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- - why are coins priced different? (http://goldismoney.info/forums/showthread.php?t=309005)

travr6 | 10-04-2008 06:07 PM
why are coins priced different? I tried searching but couldn't find an answer. Why is there a different price in Maples, Britannias, GIM, etc... if they are all 1 oz coins? Shouldn't all 1oz silver 999 coins be the same price?

Yasumi | 10-04-2008 06:08 PM
Re: why are coins priced different? The different varieties of coin have different levels of supply and demand, and thus have different prices?

TomD | 10-04-2008 06:22 PM
Re: why are coins priced different? Given the choice between a gift of a 2003 SAE and a 2003 Britannia which would you choose? One is common one is rare, hence the price difference. http://farm4.static.flickr.com/3252/...af50d88d_b.jpg

travr6 | 10-04-2008 07:22 PM
Re: why are coins priced different? I didn't know it was rare. That makes a difference. So those are more for the collecting value then the actual silver melt price. I am not a coin collector. I just want pure silver. Whatever the cheapest coin is will be what I buy. That Britannia is beautiful though.

tampa78 | 10-04-2008 07:40 PM
Re: why are coins priced different? Britannia's are limited mintages and the faces change pretty much vary every year. Because of that, they are more desirable and collected to make sets.

Silver Pirate | 10-04-2008 07:48 PM
Re: why are coins priced different? TomD, that coin is beautiful! I wonder if you can still get one.

Silver Pirate | 10-04-2008 07:50 PM
Re: why are coins priced different? Oh, and I also like the coin Tallships has as the avatar.

argentos | 10-04-2008 09:12 PM
Re: why are coins priced different? Quote:
Originally Posted by Silver Pirate (Post 1333651) TomD, that coin is beautiful! I wonder if you can still get one.
The 2008 is no ugly duckling either. http://www.royalmint.com/PackedSets/BR08AG.aspx http://www.royalmint.com/web/multime...s/BR08AG_1.jpg

highroller4321 | 10-04-2008 09:15 PM
Re: why are coins priced different? Quote:
Originally Posted by travr6 (Post 1333471) I tried searching but couldn't find an answer. Why is there a different price in Maples, Britannias, GIM, etc... if they are all 1 oz coins? Shouldn't all 1oz silver 999 coins be the same price?
Canadian maples, American silver eagles, and brittannias, and austrailian lunars and many other are made by a government mint. Becuase they are made to be a collector item they usually carry a higher premium than just silver spot. It depends on where you are at but around me maples carry an $0.85-$1 premium and SAE carry a $1.5-$2 premium (During normal times...the prices right now will be MUCH higher due to the manipulation of sivler prices) Also when you sell those coins you should get some of that premium back. If you are just after strictly silver prices you can go after generic .999 silver rounds. With the way things are right now...in my opinion anything under $15 IS A GREAT DEAL!

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