This time i'm going to buy a coin from my coin dealer. I got about $13 dollars saved up. And i was wondering should i buy now? Or should save up a little longer? I've wanted a silver eagle coin. Should i save up? How much will it cost?
Welcome back Ricky. The Silver Eagles will be much more than $13, as they are one ounce of silver. It really depends on what you really like. With the price of silver currently as of this posting over $42 an ounce, your money will not likely go as far than if you bought non-precious metal coins. Think about what it is you really like and find a way to make that happen.
If you are looking at buying for investment purposes, do a little homework and make a decision on what will be the best opportunity for a good return. If you just have your heart set on buying an ASE, keep on saving. You're almost a third of the way to getting one!
The coin that inspried the design of the Silver Eagle is the Walking Liberty Half Dollar. An AU or so one of them is close to what you have. But it only has .36169 oz. of silver. This one cost more but to give you an idea of what I mean.
