New 1/10 oz silver coming soon
ScarsdaleCoin
Posts: 5,223 ✭✭✭✭✭
You saw it here first
Jon Lerner - Scarsdale Coin - www.CoinHelp.com
2
Comments
I imagine the premium over melt value will be fairly high.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
The double-edged sword of a retailer posting on an open forum. Publicity vs. criticism.
I see no logical reason to buy a 1/10th ounce silver. They're cute. But unless the premium is in the 10% or less range, they don't make a lick of sense.
--Severian the Lame
Nice advertising piece.
You're giving those away right?
Of course at 5 pcs for $10. That's $2 each. The premium is not high at all but would you step up and buy for 4 for $10 that's $2.50 each. Just curious on folks reaction.
Sign me up. I like the design. I like to pay over spot for art.
$2.50 per coin works out to $25 per ounce which is currently more than $7 per ounce over melt. Too big of a premium for a silver round in my opinion. I can see these being popular with preppers who would buy them for use as barter after the economy collapses though.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Maybe for some one or two for a ball marker or the cute factor.
For me, I'll put my money in 90% dimes.
I wouldn't buy your 1/10 for more than spot.
Got quoins?
Nice artwork and good for advertisement value... Cheers, RickO
one ounce or half ounce would be more welcomed by the market.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
The market is already saturated with 1 oz silver rounds.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
in
OK with $2/each...not interested if higher.
They look cool.
My YouTube Channel
I would take a roll of 50 pcs at $2 ea or less.
Interesting and good for advertising, but only if they are greatly distributed/dispersed. JMO
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Bad transactions with : nobody to date
I'm in for four.
Cheers
Bob
oops in at $2
a great marketing tool as well. fwiw
I like the design, but I can't justify it as another line item for investment purposes. It might be a decent novelty/advertising piece, but the premium will be a non-starter (for me). If it becomes an annual (dated) offering, it might develop a following, but there is plenty of hard competition, in my opinion.
I knew it would happen.
I think it looks pretty neat!
Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
You'll sell lots of these at $2 each.... At $20/oz. you're competitive with larger bullion as it's pretty hard to find silver eagles for that price around here and most will know they'll likely pay a slight premium for the fractional pieces anyways.
But higher than that, you'll still sell them, but the number of pieces you sell will drop off quickly I think.
Cool piece and good luck!
Michael Kittle Rare Coins --- 1908-S Indian Head Cent Grading Set --- No. 1 1909 Mint Set --- Kittlecoins on Facebook --- Long Beach Table 448
at 2 bucks each i would take a roll.
I don't see how you can make $2 work even at current spot price. I really like 1 side of the coin but it seems as though it is made up of 2 reverse sides. Many props to the risk taker , as a the do'er i applaud you sir.
Loves me some shiny!
I would buy some at $2 each as well. I think they look cool.
Yea I wouldn't buy 5 of those 1/10 silvers for 15bones, I'd buy something I thought maybe brass instead...
I think it looks pretty cool.
I like them a lot more than the dcarr stuff.
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
I like the design, I'd get 10 of them for a round ounce, I'd pay $25-$30 for that, they look cool, but I would not see buying large amounts of them.
Store tokens worth $3 off towards purchases in stores that accept them. A better concept than trying to peddle metal.
"Store tokens worth $3 off towards purchases in stores that accept them. A better concept than trying to peddle metal"
That's a interesting concept!
Only interesting for those that frequent the place, imho.
I look at a lot of online shops, but don't always find things for me. I wouldn't see myself "buying" a store token for that reason (I don't collect things like that either).
If it makes business sense, do it.
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
Thank you all who emailed or PM me.... the answer is YES, they are now available on our website
Would you do 500 pieces @ $1,000?
www.CoinHelp.com doesn't work. What is your website, or a link?
I knew it would happen.
Worked ok for me.
coinhelp.com/page/page/178468.htm
Your link worked. Thanks!
I knew it would happen.
Whoa, now we're up to a $3.33 to $5.00 range.
I knew it would happen.
Pass.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Something was said earlier in the thread by Scarsdale about 5 for $10. I offered $1,000 for 500 of them (neat item to sock away in the safe) and was turned down. I love them @ 15% over melt......I think they are a total novelty @ 70% over melt.
Wow, quite a bit more than the 5 for $10 or the 4 for $10 first mentioned by the OP.
Best of luck with these!
Michael Kittle Rare Coins --- 1908-S Indian Head Cent Grading Set --- No. 1 1909 Mint Set --- Kittlecoins on Facebook --- Long Beach Table 448
pass dropped
Got mine today. Nice design and will make great gifts for some of my token-collecting friends.
For the detractors, Barndog hit it on the head. These are nice advertising pieces, and token collectors will go for them. As an investment? I don't think that that's what Jon had in mind for them.
On the other hand, there are plenty of these types of advertising items from yesteryear. Very collectible today.
Cheers
Bob
Neat item as a "gift with purchase" type storecard, and would be even better with a "good for $3 or 3% off (whichever is greater) in trade at the issuer's coin store.
As a retail Item for sale at significantly more than melt value? It would be a lot better without the www.com address on it.
Liberty: Parent of Science & Industry
maybe include one for free with purchases over X amount?
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
"It would be a lot better without the www.com address on it."
Well, the old store cards had the street address on them. And I'm certain the shop owners didn't expect them to become as valuable as some have become.
Cheers
Bob
Oh you mean the old, rare, and handcrafted ones with extremely small mintages that suffered years of hard attrition?
Yeah, that kind is really cool.
Liberty: Parent of Science & Industry
What happened, did spot change that much, did we get bait and switched?
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This offer, unfortunately, turned into a farce. I was looking at purchasing a few at a reasonable price.
I liked the design and wanted to support a forum member.
I think they are well done and look nice, premium is just a little high for me. I liked the original price.
I think this was a big mistake by OP. Should have never said anything to begin with! At $33 or $50 an ounce, I think it will be a hard sell!