2017 Netherlands Lion Dollar 1 oz. Silver Proof Coin

[mongo28]

Which buyer you meant?

More of just an announcement... But the link to the NYC coin guys website is also the same guy on eBay... His eBay listing states 4 remaining, 64 sold.

[mongo28]

Last one according to the eBay listing... Just checked...
http://cloud.tapatalk.com/s/592a25488fecc/Screenshot_20170527-211706.png?
http://cloud.tapatalk.com/s/592a25462f1c8/Screenshot_20170527-211644.png?

[Jester]

FYI friends, these coins are already spotting. I've got an email out to NY Coin & Bullion asking how we're going to rectify the issue. Others I've spoken with that have the coin in hand have also found spots. Caveat emptor.

[mongo28]

Not much anyone can do over spotting... Especially the seller, blame the mint...

[Guest]

FYI friends, these coins are already spotting. I've got an email out to NY Coin & Bullion asking how we're going to rectify the issue. Others I've spoken with that have the coin in hand have also found spots. Caveat emptor.

I love the coin and well spotted! )) spotting seems to be with us for a while and does make a compelling case for avoiding Silver but I do still like some Silver unfortunately.

In this case NGC make no warranty that coins won't spot.

[Jester]

So opinion time...would you all hold on to this given that spotting seems to be a somewhat common issue with Silver?  I really do like the coin and in all fairness, you can't even see the spot if it's not in just the right light.  I guess my concern is, if this tiny spot is already popping up on the newly minted 2017 coin, what might it look like in 5 yrs? Would I even be able to sell it in PF70 condition (and the better question is, would anyone buy it with the premium a typical MS/PF70 carries)?  I'd hate to think that spotting is the new norm we all have to just get used to and buying these proof coins becomes a financial Russian Roulette.

[Pampfan]

Per ngc and pcgs - if the coin has any spot on it - it cannot be and will never reach a 70 grade again, as a 70 means no flaws under 5x magnification.

So the question really becomes - what can you get for it when it is time to sell? 

I checked my coin and it is spotted like a cheetah but only under the right angle and lighting. Looks almost like someone sneezed on the coin. ?

This will be the last silver coin I buy graded - it is such a shame that there are problems like this. I really think it could be the manufacturer of the blanks - I will do some research to see who is producing the 1 ounce blanks for these mints. I remember reading somewhere that the Perth mint produces blanks for all the other mints - could be a situation where they are selling their rejects to the other mints and keeping the good ones for themselves. This could explain why their products spot significantly less than the others.

Damn you milk spots! ??

 

[Jester]

1 minute ago, shortstack68 said:

You should ask yourself the same question, would you buy this coin if someone else was selling it milked, then you'll have your answer

LOL, fair enough...going back it is!

[mongo28]

Mine arrived today and I guess I'm lucky. At the moment it seems spot free... Under both dim and bright light I don't see any spots or haze...

[Jester]

Good news is I had no problems getting the coin back to NYCB and received a prompt refund. So if you do see spots pop up you shouldn't have a problem getting your money back.

[fehk2001]

6 hours ago, Jester said:

Good news is I had no problems getting the coin back to NYCB and received a prompt refund. So if you do see spots pop up you shouldn't have a problem getting your money back.

Not many dealers will do that nowadays they will blame whatever and refuse to take a hit 

so that dealer must be decent 

[msteinha]

http://www.apmex.com/search?q=2017 Netherlands 1 oz Silver Lion Dollar Restrike (Proof)

APMEX has the raw available for 79.99. and the slabbed 70's for 149.99.

Link

 

 

[west6]

Now the restrike coins are coming into the market.  1oz silver bullion, with a maximum mintage of 25,000.  Price is at USD23.  The mintage amount is same as Perth Mint swan 2017, but again as pointed out here, this Dutch Lion is not a "legal tender".   Hope the restrike bullion has no spotting issue!