US Mint Re-Releasing Mercury Dime Centennial Gold Coin

[dmsdog]

I just received notice from the mint that the centennial dime will be released on Dec 15th. https://catalog.usmint.gov/mercury-dime-2016-centennial-gold-coin-16XB.html?cgid=product-schedule

[madfranks]

I saw that too; this will be a good opportunity to get one if you missed out last time!

[cheka.]

crushing blow to speculators?

[hoarder]

One tenth ounce for $200? That would be a premium of $836 per ounce. I'd rather put that $836 into real metal.

[crimethink]

One tenth ounce for $200? That would be a premium of $836 per ounce. I'd rather put that $836 into real metal.

Fools and their money.

[Neuro]

One tenth ounce for $200? That would be a premium of $836 per ounce. I'd rather put that $836 into real metal.

Not spending $200, will net you $836?




;D
I think the premium is $199.90 per dime... ;)

[madfranks]

One tenth ounce for $200? That would be a premium of $836 per ounce. I'd rather put that $836 into real metal.

This isn't bullion; it's a numismatic collectable. Yes, it's made of gold, yes it will always have it's melt value, but it also carries numismatic value to collectors. I am a collector first and PM investor second, so I got one.

[hoarder]

Numismatic "value" is a suckers game, IMO. Might as well put your money in rare dolls or baseball cards.

[crimethink]

This isn't bullion; it's a numismatic collectable. Yes, it's made of gold, yes it will always have it's melt value, but it also carries numismatic value to collectors. I am a collector first and PM investor second, so I got one.

The "numismatic value" is very fleeting. For every coin that holds "collector's value," there are nine that do not.

Pay an exorbitant premium only if you personally enjoy the coin.

[hoarder]

It is in the interests of the banking elite that potential bullion investors are diverted to investing in rarity and premiums.

[madfranks]

Numismatic "value" is a suckers game, IMO. Might as well put your money in rare dolls or baseball cards.

I don't care about rare dolls or baseball cards. I like coin collecting, it's a fun hobby and I enjoy it.

[crimethink]

It is in the interests of the banking elite that potential bullion investors are diverted to investing in rarity and premiums.

Jews would sell "rare, collectable snow" to Eskimos if they were stupid enough to fall for it.

[Neuro]

Jews would sell "rare, collectable snow" to Eskimos if they were stupid enough to fall for it.
LOL

I am sure they could convince them to it, if they really tried, but they did the math. Too few eskimoes with too little money.

If they did it. They would probably sell it as "Gold Snow"...

http://photos-ak.sparkpeople.com/nw/1/2/l1228580906.jpg