Message:

<p>[QUOTE=&quot;Detecto92, post: 1607843, member: 75105&quot;]The problem your running into is the fact your buying fractional bullion, which carries high premiums. $7 for a 1/10 oz of silver might sound cheap, but consider your paying $70 for an ounce of silver in the long run, that&#039;s twice as much.</p><p><br /></p><p>Now think 10 years ahead, when your daughter goes to cash it in, maybe to get a car, or to go to college, she is going to take a major loss on it. Although she didn&#039;t pay for it, she personally is not going to get a good return for <i>your </i>investment. </p><p><br /></p><p>You worry about your daughter spending face value...well what would keep her from taking the silver and selling it to her friends? I was 9 years old once, and I would of gladly coughed up a dollar for a real silver coin.</p><p><br /></p><p>Here is my advice.</p><p><br /></p><p>Buy rolls of mercury dimes, they can be had often for close to melt. Keep them somewhere where she can&#039;t get to them. However keep in mind in a couple years she will be 11, and although I don&#039;t know your child, an 11 year old should know not to spend/sell something when told not to do so. Do this for the other kid, I can&#039;t give any input because I don&#039;t know the age. </p><p><br /></p><p>Not only are you giving your child silver coins, they also have history behind them. To a 9 year old, silver coins from WWII and before sounds a heck of a lot cooler than just silver coins.</p><p><br /></p><p>Also, buy your kid a red book, if you haven&#039;t yet. Teach them the importance of mintage figures, and how the condition of the coin relates to value. Who knows, maybe after a few rolls you may get a 16-D in your findings.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in