God. I can't afford 40 bucks. Are these a good investment. Tell me more. Will i regreat it if i don't some how dig up 40 bucks
I assume he is talking about the silver Presidential medals. They are a terrible investment at the price, but I am going to get the Washington medal and then decide if I like them enough to keep going. https://catalog.usmint.gov/george-w...ver-medal-S801.html?cgid=presidential#start=1
Thanks. If they were 1 oz silver or something, I might consider it. But it looks like they aren't. That is a terrible deal.
Yes they are 1 oz of silver. The bronze medals only cost $7. This silver medals cost $40 which is $7 less than an uncirculated ASE, but I don't really see any numismatic value for medals like this in the future so unless the price of silver rises dramatically, it looks to be a terrible investment idea.
They are medals. And of course they are a terrible investment, they aren't supposed to be an investment.
The one thing that could be a good investment is buying the forgotten presidents. Most people will want the big 10 or so, and maybe their favorite in their lifetime. Having no mintage limit is a plus because that will lower the orders - people order more if it is a limited mintage, they won't order if they think there will be 5 million - see the 1999-S Silver proof set. So James Buchanan in silver might be the sleeper.
Back in 2004/2005 (I think) they did a Nickle/Peace medal thingy. I bought both issues at the time, but I always questioned why they (the mint) didn't mint the medal in silver, rather than 'silver plating' the issue. It was totally deficient to me. I may pick up a few of these new mint issues..........
I was going to buy the Washington at the ANA show yesterday, but they were all sold. Oh well I saved $39.00. No, I'm not ordering one from the Mint.
