I had this coin on my Christmas list, but to be honest, I've had it all along, just hadn't mentioned it until now, lol. Since I collect these coins, it wouldn't hurt to have a couple more around!
What I appreciate about these bullion coins is that they have a semi-numismatic quality to them.
Semi-numismatic coins are a fascinating blend of bullion and collectible coins. They carry intrinsic value due to their precious metal content, like gold or silver, and they also have additional value attributed to their rarity, historical significance, or unique design. This combination often makes them more desirable to both investors and collectors compared to regular bullion coins which are valued solely by their metal content.
Purchasing a semi-numismatic coin comes with a modest premium over the metal's spot price while it's still in production. Although the cost isn't significantly higher, it tends to be slightly more expensive than a pure bullion coin.
Once the production ceases and the mint's inventory is fully sold out, the premium over the spot price begins to rise. This increase continues as dealers' stocks diminish further.
2024 1 oz Australian Silver Emu Coin
Coin Highlights:
- Comes with acrylic capsules, sealed plastic rolls of 20 coins, or boxes of 100 coins.
- 7th issue of Australian Emu Coins,
- Limited mintage of only 30,000 coins
- Contains 1 Troy oz of .9999 pure silver in BU condition.
- The face value of $1 (AUD) is fully backed by the Australian government.
- On the obverse is a bust of Charles III.
- The reverse features an Emu.
- Bears a P125 mint mark from the Perth Mint.
Source
When it comes to stacking silver, there isn't a "wrong" way to go about it. As the adage states, "If you like it, buy it."
The real question is, "Which is a better investment?"—numismatic silver, semi-numismatic silver, or pure bullion coins?
One technique for profiting from silver stacking is by leveraging the volatility of the spot price of silver. However, it's crucial to ensure you don't overpay too much for the opportunity, in my view.
One way to make money from stacking silver is by taking advantage of how much its price can change. Here's the deal: the price of silver doesn't stay still—it goes up and down a lot due to things like the economy, politics, and how much people need it for various industries. To profit from this, you can buy silver when the price is low and sell it when the price goes up. This way, you earn money from the difference in prices.
For example, during uncertain times or when inflation is on the rise, silver usually becomes more popular as a safe investment. If you stay updated on market trends and understand how these factors affect silver prices, you can make smarter decisions on when to buy or sell.
Just be careful not to overpay in the first place. Even if you sell at a higher price later, paying too much at the start can eat into your profits. Different types of silver, like numismatic, semi-numismatic, and pure bullion coins, come with different price tags. Pure bullion coins usually have lower premiums compared to the other types, which might have extra collectible value.
Doing your homework, comparing prices, and knowing the market can help you avoid spending too much. Also, sticking to a budget can prevent you from making impulsive buys that might not pay off in the long run.
So, to sum it up, taking advantage of silver's price changes can be profitable if you play it smart and don't overpay at the start.
My collection of Australian Emu
Reference
https://www.jmbullion.com/2024-1-oz-australian-silver-emu-coin/
https://en.numista.com/catalogue/pieces438160.html
Video is from YouTube
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