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- - Low Cost Numismatical Coins (http://goldismoney.info/forums/showthread.php?t=35858)

Silverity | 05-08-2006 03:05 AM
Low Cost Numismatical Coins I collect large silver coins such as dollars and crowns which typically contain 1/2 to 3/4 ounce in them. I go for the coins which command 50% to 100% over spot price and are aesthetically pleasing to hold. I took a rest from buying late last year but went back in a few weeks ago and have noticed a difference. The coin values have followed the price of silver but I seem to detect an extra premium on them perhaps due to higher demand for high silver content coins? I also notice that sellers are now stating how many ounces of silver are in each lot. I wonder if high metal prices will lead to a renaissance in coin collecting?

Mercury Rising | 05-08-2006 03:43 AM
Re: Low Cost Numismatical Coins I think you make a damn good point. And I myself have noticed this also. :beer:

Ivlianvs | 05-08-2006 10:50 AM
Re: Low Cost Numismatical Coins Quote:
Originally Posted by Silverity I also notice that sellers are now stating how many ounces of silver are in each lot. I wonder if high metal prices will lead to a renaissance in coin collecting?
Having been at a coin show this week-end (Bern, Switzerland), this is exactly my feeling. I've heard the same phrase at different sellers: "People are looking for gold". But price of coins with a numismatic value are definitively still at the bottom. IMHO, this is definitely a BUY signal. And yes, I do think too that a renaissance in coin collecting is coming. My guess is that numismatic interest is 2-5 years behind gold/silver prices. Another observation I did at this coin show: inexpensive & good quality Roman coins are beginning to be scarce.... But "Modern" coins (years 1500+) were available in good quantity & quality.

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