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Prices On NP 5 Ounce Bullion Coins Are Coming Down.

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Ed J

1,073 views

Just arrived, a Grand Canyon Five Ounce Bullion Silver Coin I got for $75.00 above spot.

I just purchased a PCGS MS64 Grand Canyon Five Ounce Bullion Silver Coin one that wouldn?t break my bank for $75.00 over spot ($37.00). The PGCS price guide puts the coin at $350.00 so I am happy with the MS64. Prices on these bullion coins are coming down. I believe the reason is many suppliers are putting up for sale so they can get their allotment for the 2011 5 ounce bullion coins. The US Mint states that they must sell all their coins before they can buy the new 2011 5 ounce coins from the US Mint. I would like to collect all five of the 5 ounce bullion coins but at this time, even with the droop in prices, the cost is too rich for me.

On another note I got back my 5 1986 ASE and they came back with a PF69 Ultra Cameo and MS69 and one that was not rated. My search will continue for an ASE that will rate a 70. I am waiting for my photos to arrive so I can add them to my collection.

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