I have read a lot of articles where they discuss the loss of value once metal is colored with artificial dyes. I am just a collector and I love the colored look on some of them, especially the Maple Leaf and the Silver Eagle.
Does anyone collect bullion to shed some light on this? Is it worth having a colored bullion as a collector or as an investor?
Colored silver bullion coins/rounds/bars/etc
Pubblicazioni di 52
» Accesso rapido all'ultima pubblicazione
Pubblicato:
#
Personally I hate them, but I don't think they will lose value, there are plenty of folks that love them and they will always have a market. Plus they will always fetch their bullion price. Just a side note: I have about 7 eagles and I got them all below spot.
If you like them, get them!
Never buy coins as an investment, treat them more like a hedge, or commodity.
For instance if you have $1000 worth of bullion US quarters and the US dollar collapses to hyper inflation, your bank account will be worthless, but your wealth will be somewhat protected by your silver.
And if you want to make a profit, its more like a commodity than a stock. Coin values go up and down and bullion REALLY goes up and down. Just look at the charts. Sell when its up, buy when its down.....
I'm not good at this, I sat right through the 2011 $49 an ounce, because I didn't want to sell my beloved coins. I regret that now, sitting at $16. I could have re-bought 3X my coins
I would have kept my favorites of course, but there were plenty I could have sold.
If you like them, get them!
Never buy coins as an investment, treat them more like a hedge, or commodity.
For instance if you have $1000 worth of bullion US quarters and the US dollar collapses to hyper inflation, your bank account will be worthless, but your wealth will be somewhat protected by your silver.
And if you want to make a profit, its more like a commodity than a stock. Coin values go up and down and bullion REALLY goes up and down. Just look at the charts. Sell when its up, buy when its down.....
I'm not good at this, I sat right through the 2011 $49 an ounce, because I didn't want to sell my beloved coins. I regret that now, sitting at $16. I could have re-bought 3X my coins
I would have kept my favorites of course, but there were plenty I could have sold.
Taking a break from swapping for a while, but still interested in pre 1799 Spanish coins, I will make time for that!
Looking for pre 1783 coins
Looking for pre 1783 coins
Pubblicato:
#
Here my only coin which is (officially) colourized. I bought it for the fun of it and knowing I will never see my money again.
Main Referee for Hutt-River
Pubblicato:
#
Cita: "druzhynets"My eyes bleed when I see all those coloured Maple Leafs and Silver Eagles.Eagles and Maples may be too pedestrian, but I truly love (and desire) this coloured coin, whose country I am referee for on Numista; https://en.numista.com/catalogue/pieces40855.html
It even has an amethyst set in the bottom.
Pubblicato:
#
Cita: "CassTaylor"
Cita: "druzhynets"My eyes bleed when I see all those coloured Maple Leafs and Silver Eagles.Eagles and Maples may be too pedestrian, but I truly love (and desire) this coloured coin, whose country I am referee for on Numista; https://en.numista.com/catalogue/pieces40855.html
It even has an amethyst set in the bottom.
I was always asking myself who are the people buying such an garbage. Now i know.
Must be really valueable with that amethyst inside. not.
Main Referee for Hutt-River
Pubblicato:
#
Cita: "CassTaylor"=1emEagles and Maples may be too pedestrian, but I truly love (and desire) this coloured coin, whose country I am referee for on Numista; https://en.numista.com/catalogue/pieces40855.htmlThis is a pretty awesome coin. Let me know if you find one...I would like to get it too.
It even has an amethyst set in the bottom.
I recently bought https://en.numista.com/catalogue/pieces115071.html from the RCM and it truly is a pretty cool coin to look at. Aside from that all my bullion rounds are non-colored. I do like some of the colored versions of the Austrian 1.5 Euro Vienna Philharmonic though; I have the 2008 regular version of it.
And what is Ruthenium? Is it a man-made metal of some type? I'm seeing a lot of Ruthenium-clad Eagles and Maple Leafs on eBay. They look pretty cool, but I'm not sure I want to dish out $80+ for them.
