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As a precious metals investor, you may heard much about numismatic and "semi-numismatic" coins, particularly the St. Gaudens $20 double eagle gold coin. While

According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product

coin collecting can be an interesting hobby, it is not necessarily related to metals investing. Coins of this type vary in value with the ebb and flow of the c

; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

Examples of combination products may in

ollector market and are not strictly tied to metal value. Also, these coins often go for much more over spot price than bullion coins.

One of the concepts tha

lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

gets bandied about quite a bit is the idea of U.S. government confiscation. While it is true that the U.S. government did have a gold recall in 1933 by execut

here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe

ive order of FDR, gold coins of a significant value over gold value were not subject to this recall. Many dealers use this to imply that in the event of anothe

d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

Combination pro

r confiscation these older coins would fall in this category in order to sell these types of coins to the unsuspecting or newer metals investor. However, the c

ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc

nfiscation issue is a red herring for several reasons:

The dollar was backed by gold in 1933 and the recall was designed at least in part to stop th

easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi

e run on banks; the dollar no longer has any metal backing.

St. Gaudens $20 coins in almost uncirculated to mint state conditions are still very comm

nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically

on even considering their age due to decades of mass storage in European bank vaults.

There is nothing that states that numismatic items could not be

and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ

confiscated in the event of another recall; the original executive order no longer has any force of law.

Gold is no longer used in regular-issue U.S.

ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi

coinage (the American Eagle gold coin, although it has a face value, does not count) and is typically used only in jewelry and privately-held investment vehic

ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

Following aspects would a

les such as bars and bullion coins which would be harder to recall and account for. The majority of recalled gold coinage in 1933 was housed in bank vaults.

dd to the challenges in developing combination products:

Which markets to tap where the combination products can do fairly well?
Which combination prod

As gold is no longer used as a monetary instrument by the U.S. government, confiscation is unlikely in any event.

Now, you may be wondering

cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin

about silver in regards to this as well. Silver held sway as coinage for longer than gold, and some silver coins can still be found in circulation. However, s

tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen

ilver has never been subject to confiscation, and its status as an important industrial metal gives good reason to believe that there will never be a silver re

t?

As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel

all.

90% and 40% silver U.S. coinage is still widely available, and although it sounds contrary to what I stated above, these coins are a good value - as l

ping new procedures for reviewing their safety, efficacy and quality.

Professional from academic institutions, pharmaceutical industries, health care indust

ong as they can be bought at near silver spot or less. This is an important distinction to make, as old silver coinage (often referred to as junk silver) o

y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products

ften carries very little to no value as a collector item over the metal value. These coins, if anything, are semi-numismatic, but don't bank on collector value

.

As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de

In short, if you approach this from the perspective of a metals investor never look at a coin for collector value. Collector markets are often hard to get a

elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

Companies that provide selfless information through particip

pulse on, and numismatics are much more illiquid than their bullion counterparts. If you're paying more than spot plus a modest premium, you're paying too much

tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

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Always remember that your success depends on you and your positive mindset! Knowing what your competitor is doing is helpful, but will not ensure your success. When starting a new business, or thinking of starting a new business, it is very important to check out who's already out there, what they're offering, and what they're charging and how they are marketing their services - products.

Countless entrepreneurs prefer to design their own promotion materials when they initiate their businesses, particularly by their first business card and a Logo or sometimes they will have an amateur designer, who creates the design for them which is yet again not professional. There are a number of reasons why this is not the best of the used practices. An amateur logo design and business card can definitely cause your business more likely to be unsuccessful.

Cash is the lifeblood of any human activity. If you do not have the necessary cash, you are considered to be bankrupt in the U.S. Today, many citizens file for bankruptcy. Taking this into consideration, the U.S. government has come up with chapters to deal with bankruptcy. One of the many chapters is Chapter 7 bankruptcy. This is also called straight bankruptcy and is a liquidation proceeding. This way it saves the debtor from loosing all his assets. Moreover, it helps to give a person a fresh start in his financial career.

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Advice Pool - Numismatics are for Collectors, Not Investors

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