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Ardent Listener
Administrator
USA
4841 Posts |
 Posted - 04/29/2010 : 04:31:40
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Poll Question:
Which coin do you feel is the better monetary silver bullion coin, the five dollar one ounce Canadian Maple or the one dollar one ounce American Silver Eagle?
Please vote in the poll and if you are a member please post why you picked the coin you did.
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Think positive. |
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wheeler_dealer
Penny Collector Member
USA
402 Posts |
Posted - 04/29/2010 : 07:39:18
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| The ASE IMO is a better monetary currency as it is more widely recognized nationally and internationally. With the current monetary issues and deficit problems we are having it continues to maintain it's desirability and value. It offers simple convenient convertability and appreciation opportunities. |
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cptindy
Penny Hoarding Member
572 Posts |
Posted - 04/29/2010 : 07:39:31
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I like the ASE as a monetary coin, which is my vote.
I think the Maple is also a beautiful coin.
Difficult choice!
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"It is the nature of the human species to reject what is true but unpleasant and to embrace what is obviously false but comforting"
" The average man doesn't want to be free. He wants to be safe."
H.L. Mencken
http://silver-news-today.com/ |
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IdahoCopper
Penny Pincher Member
125 Posts |
Posted - 04/29/2010 : 08:09:13
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ASE, only because its marked $1, and not $5.
That makes it a "silver dollar" in my mind, even if that isn't particularly correct. |
See - http://IdahoCopper.com
and:
http://beefjerky.com |
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natsb88
Administrator
USA
1850 Posts |
Posted - 04/29/2010 : 08:18:48
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I may be an atypical American, but the Maple has a higher face value, and as I understand it, the Canadian dollar has significantly less toxic debt baggage to support.
In either case, I fail to see why government-made bullion is so often placed on a pedestal, when we spend so much time complaining about how the government can't do anything right. Why pay more for metal stamped by an institution so many of us claim to fundamentally distrust? I do have a few Maples and Eagles, but only because they happened to be the better deal at the time; I tend to prefer private mints. |
Nate
The Copper Cave
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Ardent Listener
Administrator
USA
4841 Posts |
Posted - 04/29/2010 : 08:30:18
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| I tend to lean towards the Maple. As already said, the Maple is a good looking coin, it has a much higher face value, it is well respected as for purity and from what I have seen a lower asking premium for them. Face value may not mean much to some, but IMO it doesn't hurt to have it. |
Realcent.forumco.com disclosure. Please read.
All posts either by the members, moderators, and the administration of http://realcent.forumco.com are for your edification and amusement only. It is not the intent of realcent.forumco.com or its host to provide investment, medical, matrimonial, legal, security or tax advice and nothing posted here should be considered to be so. All rights reserved.
Think positive. |
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coppernickel
Penny Pincher Member
USA
131 Posts |
Posted - 04/29/2010 : 10:35:26
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I voted Maple Leaf. 1 oz = $5.
In reality I own twice as many Eagles as Maple Leaves. |
Silver Monometalism is the most permanent and stable form of money the world has seen. Natural law and history prove silver value is best multiplied by gold and best divided by copper. It is only in this counterfeit currency time when the natural law appears suspended. |
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Bluegill
1000+ Penny Miser Member
USA
1964 Posts |
Posted - 04/29/2010 : 12:09:41
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I have to mostly agree with Nate. The only difference is I prefer foreign Ag coins to private bullion. Internationally, the ASE has no advantage over the ML, or Philharmonic. All else being equal, why not have the one with the highest FV, which is also the most currently stable currency... Just in case... 
I don't do premiums for Ag, so my Ag holdings are not based on any of them. I do have a couple of each just because I do like them. If I were, it would be which ever had the lowest premium.
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jadedragon
Administrator
Canada
3788 Posts |
Posted - 04/29/2010 : 14:06:21
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| +1 to Bluegill. ASEs only have a perceived benefit in the USA and only because the average American rarely thinks outside the USA unless some big natural disaster occurs. As a kid I remember reading Mint advertising that stated the $5 face was a failsafe limit to the downside. I would think getting anyone to accept it for $5 worth of groceries would not be much of a problem. I'd rather have $5 as my floor than $1. Plus the Maple Leaf is just awesome looking :) |
The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man. George Bernard Shaw.
Why Copper Bullion ~~~ Interview with Silver Bullion Producer Market Harmony
Passive Income blog |
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oober
1000+ Penny Miser Member
USA
1304 Posts |
Posted - 04/29/2010 : 16:17:49
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I have both and the Maple has more downside protection, so the Maple.
