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

[ilovesilverireallydo]

15 hours ago, Bullionaire said:

Probably just because they know people can usually afford to buy all the different silver varieties. People just wouldn't buy a gold britannia for 1k, then a gold privy britannia for 1.2k. Whereas a sliver britannia for £14, then a privy britannia for £16 doesn't seem so bad.

Actually all the Britannia Silver Privies also came in Gold versions. 

30 YEAR Trident Privy: 

 

[SILVERFINGER]

lol one reason I stack poured bars, they hardly ever change and it takes me a while to save for them 

[Bullionaire]

2 hours ago, ilovesilverireallydo said:

Actually all the Britannia Silver Privies also came in Gold versions. 

30 YEAR Trident Privy: 

 

I stand corrected then! Can't imagine the mintage was very high though

[ilovesilverireallydo]

8 minutes ago, Bullionaire said:

I stand corrected then! Can't imagine the mintage was very high though

10K mintage on each vs unknown for the ordinary 1 oz gold Brits. Suspicions are that they are about the same mark. 

[blackadder]

6 hours ago, vand said:

I also wonder about all those who cite Silver's Higher premiums and storage issues... are also those who store their collections in expensive fancy boxes and display cases.. lol

Not really a dig a you, just an example of how when anything is out of fashion people will also find a reason to dislike it. When GSR is towards the other extreme they will probably complain that a gold coin is so small it's easy to misplace or lose and silver's bulk makes it easier to see where your money is going.

I changed tack,after thinking where i would store all the boxes lol. plus had alot of single coins and wasn't really getting anywhere.Now i just stack afew bits and keep it simple

Will buy coins with higher premiums,but nothing to insane anymore.

 

[MikeOxlong]

Yes op, it's a total over saturation of the same poor lazy unoriginal themes by mints chasing quick £. 

 

[NewMSmatist15]

21 hours ago, sovereignsteve said:

Personally collecting too many series now and just going through the motions if I'm being honest.

I think it's about time they stopped some of the long running series like kooks, roos and brits, they are getting too "samey" although the last one pretty much did stop in bullion form when they started issuing the same boring design and screwing up the finish; proofs only now in essence.

I actually think I' m secretly hoping the Perth don's start another lunar series but not much chance of that happening!

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

[NewMSmatist15]

10 hours ago, Gildeon said:

In my first year I started collecting too many series and other stuff. Some months ago I reduced it to almost half. This had two benefits for me. First I had many coins available to sell, creating free cash. Second having this extra cash and less stuff to buy, my other collections are filling up much faster. There is always the chance of collecting something new but this starts after deciding to discontinue 1-2 of the older ones.

On another note, when I finally complete a set I was collecting thoroughly, I often have the urge to sell it! Is this happening to anyone else or do I need to check it with a specialist...? 😬

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 😁

[Coolsmp]

Not sure its really worth buying high premium coins like you see on powercoin.it stick to the cheaper stuff and hopefully you will double your money in 25 years time.💷💷

[RoughDog]

Another concern would be having too many silver coins and having to sell them all individually.  numismatics/semi-numi would most likely fall into the sell individually? 

 

[Coolsmp]

12 minutes ago, RoughDog said:

Another concern would be having too many silver coins and having to sell them all individually.  numismatics/semi-numi would most likely fall into the sell individually? 

 

Buying kilo coins would avoid this, however, you then run the risk of not being able to sell them as readily.... the perils of silver stacking lol

[Gildeon]

7 hours ago, NewMSmatist15 said:

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 😁

Still several series to mention here in detail, like:

• Gilded series (Panda, Kookaburra, Koala, Elephant, Queen's Beasts etc)
• Gilded Lunars (Perth I&II, UK, Fiji, Palau, Niue etc.)
• 1967 silver & gold graded
• Some silver & gold series from Greece, Ireland, Bulgaria
• Ancient coins, basically Byzantine silver and some Crusader

You can see some of them in the photo section, from time to time.

My feeling to sell may have to do that most of the excitement comes from the journey to completing the series, rather that just having it when done. Of course it doesn't mean I am selling them though, I try not to succumb to such urges and let it cool down for some time. 😏

[sovereignsteve]

18 hours ago, NewMSmatist15 said:

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

Perth lunars (both bullion and proofs in various sizes), kooks (bullion and completed proof sets), koalas, wedgies (proof only).
USA ATB 5oz
Brits (bullion and proof)
Pandas (bullion 1 oz only)
RAM roos (bullion and proof)
Belarus lunars
 

I am not thinking of selling any but the Perth lunars have ended now so that cuts down the numbers a lot! I may stop the RAM roos as they are getting boring.

[NewMSmatist15]

1 hour ago, sovereignsteve said:

Perth lunars (both bullion and proofs in various sizes), kooks (bullion and completed proof sets), koalas, wedgies (proof only).
USA ATB 5oz
Brits (bullion and proof)
Pandas (bullion 1 oz only)
RAM roos (bullion and proof)
Belarus lunars
 

I am not thinking of selling any but the Perth lunars have ended now so that cuts down the numbers a lot! I may stop the RAM roos as they are getting boring.

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.

[NewMSmatist15]

18 hours ago, RoughDog said:

Another concern would be having too many silver coins and having to sell them all individually.  numismatics/semi-numi would most likely fall into the sell individually? 

 

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.

[JunkBond]

1 minute ago, NewMSmatist15 said:

I've not even heard, seen, or thought about the Belarus Lunars.

Where's my spacedog jpeg!!

[NewMSmatist15]

19 hours ago, Coolsmp said:

Not sure its really worth buying high premium coins like you see on powercoin.it stick to the cheaper stuff and hopefully you will double your money in 25 years time.💷💷

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.

[NewMSmatist15]

3 minutes ago, JunkBond said:

Where's my spacedog jpeg!!

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.

[Guest]

I can see your arguement of there being alot of series and trying to get your hand into everything can be a bit overwhelming. My opinion, just step and ask why you are getting into precious metals? For me, emergenies and retirement. I'll get into a certain series because it appeals to me in a certain way and just getting cheap, generic coins would be boring. 

[sovereignsteve]

3 hours ago, NewMSmatist15 said:

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.

I actually think they're my favourite series.  Only about half way through though, so plenty of time for them to lose their way!

[NewMSmatist15]

14 minutes ago, KotaNagant said:

I can see your arguement of there being alot of series and trying to get your hand into everything can be a bit overwhelming. My opinion, just step and ask why you are getting into precious metals? For me, emergenies and retirement. I'll get into a certain series because it appeals to me in a certain way and just getting cheap, generic coins would be boring. 

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.

[NewMSmatist15]

13 minutes ago, sovereignsteve said:

I actually think they're my favourite series.  Only about half way through though, so plenty of time for them to lose their way!

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