FWIW, my opinion is that a casino must have a $200 ($300) program in order to support the $10 clad strike. The clad strike is worth .6 ounce of silver in the $200 program; .4 ounce of silver in the $300 program and; 0 ounce of silver without a $200/$300 program. My opinion on the $300 program is to make the strikes limited at no more than 100 and number them. The $300 one pound silver strike will need to be highly attractive - no "Bats" and no Resturants - desireable and collectible. As much as I want the program to suceed I don't think the marketplace will ascribe a higher value to a $300 one pound silver strike just because it has a $300 list price/face value. My experience with bullion coins is that premiums usually diminish as the bullion price increases.
Again, my opinion for what its worth.
George
|