From the Feb. 21 Numismatic News E-Newsletter:
Do you plan to buy more bullion coins produced by the U.S. Mint this year?
Here are some answers sent from our e-newsletter readers to Editor Dave Harper.
I do not intend to buy anything from the U.S. Mint ever again. There is already plenty out there to keep me busy for the rest of my earthly life.
Colorado Springs, Colo.
I do plan to buy silver bullion this year but not from the Mint. I buy a little bit every year to hang onto and build up my hard assets. I will buy a mint set of silver Eagles because I can’t help myself. They are very attractive and I buy them every year. I don’t think I’ll ever make money from them. If I could afford to buy gold I would. Maybe someday. Keep up the good work. I enjoy your writings and the NN.
Virginia Beach, Va.
No. Between what series I collect already on an annual basis , throw in all the commem’s, and one or two “special offerings” and I don’t have anything left to spend on bullion.
Not buying any gold.
Carson City, Nev.
Yes. Have a long standing subscription program.
When I started out collecting silver or gold coins, they came from individuals. Then I found several dealers/individuals online that had cheaper prices and I knew better not to put myself in danger of not buying real bullion.
Well, I discovered the U.S. Mint. I started buying my silver and gold coins and saved myself a lot of money that was paying overhead to someone else. I soon noticed that my collection of silver coins and gold coins was increasing and I was having money left in my budget that I had developed and set aside when I first started out dealing with individuals.
I have already spent $2,500 at the Mint so far this year and plan to double or triple that amount this year. There are very few dealers/companies that can give you the sense of security of knowing that the metal you bought is real. And they have good refund polices, plus low shipping rates.
I have never questioned my buys from the Mint and the three other online dealers due to refund polices and the trust I have built with them for coins not sold by the Mint. I have in the past before I went to the Mint, paid way to much and for a lower grade of coin. I suggest that others who have gone through what I did and do not know their dealers to try the U.S. Mint.
David Asbury Sr.
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