Golden greetings and silver salutations! I was watching a video by Salivate Metal about a new coin, which I have not seen mentioned anywhere else. Want to see the video? It is linked here.
I searched You-Tube and nobody else was talking about it. It is the 2018 Fiji Silver Mermaid Rising. He said it may be the ugliest coin of 2018! Here's the stock photo from APMEX (the only dealer I could find selling it).
The reverse is fine, so let's focus on the obverse. Is it ugly...well, yes! It isn't even a full mermaid, just a face, torso, and some fins. But you know what, I think it could be a winner. It has this going for it:
- A LOW mintage (15,000)
- A decent price point (around $22 - $23)
- It is a coin and not a round (albeit Fiji will put a dollar amount on almost anything, remember that coke bottle cap, that was a Fiji "coin").
I think it will fly under the radar and may appreciate. It reminds me a bit of this weird coin from last year, the bizarre Czech Republic / Niue combo coin (it actually lists both countries) . It had a similar mintage (10,000), cost about $26 at issue, and now APMEX wants $40 for it. Here's mine in its original bag from APMEX.
I say don't judge this book by the cover. I may be picking one up. There are multiple coins I want from various dealers. When I can buy them from one source, there will be an order coming.
I have to keep it quick this evening. My computer is low on battery and I don't have a charger. So until next time, keep stacking and supporting #SteemSilverGold, #SteemUSA, and #TheAlliance!
