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Buying Morgan's as scrap silver
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<p>[QUOTE="Cloudsweeper99, post: 1431207, member: 3011"]For someone with a very long time horizon, the stock market will most likely outperform silver. An index fund will do. But if your heart is set on buying silver, I would recommend American Silver Eagles. They cost a bit more to buy, but will be easier to sell for spot or better than scrap, which frequently sells for an enormous discount to the spot price. And as she gets older, the beauty of the ASE will impress her more than a worn old coin. As a potential bonus, someday the US Mint will discontinue the ASE series, and when that happens it is possible that every ASE will begin to accrue at least some numismatic premium because the supply will be fixed but the demand will continue to rise.</p><p><br /></p><p>As will all statements about future value, this is only my opinion. Nobody knows for sure what will work out best.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 1431207, member: 3011"]For someone with a very long time horizon, the stock market will most likely outperform silver. An index fund will do. But if your heart is set on buying silver, I would recommend American Silver Eagles. They cost a bit more to buy, but will be easier to sell for spot or better than scrap, which frequently sells for an enormous discount to the spot price. And as she gets older, the beauty of the ASE will impress her more than a worn old coin. As a potential bonus, someday the US Mint will discontinue the ASE series, and when that happens it is possible that every ASE will begin to accrue at least some numismatic premium because the supply will be fixed but the demand will continue to rise. As will all statements about future value, this is only my opinion. Nobody knows for sure what will work out best.[/QUOTE]
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Buying Morgan's as scrap silver
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