What Bullion Coin is a better investment the U.S. Silver Eagle or the Canadian Maple and why. If you compare the two even though face value isn't really relevant the U.S. Silver Eagle is $1.00 face Value and guaranteed .999 pure while the Maple is C$ 5.00 and guaranteed .9999 pure. The premiums are the same and in some cases a few cents cheaper on the Maple. Seems like the Maple is the better choice is it?
This really is a good question. If you are comparing apples to apples, they are the same. But at my local coin shop, you can find maples at usually a few dollars less than the ASE's...why? The only guess I can make is based on popularity. The ASE is more popular>>>which in turn increases demand>>> which in turn drives up prices. When I hang out at the local coin shop, I very rarely hear people come in asking for Maples, it is always the ASEs. But this is just my observation.
I'd say the ASE, you buy at a premium, you sell at a premium. They are very popular, more popular than the Maple Leaf. ASE all the way
I agree with t$, buy at premium/sell at premium. Although if you really NEED to sell, I would rather be able to sell closer to spot than trying to find a premium. Not everyone will give you a premium when you are looking to sell. Therefore I would go w/ Maples if you can find them for less premium.
I guess rightfully so it is agreed that Maples cost a little less than ASEs. So how much less would a one ounce silver round cost than a Maple? I've never been to a B&M coin shop. So, do they usually also sell silver rounds and gold bullion? While I'm at it one more question, do most of these coin shops also sell collectable currency?
SOme shops sell the maple leafs for more due to the extra 9. I buy 1 oz round at $1 to $1.20 or so over spot. Most shops do have bullion rounds (unless they are out) as well as currency. Alot of shops I have been to don't have much currency. YOu may have to ask when you go to a B&M.
I'd buy whatever you found the cheapest. The reason being, every coin shop I've ever been into buys silver bullion for the same price, regardless of condition, year and who made it. To them an oz of silver is just an oz of silver. So, when you plan to sell you want to get at least what you paid for it. I've said it before....bullion is bullion is bullion. Guy~
Bullion may be Bullion but apparently it's not if the prices over spot vary and they do especially on the Maples and Eagles at least to consumers who typically pay more for ASE.
True, but you asked as an investor, not a collector. Show me an investor who is paying for bullion at a premium based on type, error, or anything else. They buy bullion for the troy oz of metal, not as an investment on rarity....at least in bullion purchases. So, are you buying to invest, or are you buying to collect? They're not one in the same. Guy~
I agree with you and no strictly investment, I buy Maples vs Eagles along with some generic even though I do like the Eagle better. I just really wanted to hear others thoughts as it seems like most prefer the ASE at higher premiums so it seems like it's a more collected coin than invested coin
