I think this is a fair question, but haven't answered it, because I feel that junk silver is just as good of an investment as a ASE. I'm waiting to hear from the ASE crowd to see what price would be a good compromise to actually make that purchase. I don't think the answer is "no price, ASE's are simply the best," because if someone offered 90% junk silver for face value, I doubt anyone would say it was priced too expensive or they didn't want it because they would only get 90% of 12X face value.