wilspeak

On 22/09/2021 at 04:30, dicker said:

Just to add I just got this mail from the RCM!

 

Thank you for contacting the Royal Canadian Mint.

 

Unfortunately, at the present time, we do not have any information on when or if this specific product will become available. We recommend you visit our website on a regular basis atwww.mint.ca to view our new releases.

 

For further inquiries, please do not hesitate to contact us at www.mint.ca/contactus or by phone at 1-800-267-1871 (Canada). Our hours of operation are 8 am to 7 pm (Monday to Friday) EST. Your interest in our products is appreciated.

 

 

 

 

320 SUSSEX DRIVE 

OTTAWA ON  K1A 0G8

Thank You I brought 2 of the werewolves 

2 hours ago, stefffana said:

Silver is very easy to liquidate. With platinum is different. The market is limited and on second hand market you will not find a buyer willing to pay more than 20% premium to recover the VAT and premium you have paid.

Silver is easy to sell quick on secondary market. If is 925 at spot + 0-10%, if is 999 at spot + 35-40% regular bullion.

Regards,

Stefan.

Thank You

3 hours ago, Rll1288 said:

diversify across all three really with weighting towards Gold (for me anyways) although i do think platinum undervalued and may get hit due to move away from Cat converters etc. Still the rarest out of the three PMs and harder to mine and create with 🙂

Thank You

2 hours ago, Pete said:

You are fortunate in not having to pay 20% tax in buying both silver and platinum like us Brits.

Depending on why you are stacking and how much you are planning to invest will govern which metals you choose and in which proportions.

If investing a significant amount in silver you will quickly find out that storage can become an issue and also maintaining your inventory if primarily in mixed single ounce coins.
When is comes time to sell ( if you plan to sell later ) trickling lots of small orders will be very time consuming but if retired perhaps a nice hobby.
Selling in bulk means generally to a bullion dealer so you will be lucky to receive spot price on the day.

Platinum was once higher priced than gold and all the fundamentals and logic suggest that it still should be.
However it is significantly cheaper than gold so is it cheap or is gold over-valued ?
The markets dictate prices, demand, and fat cat bankers manipulation so who can tell the direction of prices ?

Silver would appear to have more upside potential but people have been saying that for a long time.
Premiums on many silver coins right now are way over the top.
If gold drops significantly it could take a long time to recover.
Platinum seems cheap by comparison if you can find a seller that isn't adding a high premium.

I would also only ever value bullion metals at spot price, ignoring premiums, so if you can sell later above spot then that's a bonus.
If you have to pay a higher than average premium to acquire your coins / bars then don't assume that premiums are guaranteed and are likely to be dented with selling fees etc.

Back to how much ?
If spending a few thousand dollars, probably silver or gold coins.
If spending $50,000 then I would be tempted to split 3 ways - gold, silver and platinum.
Once you have your weight in silver ounces then add gold and platinum each time there is a sizeable dip in price.
Gold is very easy to sell but platinum doesn't always get the same percentage of spot as gold.

 

 

Thank You so much for the information

41 minutes ago, KevinFlynn said:

In my eyes both are similar in that they are more speculative in character (as opposed to gold). Platinum more so than silver, because I'm not sure if it will ever recover, while silver is somewhat stable (volatile but stable).

If I needed to choose I would choose silver over platinum, but stack a little platinum for diversification. As it is I would only stack these on the side, because of VAT (where I live).

I stack some Platinum, however I do stack more Silver and Gold than Platinum. Thank You

5 hours ago, StackemHigh said:

I'd favor the Pt. Can't build  a nice Pt stack without getting any!

You are Right.  I choose the PT because of something similar of what you mentioned and silver spot prices have not been moving upwardly in a while , also I have a lot of silver and not enough PT

3 hours ago, Liam84 said:

Does the platinum have an equal place in your stacking strategy as the other metals? Not necessarily in volume but in it's purpose? It operates in a different market to silver and gold (it has similarities to silver in that it responds directly to industrial demand, although generally for different industries) and has some high premiums attached to fractional pieces (at least it does in the UK, and that's before the VAT we have to put up with is added which is admittedly something you don't need to worry about). 

