Message:

<p>[QUOTE=&quot;Coinman_Ben, post: 693720, member: 9923&quot;]you can buy whatever you want, I&#039;m just saying that when I buy American Silver Eagles for my collection, I buy them for their silver content.&nbsp; In other words, I buy them to invest in silver, I don&#039;t look for rare verities when I buy silver eagles because when I buy them, I seek to invest in silver, not to engage in the hobby of coin collecting, I buy wheat pennies, Mercury dimes and other coins that were meant to be collected and/or used in circulation at the time of their minting when engaging in the hobby of coin collecting.&nbsp; Now if I were to find a 2008 ASE with the reverse of a 2007 ase and the person selling it was asking much less for it than I&#039;ve seen them sell for, I&#039;d consider buying it and selling it quickly at a profit, but if I&#039;m buying silver to add to my silver holdings long term, that&#039;s when buying slabbed bullion is a waste because when silver prices skyrocket, the slabbed bullion and the error american silver eagles such as the 2008 with the 2007 reverse, although, they&#039;ll still be worth more than the non-slabbed, non error ASEs, they won&#039;t go up nearly as much on a percentage basis as their non-slabbed, non error counterparts.&nbsp; </p><p><br /></p><p>By that, I mean that if you had $1000 and you wanted to invest in silver, you&#039;d make alot more money if silver went to $50/ounce if you were to buy 50 non-slabbed, non-error ASEs for $20 apeice than if you were to buy 10 2008 ASEs with the 2007 reverse for $100 apeice, especially if the 2008 ASEs with the 2007 reverse only goes to $150-200 in that senario, which would leave you with $1500-$2000 upon their sale, whereas the sell price for the regular ASEs without the slab could be sold for at least $50 each if silver goes to $50 per ounce, which if you had 50 of those, that would bring in $2500.&nbsp; That&#039;s why I don&#039;t buy slabbed bullion, but if you enjoy buying buying rare varieties such as the 2008 ASE with the 2007 reverse, than go for it, it&#039;s your collection, you know what you enjoy, I&#039;m just saying that when I buy ASEs, it&#039;s for the silver content and that I don&#039;t like paying big premiums over the silver content for my bullion, which is what I consider my ASE purchases to be.[/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