Komsco Phoenix
The Komsco mint from Southkorea comes out with a new series.
This time it comes with an unlimited mintage and is their take on a BU coin, except it is a round as there is no currency minted on the coin.
Despite that ,the plan as far as I know is that this "coin" will come out every year same as the Silver Eagle, Maple etc.
I could not find information if the motive will change every year.
Personally I like it if the motive changes as it spices up the stacking a bit for me and of course the potential of the rise in value if collectors get a liking of the coin. The Queens Beasts for example had an unlimited mintage as well but demanding quite a premium for the earlier releases.
I cant imagine spikes like that tbh as it is just a round and some people dont like KOMSCO anymore through the milking of the Sin and Chiwoo series. Also I have read about problems with quality control.
On the other hand there are still many people, myself included, who enjoy the designs a lot and if the design would change every year I can`t see the price being the same as a usual BU. Even the BU silver coin of the Kruegerrand demands a premium now...but with the Chiwoo we saw a boom and bust....
Wait and see I guess
But as the premium is not this high I am willing to take that gamble and I really like the design.
The collector and speculant within me is happy.
Posted Using LeoFinance