Pubblicato:
#
Cita: "Muenzenhamster"If you are not having any more fun with it, I can trade ya for something
Here my only coin which is (officially) colourized. I bought it for the fun of it and knowing I will never see my money again.
Pubblicato:
#
I only have only one; Masterpieces of Art, Lady Godiva ...
https://en.numista.com/catalogue/pieces117982.html
https://en.numista.com/catalogue/pieces117982.html
Token collector [1600-1899] with some coins
Pubblicato:
#
Cita: "manik100"hahah its my remindercoin not to order drunk or buy junk.
Cita: "Muenzenhamster"If you are not having any more fun with it, I can trade ya for something
Here my only coin which is (officially) colourized. I bought it for the fun of it and knowing I will never see my money again.
If you want to invest in ruthenium
https://shop.degussa-goldhandel.de/1-oz-degussa-rutheniumbarren
but they carry a huge premium.
The ruthenium covered coins are nonsense.
Main Referee for Hutt-River
Pubblicato:
#
Cita: "Muenzenhamster"hahah its my remindercoin not to order drunk or buy junk.Here's my reminder coin....
https://en.numista.com/catalogue/pieces81123.html
Never again.
It ain't what you don't know that gets you into trouble. It's what you know for sure, that just ain't so. Mark Twain
Pubblicato:
#
Cita: "ZacUK" I only have only one; Masterpieces of Art, Lady Godiva ...Not bad. Though looking at it gives me the feeling that I am looking through a window, seeing a naked woman horse riding.
https://en.numista.com/catalogue/pieces117982.html
Pubblicato:
#
I have only one colorized coin. It's part of my "coins with gimmicks" collection.
Canada -- 2015 25 dollars:
This coin also has glued-on bits of glass. In my gimmicks collection, it kills two birds with one stone .
Canada -- 2015 25 dollars:
This coin also has glued-on bits of glass. In my gimmicks collection, it kills two birds with one stone .
Pubblicato:
#
Cita: "Muenzenhamster"Sure, no need to pity me and my ruthenium covered, amethyst inset washers.
Cita: "CassTaylor"
Cita: "druzhynets"My eyes bleed when I see all those coloured Maple Leafs and Silver Eagles.Eagles and Maples may be too pedestrian, but I truly love (and desire) this coloured coin, whose country I am referee for on Numista; https://en.numista.com/catalogue/pieces40855.html
It even has an amethyst set in the bottom.
I was always asking myself who are the people buying such an garbage. Now i know.
Must be really valueable with that amethyst inside. not.
@ZacUK have you seen some of the rectangular 'painting' colourised coins added to the DRC recently? I thought it was a shame some of my more favourite paintings (Liberté guidant le peuple for example) weren't included.
Pubblicato:
#
No - have not seen them. Just had a look and some are nice - thanks.
Yes, I have some paintings I like that I wish were included too.
Such as Ophelia by John Everett Millais.
I only have one coloured DRC coin ...
https://en.numista.com/catalogue/pieces55425.html
Yes, I have some paintings I like that I wish were included too.
Such as Ophelia by John Everett Millais.
I only have one coloured DRC coin ...
https://en.numista.com/catalogue/pieces55425.html
Token collector [1600-1899] with some coins
Pubblicato:
#
Cita: "CassTaylor"Sure, no need to pity me and my ruthenium covered, amethyst inset washers.https://twitter.com/kennyLebon/status/956481551621066753
Can we see you in this video?
Main Referee for Hutt-River
Pubblicato:
#
Cita: "Muenzenhamster"How much did you pay for it? The issue price was 48.95 €, now they are sold for up to 75 €. Who says you'll never see your money again. Whether you like it or not there is a big market for these kind of coins, even when a lot of people don't like them at all.
Here my only coin which is (officially) colourized. I bought it for the fun of it and knowing I will never see my money again.
Pubblicato:
#
Cita: "Essor Prof"Yeah, whoever decided which paintings to use did not do a satisfactory job IMO.
Cita: "CassTaylor"@ZacUK have you seen some of the rectangular 'painting' colourised coins added to the DRC recently? I thought it was a shame some of my more favourite paintings (Liberté guidant le peuple for example) weren't included.
