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Lemon Thrower
1000+ Penny Miser Member
USA
1588 Posts |
 Posted - 09/16/2008 : 06:13:07
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Tulving has Vancouver Olympic silver Maples for $2.79 over spot with only a 200 coin min. in contrast, eagles are sold out and regular maples sell at 3.99 over spot. Why do folks seem to be avoiding these?
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Buying:
Peace/Morgan G+ at $15.00
copper cents at 1.3X
wheat pennies at 3X
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horgad
1000+ Penny Miser Member
USA
1641 Posts |
Posted - 09/16/2008 : 07:18:51
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| Modern olympic coins are just not that popular and I think that a lot of people feel that their premium will either stay flat or go down in the future. |
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Lemon Thrower
1000+ Penny Miser Member
USA
1588 Posts |
Posted - 09/16/2008 : 07:47:55
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| that explains the modest premium and their availability. but shouldn't they command at least the same premium as a regular maple leaf coin? isn't the metal content the same? |
Buying:
Peace/Morgan G+ at $15.00
copper cents at 1.3X
wheat pennies at 3X
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jadedragon
Administrator
Canada
3788 Posts |
Posted - 09/16/2008 : 11:14:05
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| The Olympics coins are exactly the same content as the regular issue Maples. Vancouver dealers want an extra buck for the olympics coins. They had a much bigger premium on ebay last time I checked. They are nice looking coins, and I bought a bunch because the dealer was out of the regular ones (and pretty much everything else). They are fine to own, but unless you are going to flip them on ebay for a profit now or in 2010 around the Olympics time, don't expect to get a big collector gain. |
“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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kavajava
Penny Collector Member
USA
490 Posts |
Posted - 09/16/2008 : 13:14:14
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| I was wondering the same thing--APMEX was selling them for close to $30...they go for a lot on ebay--they are silver and they are Maples--if I had the money to buy 200 I would already have gotten them from Tulving--it is the best deal around now for gvt issued silver--but I am surprised that they have not sold out yet...maybe it has to do with the fact that they are in the old style plastic sheets and not tubes??? I would have expected that they do command the same premium at least, as regular Maples...if you have the cash, I say go for it! |
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horgad
1000+ Penny Miser Member
USA
1641 Posts |
Posted - 09/16/2008 : 19:49:36
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| Tulving is sold out now. He is getting stuff in, but everything silver is selling out in a few days... |
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Nickelmeister
Penny Hoarding Member
Canada
588 Posts |
Posted - 09/16/2008 : 23:29:23
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I found a great trove of Olympic Maples at a local dealer.
He is selling them at the same premium as "regular" ones. |
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
$501-1,000 worth - spot +15%, plus actual shipping
$1,001+ worth - spot +10%, plus actual shipping |
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jadedragon
Administrator
Canada
3788 Posts |
Posted - 09/16/2008 : 23:34:42
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| Brand new 2008 Maples are available in both tubes and plastic sheets. Plastic sheets for 10 a time (or cut the sheets down) or tubes for 25 coins. All the Olympic ones I've seen are in the plastic sheets but I did not ask for a tube of them. I think ASE's come in 20 count tubes (correct me if I'm wrong-I don't own a tube of ASE's yet), so remember the differance if you want to buy by the tube. |
“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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Nickelmeister
Penny Hoarding Member
Canada
588 Posts |
Posted - 09/17/2008 : 00:02:36
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| Or you can buy a "box" of 200 (20 sheets of 10 coins). That works well too! :) |
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
$501-1,000 worth - spot +15%, plus actual shipping
$1,001+ worth - spot +10%, plus actual shipping |
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What are your thoughts re Olympic Maples?
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