johnomerta
Sr. Member
If you were going to buy a roll of one of the above what would be your best investment for the future?
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I agree with thrillathahunt. If the paper dollar collapses and you need to use your Silver to buy food nobody is going to care if it's slabbed or not.Morgan and Peace $'s are my choice for a couple of reasons. They are very liquid and can hold their intrinsic value when metal prices fluctuate. I am talking about PCGS or NGC graded common date uncirculated coins...not bullion. Prices are reasonable with gold and silver at this level...I also like the historical value of coins unlike the Eagles. Be careful buying uncirculated Dollar rolls, they are not graded BEWARE! Shop around and pick up some nice Morgan and Peace Dollars individually graded and enclosed in slabs and just put them away...My two cents
I thought we were talking about an investment for the future? not the end of the world.I agree with thrillathahunt. If the paper dollar collapses and you need to use your Silver to buy food nobody is going to care if it's slabbed or not.
We are but "value" can change for alot of reasons. I have no idea what it costs to have a coin graded & slabbed but last I knew it wasn't dirt cheap. I simply don't see the sense in paying that extra money for "common date" coins which is what the other guy suggested. Let's say the cost of slabbing is $20. Does it make sense to do that with a $30 coin ? Does it turn it into a $50 coin ? No. I have been collecting coins since the 60s and aside from the top 3 or so Morgans I have a nearly complete collection so I'm not just blowing smoke here. I'm not a prepper and don't think the world is coming to an end. I gave my opinion. I never said everyone has to agree with it.I thought we were talking about an investment for the future? not the end of the world.
There probably isn't 20 of those! If there is, you may need 10 million or so to get them.I'd buy like 20 of these.
True but in a SHTF scenario how do you make change when buying things with Silver bars ? Common date US 90% Silver coins are the way to go in that situation since they are readily available and recognized all over the world and available in units as small as a dime.While common Date circulated Morgans, not AG coins (can be purchased at about $7.00 or less over the value of the Silver they contain), are a better investment versus buying Silver Eagles which sell for a much high premium (generally sell for about $10.40 to $15.40 over their' Silver value), they are still not the best investment! If you want to purchase Silver as an investment and not pay an arm and a leg over Silver Spot, then purchase Silver Bars from Silvertowne, Kitco or another well respected Refiner. Many of these companies have specials and you can sometimes purchase Silver Bars from them from under $2.00 over Spot upwards to $3.00 over Spot and some of these companies even offer Free Shipping. If the economy goes to hell and you have to rely on Silver to make needed purchases, in such times, no one will give you a bonus over the Silver value of your' items based on any intrinsic (collectible) value of an item over the value of the Silver the items contain.
Frank
While common Date circulated Morgans, not AG coins (can be purchased at about $7.00 or less over the value of the Silver they contain), are a better investment versus buying Silver Eagles which sell for a much high premium (generally sell for about $10.40 to $15.40 over their' Silver value), they are still not the best investment! If you want to purchase Silver as an investment and not pay an arm and a leg over Silver Spot, then purchase Silver Bars from Silvertowne, Kitco or another well respected Refiner. Many of these companies have specials and you can sometimes purchase Silver Bars from them from under $2.00 over Spot upwards to $3.00 over Spot and some of these companies even offer Free Shipping. If the economy goes to hell and you have to rely on Silver to make needed purchases, in such times, no one will give you a bonus over the Silver value of your' items based on any intrinsic (collectible) value of an item over the value of the Silver the items contain.
Frank
You've got to find a better place to buy your silver! My LCS sells eagles at $3 over spot at most, Morgans usually are $5 over spot and Peace dollars are usually $4 over spot.
I thought we were talking about an investment for the future? not the end of the world.
How is this a deal with Silver currently right around $20 an oz ?Then your LCS must be buying them from individuals that are taking a serious loss as the cost a lot more over spot if buying them directly from the U.S. Mint. Uncirculated American Silver Eagles around here, generally go for $35 to $45 depending upon the Date and no Semi-Key or Key Dates. You can sometimes get a deal at $30 each if buying in bulk.
Frank
Silver dimes aren't 90% Silver just like everything else ? Cool the rest of ya please avoid them so I can buy them cheap..Laughing out loud!
Maybe one should buy for both situations , like buying common silver dimes for the end of the world sit, ..
Davers
True but in a SHTF scenario how do you make change when buying things with Silver bars ? Common date US 90% Silver coins are the way to go in that situation since they are readily available and recognized all over the world and available in units as small as a dime.