No way for me to pay numic price and in worst to get bulluon value. I rather dump to sea lol.
The brass version price will down in one week. 10 to 30 pieces available. Grab it fast if u have the preparation the worst it will worth bullion value only as KOT thought.
The front of the mammoth look great but reserve side so so only. I bought few and have few graded.
I remember reading about the "Great Depression" as a kid. I remember reading accounts of how many people "lost everything". I remember how they described people clutching sheaves of "now worthless documents" which certified ownership of previously acclaimed "sound investments". The total collapse of various asset classes and the consequences were more than some could tolerate and a few jumped off buildings. This last desperate act of a severely traumatized individual crying for help unfortunately still happens now.
I have been careful to control my expectations of owning precious and non-precious metal MCC (coins, medals and artifacts). The valuation of brass, copper and bronze coins and medals is determined by several ephemeral and nebulous factors each of which can become upended without warning. The rarity of a particular coin or medal, for example, may become less of a valuation factor if a large stash is suddenly "discovered" as has already happened a few times.
There is still a lot about MCC that is unknown or not published especially outside China and this always acts as a potential deterrent to the maintenance and potential appreciation of items, especially the new releases. This can be illustrated with the Mammoth medal. There is no information on how many of the 90mm and 50mm brass medals that were actually produced, leaving collectors outguessing each other. If the full mintage was not reached will the mint produce the shortfall this year, next year or in twenty years? The production of an antique silver medal was also not announced as part of a proposed Mammoth medal series at the beginning. This ad hoc minting style does not improve the confidence of buyers/collectors. What other Mammoth medal will we see next? Will there be a gold Mammoth medal, pewter, copper, bronze, antique copper, antique bronze, aluminium-zinc-copper, nickel-copper?!!
This is why when I think of buying any MCC I look at the best and worst case scenarios as part of the decision making process. I hope that the monetary value of the item will be maintained, at the minimum, but preferably increased over time. However, I have to accept the fact that the value may not be maintained and could depreciate. The potential for depreciation IMO should be more with the non-precious metal coins and medals compared to those made from gold and silver.
A precious metal coin or medal has potential price support points along a depreciation slope. One of the major support points for any particular MCC is what I call the "average MCC metal content premium" for want of a better term. This is the average price for 1oz newly minted Chinese numismatic coin, the price that most collectors should feel comfortable paying for that coin or medal. I suggest that the premium is somewhere in the range of $50-150 for a 1oz silver coin or medal. Another price support point below which a numismatic coin/medal is most unlikely to go is the bullion price of the base metal, which is at an (optimistic) average of $15 now.
Yes, no one who buys a numismatic precious metal coin or medal hopes/envisages that the price of the item will drop to that of a bullion coin. However, this is a potential worst case scenario possibility and I am not going to jump off buildings if that happens.
What will you be selling your 10-30 x 50mm Mammoth medals for? $108 or above? Or less than $73? If less than $73 what happens to the value of a mammoth medal bought at $108 or thereabouts? Suppose a more aggressive seller then tries to offload his/her medals at $45 apiece. Assume the full mintage was run and a cash-strapped seller wants to liquidate his/her inventory at cost or even at a loss? The 50mm Mammoth could sell for as low as $20. It is not unimaginable!!! And what about the bullion price of brass?