New here (America Silver eagles collector)

Discussion in 'Bullion Investing' started by bgkentucky123, Jun 9, 2016.

  1. Comixbooks

    Comixbooks Active Member

    Buy 100oz bars and a $30,000 ray gun to make sure they are authentic.
     
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  3. Victor

    Victor Coin Collector

    I like the tenth ounce gold.
     
  4. Pawnmonkey

    Pawnmonkey -----so easy even a monkey can do it-----

    I don't view silver as an investment but rather as a store of value. As stated previously, silver probably won't shoot up in value nor drop significantly. I see it as a relatively risk free way of saving money that you would have otherwise used elsewhere. And ASE's are pretty to look at, much unlike old baggies laying around drawers.
     
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  5. bgkentucky123

    bgkentucky123 Member

    Would you agree that quantitative easing and inflation continue to go up? My uncle says "if Hillary gets elected its good for my silver."
     
  6. Pawnmonkey

    Pawnmonkey -----so easy even a monkey can do it-----

    I try to keep my religious and political views to myself, makes for better and happier friendships. But in my most humblest of opinions I truly believe that silver and gold will ultimately turn out to be wise areas to have money tied up in. Like i said, not as an investment but rather a store of value.
     
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  7. bgkentucky123

    bgkentucky123 Member

    What better investments are there besides physical silver, a Roth IRA, or emerging markets? I don't trust in paper. Not after we lost the farm in 08.
     
  8. DUNK 2

    DUNK 2 Well-Known Member

    You're on two very different ends of the spectrum, or maybe all over the spectrum (which isn't necessarily bad).

    Best advice. . . You should consult with a REPUTABLE financial advisor who can work to understand your situation and make appropriate recommendations.
     
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  9. bgkentucky123

    bgkentucky123 Member

    I've talked to many people that work on wallstreet and if any of them give you an absolute than I'll show you a liar.

    IMHO financial advisers are well paid gamblers and smell of Purell. Short of a farm with ample room for vegitables, I believe that physical silver is the way to go.

    Thoughts?

    Please don't give an answer simply to justify your own investments. Thank you kindly.
     
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  10. DUNK 2

    DUNK 2 Well-Known Member

    Nope, no more thoughts. Best of luck.
     
  11. CB1981

    CB1981 New Member

    Cascade summed it up the best. This guy is beating a drug addiction. Collecting baseball cards from the 90's would be a better investment than throwing perfectly good cash at drugs.

    If ASE's satisfies that addiction then go for it! You will be much better off in the long run!
     
    Cascade likes this.
  12. Honest-Ab

    Honest-Ab Member

    Welcome, you might find that a pile of ASE's gets boring, then you spot a pretty Walker, and before you know it, you're no longer a stacker, you've become a collector. It's more fun, believe me. And, it may also be an investment. At least that's what I tell my wife.
     
  13. Cascade

    Cascade CAC Grader, Founding Member

    Let's have some fun with the op. Here's when an ase is worth 10x the going rate of a normal one :)

    33252008_large.jpg
     
  14. Santinidollar

    Santinidollar Supporter! Supporter

    A reputable financial adviser will not give you absolutes. He or she will give you a large number of options, then you decide based on your tolerance for risk. One who does give you absolutes, such as I will give you a 10 percent return if you just give me your money, is the one to run, not walk away from.
     
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  15. bgkentucky123

    bgkentucky123 Member

    My family invested with fidelity and did not see a large return. Also that ase looks artificially toned?
     
  16. Cascade

    Cascade CAC Grader, Founding Member

    Definatly not. This is one of the progressions ase's produce from albums or those small rectangle cardboard holders inside those 3"x2" plastic clamshell cases. This one toned in a Littleton album over a 10yr period. I have 4 other years in pcgs plastic with this deep blue rim toning. Going for the whole set :) but they can run $100-250 when you find one
     
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  17. mill rat41

    mill rat41 Member

    Seems your dealer already clued you in on one of the drawbacks to stacking: the buy/sell price spread. Right now, you are 20% in the hole, even if spot prices are steady.
     
  18. SilverMike

    SilverMike Well-Known Member

    Welcome! I agree with others' comments and think it is wise to add silver slowly to account for the variation in spot. I have silver as a small part of my overall investment but see one major advantage to ASEs is their liquidity. I don't expect to double my money, but diversity leads to an overall better portfolio.
     
  19. Honest-Ab

    Honest-Ab Member

    Collect/invest/liquidity. Interesting words. I have a friend who collects toasters. He has spent more for a toaster than I have for an ASE. When we pass on, who's daughter is going to have the better chance of easily liquidity their respective collection? Something I think about.
     
  20. Cascade

    Cascade CAC Grader, Founding Member

    You might like to see my set kentucky. This is a complete set of both business strikes and proofs to 2006 minus the 95w of coarse...

    20151123_20151120_074437_opt-1.jpg 20151123_20151120_074451_opt.jpg 20151123_20151120_074504_opt.jpg 20151123_20151120_074524_opt.jpg 20151123_20151120_074532_opt.jpg 20151123_20151120_074541_opt.jpg
     
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  21. green18

    green18 Unknown member Sweet on Commemorative Coins

    Shades of Bernie.........
     
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