How come SAE numis have a high mintage?
 

You can get SAE's with a mintage of 400k that increase in price 10x, whereas a gold dragon, with a mintage of 8k, only rises x2 or 3. Why?

Re: How come SAE numis have a high mintage?
 

I can not answer that - but I CAN give you a thought about it.........

Perhaps its because there are millions of coin collectors collecting American coins, and they are silver - a lot more affordable..........gold is more expensive and less people MAY be collecting them.

But I have to mention - comparing silver eagles with gold dragons is like comparing a bike with a car!

Re: How come SAE numis have a high mintage?
 

Yeah, but you could buy stacks of monster green boxes and let them ride to numi heaven, but I agree that gold dragons are better.

Re: How come SAE numis have a high mintage?
 

Even with monster boxes it doesn't change what I said - there are millions of coin collectors collecting SILVER US Eagles and a lot less collecting GOLD dragons due to the price difference......and only a small percentage of SAE grade at MS 70, many will at MS69, but not necessarily all......it gets down to simple supply and demand.....more people looking for SAE than GDs!

Re: How come SAE numis have a high mintage?
 

So you think the gold dragon will reach 10x melt value?

Re: How come SAE numis have a high mintage?
 

Well, probably not - but you never know!

The only silver eagle thats close to that that I know of is the 1996 which had the smallest mintage..........or the 20th anniversary set.......in that the demand way overtook the supply...........

Re: How come SAE numis have a high mintage?
 

Maybe demand?

Re: How come SAE numis have a high mintage?
 

Strictly personal choice and demand....

A lot of foreign issues are very interesting, but frankly, the demand is very very weak.

You do not see them being pimped on TV by those "Dealers" many have very high initial cost.

In the end when you throw them in the pot, they melt just the same.