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<p>[QUOTE=&quot;InfleXion, post: 1260458, member: 29012&quot;]Since you are just getting your feet wet my recommendation would be to start with more generic bullion so you can avoid some of the premiums. I agree that premiums could get wiped out by base price and are a wildcard with resale value. Proof coins are nice, and if you like to collect them there&#039;s nothing wrong with that (I do my share), but if your goal is wealth preservation you could get cheaper silver like Buffalo rounds or generic bars. Junk silver (1964 and older US dimes, quarters, halves, morgans and peace dollars) is 90% silver and is something I would consider part of a &#039;mixed bag&#039;, although you do have a good variety. </p><p><br /></p><p>You should be able to pick up generic rounds and bars for $1-$2 over spot if you shop around, where as I am not seeing Silver Eagles or Maple Leaves for less than $4-$5 over. Philharmonics are usually a little cheaper than those two, but not much. I do like the Maples because of 99.99% purity which is required for solar panels. Junk silver you can usually buy at spot price because of its 90% content, but it also has less resale value. Some people would argue that the premiums will increase with resale value, and I would agree with that in the short term, but I don&#039;t think the premiums will ultimately outpace the base price.[/QUOTE]</p><p><br /></p>

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