Comments on: Perth Mint Gold and Silver Bullion Sales Robust in May

By: Antonio

Antonio — Mon, 13 Jun 2022 18:02:19 +0000

In reply to Jeff Legan. I buy coins and I know things. A bad habit I guess.

By: Jeff Legan

Jeff Legan — Sat, 11 Jun 2022 20:59:23 +0000

In reply to Jeff Legan. Hahaha, shows what I know about bars. I guess I should have realized there were 1 oz bars, but I did not even think of it.

By: Jeff Legan

Jeff Legan — Sat, 11 Jun 2022 17:51:58 +0000

HI major D,
One reason I could think of is if you feel you will need to someday use your precious metals as money, it would be easier to “make change” with coins rather than a large bar. Another reason I could think of is the upfront cost to buy 1 bar as opposed to 1 coin. If you do not have much money you can buy a coin regularly but would not be able to afford a bar very often.

By: East Coast Guru

East Coast Guru — Fri, 10 Jun 2022 23:09:56 +0000

In reply to Rich. Rich, thanks for posting the values of the various bullion coins. I think the price variance comes down to two main issues, plus some other minor reasons. demand & eye appeal. Philharmonic coins are flat looking, boring with little artistic eye appeal. On the other spectrum are beautiful coins such as the eagle and Libertad. Eagles are the world standard with very high mintage artistic beauty and quality. The libertad & kookaburra are very limited in mintage and I think buyers of these feel they can do better down the road resale wise with these limited and beautiful coins even if they cost more now. Just my observations as having a few of each of these silver bullion coins.

By: Rich

Rich — Fri, 10 Jun 2022 20:38:38 +0000

In reply to michael.

I don’t know the reason(s) why Austria Silver Philharmonic bullion coins (and the Australia Silver Kangaroo) are relatively cheaper than other bullion coins worldwide. For a real-time price comparison of the world’s top 1-ounce silver bullion coins, here is a rank listing by price based on today’s closing silver spot price for new 2022 dated coins:
Austria Philharmonic = $27.66
Australia Kangaroo = $27.66
South Africa Krugerrand = $28.97
Great Britain Britannia = $29.47
Australia Koala = $30.17
Canada Maple Leaf = $31.17
China Panda = $35.36
America Eagle = $36.16
Australia Kookaburra = $52.18
Mexico Libertad = $56.09 (for 2021 dated, 2022 not released yet)

By: michael

michael — Fri, 10 Jun 2022 19:26:11 +0000

I stopped collecting two years, before the spread between futures and physical blew out. Why are Austrian Silver Philharmonic so cheap compared to other bullion?