rounds vs coins

[craig12]

this has probably been covered a thousand times but just to confirm

what is the difference between say an apmex round or rounds, and a maple , philharmonic,ase,or britannia

im not talking about the capital gains tax issues but more like

what does a round give you that a maple dosent?  if the silver coin round is to be sold in the future and you get no more for either coin from a dealer

then wouldn't you buy the cheapest on offer

[craig12]

to simplify  if a round was £14.95  a ase was £15.60  a philharmonic was £13.95  and a maple was £14.25

shouldn't you try and buy as many phils as possible to get close to spot

[craig12]

sorry I realise that rounds do have impressive stampings, ie the baird site has rounds with different animals on but would that make you want them more than philarmonics

[Agpanda]

All depend to being a stacker ( and get as much silver/£ you can) or being a collector ( paying for for things he/she likes)

I am more of a collector myself i have payed stupid money for things i like (200£/oz) and done it gladly  

[morezone]

If you're basing your stack against just spot price and large volume disposal in future, then get as cheap as poss.

If you're basing it on resale value, then it will be a trade between spot and future popularity. But you will end up selling them in small batches and individually later one.

[Shamatti]

The obvious difference is that a coin has a face value - it is legal tender. The round isn't.

 

After that it gets complicated. Standard bullion like Maples and stuff are close to spot - pile it high and buy it cheap - sell for a profit once spot has risen enough to satisfy. Or, if you have patience for it, sell them one by one on fleebay and make a few extra quids.

 

Other coins are more collectable. Perth mint lunars can fetch a hefty premium after a few years. 2012 Dragon II now £50!

 

But don't dismiss rounds. There are some rounds which are limited mintage and amazing designs which are worth way more than the semi numi coins many people collect - look at the early SBSS stuff for example. An original 2012 Debt and Death BU was a 4000 mintage, and goes for well over $40 now. One of my top 3 fave rounds!)

 

So to answer your question, ask a question: Are you a collector, or a stacker? Are you trying to make a quick buck, or in it for the long term?

 

I started as a stacker, but found too many beautiful coins and rounds that I just couldn't live without! lol Now I mainly collect what I think will end up making the most proft for me over the next 5 or 10 years. Or more. We'll see. So far, I am not doing too well in that area! lol But I have a lovely collection!

[DrDime]

An issue that is in the back of my mind when choosing is: will the person I'm selling to in the future trust that it is not counterfeit. There is the idea going around that counterfeiters would be more reluctant to copy a government issue coin than a generic bullion round as they are more likely to have people investigating them etc. I don't know how true that is but if people believe it then it's just an added reassurance. It's for that reason that the vast majority of my stack is government issue (bullion and circulating coins)

I was at spittalfields market a couple of weeks ago and saw a few sunshine mint bars. They looked good - very well made and I was tempted. Luckily I had a magnet in my pocket which stuck straight to them.

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[ChrisSilver]

It's down to demand. If your selling on the secondary market, you will be able to sell ASE's very quickly, even though they have a premium and are minted in the millions and millions there are a lot of people who stack them. And they are very beautiful.

Philharmonics are also coins, but the demand is lower.

Rounds will generally have an even lower demand. Though there are some rounds which have limited mintages and are very popular amongst collectors.

To be honest the best investments in my opinion are the Kooks, and Pandas, even with the high mintages the recent Pandas have increased very well in price.