Community Voice Responses (07/02/13)

From the June 7 Numismatic News e-newsletter:

The Mint hasn’t made platinum bullion coins since 2008. Should it restart production?

Here are some answers sent from our e-newsletter readers to Editor Dave Harper.

I always thought it was a trinket for the rich. I have found that in my store, the interest has been more in silver than gold. Take care.

Paul Fisher
Address withheld

Why not restart these coins once again? Due to the current financial times, take orders from individuals and make no more than 10 percent above that. Hopefully this will be sure that everyone who wishes it will have it plus extra for aftermarket sales.

Gary Kess
Berkel en Rodenrijs, Netherlands

I always buy the collector version of silver or gold Eagles, 5-ounce America the Beautiful coins or whatever. I collect coins. I am not an investor of precious metals.

These slabbed bullion rounds and phantom mintmarked rounds are not coins. They are bullion rounds. Would you slab your ingots? Probably not. Nobody wants to pay a higher premium when investing in a precious metal because one gold ingot is graded MS-63 and another is graded MS-70. That makes no sense.

So why slab silver and gold bullion “coins?” It makes no sense to me. I want coins for my collection, not hunks of metal.

David Tortorice
Buffalo, N.Y.

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