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What's the fuss about "bullion" coins?

Do they know they are bullion?

Do they know they are being discriminated against?

Should they hire a lawyer?

Does it matter to the metal being minted?

Does it matter to the dies?

Does number of coins minted affect only the value of "Non-bullion'' coins?

Or are they doomed because they are modern and bullion at the same time?

Couldn't silver dollars in days gone by be considered bullion?

On and on ad infinitum.....
And I ain't lying this time.

Comments

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    garsmithgarsmith Posts: 5,894 ✭✭
    image


    Are you just ranting or do you have a point to make here?
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    cladkingcladking Posts: 30,162 ✭✭✭✭✭
    Morgans were essentially just bullion made for political reasons.

    Even the early silver dollars usually didn't circulate freely. image
    tempus fugit extra philosophiam.
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    RarityRarity Posts: 1,458 ✭✭✭✭
    Isn't the Trade dollar of the 1800s having the same role as American Eagle gold/silver coins of today ?
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    << <i>Morgans were essentially just bullion made for political reasons.

    Even the early silver dollars usually didn't circulate freely. image >>



    I was under the impression that Morgans circulated in the West. Where do all these circulated and cull Morgans come from?
    The strangest things seem suddenly routine.
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    bumanchubumanchu Posts: 1,383 ✭✭✭
    No ranting, I just don't understand bullion bashing or bashers.

    I don't agree with their holier than thou postions, if you happen to like the "coins" for the coin's sake.
    And I ain't lying this time.
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    << <i>No ranting, I just don't understand bullion bashing or bashers.

    I don't agree with their holier than thou postions, if you happen to like the "coins" for the coin's sake. >>



    Well, they're nice, but I wouldn't pay a premium for them--okay, maybe for the 1995-W SAE, but I would still consider that an investment.
    The strangest things seem suddenly routine.
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    JulioJulio Posts: 2,501
    Only fuss I can imagine is paying an investment rare coin price for bullion. I'm going to take a wild guess and say most who visit here do not do this.

    Gold/Silver goes up and down. {bullion}.

    Sometimes you get it right, sometimes you miss the boat.

    When I buy bullion everyone should sell. Reverse is true.

    image. jws
    image
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    garsmithgarsmith Posts: 5,894 ✭✭
    <<No ranting, I just don't understand bullion bashing or bashers.

    I don't agree with their holier than thou postions, if you happen to like the "coins" for the coin's sake.>>

    My appologies I thought you where starting a bashing thread and I like my ASE's. The beauty of proof ASE's is what got me started in collecting!
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    cladkingcladking Posts: 30,162 ✭✭✭✭✭


    << <i>No ranting, I just don't understand bullion bashing or bashers.

    I don't agree with their holier than thou postions, if you happen to like the "coins" for the coin's sake. >>



    I hope you don't think I was bashing them. I really like all coins but the purist part
    of me prefers coins that circulated in their entirety. This doesn't mean that I hold the
    bullion coins in less esteem so much as I consider them a slightly different sort of
    collectible. I do collect various bullion and NCLT issues and enjoy them all.

    Sometimes it can be very difficult to make a point without seeming to be making
    other points.
    tempus fugit extra philosophiam.
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    cladkingcladking Posts: 30,162 ✭✭✭✭✭


    << <i>

    << <i>Morgans were essentially just bullion made for political reasons.

    Even the early silver dollars usually didn't circulate freely. image >>



    I was under the impression that Morgans circulated in the West. Where do all these circulated and cull Morgans come from? >>



    The Morgans got a fairly wide circulation in the west but this left the bulk
    of them sitting in vaults undisturbed for decades. Much of the wear on lightly
    circulated pieces is caused by mishandling or storage in change jars or sock
    drawers. Heavily worn pieces were often used as emergency money or poc-
    ket pieces or spent time in casinos. Most of the G's to F's probably saw circulation.

    tempus fugit extra philosophiam.
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    bumanchubumanchu Posts: 1,383 ✭✭✭
    There were a few desirable bullion coins with W's on them that had/have numismatic value:

    The 1995-W ASE

    The 1999-W $5 and $10 AGE's (MS specimens made with unfinished proof dies)

    Now there will be a few more! And one has a P on it!
    And I ain't lying this time.
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    GeminiGemini Posts: 3,085
    Whatever floats your boat. If the Mint keeps making the same nearly perfectly cloned carbon copy coins for the next ???? years and this excites you then keep on buying them. If you have a collecting goal then go right ahead. For me collecting and accumulating the same exact looking coin every year would be akin to the Chinese water torture. I feel there are far more interesting coins, tokens, paper money, medals etc. that I would rather experience owning.
    A thing of beauty is a joy for ever
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    bumanchubumanchu Posts: 1,383 ✭✭✭
    See last post directly above yours for three old reasons and possibly a few more this year.
    And I ain't lying this time.
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    PerryHallPerryHall Posts: 47,589 ✭✭✭✭✭


    << <i>Couldn't silver dollars in days gone by be considered bullion? >>



    Most still are.

    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

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    RegistryCoinRegistryCoin Posts: 5,132 ✭✭✭✭
    I think that if the mint makes far less (bullion, ie. plats and '95w SAE) coins (supply) than are desired by collectors (demand), then they, at least to me and a few others, become quite collectible.
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    wondercoinwondercoin Posts: 17,133 ✭✭✭✭✭
    BUMANCHU:

    Did you know that the Platinum Statue of Liberty Proof coins are a "new era" in American Numismatics.

    The Proof Plat coins are LEGAL TENDER. Platinum Proofs will take "the premier place in collections worldwide because they are rich in details present on [virtually] no other US coinage." They were (at the time of their release) the only US coin to "feature a dollar sign and only they bear the highest face value in American history". For these reasons and many more Platinum Proof Eagles are "likely to become [one of] the world's most coveted coin...".

    "Long awaited and widely acclaimed, Platinum Eagles are here".

    Wondercoin

    P.S. I am simply quoting the above. Anyone know where I am quoting from?
    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
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    GeminiGemini Posts: 3,085


    << <i>See last post directly above yours for three old reasons and possibly a few more this year. >>



    So one has a low mintage-two have un-finished proof dies- and one has a P on it...This is excitement? come on you have to give me better reasons to collect these things. Try collecting something with some historic substance to it. image
    A thing of beauty is a joy for ever
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    << <i>BUMANCHU:

    Did you know that the Platinum Statue of Liberty Proof coins are a "new era" in American Numismatics.

    The Proof Plat coins are LEGAL TENDER. Platinum Proofs will take "the premier place in collections worldwide because they are rich in details present on [virtually] no other US coinage." They were (at the time of their release) the only US coin to "feature a dollar sign and only they bear the highest face value in American history". For these reasons and many more Platinum Proof Eagles are "likely to become [one of] the world's most coveted coin...".

    "Long awaited and widely acclaimed, Platinum Eagles are here".

    Wondercoin

    P.S. I am simply quoting the above. Anyone know where I am quoting from? >>





    Isn't that a quote from the new Legend Auction site?image
    Luck happens when preparation meets opportunity.
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    bumanchubumanchu Posts: 1,383 ✭✭✭
    My history is happening right now and history has happened during my lifetime.

    Methinks the mint using dies intended for proof coins on planchets intended for uncirculated strikes has some significance.
    And I ain't lying this time.

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