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 Silver Bullion, Gold, & other Bullion Metals
 America the Beautiful 5 oz Silver Bullion Coins
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ScottyTX
Penny Hoarding Member


USA
508 Posts

Posted - 05/24/2010 :  20:23:27  Show Profile Send ScottyTX a Private Message
Has anyone posted anything about these yet? I just stumbled upon these buggers today while surfing the net. I going to guess these might be hard to come by when they first come out (sometime this summer?). I'm thinking there will be possible resale oppertunities and such. Here's some info. Just might arrive just in time for the summer dip?!?

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Neckro
1000+ Penny Miser Member



Saudi Arabia
2080 Posts

Posted - 05/24/2010 :  20:32:26  Show Profile  Send Neckro an AOL message  Click to see Neckro's MSN Messenger address  Send Neckro a Yahoo! Message Send Neckro a Private Message
If there isn't too much premium. I'd buy them.

Trolling is an art.
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Copper Catcher
Administrator



USA
2092 Posts

Posted - 05/24/2010 :  20:33:14  Show Profile Send Copper Catcher a Private Message
Where are they going to get the silver from? They have to buy it on the open market, the US mint has none, right? If they can't produce the 1 oz American Eagle with the demand how can they produce a 5oz coin?

Also, what are they going to charge, spot plus 150% mark up? UGH!!!
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zerocd
Penny Hoarding Member



555 Posts

Posted - 05/24/2010 :  20:52:14  Show Profile Send zerocd a Private Message
I think they will be a poor investment as are many mint products.

I still would like one of each. Items like this lose their premium as time passes.

Five ouncers would be great fun to play with though!

Sigh, silver addiction.

0CD
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ScottyTX
Penny Hoarding Member



USA
508 Posts

Posted - 05/24/2010 :  21:27:25  Show Profile Send ScottyTX a Private Message
It looks like they will be realeasing these just the same as BU silver eagles, so no buying strait from the mint. Guess that means two other companies get to charge a mark up before its gets to the public, yipee. Would be nice if these only went for 1-2.00 bucks over spot per ounce.

Scott

Edited by - ScottyTX on 05/24/2010 21:27:54
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beauanderos
1000+ Penny Miser Member



USA
2408 Posts

Posted - 05/24/2010 :  22:47:43  Show Profile Send beauanderos a Private Message
If I had some play money, it would be sweet to own a set of these... but they are strictly collectibles

Hoard now and hold on!

http://coppermillions.blogspot.com/
http://wherewillyoubein2012.blogspot.com/
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