The Correct Way To Buy Silver (imo)

I think the correct way to buy silver is get the most bang (oz) for the bucks. going for numismatic value is a different outlook. you can do both but they are not the same way to invest. in a shtf you want to be more on the bullion side i think.

 

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I bought them for $2.10 per set in 1962

 

Wow, now that's a better "correct way." :thumb:

 

Wasnt the lady you married cheeper TO WED at that time also?
Cmon silver is way up from the 60s.

 

I dunno. If you'd bought the Dow in 1962, every $2.10 you bought then would now be worth something like $37.

And as long as we're sending advice into the past, you could've bought the sets in 1962, sold them during the spike in 1980, gone back into the Dow at its low in 1982...

 

I hope you're not getting sucked into the "unopened premium" for these sets as the Mint did not seal the envelopes closed on these sets when they were issued.

 

For how many years did they do that, not seal the envelopes?

 

I've been buying a bunch of proof sets as well, same kinda idea. For instance, just landed 2 1960 sets for $48 shipped, and the coins are nice. I've gotten some decent finds in the sets I've gotten so far, including a few 1956 Type 1 Franklins, and a bunch of cameos which are nice. I eventually plan on breaking out the coins grading some and making sets with the rest.

 

The last year they used envelopes was in 1965 with the first release of the SMS sets. All of my 57-64 proof sets, and 65 SMS set are in envelopes from the Mint, and none of them were sealed when received by my grandfather, as evident by the glue on the flap is still intact.

 

If I could make accurate predictions that far into the future I'de be a trillionaire investing in the stock market.

 

You did real good with twelve-hundred dollars. Should sell for eighteen-hundred. Advertise them at $36.50

and see what happens. Might take a year to sell and if silver takes off melt those buzzards !