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<p>[QUOTE=&quot;Azpatriot, post: 1261998, member: 32979&quot;]Red Book Value on the Morgan 91.20 on the Peace 64.80, while I am sure the owner of the local shop made a profit and I might have gotten it off ebay for $5-10 less I don&#039;t think I took it up the backside purchasing something almost 100 years old with a pricetag $27 over spot.</p><p><br /></p><p>Everything in this world is perception...the bullion of today becomes the collectable 50+ years later. A Morgan silver dollar is junk silver that was at one time bullion and currency...If you took a 100 year old Morgan that was mint and a mint 2011 Eagle put it in front of somebody which one would they take? I don&#039;t see much use in buying graded modern bullion (except I personally love the cameo eagles). Most everything that comes out of the mint this year is near perfect...all this MS or PF 70 stuff is nothing more then a marketing gimmick; however the older something get&#039;s and the better condition it is in the higher the perceived value will be. </p><p><br /></p><p>I suppose the obvious trick is to find older bullion selling as close to spot price as possible as perhaps it might hold value a bit more than the actual spot value. I do know the difference between the two as I have just plain old maple leafs and eagles, I just look at it as a way to be a bit more open to all the markets as I do not know when I go to retire if spot value will be in the drivers seat or premium items will be in the lead.</p><p><br /></p><p>I figure that versus blowing money on bricabrac that will make its way to the garbage dump 10 years later I will be in better shape taking that money and buying silver in various forms once I go to retire.[/QUOTE]</p><p><br /></p>

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