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