Silver Coin Arbitrage

[Silver ScholarMember]

Hey fellas.  I wrote a blog post and was just looking for some feedback related to my thoughts on the downward effect a parabolic move will have on the premiums on limited edition coins.  Thanks in advance.

http://silverscholar.blogspot.com/2013/01/in-which-i-play-silver-coin-arbitrageur.html

[MammothMember]

@Silver Scholar, you need to fix something on your blog so that people can post there, otherwise they will visit once and never return.  I got to the ‘prove you are not a robot’ preview window and it would not permit me to post.

Here is the comment which I attempted to post:

 

As a cautionary note, we need to keep in mind the possibility of the diminishing returns from subsequent issues. Case in point – the Canadian Wolf – the first in the Wildlife Series of coins – fetches quite a bit more, on a percentage basis, than the Cougar & Antelope coins. Another example is the 5-oz America The Beautiful (ATB) coins, whose 2010 issue captured a lot of attention from collectors. I purchased a set of these and flipped them the very next day for twice what I paid for them. Now, the US Mint is having trouble selling even a smaller number of ATB’s than that first issue; people just are not interested in them.

So, buying a stack of the new ‘Freedom Girl’ coins and expecting these to double in value anytime soon may prove to be a frustrating lesson in chasing an investment. So I will stick with ‘Junk Silver’ and .gov mint coins in order to avoid becoming the owner of what are essentially 1-oz Silver rounds.

 

 

 

 

[MaryBMember]

Yup Mammoth, I buy mainly 90% US coins with dimes my favorite.

[MammothMember]

@MaryB, did you see that recent post I wrote, about having the opportunity to buy a large estate cache (over 60 oz melt wt. in AU) of Mercury Dimes at $30/0z?  I am trying to gather the ‘dry powder’ to make this buy happen, will keep you posted…

[Silver ScholarMember]

Ok thanks. Yes, a comment showed up so I think it’s working now.

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