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NewMSmatist15

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What I am collecting / Investing in.

  • What I am collecting / Investing in.
    Currently collecting the silver Britannia series, silver proof Queen's Beasts, and dabbling in some Commonwealth Country coinage when I see something I like.

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  1. NewMSmatist15

    SHTF Hypothetical

    In the described situation silver is valueless in a crisis (has no practical use for survival) and unless it is being turned into another currency its value is based off of another country's fiat money. People buy silver because of the latter. It can be sold for what we use as money. To put it differently, a share of Amazon stock is valueless in a crisis. It is worth what someone is willing to pay for it as you say, but its worth is derived from turning that item into a currency so the currency can then be used to buy goods and services. A chunk of silver and a share of Amazon stock are equally valuable or valueless depending on the crisis. People invest in silver hoping they will get many units of the currency they will be turning silver into compared to how many units of a currency they paid for it. As an aside, silver has an industrial value with electronics or even used in medicine to some extent, but if I'm locked away in a bunker somewhere trying to stay alive I probably won't need silver for either of these things.
  2. NewMSmatist15

    SHTF Hypothetical

    This is a very interesting statement. Let's say I agree with your premise. As it relates to the topic of how specie is treated in a SHTF situation: which would I more likely accept for goods or services without a centralized government - the currency of that now defunct government in fiat or some form of bullion or silver currency of that same government? My guess is this based on what people have done with civil wars, famine, and epidemics that displace people and destroy governments... 1. There will be a heavy reliance on trade and barter regardless. 2. If a medium of exchange is needed it will either be something universally accepted as valuable that is non-monetary (think prisoners using cigarettes or WWII soldiers using coffee and chocolate bars) or the nearest fiat currency that is stable (like some African nations have done turning to the Euro or the US Dollar). I highly doubt a silver round is ever going to be used in a situation where there is no centralized government or banks anywhere. In fact, the reliance on silver or gold is in case your own fiat currency fails NOT that every other currency has failed. Hear me out on this - Country A uses dollars and Country B uses dineros. Country B suffers from a civil war and dineros become worthless. Country B citizens that have stores of gold and silver sell it somehow and receive Country A dollars that they can then use to purchase goods and services. If the world only consisted of Country A and Country B and BOTH governments failed and both fiat currencies were worthless, what would the value of silver be? Nothing. You can't eat it, you can't use it as ammunition unless you process it, and anything you could use it for has a substitute that is more accessible and plentiful. I say to gather silver and gold is to rely on ANOTHER country to have a fiat currency that will be stable and used.
  3. NewMSmatist15

    Britannia MULES - Anyone buying ?

    The lunar mules for the Horse on eBay now are well of $700 USD. I think there is a PCGS one currently for Buy It Now near $1200. These seem to be out of line with what they are worth. I guess if they are being actively sold at that price (I have no reason to believe they are) then that's what they're worth, but it seems that the $300 mark is probably more in line with an appropriate price in MS 69 PL or MS 69 DPL.
  4. NewMSmatist15

    Britannia MULES - Anyone buying ?

    @Pete mentioned the key. The Britannia has denticles, or a pattern around the rim that looks like square teeth on a cog, and the lunar series has a plain rim with no pattern. The mule occurs when the observe was switched and the Britannia has a smooth rim around the Queen's head and the Lunar horse has the Queen's head with denticles. Also, I haven't bought one, but I would buy the lunar horse mule as I have the Britannia mule already. Haven't seen one for a good price yet though.
  5. I bought these earlier this year, partly because I loved the design and partly because with the new "technique" the RCM developed to avoid milk spots I wasn't as weary to buy their silver coins, but I haven't seen much about these in this or other coin forums. I also, unless I'm not looking properly, haven't seen these on eBay or coin sites. So, any love for the Great White North Coins this year? Are these just not what forum members are usually interested in? The first coin pictured is a special design of the typical bullion Canadian Maple Leaf coin with a big "30" hugging the traditional Maple Leaf Design. Canada did a similar design on the 25th anniversary in 2013, but I didn't purchase that coin. There isn't anything remarkable about this coin, but I like the way the anniversary number looks around the maple leaf, the privy mark serves a purpose (it is for anti-counterfeit measures) so it doesn't bother me, and the fine radial background on obverse and reverse is appealing IMHO. According to the NGC website there are 126 coins of this type graded MS 70 across the label pedigrees (early release, first release, and standard). Mintage of 250,000 according to the websites I've seen. The second is an incuse design reverse proof Maple Leaf coin. This is an odd coin for the RCM to produce. I would love more info on this if others have it. What I know is it has a mintage of 6,500, and according to the NGC census almost 3000 have been graded by them and 93% of them have been PF 70. I don't think this coin is a part of a series, but not sure, and it seems the FDOI (first day of issue) pedigree is the one to have, but there are 1,000 of those kicking around in PF 70 with NGC holders according to the census data. I like this coin better than the first one because of the simplicity and contrast of the reverse proof as well as the edge lettering. These coins also bring up the question of rarity. The first, has hundreds of thousands minted, but just over a hundred in the top grade, while the latter has a low mintage for a coin, especially a commemorative proof, and yet the majority of them are "perfect". So one is a conditional rarity and one is a mintage rarity, but which one is more desirable???
  6. NewMSmatist15

    Overwhelmed by Modern Silver in Series, and Series, and Series....