I'm not poo-pooing the idea of holding it by any means, but would be wary of buying it in place of gold as a financial hedge but then I suppose you could say the same about silver to some degree. All that said I have read a few things from folk who seem to know their onions that say there should be a huge upward movement for platinum in the not so distant future, so what do I know 🤣

A blow hard answer to a simple question...

From the two options, for the sake of forum fun, I vote silver. It's your spondulux though bud, so enjoy swapping it for shiny stuff whatever the choice.

Thank You I still have not made my final decision. I have a pretty nice silver stack and I am looking to grow my gold and platinum stack. That said its all a investment/hobby for me 

These are my 2 investment pieces 

 LawrenceChard , You made a good point >> "I do believe people should be aware that they are not a mint, and not owned by the New Zealand government." Because I did think the NZM was a Government Mint. Thank You for informing me of that fact that the NZM is not govt owned and operated. This is the  first silver  coin in the Star Wars faces of the Empire series has arrived to join my silver and gold stack. I do think the box could be of better quality  

I just rather buy 999s fine gold than any other

On 15/08/2021 at 18:31, LawrenceChard said:

I wasn't asking because I wanted information. For that I would have Googled it in half the time.

I asked because I wanted to draw the OP's attention to thier status. See my post from 3 hours before yours: 

🙂

I havent heard anything negative about the NZ Mint, what are the alarm bells about?. My order came today , but I wasnt home. As soon as I get the coin Im going to post a picture of it here. 

 

6 hours ago, LawrenceChard said:

Do you happen to know where the "New Zealand Mint" is located?

... or anything about its production facilities?

The New Zealand Mint is a privately owned mint based in Auckland, New Zealand that has been operating for over 50 years. Although privately owned, the New Zealand Mint is the only precious metals mint in the country. It is also one of the first world mints to accept the high quality.9999 gold purity standard for its gold coins.

On 11/08/2021 at 04:32, Alex944 said:

It started as a partial investment.  It's only been since 3 years or so ago. Missus and I decided to start saving up for a house deposit and putting some money in stocks and crypto, I also wanted to take a punt on putting some money in gold at the time. Bought a 1oz gold bar and I remember being very disappointed about the size of it 😅. However, that golden hue really attracted me. It wasn't long after that that I decided to buy a couple of silver coins, you know, so it didn't cost me an arm and a leg. One of the EU dealers had a scheme where you could store your purchases for 6 months before shipping so I bought 2-5 silver coins a month with some spare change.

When I got these coins, I was definitely hooked. My missus was a bit skeptical at first but she now has the run of 2018-2021 silver dragons from the Perth mint on her home desk and is very protective of them 😂. I'm lucky that she supports me in this.

All in all, it has turned into more of a hobby than an investment, though I do consider it a strong investment for long term wealth protection. Some people's hobbies are money pits that only cost you, but at least with this hobby I'll be able to pull out some of my finances (if I so wish) AND I get nice and shiny things.

Exactly  I couldn't have said it better  " Some people's hobbies are money pits that only cost you, but at least with this hobby I'll be able to pull out some of my finances (if I so wish) AND I get nice and shiny things."

Since I missed the Queens Beast series. I now want to get into this series.  The New series the "Star War Faces of the Empire Collection" by the New Zealand Mint.  What are your thoughts about this new series?

14 hours ago, ak74 said:

That's it.

2021 2 oz Silver Canadian Creatures of the North Coin - The Werewolf

https://www.bgasc.com/product/2021-2-oz-silver-canadian-creatures-of-the-north-coin-werewolf/canadian-silver-coins-maple-leafs-more

Wow Thank You....  This coin is going to Blow Up !!!  I am definitely going to get this one. I wonder why the other online dealers have not posted this coin yet. 

