Investing in silver coins, mostly for bullion

Discussion in 'Coin Chat' started by Dimedude2, Feb 8, 2019.

  1. Dimedude2

    Dimedude2 Member

    Hello, are any of you accumulating pre 1964 silver coins particularly for bullion value? any thoughts right now on investing?
     
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  3. Jmis

    Jmis Active Member

    I’m not really a stacker but I prefer 90% silver. I try to complete rolls of different 90% as coin collector first, silver stacker second.
     
  4. Dimedude2

    Dimedude2 Member

    I think with lower silver prices, it is decent time to buy.
     
    Two Dogs and alurid like this.
  5. Gilbert

    Gilbert Part time collector Supporter

    Do what makes you happy. If you think this is a good time to buy silver, then have at it.
     
    Dimedude2 likes this.
  6. Dimedude2

    Dimedude2 Member

    Not go crazy, but do it when it when the opportunity comes up
     
  7. Hookman

    Hookman Well-Known Member

    I buy silver, coins mostly, all the time, for as little as I can pay for it, basically as close to or under, melt.
    Flatware,
    Napkin rings,
    Thimbles,
    Jewelry,
    Coins.
    If it's silver and it starts at less than melt. I'm on it.
     
    Histman likes this.
  8. Histman

    Histman Too Many Coins, Not Enough Time!

    Ditto That!
     
  9. Maxfli

    Maxfli Well-Known Member

    Buy low, sell high. That's all there is to it.
     
  10. Clawcoins

    Clawcoins Damaging Coins Daily

    @Bman33 has gone this route in the past. He knows the ins & outs of it ... saw him lurking earlier.
     
    Bman33 likes this.
  11. Dimedude2

    Dimedude2 Member

    It is going to be interesting to sort this out.
     
  12. Bman33

    Bman33 Well-Known Member

    I’ve gone many routes on silver. Generics only (rounds and bars), US Government issue 90% only, ASE’s only and now I do e’m all because they have their advantages. It’s all about where I can get the best deal. I have 2 dealers I go to, websites I like (Provident, JM Bullion, EBay), and I have 2 avenues to sell. Getting 90% junk under melt is my favorite and those opportunities do arise every couple of months for me. I got a lot at 9xFace recently. In my perspective silver under $17 is a good buy. One thing I like to do is buy Morgans that have wear and cost under $20. It’s fun to collect different dates and mints but not have to pay high premiums.
     
    SilverMike, -jeffB, Two Dogs and 4 others like this.
  13. Collecting Nut

    Collecting Nut Borderline Hoarder

    I'll buy whatever is cheaper silver. Silver Dollars, Rounds or Bars, Junk Silver, etc.
     
    Hookman likes this.
  14. Hookman

    Hookman Well-Known Member

    Someone said that by saying this, that I'm giving up my "strategy".
    I say, What strategy? It's just common sense.
     
    Collecting Nut likes this.
  15. Dimedude2

    Dimedude2 Member

    I bought pretty much junk silver pre 1964 coins - and the Washington quarters are circulated for sure.
     
  16. Lutok

    Lutok New Member

    Silver has gone from around 14 to a little less than 16 since November. It was around 17 last summer and then dropped 18% in three months. I wouldn't rush to plunge into to it now. If you don't have any, sure get some but there no telling which way it will go from here.
     
  17. Hookman

    Hookman Well-Known Member

    You're right, but if you're in at 14 -17 then you're sittin' pretty when it goes over 20...as it surely will eventually.

    I'm not a short timer.
     
  18. Bambam8778

    Bambam8778 Well-Known Member

    I like to snatch up a silver war nickel roll from time to time and I won't pass down any other silver if it's below melt. You'd be a fool not to at these prices!
     
    Seattlite86 and Hookman like this.
  19. Packrat

    Packrat Well-Known Member

    Why does everyone say pre 1964 rather than pre 1965?
     
  20. enamel7

    enamel7 Junior Member

    I was thinking the same thing!
     
    Hookman likes this.
  21. Two Dogs

    Two Dogs Well-Known Member

    I like BU/AU JFK and BF halves at around 11X face.
     
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