    Do you get them graded or raw? And is it one of your primary series you collect?
  7. NewMSmatist15

    Overwhelmed by Modern Silver in Series, and Series, and Series....

    So I will fully admit I first started collecting coins purely out of curiosity as a child. My Uncle had a small can of "wheat" pennies and I started searching through my relatives' change to see if I could find them. Amassed quite a few of them over the years and even CRH for them as recently as last year as a fun little trip down memory lane. My goal then had nothing to do with numismatics or investment, it was like a game, if I find the special pennies I get to keep them and the more I had the more "trophies" I had from my made up game. (I think all the video and mobile games where players are supposed to collect coins, jewels, or tokens in order to get something or upgrade something is probably the same feeling I had as a kid, but with real metal currency). When I received a mint set of my birth year, or my first silver "Peace" dollar it was also nothing to do with money or numismatics, just something fun and interesting. Later in life I began to hunt for silver, not very successful at it in general, in change and then I also looked for mint errors and found a few, but nothing to make money on. When I was a tween to teenager we had the 50 state quarters released and a map of the US with holes for all the quarters. As someone who never did a date series book for anything this was again, like a game, fun, and had nothing to do with investment. I think my current collecting is very similar to this. I "hunt" for the MS Britannia coins, and have all of them to date except the privy mark coins for lunar years, and have gone through a challenging process of accumulating graded and raw coins for grading to complete the set. I also started a series of Queen's Beast Proof Silver as it is a shorter series with (up to the bull at least) wonderful designs. Everything else like getting wheat pennies, circulated US silver coins pulled from change or banks for stacking, and some unique coins I like has all been put on the back burner. And, some of the other "series" I started but never finished include the Chinese Silver Pandas (sold them as I got bored of them), a 1/4 ounce gold coin series of European coins, and an NGC graded Lincoln cent date and mint mark series. I basically collect UK Mint Sets, Britannias in MS (bullion), and Proof Queen's Beast 1 oz silver. All British, all uncirculated, and mostly graded. I doubt this is a good investment strategy, but it is a lot of fun for me to do.
  8. NewMSmatist15

    Overwhelmed by Modern Silver in Series, and Series, and Series....

    I've googled them, quite beautiful and unique designs. I don't like the gilt or gold overlay on coins though and generally dislike the bimetal precious metal coins as well. If it were all silver I'd have a change of heart.
  9. NewMSmatist15

    Overwhelmed by Modern Silver in Series, and Series, and Series....

    The length of time is hard to focus on. I get that it should be treated as a long term investment if that's the goal, but I guess I'm more a hobbyist than an investor and more a collector than a stacker. Not sure if that means I'm on the losing end when it comes to profit yet.
  10. NewMSmatist15

    Overwhelmed by Modern Silver in Series, and Series, and Series....

    I also have some duplicates of a series I've been collecting for a while. As I got a "nicer" or better coin I kept the other one it replaced for the most part. Not sure what to do with them as I don't need them, but some of them were hard to track down.
  11. NewMSmatist15

    Overwhelmed by Modern Silver in Series, and Series, and Series....

    I've not even heard, seen, or thought about the Belarus Lunars. Gosh there are more out there than I thought. Do you collect raw or graded coins? I am sticking to graded only at the moment, but sometimes I feel a bit silly with all the plastic slabs around me. It is convenient when it comes to quickly identifying coins and tracking them in terms of how much I paid and current value, but quite cumbersome to store. I love the older Kangaroos, but the newer ones are a little stale. I agree with you on that one. I never collected those though.
  12. NewMSmatist15

    Overwhelmed by Modern Silver in Series, and Series, and Series....

    What sets did you stop or sell? What are you currently still collecting? - Not sure what to say about your urge to sell a complete set. I think I would admire it for a bit 😁
  13. NewMSmatist15

    Overwhelmed by Modern Silver in Series, and Series, and Series....

    What series are you collecting? Which ones are you thinking about selling or stopping?
  14. NewMSmatist15

    Overwhelmed by Modern Silver in Series, and Series, and Series....

    Great point... wonder why it is a "silver" specific phenomenon. Price point maybe 🤔
  15. I wonder about copper rounds myself. Do they oxidize and turn green? Do people buy copper bars and rounds frequently? I'm so used to assuming people want to buy and sell silver and gold due to inflation or investment. However, I'm not sure how copper fits into that or if it is more an industrial metal that you're betting on creeping up in value. I also, as an aside, can't think of a single modern coin that is made from copper or bronze near the 90% mark. The US nickel is 75% copper and 25% nickel the very common modern "cupro-nickel" coin composition, but I don't know of any that are bronze or entirely copper.