On 08/08/2021 at 09:11, johnnyhann said:

Received my order today from LPM. Everything from the coin itself to packaging and certificate looks top-notch - can't wait for the next release in the series!

Also, looks like LPM will be doing a Street Fighter 2 30th Anniversary series (separate from this Mini Fighter series). So far not much detail except for four potential designs from them (https://www.lpm.hk/en/promotional/street-fighter-ii-30th-anniversary.html)

I jumped in on this new series NEW Star Wars Faces of the Empire coin collection  .. >>>>  New Zealand Mint (@newzealandmint) • Instagram photos and videos

I jumped in on this new series NEW Star Wars Faces of the Empire coin collection  .. >>>>  New Zealand Mint (@newzealandmint) • Instagram photos and videos

On 02/08/2021 at 05:15, TechSilver said:

Started of as an alternative investment after the 2008 financial crash, but has morphed into a hobby now

Just wish I had more spare cash to buy collectible coins; Get's boring buying Eagles, Britannia's, Maples, etc.

Have to window shop for Mint of Poland or Coin Investment Trust coins - My YouTube videos being the closet I'll get to owning these coins 😥

I jumped in on this new series NEW Star Wars Faces of the Empire coin collection  .. >>>>  New Zealand Mint (@newzealandmint) • Instagram photos and videos

I jumped in on this new series NEW Star Wars Faces of the Empire coin collection  .. >>>>  New Zealand Mint (@newzealandmint) • Instagram photos and videos

15 hours ago, Tn21 said:

I would say silver 

I want to get the silver, but I am worried that the 1/10 platinum may sellout faster. Thank You

15 hours ago, DuperDash said:

I had this exact same issue last night but i am in the UK. It was either £143 on 5 silver 1oz coins or £132 on a 1/10 platinum coin. I went with the silver in this instance but was thinking maybe i should have went for the platinum as i do not have any yet. I think i will do a strategy where i buy silver one month, gold the next and platinum the other and then repeat. 

Like i said i went for the silver but kinda regret it now and think i will treat myself to the Platinum 1/10 on payday.

Hope that helps.

The of buying silver every other month or mixing it with gold and platinum. I buy some gold every few months and I get platinum when ever.  Thank You

I am a Silver , gold and Platinum stacker. Since silvers spot prices have fell and silver is a bit cheaper Should I buy $100 in silver rounds or (one) 1/10  Platinum coin for $156. I want to add to my silver stack , but I have a lot of silver , but the premiums are down right now , then I also want to build up my Platinum stack... what would you do? Thank You in advance 

On 07/08/2021 at 03:27, dicker said:

Still nothing either - pretty poor to be honest.  
 

When I have mailed the Perth Mint before with questions I got an answer within 24 hours - both times.

 

It seems like the Perth Mint doesn't want to answer that question about the series. I still have not heard from them either. 

21 hours ago, dicker said:

Nothing back yet!

I haven't received any answer back yet either

13 hours ago, dicker said:

Hi All

Just mailed the the RCM and will let you know if I get a response on the above question!

Best

Dicker

I am going to email the mint too Thank You

14 hours ago, AppleZippoandMetronome said:

My guess would be the pandemic happened and threw a spanner into their works. Just a guess but like other mints they did shut down for a while last year and had trouble producing their normal bullion range including bars due to shortages. I can only imagine this caused them to shelve the series and they just haven't gotten back around to it yet.

Its a shame as I quite liked a number of the 2oz coins they produced around that time. I too was looking forward to what came next in the series as well as any other individual one offs they made. Perhaps it might be worth sending them an email. If they get enough interest it might spur them on.

I am going to email the mint too Thank You

I like Marvel ,DC Comic and Star Wars Coins. I also brought the King Kong and Godzilla silver coins.