All in on Silver ! so what incremets do you invest in ?

Discussion in 'Bullion Investing' started by mpcusa, May 15, 2017.

  1. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    In addition to the Silver i just bought in the last couple of weeks 40 generic rounds
    and a 10 oz Bar, i just ordered a 1 Kilo bar from Amex, would like to have about 750
    onces by the end of the year, so i guess we will have to see how close i can come to
    that goal, will post a pic when it comes in :)

    Just wanted to see what increments you all invest in ? like the 10 Oz feels really
    heavy in my hand and i like that :)
     
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  3. Gilbert

    Gilbert Part time collector Supporter

    To each his own. Personally, I like 90% because most people know what it is. Hand them a bar and tell them it's silver, and well ..... But I haven't bought any investment silver since 1996. Having too much fun with numismatics.
     
    brandon spiegel likes this.
  4. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Would that be like Kennedy halves and such ? havent really explored that
    avenue yet.
     
  5. Gilbert

    Gilbert Part time collector Supporter

    Yes. 1964 are 90%. 1965 through 1969 are 40% and people do "invest" in them.
     
  6. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    so would those be considered junk silver ? or would those coins still have value
    after the fact ?
     
  7. Gilbert

    Gilbert Part time collector Supporter

    I wouldn't call 40% junk, but that is just me. I am sure many people refer to it as junk.
     
  8. Gilbert

    Gilbert Part time collector Supporter

  9. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    What i kind of meant is that do those coins have any numismatic value after
    the silver content is considered ? or its just the silver alone?
     
  10. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

  11. Gilbert

    Gilbert Part time collector Supporter

    When the coin has numismatic value it is no longer junk IMHO.
     
    longarm likes this.
  12. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Awesome !! thanks again for the link, just checked it out i had no idea that
    some of those coins are worth so much, i will keep my eye open for them.
     
  13. Gilbert

    Gilbert Part time collector Supporter

    Good luck to you!
     
  14. baseball21

    baseball21 Well-Known Member

    Yes the Kennedys can and do have numismatic value in the right grades and/or dates
     
  15. sakata

    sakata Devil's Advocate

    To get back to the original question:

    There is no simple answer. Like many things diversity is the answer. Here are some of the things you can buy:

    USA 90% silver coins
    Silver rounds (1oz and larger)
    Silver bars (1oz to 100oz)
    USA 99.99% modern bullion
    World 99.99% modern bullion
    World silver coins

    Which is best? I have no idea. I have some of all. To some extent it depends on how easily you want to sell them. I don't buy rounds bigger than 1oz or bars bigger than 10oz but many do. All but the last are pretty easy to sell. I have listed them in the order I started to acquire them. It really is a matter of personal preference but I do think a mixture of all is a good idea unless you are looking for a quick turnover.
     
  16. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Starting the mix know but just found an awesome website provided by a fellow
    Member (Gilbert) above that gives value and percentage of PM in certain coins
    if you havent checked it out i highly recommend it !
     
  17. sakata

    sakata Devil's Advocate

    Been using it for years. Problem is that it is not very useful because it only works for North American coins. Plus, it gives melt value but that it in itself does not imply that you will get that for the coins if you try to sell them. There is a cost associated with separating the metals and so the greater the mix the less (as a percentage) you would get for your coins if you tried to sell them.
     
  18. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    great advice appreciate the information :)
     
  19. SilverTracker

    SilverTracker Well-Known Member

    I would like to add to Gilbert's post that 1970 JFK halves are also 40% silver.
    Also there are older foreign silver coins that contain various amounts of silver. Some actually have some very nice artistic deaigns. I especially like the Mexican and Austrian designs.
     
  20. Gilbert

    Gilbert Part time collector Supporter

    The sell price for many silver items is higher than the value you will find at the Coininflation site. For example, looking at the selling price for 90% at https://comparesilverprices.com reveals a slight premium to the value of the silver contained in the coins. Of course this is dealer selling price which is higher than their buy price, as is the case with all businesses. Prices paid in completed auctions on sites such as eBay are generally higher than those found at the comparesilverprices site, but then again at auction sites the seller pays a commission for selling, and that premium can take a big bite out of profit, assuming you are fortunate enough to have a profit.
     
  21. Daniel Lowery

    Daniel Lowery Active Member

    Selling 40% above melt is hard unless a high grade, or...in Boston. People go crazy up there for their Johnny boy coin.
     
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