Are you sure your favourite paintings are not included? The DRC painting series consists of 24 coins.
Edit: you are right. I just checked my coins and that painting is not included in the series.
Some other nominees from me would be stuff like Picasso's Guernica, Dali's The Persistence of Memory, and Kahlo's 'What the Water Gave Me', although they're probably too modern (1930s) to be compatible wth the pre-Expressionist paintings depicted in the rest of that series.
By the way, if you do have the rest of the series please do add them to the catalogue, I would be happy to verify them!
Pubblicato:
#
Cita: "Essor Prof"I have all 24 of them, but I still have to add thousands of coins. And a lot of members don't like the coloured ones so these will be the last to add.It's a shame that some members remain incorrigible in their opinionated obstinacy over coloured 'novelty garbage' coins, but I'll not let that get in the way of these lovely tributes to art's entering the catalogue!
Essor Prof, if you send me via PM pictures of each coin I will add them for you, deal?
Pubblicato:
#
Cita: "CassTaylor"It's a shame that some members remain incorrigible in their opinionated obstinacy over coloured 'novelty garbage' coins, but I'll not let that get in the way of these lovely tributes to art's entering the catalogue!
Essor Prof, if you send me via PM pictures of each coin I will add them for you, deal?
Maybe because collectors can differentiate between real art and garbage? A mona lisa on a african warlordistan coin is not mona lisa.
Main Referee for Hutt-River
Pubblicato:
#
Cita: "redsmithstudios"Actually, the two of your opinions do have crucial differences that mean I would respect one (redsmith's) and not the other, as evidenced by the highlighted part
Cita: "Muenzenhamster"Whoa! We agree 100% on something!
Maybe because collectors can differentiate between real art and garbage? A mona lisa on a african warlordistan coin is not mona lisa.
But still, if someone wants to collect them for fun, then I think they should, and if they are worried about resale value, there will always be a market. That was the original question, my opinion on painted “coins” (tokens) has no value, and I respect someone’s desire to collect them.
PS some of them are nice
Pubblicato:
#
Cita: "Muenzenhamster"I checked my collection. I have even more _officially_ coloured coins. Bought a couple for 10 Euro and now they sell for 100. Completely stupid.That's a pretty awesome coin. And 2 for €10 makes it even more awesomer. I do like colored coins (silver or not), but I can't justify spending $70/80 on them, when I can get the regular versions for much less.
https://en.numista.com/catalogue/pieces94216.html
The best part is, they don't even contain silver! If I had known that worthless washers skyrocket like that I would have got more off course.
Next time you come across such a deal, do let me know...I can shell out $20/30 for a lot of these kinda coins, and hopefully sell them for a 100
Pubblicato:
#
My only advice is, coloured coins are no investment, be carefull about milkspots and keep far away from peculiar countries like Nieu, Cook Island etc.
Main Referee for Hutt-River
Pubblicato:
#
Cita: "Muenzenhamster"what are milkspots?
My only advice is, coloured coins are no investment, be carefull about milkspots and keep far away from peculiar countries like Nieu, Cook Island etc.
Pubblicato:
#
I stand corrected...I just noticed 3 very tiny milk spots on my 2013 American Eagle
Pubblicato:
#
Nothing to worry.
An ounce is an ounce is an ounce.
But it would have been really a shame if you had spent big money for some high premium limited mintage ngc 70 graded maple leaf. Isnt it?
An ounce is an ounce is an ounce.
But it would have been really a shame if you had spent big money for some high premium limited mintage ngc 70 graded maple leaf. Isnt it?
Main Referee for Hutt-River
Pubblicato:
#
Like that guy mentioned, nobody knows how they develop and they only occur after some time.
RCM says literally "f**k you" to that problem.
RCM says literally "f**k you" to that problem.
Main Referee for Hutt-River
Idolenz
Referente catalogo
Iscritto: 13 Lug 2013
Pubblicazioni: 9567
Pubblicazioni: 9567
Pubblicato: 29 Gen 2018, 21:26
#
Pubblicato:
#
Until now I only had a nasty big milkspot on my Austrian Vienna Philharmonic from 2017 the Canadian was spared.
