For the same price, looking at it as both an investment and numismatic perspective, which would you rather have? 2 Rolls ($20 total) Silver State quarter proofs (no 1999's) 1 Roll ($10 total) year 2000 and newer silver Kennedy half proofs 1 Roll 2011 ASE's 1 Common-date Proof Franklin Half dollar OR 1 2006 Proof Gold Buffalo
I would have to say the 2006 Gold Buffalo just because of the items listed, only this and the ASE's fit into what I am collecting now. If I were to give advice to someone looking into both numismatic and investment perspective, I'd have to say the state quarters just because it SEEMS like they would be easier to flip. Good question. I can't wait to see how others answer.
#1 - $520 value #2 - $260 value #3 - $720 - $760 value #4 - huh? #5 - $1,450 value Please explain how your question asks "for the same price'" cause that's confusing?
the silver, worth about $1500 sell value where the gold is worth less, silver is growing faster right now. Also, you can sell of blocks of the silver if you want so it has more diversity I would say.
Oh! Hahaha. I thought that was a bit of a weird comparison. NOt knowing much about the Buffalos yet, I thought you were talking about a fractional or something. Since that's the case, then I'd go for the silver. You get more coins and when the time comes to sell, you can sell like stocks. Little by little as you go.
If I had $1400 or so to spend on coins, I’d pick neither…. I would go shopping for a few choice Morgan’s. As the years go by, I’m not much into any of the modern stuff. Guess I'm not much fun.
I would go -- have been continuing to go, in fact -- with the silver. More volatile than gold, and on an upswing right now. It remains to be seen whether I'll have the discipline to sell when it's time; I sold a quite a bit this weekend, but I've already replaced a good chunk of it (at a 15% discount from what it sold for).
I'd rather go with the silver, you get a lot more for your money coin wise but it depends on your tastes and what you are currently try to accomplish. Gold will be my last collection I try and complete and only when gold corrects itself and comes nack to normal. But I'd LOVE to have a Buffalo and really a St Gaudens.
But we are discussing this in the Bullion section, investing in the raw value of the PM and not speculative value. In a free trade market, your Morgan's are all 90% silver and nothing more. YOu try debating with a farmer to give you more for your Morgan than for a 90% fractional of .999 and he will just point his shotgun at you and tell you to go away. Same for any barter system, which is what bullion is about. You may even find people would prefer clearly marked rounds and bars over trying to figure out what the percentage of silver is in Tender Legals.
While I do like the gold buffalo better, I'd go with the silver. If the gold/silver ratio gets back to historical norms then silver is due to come up more, plus silver has a better demand/supply ratio. It's also easier to sell since it's smaller in denomination so you get a larger range of potential buyers.