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<p>[QUOTE="adric22, post: 1607820, member: 38146"]About 6 months ago I got the idea to start giving my 9-year old a silver coin each week along with her allowance. The silver is not to be spent, rather saved. I purposefully have not given her anything that has a face-value to it (such as junk silver, etc) because I'd be worried she'd wind up spending it at Wal-Mart or something like that. Most of what I've given her has been generic 1/10 ounce silver bullion coins, which I'll typically buy 10 or so at a time and wind up paying $6 to $7 a piece. I try to get different designs to keep her somewhat interested. I was spending about $25 per month for this. </p><p><br /></p><p>The problem we ran into was when we adopted another child a few months ago. I suddenly found myself spending twice as much and the budget became very thin due to a variety of other new expenses that comes with a second child. So I had to scale back and started giving the kids 1-gram silver coins. Those cost me about $2.50 a piece, or roughly half what the 1/10 ounce coins cost. Even then, I'm having a bit of difficulty fitting that into the budget, especially since my wife is complaining about it. So the last few weeks I've just had to give them things out of my existing collection and I even went so low as to give them $1 esienhower coins and even some of those cheap copper bullion coins. Now to be honest, the kids don't even seem to notice the lowering of value as long as they look interesting. </p><p><br /></p><p>My original goal was that by the time my daughter became grown she'd have a few thousand dollars in silver. But that is looking less likely after the cut back. </p><p><br /></p><p>So I'm writing here looking for ideas of what to give them. I need to stay within $2 per child for the time being. I can alternate and do $1 one week and maybe $2.50 the next week. So I can still fit a 1 gram silver coin in there every other week. What are best suggestions for a coin that is approx $1 that does not have any face value? Any thoughts?[/QUOTE]</p><p><br /></p>
[QUOTE="adric22, post: 1607820, member: 38146"]About 6 months ago I got the idea to start giving my 9-year old a silver coin each week along with her allowance. The silver is not to be spent, rather saved. I purposefully have not given her anything that has a face-value to it (such as junk silver, etc) because I'd be worried she'd wind up spending it at Wal-Mart or something like that. Most of what I've given her has been generic 1/10 ounce silver bullion coins, which I'll typically buy 10 or so at a time and wind up paying $6 to $7 a piece. I try to get different designs to keep her somewhat interested. I was spending about $25 per month for this. The problem we ran into was when we adopted another child a few months ago. I suddenly found myself spending twice as much and the budget became very thin due to a variety of other new expenses that comes with a second child. So I had to scale back and started giving the kids 1-gram silver coins. Those cost me about $2.50 a piece, or roughly half what the 1/10 ounce coins cost. Even then, I'm having a bit of difficulty fitting that into the budget, especially since my wife is complaining about it. So the last few weeks I've just had to give them things out of my existing collection and I even went so low as to give them $1 esienhower coins and even some of those cheap copper bullion coins. Now to be honest, the kids don't even seem to notice the lowering of value as long as they look interesting. My original goal was that by the time my daughter became grown she'd have a few thousand dollars in silver. But that is looking less likely after the cut back. So I'm writing here looking for ideas of what to give them. I need to stay within $2 per child for the time being. I can alternate and do $1 one week and maybe $2.50 the next week. So I can still fit a 1 gram silver coin in there every other week. What are best suggestions for a coin that is approx $1 that does not have any face value? Any thoughts?[/QUOTE]
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