“Black birds tend to like shiny things.” ~ The Bloody Raven.
The Hong Kong Coin Show HKCS, Hong Kong International Numismatic Fair HKINF, and The HongKong International Coin & watch Convention HICC. are some of the huge venues involving hundreds of vendors, exhibitors mixing with buyers and sellers. It must be an awesome sight to see and something for everyone, perhaps one day I may visit Hong Kong and see for myself and bring plenty of cash.
Today’s silver will feature two of the new acquisitions of his recent show finds.
First, the Bonus Junk Silver
I admit it, I fell in love with this adorable little sterling silver Junk pendant Ben found. It is of Chinese origin but who made this is not known. I blame my itchy trigger finger Impulses so I got another one to be sure I made the right mistake. The second one is a 3D version I can blame on my depression.
The Silver Coin
We’re back again to the Democratic People’s Republic of Korea or more known as North Korea with this hidden gem, and I may be too generous in describing this as such, but I will leave it up to my readers to determine if I was being sarcastic, facetious or deadpan comedy.
Having seen many impressive colorized coins from various mints all over the world this 1996 North Korean made proof is rather underwhelming as its sister coins of the ‘Return of Hong Kong’ series. It does have a simple child-like charm to it and fits nicely into my Silver Ships collection. In a nutshell this kind of bullion coin falls into numismatics and not ideal for stacking unless you're crazy as I am.
I’ve noticed an uptick in the availability of North Korean commemorative coins from Ben’s stream of finds lately. These coins of very low mintage are usually seldom seen outside the country. I may be speculating here but are the well-to-do North Koreans selling their silver? In Hong Kong? It would be the place to free up needed cash.
Certain approved DRPK citizens are allowed to visit Hong Kong visa free. Considering North Korea’s small GDP is around $40B making the per capita income of $700USD and if inflation is bad in the Western countries, I would suspect it to be much worse in a country like North Korea.
Other Recent Musings
The flow of numismatics and precious metals lately has been net selling in the west according to recent observations of various Dealers. Dealer inventories are swelling followed by a drop in premiums. Even my local coin shop has been net buying, most being discounted silver and gold jewelry going into melt from customers needing cash to meet bills. ‘Jim’ also says that he’s been throwing a lot of his under 999 fine silver dead stock coins into the melt as well.
That is unfortunate.
Anyways, my cash flow is still good at this time. But I have to rethink how much Emergency reserve I will need for the next year to remain reasonably liquid without having to sell my PM or Crypto holdings. My usual Dollar cost average purchase will have to be on hold until after that new fridge comes in.
If you can, keep on Stacking friends.
Times are getting tough, have you resorted to selling any of your Crypto or precious metals to pay an unexpected expense?
Stacking Hive and Precious metals for that dark and stormy night!
The #piratesunday tag is the scurvy scheme of Captain @stokjockey for #silvergoldstackers pirates to proudly showcase their shiny booty and plunder for all to see. Landlubbers arrrh… welcomed to participate and be a Pirate at heart so open yer treasure chests an’ show us what booty yea got!
Related Post(s);
2009 North Korea 2 Won Panda.
References & Sources
Photos are my own shot with an ancient 2018 Samsung SM-A530W or otherwise indicated.
P. Image under Pixabay
W. Wiki Commons
☠️🎃 Page Dividers by thekittygirl. ❄️🌞
Cameo Raven Brooch from The Black Wardrobe.
The 2024 Hive 0.999 Silver Round.
1997 North Korea 250 Won The Return of Hong Kong.
1996 – 1997 Set of Three Return of Hong Kong.
Wiki; North Korea.
Wiki; Visa Requirements for North Koreans.
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