Hello everyone and welcome to the Coin Company youtube channel. Please don't forget to like
our videos and press the Subscribe button to see all the latest coin reviews. Today
we are going to do part two of the video where we talk about investing into physical silver. And if
you want to see the part one where we talk about why we're making these videos and also about the
cheapest way to get yourself into physical silver please press the link in the top right corner
somewhere around now. So today we are going to be talking about investing into
physical silver coins. Now we will be discussing the cheapest way to buy
the silver coin and also the mainstream high quality Bullion investment coins.
Now first thing first what makes a coin a coin and what's the difference between a coin and a round.
The main difference is that the coin the obverse would have a legal tender.
So in this particular instance it's a South African legal tender or for the Kookaburra
it's an Australian legal tender. Where a round would have a very similar
you know have some sort of design on the reverse but the obverse not going to have any legal tender
making it less desirable as a product. Now talking about coins. And let's start with the cheapest way
to get yourself a physical silver coin and this is to buy a lower quality Bullion coin from the
mainstream mints. And pretty much almost every mainstream mint would have their own mainstream
Bullion law quality Bullion product. So in this particular instance this is a Krugerrand from
South African mint. But in Australia an Australian Kangaroo is also very popular. In US it's Eagles,
in Canada it's Maple Leaf, in Austria it's Philharmonic. But basically the idea of
all of these coins is the same. It's as cheap as possible, so the quality of the product is fairly
low, so each coin when it's produced - it's only struck once, very rarely twice, usually once so it
makes it quicker to produce minimizing the cost. The design of the reverse always stay the same,
again minimizing the product development, design product development cost and the coin
comes without capsule, so again minimizing the cost. So these products usually come in tubes,
tubes of 10 usually and then they go into boxes and each box would hold either 250 or 500 coins.
Now the other thing to mention is the mintage.
These coins do not have a mintage, so technically mints can produce as many coins
as they wish and depending on the demand demand. So in the instance of Australian
Kangaroo - the Perth Mint will produce millions of coins every year. And when we talk about
um say American eagle we will be talking about tens of millions every year, so there is no
rarity whatsoever. So look to summarize this lower quality volume products - the major benefit,
major advantage it's the price, the premium you pay on top of the metal price which is the lowest
you can get. The disadvantages is the quality, the rarity and also the I guess the coin protection,
in terms of it's not in capsule, so there are more chances that the coin can get damaged. Now
let's talk about the mainstream higher Bullion quality product and in this instance we have
Kookaburra and we have a Silver Lunar from the Perth mint. And straight away you guys able to see
the difference in the quality. I mean it's you can see it with the naked eye you know like
the Kookaburra is so much nicer when it comes to the finishes comparing to the Krugerrand
and the same story would be if you put side to side Kookaburra and Australian Kangaroo coin.
So yeah so the quality is one thing. Now as you can see each coin comes in capsule now even here
with the reverse you guys can see that it's almost proof like, proof like finish. It's actually quite
amazing what they've done to the Kookaburra coin this year. I really really like this coin.
Now so the capsule gives it extra protection and also this mainstream Bullion coins from the Perth
mint and they do have a limited mintage. So in terms of Kookaburra it's a 500 000 pieces per year
and in terms of Lunar it's actually 300 000 pieces per year which seems quite a lot but
it's actually not. There has been a few years when Perth mint has sold out the full mintage for both
Lunar and Kookaburra coins. And as a result when you try to sell your Kookaburra or Lunar coin
which had the mintage sold out on the secondary market, the good chance that you will actually get
a bit more than just the metal price. So to summarize the biggest disadvantage of this product
of the mainstream Bullion higher quality coins is its price. It's more expensive definitely
more expensive than the Krugerrand or Australian Kangaroo. The advantages
is the quality, the protection, so you get the capsule and the mintage. Okay, so you
get limited mintage meaning the coin can be sold out and it will be fairly rare. So that's it guys
thank you for watching if you did like the video please press the like button, please subscribe.
That will help us a lot to promote the videos and that will help us a lot to produce more videos
like that. And obviously stay tuned for the part three where we talk about the Bullion coin with
much lower mintage which make them quite special. Thank you.