I wanted to stay away from the colored stuff but when I had a little too much to drink and saw one for a good price I bought it and when I start a set... at the moment I own 10
I wanted to stay away from the colored stuff but when I had a little too much to drink and saw one for a good price I bought it and when I start a set... at the moment I own 10
Pubblicato:
#
Cita: "Muenzenhamster"Absolutely! Fortunately I don't usually buy graded stuff, primarily because I can't afford it. I did buy a NGC graded Libertad a few years ago for around $200, but I doubt I would get anything back if I was to resell it. It does have a very beautiful tone to it though.
But it would have been really a shame if you had spent big money for some high premium limited mintage ngc 70 graded maple leaf. Isnt it?
Pubblicato:
#
Cita: "Idolenz"Until now I only had a nasty big milkspot on my Austrian Vienna Philharmonic from 2017 the Canadian was spared.I like 'em. Where do you buy these from? If they are cheap enough maybe I would start a set too.
I wanted to stay away from the colored stuff but when I had a little too much to drink and saw one for a good price I bought it and when I start a set... at the moment I own 10
Pubblicato:
#
During the 19th century there was a huge appetite for enameled coins and while recognizing that they were strictly speaking damaged coins, I bought them at every opportunity, usually for little more than the cost of the silver content. Here's a couple of examples -
Once very common, they have all but disappeared now, I suspect most were melted during the 70s and 00s silver booms. I wish I'd kept mine. While I like them very much, they never made it into my coin albums. I considered them to be folk art, not numismatic items.
Similarly it's hard not to grudgingly admit that the widely ridiculed RCM has produced some very fine examples of the engraver's art. Who couldn't love this dark beauty?
Is it a legitimate coin though? It may look like one but as you can't spend it then it fails to meet the definition. The cardboard police cruisers propped up in accident black spots to deter speeding motorists may look exactly like regular police cars but you would look very silly trying to drive one. The RCM may release a scale model of the USS Enterprise and designate it a coin but that doesn't make it so. (slick Picard reference!) I could designate my garage door a "coin" and demand that everyone else respect my choice. It works for 57 imaginary genders so why not pseudo coins?
If you like them then go ahead and collect them. Contrary to the usual straw man argument, nobody is preventing you from doing so. As stated above, I've previously collected such things myself in the past and if they were still widely available, I'd probably do so again. But don't be fooled by the slick marketing, at the end of the day what you will have is a collection of nicely engraved colorized metal, not a coin collection.
Neither do I buy into the argument that this gimcrackery (yeah I think it's a real word) attracts new, young collectors. It's just not true. I would argue that for every new collector they inspire, another one gives up in frustration. Also you can only apply that argument to the coins released into circulation, the price tag on the collectors only issues puts them way outside of the reach of any ten year old. As the colorized quarters are intended to circulate and do so, then they can be considered legitimate coins in the same way as the UK 50p or US state quarters. Often tacky and certainly overproduced, I don't care much for them personally but have no difficulty in accepting them as real coins. These are the coins that may bring in new blood, not the $100 special proof collectors XXX RARE limited editions, so there goes that argument, eh?
I'd explain more but I have to go and take some pictures of my very beautiful cats and post them in dog breeding forums with a demand that they recognize them as legitimate dogs. They have fur, four legs and a tail so I'm on firmer ground than the USS Enterprise "coin".
Once very common, they have all but disappeared now, I suspect most were melted during the 70s and 00s silver booms. I wish I'd kept mine. While I like them very much, they never made it into my coin albums. I considered them to be folk art, not numismatic items.
Similarly it's hard not to grudgingly admit that the widely ridiculed RCM has produced some very fine examples of the engraver's art. Who couldn't love this dark beauty?
Is it a legitimate coin though? It may look like one but as you can't spend it then it fails to meet the definition. The cardboard police cruisers propped up in accident black spots to deter speeding motorists may look exactly like regular police cars but you would look very silly trying to drive one. The RCM may release a scale model of the USS Enterprise and designate it a coin but that doesn't make it so. (slick Picard reference!) I could designate my garage door a "coin" and demand that everyone else respect my choice. It works for 57 imaginary genders so why not pseudo coins?
