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Main Focus, Collectibles or PM's

smallchangesmallchange Posts: 194 ✭✭✭
in Precious Metals
I consider myself a collector who also dabbles in precious metals. Lately I have sold a lot of my common coins and have been focusing more on the pm side of the hobby. I now find that my pm's have over taken my collector coins in both numbers and value. I like the idea that I can take a roll of Eagles or a 10 oz. bar and know pretty much what it will bring if I take it to my coin shop, with collector coins I usually get "It's in the wrong holder, or I don't get much call for these" etc. The collector in me still likes to put together sets. I have a couple of complete Silver Eagle sets, and a Franklin set. I don't worry about the premium on these because I can put them together for not much more than spot. I find it satisfies the collector in me. Anyone else here burned out with collector type stuff and making the switch to precious metals only.

Jim
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Comments

  • dbcoindbcoin Posts: 2,200 ✭✭
    My collector coins are usually lower grade PM type coins. Such as Au58-MS62 Saints and Liberties. I tend to buy these when the premium over melt is low and sell them when the premium over melt is high.

    I have found that starting this way I am now tending to move into the higher end coins of these types; MS63,64,65. The premiums on these are very low. Every one wants hunks of metal and these beautiful coins are left sitting on the shelves.

    I never went for the Modern 70's but I did buy some Modern 69's in both gold and silver. My silver coins developed milk spots and I sold them for melt. I don't think I will ever buy Modern silver again. My gold coins it seemed that they went for melt and no one cared if they were in a holder or not. So as far as Moderns go, I guess I am in agreement with you.

  • rickoricko Posts: 98,724 ✭✭✭✭✭
    I collected PM's for years (back in the '90's) when they were cheap - compared to now. I am not collecting them at this time. Cheers, RickO
  • OnlyGoldIsMoneyOnlyGoldIsMoney Posts: 3,359 ✭✭✭✭✭
    I am a PM stacker with a modest gold coin collection. Since Jan 2009 I have heavily favored PMs over registry set coins.
    NO END IN SIGHT LIB $2.50'S CAC ONLY
    https://www.pcgs.com/setregistry/gold/liberty-head-2-1-gold-major-sets/liberty-head-2-1-gold-basic-set-circulation-strikes-1840-1907-cac/alltimeset/268163
  • goingbrokegoingbroke Posts: 1,410
    I have often wondered why some modern silver Eagles get milk spots and some don't?. I have a 2004-W proof silver eagle in a holder and no spots have shown up on it yet. The white stains (or "milk spots") result from the planchet (flan) cleaning and preparation process
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  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    Big reason why I like 90% silver, I can feel like I am collecting them and try to make complete dansco albums out of them BUT they have the precious metals in them which is what I'm after as well.

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  • BBQnBLUESBBQnBLUES Posts: 1,803 ✭
    Guess my answer would be PM's for now..

    I've completed several Darkside type sets in Dansco albums... but once completed, I loose interest in 'em (ha)

    Also started several Gold type sets, just put them on the back burner for now, to stack more Silver...

    Eventually plan on cashing in the PM's & filling the holes in my Gold type sets...
  • dontippetdontippet Posts: 2,606 ✭✭✭✭


    << <i>Big reason why I like 90% silver, I can feel like I am collecting them and try to make complete dansco albums out of them BUT they have the precious metals in them which is what I'm after as well. >>



    I agree with you.

    I never collected coins. I have been "collecting" PM's for 1 1/2 years now. It's more investment / insurance, but it does satisfy the thrill of the hunt and the collectible hunger that I have.
    > [Click on this link to see my ebay listings.](https://www.ebay.com/sch/i.html?_nkw=&amp;_in_kw=1&amp;_ex_kw=&amp;_sacat=0&amp;_udlo=&amp;_udhi=&amp;_ftrt=901&amp;_ftrv=1&amp;_sabdlo=&amp;_sabdhi=&amp;_samilow=&amp;_samihi=&amp;_sadis=15&amp;_stpos=61611&amp;_sargn=-1&saslc=1&amp;_salic=1&amp;_fss=1&amp;_fsradio=&LH_SpecificSeller=1&amp;_saslop=1&amp;_sasl=mygirlsthree3&amp;_sop=12&amp;_dmd=1&amp;_ipg=50&amp;_fosrp=1)
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  • JCMhoustonJCMhouston Posts: 5,306 ✭✭✭
    I am by far more of a coin collector, PM's are a very small part of what I have. Even when I buy PM's it is almost always in the form of e. 20th C. World gold coins.
    JCM-Houston
    World Collection
    British Collection
    German States Collection
  • FistFullOfDollarsFistFullOfDollars Posts: 359 ✭✭✭
    I collect & stack.... the past several years I have been leaning more towards stacking




