world silver coins

coinkat

anyone playing silver through World coins instead of US?

TomB

I like the Mexican Libertads very much. Also, the Maria Theresa thalers are quite cool to stack up, too.

BlackBeard

<< <i>I like the Mexican Libertads very much. Also, the Maria Theresa thalers are quite cool to stack up, too. >>





I find the Libertads very nice as well and have picked up a few different dates/weights. I bought a 2008 proof set a while back on ebay. Beautiful coins and only 1k sets minted.

Barndog

I like Mexican Libertads, Onza (Balance-Scale type), and 1947-1948 5 Peso coins. Probably have more of these than I will ever "need"
I keep a roll or two of Canadian Maple Leaf coins handy too.

cladking

I've got a good start on a world silver type collection but haven't worked on it in many years.

Geotovore

Here and there, on ebay and in shop, I've been picking up some Polish silver from the early '30s and German silver from the '60s. I will find them at a little bit below melt and I love the designs. Although, they will be harder to get rid of if need be.

coinkat

THANKS FOR THE REPLIES

I agree with what has been written

I am beginning to wonder if some of the modern coinage that many view as crap will someday have an issue with a surviving population-think about some of the issues from Panama for example- If this can be bought at the right price and 50-60% of the mintage is melted- well, it seems an argument that value exists with these

coinkat

1930s Polish silver at or below melt seems cheap

I also like the 1947-48 5 Pesos

1jester

<< <i>1930s Polish silver at or below melt seems cheap
>>



I've never found them at or below melt. In Poland they always command a premium - slightly above melt for junk (bent, disfigured, etc) to 2-3 times melt for decent examples. The reason for this is that they are quite scarce. Even so, I've sought them out and have well over 10 kilos of these 2nd Republic coins. True, it's not so much a silver play as strict bullion, but their resale value will always be far in excess of melt.

I've also got a couple thousand ounces of Philharmonics as well. They are beautiful and impressive coins, proof-like in finish and always overweight.

halfhunter

Picked up a few of these a couple years ago.



Minted for Cook Islands by the RAM in Canberra. Seem hard to find here in the states.

HH

JamesMurray

I buy quite a bit in bulk and find nothing but positives with doing so. More often than not there's coins i've never seen from countries i've never been and just last week one such coin was pointed out on the world coin forum to be valued in excess of $100 , bought as scrap silver.
I honestly don't think world silver coins are difficult to sell , of course it is always going to be easier selling US silver in the US but buyers/collectors are much more aware now and theres been quite an upturn in world coins in a big way.Ive not encountered any troubles selling world silver at all , its often .925 ..sweet

Geotovore

<< <i>1930s Polish silver at or below melt seems cheap

I also like the 1947-48 5 Pesos >>



Yes, the B&M won't have them cheap, but I have purchased some on ebay from sellers who aren't quite sure how to label the auction, creating an unusual title and limiting its exposure.

I assume from the deals I've gotten with other proof coins that it also works when you type in NGC PR(anything 60-70) or PCGS PF.

Geotovore

<< <i>I've never found them at or below melt. In Poland they always command a premium - slightly above melt for junk (bent, disfigured, etc) to 2-3 times melt for decent examples. The reason for this is that they are quite scarce. Even so, I've sought them out and have well over 10 kilos of these 2nd Republic coins. True, it's not so much a silver play as strict bullion, but their resale value will always be far in excess of melt. >>



I didn't mean to give the impression that I always find them at below melt, or that I have rolls and rolls of them. Just a handful of them in decent condition and pick up a piece here and there. 10 kilos is pretty impressive.

PerryHall

<< <i>1930s Polish silver at or below melt seems cheap >>



How liquid are foreign silver coins which were originally issued for circulation? Will the average coin shop want to buy them at anywhere near melt value?

Weiss

Not a fan of foreign silver. I see it along the same lines as war nickels and 40% halves--just too iffy to be a good investment and an even worse SHTF play.

That said, I'm a huge fan of the silver Polish coins. That's the numismatist in me, though, and not the silver investor.

Ciccio

I had a bunch of different silver coins from the dark side. Kooks, Libertads, Koala, Maple,...
I just kept 2 series that began recently, I will be able to build them year after year not chasing the back years.
My favorites are the Philharmonics and the new Russian bullion (which will be bullion when silver double up!).

OPA

Big fan of Libertard proofs



Kookaburra's



Canadian Wild Life



German Quadrigas



Austrian Philharmonic's




Along with a dash of ASE's

cladking

<< <i>THANKS FOR THE REPLIES

I agree with what has been written

I am beginning to wonder if some of the modern coinage that many view as crap will someday have an issue with a surviving population-think about some of the issues from Panama for example- If this can be bought at the right price and 50-60% of the mintage is melted- well, it seems an argument that value exists with these >>




I wasn't even going to bring up th modern silver but this is where the real long term
potential lies. Very were people will even think of scrapping a nice old Guatemalan silver
coin even if it falls below melt value but most of the modern silver has never had a real
home and it's the first thing that has always been tossed into the melt bucket. With mo-
derns I greatly prefer gold and base metal but there are lots of silver issues which have
already been heavily melted and higher prices bring thee out of the woodwork and right
into the melting pot. Mintages really weren't alltht high to start with if you think about
it. I mean most are in the 10,000 to 25,000 range and many are substantially lower with
fewer than 1000 being common. Look at the Bhutan 1974 15 N. This coin has about .38
Ozt if memory serves and lists for only around $25. This is a real coin with a great deal of
history even if it's not a long history and attrition has probably been fairly substantial. It's
likely some were destroyed in the '79 melt and normal attrition has whittled it down to may-
be as few as about 700 survivors yet it might soon hit the pots too.

Of course most of the moderns being melted will be the more common stuff like Bahamas
simply because it's out there. But how long can coins with mintages of 20,000 flow to the
melters before they're scarce too? And this is exactly the kind of coin that is being destroy-
ed now because the owners have no love for them and most have a profit. Many will want
to get rid of the very low premium silver and get better silver for longer term.

It's really a great time to be a young collector and I'd love to be able to start over.

cladking

If I were a kid this is the sort of thing I'd be buying; Good quality modern silver and aluminum.
I'd have a lot of clad until it gets too expensive and sell it for modern gold. There's still huge
opportunity in world copper nickel which is likely the next big thing but it's probably too late to
accumulate.

Everyone should get familiar with the older coins since many of them are underappreciated as
well.