Taking a break from the Blue Cashew

[Thiel]

As promised I will take LOA by this Friday Biggie Smiles Bigly:

Sweetie remember after you gave me oral sex this morning you were complaining that too many people here have you on ignore. You said it pisses you off that you get very little attention on this forum.

Honeybunch, if you stay I'll reply to all of your posts. I will give you all the attention a septugenarian like you can handle.

How does that sound Sugarplum? Is it a deal?

[JOE]

The motherfucker is always trying to add to his P.I. scrapbook.

This is one of my favorite coins that I own Lokmar:



The 1936 Canada 1 oz Gold replica coin. To the left is an actual 1936 dime.

Mintage 550.

Trouble, it's not worth very much. Despite its low mintage, it sells at or slightly above spot price only.

I paid $4199 Canadian or about $3000 USD. At the time Gold was $2500/oz, Only saving grace is the price of gold went up, so at least it's worth as much as the metal now.I might get $3300-3400 for it? Possibly $3500? But I suspect not much more than that.

That's an example of something where 'Rarity' was manufactured & isn't considered truly Rare by Numismatic standards. Hence, the 'Collector value' isn't very high. Unless the mintage is exceedingly low - like 100 or less, the numismatic value doesn't really kick in, eh?

There's a lotta examples like that. Canada Mint. US Mint. Franklin Mint, etc.

so these shiny coins in a box aren't often worth that much.

In the Coin Collecting World, something has to be really rare to be considered 'scarce' or 'rare' as a collectible. Otherwise, it's just another run of the mill product that sells for the spot price of the metal, not much more.

[Thiel]

This is one of my favorite coins that I own Lokmar:



The 1936 Canada 1 oz Gold replica coin. To the left is an actual 1936 dime.


Mintage 550.

Trouble, it's not worth very much. Despite its low mintage, it sells at or slightly above spot price only.

I paid $4199 Canadian or about $3000 USD. At the time Gold was $2500/oz, Only saving grace is the price of gold went up, so at least it's worth as much as the metal now.I might get $3300-3400 for it? Possibly $3500? But I suspect not much more than that.

That's an example of something where 'Rarity' was manufactured & isn't considered truly Rare by Numismatic standards. Hence, the 'Collector value' isn't very high. Unless the mintage is exceedingly low - like 100 or less, the numismatic value doesn't really kick in, eh?

There's a lotta examples like that. Canada Mint. US Mint. Franklin Mint, etc.

so these shiny coins in a box aren't often worth that much.

In the Coin Collecting World, something has to be really rare to be considered 'scarce' or 'rare' as a collectible. Otherwise, it's just another run of the mill product that sells for the spot price of the metal, not much more.

As promised Angeldrawers, I am responding to your posts.

I think your little pretend chocolate coin collection is cute. Almost as cute as your bald spot.

[JOE]

Going in to have your enlarged prostate removed before it kills you doesnt count as "leaving teh inferwebs for a while" josephine.

Anyway Lokmar, here's another example of a coin that's very popular, even with American collectors, but isn't that valuable nor expensive by collector's standards:



1967 Canada $20 Gold.

Mintage was somewhat high, the in the hundreds of thousands, so it would never be considered 'rare'

It was and still is largely sought after for its Gold Content and is mostly considered bullion than a collectible coin.

A common piece, but ifya wanna impress yer friends or strangers, it's a good bet.

At today's market value, maybe find one for $1700-1800 US?

https://www.apmex.com/product/8904/1967-canada-gold-20-confederation-bu-proof-agw-5288 (APMEX)

[JOE]

HOT DAMN! You left the inferwebs for what? 10 minutes?


I made out like a fat rat on silver. Bought at $23/$24oz, sold at I think $32/$33 oz. Now, all the silver I buy, I give away to my kids. I bought #1 son 6 silver eagles for his b-day.

Silver's goin up again...Lokmar! $36 US an ounce!

Do ya regret selling too soon?

Maybe should a hung on eh?

[Prof Emeritus at Fawk U]

Three pages later and no break taken yet.

[Lokmar]

Silver's goin up again...Lokmar! $36 US an ounce!

Do ya regret selling too soon?

Maybe should a hung on eh?

Nope. Unlike everyone else, I bought metals as a short term investment, something everyone says you shouldnt do. I made 30% and cashed out. That was always the plan as I had previously said.

Silver has hit $36/oz this year as I predicted. Now Platinum is shooting up to $1200/oz ALSO as I predicted. Remember that, josephine? Am I a genius? No. I simply paid attention.

[Lokmar]

Three pages later and no break taken yet.

Today is the big day tho!!!