If you like them then go ahead and collect them. Contrary to the usual straw man argument, nobody is preventing you from doing so. As stated above, I've previously collected such things myself in the past and if they were still widely available, I'd probably do so again. But don't be fooled by the slick marketing, at the end of the day what you will have is a collection of nicely engraved colorized metal, not a coin collection.
Neither do I buy into the argument that this gimcrackery (yeah I think it's a real word) attracts new, young collectors. It's just not true. I would argue that for every new collector they inspire, another one gives up in frustration. Also you can only apply that argument to the coins released into circulation, the price tag on the collectors only issues puts them way outside of the reach of any ten year old. As the colorized quarters are intended to circulate and do so, then they can be considered legitimate coins in the same way as the UK 50p or US state quarters. Often tacky and certainly overproduced, I don't care much for them personally but have no difficulty in accepting them as real coins. These are the coins that may bring in new blood, not the $100 special proof collectors XXX RARE limited editions, so there goes that argument, eh?
I'd explain more but I have to go and take some pictures of my very beautiful cats and post them in dog breeding forums with a demand that they recognize them as legitimate dogs. They have fur, four legs and a tail so I'm on firmer ground than the USS Enterprise "coin".
Non illegitimis carborundum est. Excellent advice for all coins.
Make Numismatics Great Again!
Make Numismatics Great Again!
Pubblicato:
#
Cita: "pnightingale"Neither do I buy into the argument that this gimcrackery (yeah I think it's a real word) attracts new, young collectors. It's just not true. I would argue that for every new collector they inspire, another one gives up in frustration. Also you can only apply that argument to the coins released into circulation, the price tag on the collectors only issues puts them way outside of the reach of any ten year old. As the colorized quarters are intended to circulate and do so, then they can be considered legitimate coins in the same way as the UK 50p or US state quarters. Often tacky and certainly overproduced, I don't care much for them personally but have no difficulty in accepting them as real coins. These are the coins that may bring in new blood, not the $100 special proof collectors XXX RARE limited editions, so there goes that argument, eh?I don't ever think I've met a collector who's given up on their collection in frustration purely because of the new coloured issues... I mean, not collect them, sure; sigh at the folly of the RCM, sure; but actually quit their hobby that they enjoy because of the mere existence of coins that no one is forcing them to collect? I don't think so.
Those enamelled coins are gorgeous, I'm pretty sure a lot were used as brooches and jewellery, like this:
Pubblicato:
#
Cita: "pnightingale"I just can't resist them. Some of them are quite shocking, for example a full set of coat buttons made from Oregon 1/2 dollars. Seems like a crime but I will have a rather unique reefer jacket once I can persuade my wife to get her sewing machine out. I'll post some pictures later if you are interested in seeing the highlights..I'm definitely interested
Pubblicato:
#
Cita: "manik100"I need to spend an afternoon taking photos for various people so I'll dig out the coin jewelry and include those too. At least the more interesting ones, I don't reckon anyone would be interested in seeing the box full of broken groat bracelets, key/watch fobs and odd buttons that maybe one day I'll get around to matching up and repairing.
Cita: "pnightingale"I just can't resist them. Some of them are quite shocking, for example a full set of coat buttons made from Oregon 1/2 dollars. Seems like a crime but I will have a rather unique reefer jacket once I can persuade my wife to get her sewing machine out. I'll post some pictures later if you are interested in seeing the highlights..I'm definitely interested
I have also a quite sizeable collection of coins sealed in Lucite, paperweights mostly but also a few odd things like letter openers. The item I really want is in the possession of a lady at the local fleamarket - an 18 inch Lucite cube with hundreds of BU cents from the 1950s in a random cascade. It's one of the most beautiful things I've ever seen, catching the light from any angle. I've been trying to talk her out of it for years with no success.
Non illegitimis carborundum est. Excellent advice for all coins.
Make Numismatics Great Again!
Make Numismatics Great Again!
Il fuso orario utilizzato è UTC+2:00.
L'ora attuale è 13:57.