Jump to content

Are Premium Coins Worth Buying As An Investment?

By BackyardBullion, 01/11/23
  • 0 views
  • 1 comment
Are Premium Coins Worth Buying As An Investment?

Recommended Comments

Comments

No doubt it's a spectacular coin but I'd like to see a high premium Germania product that has doubled in price relative to RRP. Let's say this one is £260 RRP, who will pay £500 for 2oz of silver? Perhaps it might be possible to get that price flipping on eBay within a short window after the release date if they're all sold out elsewhere, but what about next year or 5 years from now? Will that premium hold or go up?

For items like the Fenrir with gold, ruthenium and the flashlight, how have those done? No doubt a spectacular coin, it's very Game Of Thrones, but they're still in stock with authorised distributors, reduced in price, and the secondary market just isn't interested paying those premiums for that coin. The same is true of the regular Fenrir, they can't be sold for RRP

What coin did you buy for €200 that you were able to sell for €900 and when did you sell it relative to the release date? 

Seems highly speculative to me to pay that sort of premium for silver when you could get a really high-grade sovereign for the same price or a regular sov and a night on the town for the same price. If silver moons the ultra high premiums will melt anyway so I think you hit the nail on the head when you called it an "art piece" or "artwork". Yep, that's exactly what it is, it's not a precious metals investment IMHO

Edited by HonestMoneyGoldSilver
Link to comment


×
×
  • Create New...

Cookies & terms of service

We have placed cookies on your device to help make this website better. By continuing to use this site you consent to the use of cookies and to our Privacy Policy & Terms of Use