The Leaf is amazing on this coin BTW. |
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Neckro
1000+ Penny Miser Member
Saudi Arabia
2080 Posts |
Posted - 04/29/2010 : 16:22:57
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| Maple, simply because of the FV. |
Trolling is an art. |
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Nacinator
Penny Sorter Member
28 Posts |
Posted - 04/29/2010 : 16:52:16
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ASE for the design
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El Dee
Penny Hoarding Member
USA
547 Posts |
Posted - 04/29/2010 : 17:25:00
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quote:
Originally posted by natsb88
In either case, I fail to see why government-made bullion is so often placed on a pedestal, when we spend so much time complaining about how the government can't do anything right. Why pay more for metal stamped by an institution so many of us claim to fundamentally distrust?
Because it's an assayed chunk of metal.
The product I trust. The business model is irrelevant.
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Trust the government? Ask an Indian. |
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natsb88
Administrator
USA
1850 Posts |
Posted - 04/29/2010 : 18:10:05
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quote:
Originally posted by El Dee
quote:
Originally posted by natsb88
In either case, I fail to see why government-made bullion is so often placed on a pedestal, when we spend so much time complaining about how the government can't do anything right. Why pay more for metal stamped by an institution so many of us claim to fundamentally distrust?
Because it's an assayed chunk of metal.
The product I trust. The business model is irrelevant.
Rounds from private mints are also assayed chunks of metal, and their business models generally allow for those assayed chunks of metal to be sold for less. |
Nate
The Copper Cave
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Country
1000+ Penny Miser Member
USA
3121 Posts |
Posted - 04/29/2010 : 18:18:51
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| ASE - Standard, unchanging recognized design. |
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The things that will destroy America are prosperity-at-any-price, peace-at-any-price, safety-first instead of duty-first, the love of soft living, and the get-rich-quick theory of life.
Theodore Roosevelt
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metalmoney.ca
Penny Pincher Member
Canada
223 Posts |
Posted - 04/29/2010 : 18:55:09
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I put myself in the position of a fishmonger who has lost faith in all things fiat.
I have one fish left, and 2 customers wanting it, one with a maple, one with an ASE.
Without seeing the product, I would choose the ASE. why? COPPER.
If these are to be used as monetary metals, then they will wear. I want the longer lasting option. (0.07% i believe)
If i was offered payment with a good condition 9999 maple however, I would take that in a heartbeat and throw it in my vault.
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metal is a claim on future human labour. let's all go get some while the getting is good, eh? |
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Oldpagan
Penny Sorter Member
USA
62 Posts |
Posted - 04/29/2010 : 20:37:59
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I voted for the ASE, but really they are both as good as the other. The only drawback the Maples have is they tend to get a milky look when stored over time. But... I like em both!
Oldpagan |
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twocents
Penny Collector Member
398 Posts |
Posted - 04/29/2010 : 21:54:58
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| Maples. Better nominal value. Better metal. Better economic foundation. Ben Bernacke is still trying to figure out how to print ASEs. |
Just my two cents! |
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beauanderos
1000+ Penny Miser Member
USA
2408 Posts |
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wildjo
Penny Sorter Member
USA
28 Posts |
Posted - 04/30/2010 : 18:52:12
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| ASE. I like the design more than the maple. And while a think the Canadian economy has the potential to last longer than the U.S., until such time as TSHTF, I think U.S. law to thwart potential counterfeiting is superior. I feel pretty safe that when I buy an ASE I'm getting a real coin, or, if I don't, that I know how to get the issue addressed. Wouldn't know where to start in Canada. |
Life is more than getting from point A to point B. |
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rosco
Penny Collector Member
USA
254 Posts |
Posted - 05/01/2010 : 13:25:33
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Have more ASE but think maple is pretty Need more of both!
Might have to go back to work |
Old Geezer a HAND Sorter |
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Sovereigns
New Member
15 Posts |
Posted - 05/03/2010 : 06:22:32
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| The American Silver Eagle would be my selection. We mainly buy 1oz Silver Britannia's here in the UK as they are easily recognized and so easier to sell on, although the premium is slightly higher. When buying gold we always buy Gold Sovereigns for the same reason. I imagine buying Silver or Gold Eagles would be the best bet if you live in the states. |
Gold Sovereigns |
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mister_pennyweather
New Member
16 Posts |
Posted - 05/03/2010 : 16:38:23
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Many more Americans are familiar with the ASE- mostly because of the magazine advertisements for them.
Thanks to the Boys from Beaumont Tx |
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Nickelmeister
Penny Hoarding Member
Canada
588 Posts |
Posted - 05/03/2010 : 17:25:38
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| Interesting how most people are commenting ASE, but the poll is in favour of SML. |
www.WinnipegGoldBuyer.com
Standing offer for sale of quality, second-hand solid gold jewellery:
<$100 USD worth - spot +25%, plus actual shipping
$101-500 worth - spot +20%, plus actual shipping
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Maples or ASEs?
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