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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: Roebear who wrote (26397)	1/23/2003 1:09:34 PM
From: BSGrinder	Read Replies (3) \| Respond to of 36161

Buying coins at the right price is a great idea, but what is the point of buying bullion coins from the mint at premiums of at least 35%, when you can buy uncirculated historic bullion coins for less than half that premium? Or US 90% silver for a 10% premium? Or almost uncirculated 100-year-old gold sovereigns for a 10% premium? The mint currently makes as many coins as people want, ensuring that there will be no real scarcity. I am very curious as to what advantages Eagles have over historic coins, and why the premiums over the underlying metal price will not ultimately go down. Thanks for any explanation you can give. /Kit