Since May 2016 I have a position of silver bars and coins from the coin reselling company MDM. Originally the intention of this series was to create more products around the very successful Planet Earth coins which were officially released by the german
Originally the intention of this series was to create more products around the very successful Planet Earth coins which were officially released by the german minting institute. (see the relevant link to the original coins here:
(see the relevant link to the original coins here: http://www.investinstuff.com/2016/11/29/new-proven-coin-invest-profit/)
Due to the quick sell out of the first original Planet Earth coins series I figured It would be a good Investment despite the fact that these coins were no original release, see below the link to the unofficial MDM products.
After a lot of problems during the purchase of the silver coins and bars, I finally got the silver bars and coins but despite their low mintage they are not sold out until today, which taught me a lesson to watch out for unofficially minted coins as an addition to a successful series. Don’t get me wrong, I still think that I am able to make a profit out of this coins or at least break even – but the momentum that I am looking for was not achieved with this Investment.
So watch out which coins you buy, think twice about every Investment and also check the relevant background data like the mintage, if original coin series from official mintage institute…
See my article for criteria’s of successful investments in the link: http://www.investinstuff.com/2016/04/05/successfully-invest-precious-metals/
Cheers and good luck with your Investments.