Would you pay $20 for a 1/4 oz silver bullion coin?

OPA

Bugs Bunny .. mintage of 350,00

RCM Bugs Bunny $20 coin

I'm not familiar with this series. Has it been successful?

derryb

Nope, I'm not a collector. I'm a long term stacker looking for the lowest current price on quality silver products, preferably ASEs.

OPA

<< <i>Nope, I'm not a collector. I'm a long term stacker looking for the lowest current price on quality silver products, preferably ASEs. >>



I do not consider myself a so called "stacker," but some one who is always seeking and looking for a profitable potential investment option. ASE's & 90% US Silver coins are my #1 silver choices, but will not pass up popular bullion coins or bars selling close or at spot.

DrBuster

I think these do fairly well as far as selling out. Re-sales though aren't the best from what I've gathered over on the kitco boards.

bronco2078

The RCM is one small step above Liberia when it comes to random nonsense coins. Don't waste money on oddball RCM collectible bullion . It's all destined for the melt bucket.

cohodk

No.

MsMorrisine

Only @ melt

High mintages!

Pokermandude

It's a recent (2011ish) gimmick by the RCM. Selling $20 face value coins (containing 1/4 oz of silver) for $20. They do very well on the seigniorage. They are legal tender, but there have been many reports of them being very difficult to actually cash in. Businesses won't take them because they don't look like standard currency or coins. Banks don't like to take them because it's a lot of extra labour on their end, for no profit.

SamByrd

yes but I have paid 5 bucks for coffee at starbucks.

Baley

one is not just buying the silver metal, one is also buying the shape of the metal, in this case, a beloved cartoon character.

Cute, but as with so much novelty bullion, no place in my collection for such an item. Even right at melt, I'm a pass on stuff like this.

GRANDAM

I would buy alot more silver coins at premiums IF all the Mints could get the spotting problem under control.

It is very frustrating to have coins both slabbed and raw that spot within months (or sooner) of striking them.

This didn't use to happen,,,,, you think someone could figure out the problem and fix it.

GrandAm

Baley

<< <i>I would buy alot more silver coins at premiums IF all the Mints could get the spotting problem under control.

It is very frustrating to have coins both slabbed and raw that spot within months (or sooner) of striking them.

This didn't use to happen,,,,, you think someone could figure out the problem and fix it.

GrandAm [edited to remove the annoying moving graphic; one is plenty >>



Do the non-slabbed coins in the original government packaging develop spots, or is it just the ones that get slabbed?

Either way, it sounds like some of the coin-handling operations ought to be done in clean rooms (or at least cleaner ones) with the air under control and the humans wearing masks and gloves

johnny9434

no way.

DrBuster

<< <i>
Do the non-slabbed coins in the original government packaging develop spots, or is it just the ones that get slabbed?

Either way, it sounds like some of the coin-handling operations ought to be done in clean rooms (or at least cleaner ones) with the air under control and the humans wearing masks and gloves >>



I got a fresh roll of maples a couple years ago from a fresh monster, spots everywhere. Junk silver to me but I still have them.

bronco2078

<< <i>

Do the non-slabbed coins in the original government packaging develop spots, or is it just the ones that get slabbed?

Either way, it sounds like some of the coin-handling operations ought to be done in clean rooms (or at least cleaner ones) with the air under control and the humans wearing masks and gloves >>




I think the RCM does it in what they call the sneeze room

Timbuk3

Nope !!! :-(

LucyBop

If I want something, then I would pay $20 for a 1/4 oz.

ricko

I will stick with ASE's..... certainly overpriced... Cheers, RickO