Your take on "Modern Bullion Coins" as collectibles?

dan1ecu

Hi, Everybody -

Modern Bullion Coins are beautiful, and they are minted with dates and mint marks. Do you see any reason that they should not be collected as a series just like other coins are?

Dan

Coinerww

I know some people do. I was considering that.

Betta285

I personally don't see modern bullion coins as real coins....they were never intended for circulation, so they do not appeal to me much....you never see any with die cracks, die polishing, doubling..they're too uniform for me....but from an investing point of view i could see why someone would want to collect them..but otherwise, i find them to just be a very boring series.

dan1ecu

I don't see ant reason not to collect them, myself. They're available in very high grades for relatively low prices.

kranky

I don't see anything wrong with collecting bullion coins. I don't really get the desire to have them graded, but to each his/her own.

Cladiator

<< <i>I personally don't see modern bullion coins as real coins....they were never intended for circulation >>





One part of collecting I enjoy is being able to sit and wonder where a certain coin has been and what it has seen. With modern bullion coins you do get beauty but that's it. No individual history behind them.

mgoodm3

They're "Bullion". No mystique for me.

ziggy29

I feel the same as for any other modern coins, or many other types of non-numismatic items some might consider collectibles. I have no interest in them, but if you do, have fun and more power to you.

The fact that I don't have any desire to collect them doesn't make them not collectible. So enjoy it.

Steve27

I find it funny that people call these NCLT, say they have no interest in them, and then buy 50 mint sets looking for the MS68+ coins. Mint set coins are NCLT too. The bottom line is that if you like them, then who cares what other people think.

Betta285

NCLT? Elaborate please...

bohica268

Non-Circulating Legal Tender

Sequitur

Link.

Betta285

Thanks bohica

DHeath

Trade dollars were bullion coins. How do you feel about them?

291fifth

Interest in the early issues will probably climb at some time in the future, perhaps 25 years or so from now. Mintages are not particularly high, especially for some of the platinum issues. In the case of the Uncs., I can see getting MS67's and above to be something of a feat because they are often just tossed in display cases without any protection (at least at my local dealer). I recently bought a 1998 Platinum 1/10 oz. in proof and unc. for my niece (her birth year). I knew they were nice examples and had ANACS slab them. The unc. came back MS67 and the proof came back PF69. Both coins are very solid in the assigned grade. ANACS is very tight on moderns.

cladking

<< <i>I find it funny that people call these NCLT, say they have no interest in them, and then buy 50 mint sets looking for the MS68+ coins. Mint set coins are NCLT too. The bottom line is that if you like them, then who cares what other people think. >>



Proof coins could be considered NCLT and certainly most of the commems including all
the modern commems are NCLT, but the term mint set is often reserved for the sets of
uncirculated current coins which are most certainly not NCLT.

There's nothing wrong with NCLT and I collect several series of these myself.

Some of the modern bullion were made in very small numbers and future collectors will
probably have little concern with the way these were released or to whom they were in-
itially sold.

MadMonk

THEY ARE GREAT! And liquid as hell!

ursabear

I think of them as coins, as collectibles, as bullion, and yes, I think of them as series coins, too.

epicrecipe

I'm new to the hobby and collecting proof SAEs was an easy relatively inexpensive way to get started. I'm almost done building my first set of raw coins with boxes and COAs and have a few PCGS PR69s. I may move into pandas, kookaburras and other world silver bullion later. Silver bullion will be a small percentage of my coin budget, long term and mainly because I like the designs.

I don't believe I'll be moving into GAEs or PAEs though because they're more impacted by spot prices, theres less demand (i.e. less liquid) and I'm not sure which way precious metals will go. Passionate arguments both ways.