com/topic/7137-hand-poured-999-silver-bars-backyard-bullion/

I am away from tomorrow for 2 weeks but I will have access to the forum :-)

 

[StinkyLebinowitz]

FOR ME, so I am prefacing this, for me I have seen that if I am not going to stay right on top of the markets for numismatic or semi numi, then the chances of me doing well in this areas is slim and none. Seeing how I am not going to invest the time to stay on top of the markets for those, I am primarily bullion either coins or rounds. Every now and again though, I do splurge a bit and buy some semi numi things, just because I like the look or need to buy something "different". I look at the extra premium I pay for those as "entertainment costs" of enjoying some pretty silver. 

[Gilver]

On 10.10.2016. at 18:55, Jimmock said:

If in 10 years time,spot has increased by 50%,therefore my bullion coins will be worth 50% more,but

No one can say what spot price will be in 10 years except maybe fortune teller . IMO it can go up or go down but I'm sure that silver will always be worth something. As I'm long time numismatist I saw fads for perticular coins or thematics come and go and so does rise and fall of values, same is happening with "semi numismatics" nowdays. As particular craze for some coins or series fades people start to unload coins and in few days or weeks you can loose most value that "premium" has added to coin. So be very carefull with "premium" coins because even if you do meticulous research today results may be opposite in few months and in few years who knows. Best advice I got from old numismatist long long time ago is that you don't put all eggs in one basket, in other words diversification of your stack is best protection in a long run. Or maybe he was wrong or maybe I'm wrong, who knows except maybe fortune teller

[Gilver]

Btw here is another example how to lose money on "premium" coins. This is PCGS PR69 slabbed proof deep cameo coin, few days ago I pulled it from storage after 8 years. When it was purchased it was perfect "premium" now is spotted "premium". What do you think, maybe spots added to it's character and it's worth more   .