| | Philippine Future Bullion Coins | |
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elaine 1970

Posts: 31 Points: 12579 Reputation: -1 Join date: 2009-09-26
 | Subject: Philippine Future Bullion Coins Thu Oct 01, 2009 3:27 am | |
| i hope the central bank of the philippines and or the government of the republic of the philippines will issue philippine eagle one ounce bullion gold and silver coins. obverse - same with that of 1903-06 silver peso obverse. reverse - show philiipine eagle with central bank seal or philippine seal. a proof version for collectors is welcome too. and the series should be continue in every year. remember, we are also a producing nation. australia, canada, china, u.s.a. and elsewhere were producing it. and produce it in big quantity. why not us. the philippines. this one is very popular now. what is your opinion?. tell us. |
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elaine 1970

Posts: 31 Points: 12579 Reputation: -1 Join date: 2009-09-26
 | Subject: Re: Philippine Future Bullion Coins Thu Oct 01, 2009 3:42 am | |
| currently, some of the popular bullion silver coins were: american eagles, canadian maple leafs, chinese pandas, australian koalas, kangaroos & kookaburras, australian lunar series I & II, austrian philharminics, mexican libertads and british britannias.
someday, i wish i could have philippine eagles. mabuhay philippines. |
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josie
Posts: 186 Points: 28210 Reputation: -2 Join date: 2009-08-09
 | Subject: Re: Philippine Future Bullion Coins Thu Oct 01, 2009 6:05 am | |
| Can you explain further what is Philippines bullion.
Seen some silver Phillippines coin in the web,maybe some commemerative coin.
But Bullion Phillipine coin for collector no idea,what it meant. |
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yeling1960

Posts: 71 Points: 15980 Reputation: 0 Join date: 2009-09-26
 | Subject: Re: Philippine Future Bullion Coins Thu Oct 01, 2009 6:59 am | |
| bullion coins were intended for investors as well as collectors to invest or to play the silver market. those coins usually goes with the price of silver. it is just like the rectangular silver bar. but again. sometimes the mintage of a certain year is quite low. thus collectors can push up the price of that silver bullion coin and become a collector's item. so it is better to invest official bullion round coin rather than private minted round or bar coins. on the other hand. the proof version is intended for collectors only. but with high premium attached. |
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yeling1960

Posts: 71 Points: 15980 Reputation: 0 Join date: 2009-09-26
 | Subject: Re: Philippine Future Bullion Coins Thu Oct 01, 2009 7:07 am | |
| sample of bullion silver coin. http://www.apmex.com/Category/503/Silver.aspx |
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kolektor
Posts: 104 Points: 18934 Reputation: 7 Join date: 2009-02-26
 | Subject: Re: Philippine Future Bullion Coins Thu Oct 01, 2009 8:41 pm | |
| Hi! Bullion coins here are those worn out and defaced coins, most likley candidates to the melting pot. The central bank does not mint bullion coins anymore and thus, collectors just improvised the meaning and adopted it to other coins that may be consider of the same worth.  |
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yeling1960

Posts: 71 Points: 15980 Reputation: 0 Join date: 2009-09-26
 | Subject: Re: Philippine Future Bullion Coins Thu Oct 01, 2009 11:10 pm | |
| we should encourage the philippines government to issue bullion silver and gold coins. and also issue some silver and gold modern commemorative coins too.
i heard that within two years. the philippines will change all its currently circulated coinage to a new design. oh yes. it is time to change them. |
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josie
Posts: 186 Points: 28210 Reputation: -2 Join date: 2009-08-09
 | Subject: Re: Philippine Future Bullion Coins Fri Oct 02, 2009 5:09 am | |
| Thank you yel.
What amount of silver for a coin to be called bullion?
And what coin denomination in Phillipines?
If ever Philippines will produce it is NCLT coin?
cannot mixed fiat and bullion to one one currency today.
It is possible coin is in silver or gold bullion and papers in fiat?
For future ref, http://blog.filipinonumismatist.com/2009/10/where-our-money-is-produced.html |
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yeling1960

Posts: 71 Points: 15980 Reputation: 0 Join date: 2009-09-26
 | Subject: Re: Philippine Future Bullion Coins Fri Oct 02, 2009 6:02 am | |
| bar weight such as 100 grams, 50 grams, 20 grams, 10 grams 5 grams 1 grams,
round wight such as 10 oz. 5 oz. 2 oz. 1 oz. 1/2 oz. 1/4 oz. 1/10 oz. 1/20 oz.
face value depend which country and what kind of amount they want to put it.
most likely they produce a lot of it.
a very little premium is added to offset any expensive.
some bullion coins due to low mintage may take off its price. bar bullion usually stay within its gold or silver range. |
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abe

Posts: 132 Points: 24056 Reputation: 8 Join date: 2009-06-04
 | Subject: philippine bullion coin Fri Oct 02, 2009 7:54 am | |
| the success of the Philippine bullion coins will largely depend on us collectors. |
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josie
Posts: 186 Points: 28210 Reputation: -2 Join date: 2009-08-09
 | Subject: Re: Philippine Future Bullion Coins Fri Oct 02, 2009 8:14 am | |
| Philippines bullion coin used in circulation,will it work? |
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abe

Posts: 132 Points: 24056 Reputation: 8 Join date: 2009-06-04
 | Subject: Re: Philippine Future Bullion Coins Fri Oct 02, 2009 8:17 am | |
| no josie, for the true value of the coin is greater than its face value. |
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josie
Posts: 186 Points: 28210 Reputation: -2 Join date: 2009-08-09
 | Subject: Re: Philippine Future Bullion Coins Fri Oct 02, 2009 8:26 am | |
| Can it make half way bullion and face value can be accepted by monatary intituition,or a silver in Philippine coin will increase the value of Philippine coin denominations when it have silver in it? |
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abe

Posts: 132 Points: 24056 Reputation: 8 Join date: 2009-06-04
 | Subject: Re: Philippine Future Bullion Coins Fri Oct 02, 2009 8:33 am | |
| for the value of our money to be high, it will not only defend upon the materials they are made of. for the value of our PESO to be high our economy must be high too. |
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josie
Posts: 186 Points: 28210 Reputation: -2 Join date: 2009-08-09
 | Subject: Re: Philippine Future Bullion Coins Fri Oct 02, 2009 8:39 am | |
| Yes.
It will go to gold reserve,solver or precious metal.
Import and export and also deficit but most most of all our national debt.
Just a comment during this Global recession,I dont know whos country its economy is high or its currency.
Just make the peso stable first can add silver on it.
Cannot change the way it is the world is not in bullion currency I think.
Thank you for the info Abe.
Well I did try just want the peso to increase its value and accepted in all banks in the world both coin and paper currency. |
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| | Philippine Future Bullion Coins | |
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