Monster Box of 2018 ASEs vs. 1 Tube of 1/4 oz. 2018 AGEs vs. (5) 2018 Proof Plats?
jmski52
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Assuming that sufficient funds were available for any of the above options, which?
Note - this is a rough representation of my desired mix, but I want to choose the one that makes the most sense for today’s market.
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I knew it would happen.
I knew it would happen.
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A tube of AGE might impress the ladies more than a green box.
Knowledge is the enemy of fear
Whichever of those I can get at nearest spot I would take.
The ladies get in for free.
I choose silver
Spot play for me for the gold first, then silver, but absolutely not the plat.
wait for a pull back then go gold
Gold, then silver.... I would not do the platinum.... Cheers, RickO
It's your mix and I like it generally--but proof Pt vs. bullion silver and gold doesn't seem "fair".
Pt is at a 5 year low. So for a straight Ag-Au-Pt mix, I vote Pt right now. But throwing numismatic premiums into the mix makes Pt less desirable.
--Severian the Lame
It’s true that it isn’t a “fair” comparison, except that my most recent purchase was a roll of Pt Canadian Maples. I used to balance everything with about a 50:50 ratio of Modern “collectible” bullion and regular US Modern bullion (I.e., ASEs, AGEs, and my Registry Plat collection), but since the collectible component hasn’t been “on fire” for about 10 years, I’ve backed off the collectible component a bit, unless I think there’s a potential “dark horse” low mintage key in the works, such as the Unc Boys Town or the Unc Betty Ford, or an ignored Proof Plat. I do suspect that this year’s Proof Plat will sell out, but the real question is “how many?” Even then, does it matter? Thanks for y’alls inputs!
I knew it would happen.
i think (guess) they will have a ridiculous mintage on the proof plats this year. (lessons from recent past)
its almost time for the olympics so go for the gold
I wish I knew the best answer. I get in moods - sometimes I am in the mood for silver, sometimes gold, rarely platinum. I don't know if any one makes more sense over the other.
I set up a health care proxy that kicks in if anyone sees me buy platinum or palladium coins. Thats the signal that I should no longer be allowed to make any important decisions.
Excellent!
As much as I love the proof PAE’s , I only get one from each year.
That’s the only platinum I own.
Gold !!!
I forgot about one important caveat for the platinum. It won’t spot, it won’t tone and it stores easily.
For today's market (short term) choose numismatic plat proofs. For tomorrow's market (long term) choose the bullion silver eagles.
"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
Which one has incredible upside?
Silver
Loves me some shiny!
Agreed . Platinum might have upside but the terrible liquidity , wide spreads , and bizarre nature of your future buyers means any profit disappears like rain in the desert.
With stuff like that you get buyers that would ask why it wasn't slabbed , or they will be pulling out the 30x loupe because the nimrods want to actually send the silly things in to be graded . Then you spend 6 days holding the buyers hand while they try to decide will they or won't they .
Those buyers will then sit on the things like that scrawny chicken in the foghorn leghorn cartoons trying to hatch the only egg she ever laid , while the spot price of platinum crashes to new lows once again
IMO the end result for a stacker should always be to have more gold but with the GSR hovering close to 80 I'd say silver is currently the better buy.
Personally I haven't swapped any of my gold for silver at this level (although historically the ratio says that's exactly what one should do) but any new purchases have been strictly silver. I know your question specifically mentioned silver eagles but it should also be noted that premiums on 90% junk are as low as I have ever seen. Regularly without much effort finding nice 90% under spot and it's very liquid when you need to move it quick just like the eagles.
The whole worlds off its rocker, buy Gold™.
The 90% premiums are great right now I agree and it is easier to move than a monster box . If you want to sell $10 face at a time or $50 face or $1000 you just divy it up. If you break into a monster box then buyers suddenly want to gaze at each coin
Actually, the monster box I bought early last year was Effigy Mounds - I grew up near there.
I don’t play this like a trader, so a % or two don’t really phase me much as long as I’m buying close to the competitive price for whatever it is that I’m buying. I’m probably going to go ahead with some silver. The reason I like ASEs or ATBs at this juncture is because it gives a clear delineation of what was bought when - for tax purposes. Yeah, I do like 90% too, but it seems that the market is still transitioning towards 100%. Que sera, sera.
I knew it would happen.
Why would you want a monster box of ATB's? you are going to sell for back of spot when the time comes
I actually like ATBs, and truth be told, I’d much rather have them than FRNs.
I knew it would happen.
Why go out of your way to buy the most illiquid items though? If I wanted 500 ounces of silver I'd buy 5 100 oz bars then with the leftover money I'd buy the effigy mound puck and put it on my desk so I could look at it.
10 years from now you are going to sell that monster box for spot if you are lucky unless you have 6 months to place it in the hands of the one guy that wants it.
When I cash in my stack I don't anticipate having to do it in 20 minutes time but I could unload at least half of it in a few days without getting slaughtered. The other half might take 6 months to unwind over ebay or a few visits to coin shows
The market is always transitioning somewhere , but it will never move an inch in the direction of the pucks
Buy the monster box.
monster box does not need one future buyer, 500 opportunities to sell when the time comes.
"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
I probably won't ever buy another box of pucks, but when I sell them, it will be a roll (100 oz) at a time, just like when I sell ASEs, it will most likely be a roll (20 oz) at a time. Bars hold not much interest for me, I can't help it.
Hey, I keep reading more often now that metals are going up this year. Think it might be true?
I knew it would happen.
1) Silver
2) Gold
3) Platinum, in the order you listed them. I think Silver is the most depressed, currently. So the more, the merrier. My opinions are usually wrong. Bet against me.
Seems to be the story at the start of every year, at least as long as I have paid attention. This year seems as good as any. Debt still out of control and I suspect it will get worse with all the corporate tax breaks that were just handed out. Artificially overinflated stock and housing markets again and a US dollar that's barely worth the paper it's printed on. All should be good for metals, logically speaking. Who knows, your guess is as good as any.
The whole worlds off its rocker, buy Gold™.
This thing goes up and down more than a newlywed
jmski52: Aren't your rolls of pucks 50ozs? I've only got one tube (2016 Cumberland) and it's ten 5oz pucks.
And yes, Effigy Mounds is pretty cool.
@VanHalen I bet that roll has some heft to it. I haven't seen a full roll in person before. Very cool.
VH, you’re correct, a puck roll is 50 oz. I haven’t opened the monster box, so I forgot the breakdown. I once thought of collecting a roll of each issue, but it was too late when the thought crossed my mind.
I knew it would happen.
How are the 5 ox pucks doing? I have many dating back to the BU's in 2010.
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