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Originally Posted by fusiafinch Does anybody here collect Franklin Mint ingots for silver content? I had a chance to buy at auction some Christmas ingots for melt value of the silver, so I got them. Anybody else have these? |
If it is .999 fine (stamped, looks, feels) and I like the price... I buy it... doesn't matter if it X holiday or whatever.
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Originally Posted by fusiafinch And while we're on the subject, what about Sterling silver as a bullion investment? It's .925 purity silver as opposed to .999 purity of most bullion bars. Is there a preference towards the purity, or do most people look at the silver content, regardless? |
In my experience... .999 is much preferred over anything else.
Now, if you can get Sterling at a price under Spot price value for the actual silver content and it fits your needs, then I say go for it. Sterling seems to be used more for collectible silver sets (when talking rounds, ingots)... sometimes that can actually add non-silver collectible value.
Anyway, .925 .90 .80 .50 all has its place in my holdings... if I can get the right price at the right time.
Regards,
Michael