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  • chumleychumley Posts: 2,305 ✭✭✭✭
    I collect both..in times of silver weakness I revert back to coins and let the silver/gold just sit
  • PerryHallPerryHall Posts: 46,112 ✭✭✭✭✭
    Both coins and PM's. Don't forget that PM's can be collectible when you consider all the neat silver/gold bars from the many different producers in various weights, shapes, designs, styles, etc.

    Worry is the interest you pay on a debt you may not owe.
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  • 1970SilverArt1970SilverArt Posts: 482 ✭
    I am a collector first and my main focus has been on collecting 1-oz silver art bars especially the very rare ones since I am a silver art bar collector.
    DISCLAIMER: I am NOT a '70's silver art bar expert but I try my best to play one on the Internet.
  • smallchangesmallchange Posts: 194 ✭✭✭


    << <i>Both coins and PM's. Don't forget that PM's can be collectible when you consider all the neat silver/gold bars from the many different producers in various weights, shapes, designs, styles, etc. >>



    Thanks, that's what I am going to look into.

    Jim
    Successful BST transactions with lkenefic, AnkurJ, ajia, stephunter, No lawyer
  • trozautrozau Posts: 3,455 ✭✭✭
    My collectibles are coincidentally PMs. image
    trozau (troy ounce gold)
  • PokermandudePokermandude Posts: 2,713 ✭✭✭
    I collect and stack, leaning more towards stacking these days. There's also quite a few coins that can be had for tiny premiums over spot now with metal prices rising.
    http://stores.ebay.ca/Mattscoin - Canadian coins, World Coins, Silver, Gold, Coin lots, Modern Mint Products & Collections
  • CiccioCiccio Posts: 1,405 ✭
    My main focus is now on PMs. Though, I am trying to buy rare or scarce items.
    I still have some coins and won't give up on my Dansco 7070 but collecting gold coins is what suits me better.
    Like my dad.
  • gsa1fangsa1fan Posts: 5,566 ✭✭✭
    Collector in me is why I found CU. PM's are different play more of savings/investment.

    I do like gold coins as collectable but disagree with way they follow spot prices.
    Avid collector of GSA's.
  • calleochocalleocho Posts: 1,569 ✭✭
    I like gold world coins ...especially 19th century.

    "Women should be obscene and not heard. "
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  • InYHWHWeTrustInYHWHWeTrust Posts: 1,448 ✭✭✭
    Started out back in the hobby c.2002 as pure collector of 20th century US, ...stumbled my way into Barber halves with a lot numismatic premium (midgraders) as a specialist...stumbled literally into a nasty injury, so had to sell the Barbers off, whilst learning more about our economic woes... which pushed me over here to the PM forum (from the former GS Econ megathread).

    It is fun to 'stack' silver coinage in folders like common date and lower grade roosies, frankies, washers, wlh's -- that is, before the price of silver took care of that as a 'cheap' chase for fun.

    So, I think you can have it both ways... others have listed mint products with premiums (collectibles), although I haven't done that. How about this for a hybrid of both worlds?

    Jakes and Coinsupplyexpress (mkman)
    Do your best to avoid circular arguments, as it will help you reason better, because better reasoning is often a result of avoiding circular arguments.
  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    INYHWHW, were can you find that type of capital plastics holder? Very cool!
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  • ibzman350ibzman350 Posts: 5,315 ✭


    << <i>Big reason why I like 90% silver, I can feel like I am collecting them and try to make complete dansco albums out of them BUT they have the precious metals in them which is what I'm after as well. >>



    I like filling Whitmans instead of Danscos.



    Herb




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