Silver Face Value

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twippers
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Silver Face Value

I have a simple question and I hope it isn't stupid.  Just bought a few g's worth of 2012 cougars and moose one oz coins.  The face value on the coin is $5.  How and why do the minters come up with that value?  They are obviously worth more than that at the time of minting.  Would that not lessen the value of the coin if one was forced to use them in the marketplace as a last resort?  Especially when someone has no idea of the real value of silver.

Edited by admin on 11/08/2014 - 06:08
Rich MyGold
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Fair questions

Hello there twippers. I will try to answer your question:

The Face value is the value of a coin, stamp or paper money, as printed on the coin, stamp or bill itself by the minting authority. While the face value usually refers to the true value of the coin, stamp or bill in question (as with circulation coins) it can sometimes be largely symbolic, as is often the case with bullion coins. For example, a one troy ounce (31 g) American Gold Eagle bullion coin was worth and sold for about $1200 USD during 2009 market prices (as of November 14, 2009) and yet has a face value of only $50 USD.

I hope that helps :)

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Silver Rock
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Investor Beware - Numismatic Collector Coins

In life, sometimes the fastest way to learn is to make the wrong decision. 

As much as we love to learn new things, as investors we prefer to learn from other people’s mistakes as opposed to making them ourselves..............

https://goldsilver.com/article/investor-beware-numismatic-collector-coins/

http://forum.goldsilverforum.net/


bern
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It's a lesson in Gresham's

It's a lesson in Gresham's Law.

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Silver Rock
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Graded Coins: Is This Market About to Break Out?

Approaching the graded coin market can be a bit intimidating at first. The grading system is ultra-specific, and high-grade coins can be pricey. But, at stake are remarkable opportunities in the numismatic market for those open to an interesting investment alternative.

Numismatic experts say the coin market is on the verge of a major break out. David Hall, founder of the Professional Coin Grading Service (PCGS) and regarded as one of the top numismatists of the twentieth century, says “we’re now experiencing a renaissance in coin investments and collecting.”

Graded gold and silver coins have the advantage to leverage both the numismatic and bullion markets. And for investors already interested in precious metals, high-grade bullion coins offer an intriguing and beautiful opportunity.

Here, we’ll take a quick look at the graded coin market, and I’ll show you the exact products that I believe are the best high-grade gold and silver coins for investment...............

Sources : http://countingpips.com/forex-news/2012/04/graded-coins-is-this-market-about-to-break-out/ &

http://forum.goldsilverforum.net/


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