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Posted

I wanted to know if Coins which are 9999 such as Maple Leafs are they more valueable than coins which are 999.0 I'm a newbie to Investing in silver bullion, at the moment i have a target to aquire as much silver as possible, I tend to buy the cheapest deal for 1oz coins or bars, but I also want to have coins and bars from all minters in my collection

Eagles, Britannias, Pandas ect. are all 999.0 but they seem to cost more than Maples which are 9999.

 

I can understand that the designs of most coins look more attractive than the Maples, but I'm thinking as an Investor here!! so will 9999 coins be worth more due to the higher purity than 999.0 coins?

 

I quess my question is does 9999 or 999.0 matter when i comes to investment?

Any thoughts!!!

 

@AgentBullion

Posted

Personally .9999 or .999 are much of a muchness and do not really come in to play for me personally.

Maples are a good standard bullion coin, however they do have a tendency to develop 'milk spots'.

Eagle, Britannias and Pandas again are all great bullion coins that are very tradable and recognised worldwide.

My personal favourite bullion and semi-numismatic coins come from the Perth Mint.  They have great designs, great quality coins that are very sort after. :-)

Posted

999 silver contains 1 part in 1,000 impurities whereas 9999 silver is refined to contain less than 1 part in 10,000.

It makes no difference in bullion price whatsover.

RSM coins like the Dinar ( see Maggie ) are further refined to 99999 but their higher price is due to scarcity and novelty not purity.

You could imagine that purer metals should be priced higher but when silver is molten they just skim off a thicker layer from the top.

Posted

999 silver contains 1 part in 1,000 impurities whereas 9999 silver is refined to contain less than 1 part in 10,000.

It makes no difference in bullion price whatsover.

RSM coins like the Dinar ( see Maggie ) are further refined to 99999 but their higher price is due to scarcity and novelty not purity.

You could imagine that purer metals should be priced higher but when silver is molten they just skim off a thicker layer from the top.

Also look out for royal silver company 99999 coins, these will increase in value ,as company has folded/ gone bust, owing large sums of money, no one is sure of mintage numbers on the 5 coins they released. Don't see them being re released , grab them if you can. My annacondas were the hardest to get

Posted

Depends on the end game with Maples there perfect for bullion,Marketed as bullion, milk spots mean nothing its just plain old bullion ready for the melting pot if you can get a good deal on them snap them up.

If it is collector quality you want don't go near maples with a barge pole.

999.0 9999.99999.9999999999999999999999999 SILVER IS SILVER if it is bullion you want not a collection.

Posted

Thank you so much for the advice guys, I was so confused but you guys have brought clarity to my queries.

:D

wow this forum rocks 

#UKSTAKER

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