Comments on: Yellowstone 5 Oz Silver Uncirculated Coin Available May 17

By: Mr Greed

Mr Greed — Tue, 17 May 2011 16:56:37 +0000

Well that went more smoothly then the Hot Springs sale, got my order done at 12:08 est today, compared to almost 40 minutes last time. 2 down…56 to go.

Hope everybody gets their Yellowstone coin, what a country!!

By: bubbah

bubbah — Fri, 13 May 2011 18:00:38 +0000

Ed,
You cancelled your order on a sold out coin because silver dropped a little?
Are you going to out and pay more money for it when silver is back up at $50
an oz? I haven’t seen one sell for less than $350 yet. You could have sold it and still made money even at the lower silver prices.
A true collector doesn’t care about the price of silver.
95 American Eagle from the gold proof sets only has 1 oz of silver and sells for $1000’s. Mintage was around 35,000. Maybe it is good that the price of silver is dropping so that more collectors will have a chance to buy the new 5 oz coins.

By: mark

mark — Fri, 13 May 2011 04:10:24 +0000

A very slight nick along the edge of mine. Hope the Mint takes more care going forward.

By: Wayne

Wayne — Thu, 12 May 2011 23:53:29 +0000

Silver is making wild price swings because of technical factors such as margin requirements to trade silver future contracts, and computer driven trading programs. I think we will see $50.00 an ounce again, later this year. Then $60.00 sometime in 2012 and $100.00 within 3-5 years. This all due to the current US policy to reduce the value of the dollar. So holding few .999% silver coins will work out over time, especially rare coins, i.e. 23,000 total minted, that are certified by the US Mint. Boy, you really have to catch your breath over the Mint not having enough COAs on hand for the Hot Springs coin!! Does anyone know how soft .999 silver is? I’ll take a look at the “springs” waves when I get home next week. I’m out of town right now.

By: Gair

Gair — Thu, 12 May 2011 16:20:20 +0000

My questions is in regards to the price of silver falling out. Why wouldn’t the price of silver affect the selling price of this coin. At $50 an oz. $279 is fine. At $33 an oz, the premium is around a 40% = $114.

I did notice that the “SPRINGS” on my coin does have a wavy background. I checked my fathers coin for that same wave and his has the same, just slightly less noticeable.

By: ed

ed — Thu, 12 May 2011 15:50:30 +0000

Cancelled my order with the tumbling silver market.

By: Victor

Victor — Thu, 12 May 2011 13:04:57 +0000

Too many coins, too many variations, too little quality control. A slight abrasion on the top edge, but I figure it’s going to be “par for the course” from now on.

By: tim

tim — Wed, 11 May 2011 23:01:00 +0000

Wayne, Randall, thanks for the reply. I did call the fullfillment center and the lady I spoke with said that they are waiting to receive the CofA’s from Washington and did not tell me when I would receive mine. Is it possible that the “packer” of my coin just forgot to include it?

By: Wayne

Wayne — Wed, 11 May 2011 21:33:15 +0000

Tim…Yes, I received a certificate of authenticity.

By: Randall

Randall — Wed, 11 May 2011 20:25:00 +0000

Yes. All (P) versions are supposed to come with COA..

Also, some have reported imperfections within the word “SPRINGS”