My ASE's, Maples, Bars etc...

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R

Renewed Investor

Fly on the Wall
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They always drop like rocks when the spot price drops. My Perth and RCM Wildlife coins however don't seem to budge, and actually go up in price despite spot price movements.

I think I will stick to limited mint coins - despite the higher premiums they just seem to be the best investments. I have coins from 2008 and 2009 going for $50+ despite the big drop last year.
 
IMO, this decision depends in large part on whether you think the petrodollar is headed for disaster or not (or whether you are holding for the long term or not). I would not expect numismatic premiums to survive when there is "blood in the streets" (™ Baron Rothschild) or should precious metals be remonetized.
 
I think the likelihood of an all out SHTF are pretty slim though. I see this as just another stage in the cycle.
 
Renewed Investor said:
I think the likelihood of an all out SHTF are pretty slim though. I see this as just another stage in the cycle.
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numismatic premiums are historically their greatest 6-12 months after the top. They will be finishing their topping process at the same times as the precious metal shares.
 
dereksatkinson said:
numismatic premiums are historically their greatest 6-12 months after the top. They will be finishing their topping process at the same times as the precious metal shares.
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Depends what you get. I have some Kookaburras that are going for $70 or more and they get bought up pretty quickly. They date back to 2009 and earlier.
 
This is why I recomend having a diverse collection of PM's.... both premium coins and generic. If SHTF you are prepared by having oz's stacked, and if not you can fetch a premium on the special issue coins if you decide to sell.

BTW, I do like the Perth Mint Kookaburas and Koala coins. When I see them at the LCS I usually pick them up.
 
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