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<p>[QUOTE=&quot;satootoko, post: 155854, member: 669&quot;]Are you absolutely, positively, without any shadow of a doubt, convinced that the price of silver is going to continue climbing?</p><p><br /></p><p>Bulk lots of silver coins are worth their weight in silver - no more, no less.&nbsp; They have been searched, researched, and searched again for high grade examples, key dates and collectible varieties, so there will be very few, if any, numnismatically valuable coins mixed in.</p><p><br /></p><p>That means that a dealer will buy $100 bags of Mercs at 80-90% of the day-of-sale value of 72.34 ounces of silver (1,000 coins times .07234 troy ounce actual silver weight), and sell them at 105-120% of that amount.&nbsp; Either way you will bear the cost of shipping unless you make personal delivery or pick up.</p><p><br /></p><p>Depending on how much you actually have invested, your present $50,000 horde represents an investment gain or loss, but it isn&#039;t really a &quot;collection&quot; IMHO.&nbsp; </p><p><br /></p><p>Your post makes it clear that you have not invested in any books and have not invested any time in library research, so your financial results depend 100% on luck.&nbsp; </p><p><br /></p><p>Spend some time reading the very informative posts at this forum; visit other internet sites such as the ones listed <a href="http://www.cointalk.org/forumdisplay.php?f=33" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.cointalk.org/forumdisplay.php?f=33" rel="nofollow">&gt;&gt;here&lt;&lt;</a>; buy and study some books on coins and collecting; focus on some aspect of numismatics that appeals to you; and you will become a true coin <i>collector</i> and earn all the joys of that status.</p><p><br /></p><p>Alternatively, spend some time reading up on commodity investments, futures, and precious metal investing, and become an educated investor who has a reasonable chance of finding joy in the increase in value of his investment.</p><p><br /></p><p>The choice is yours, and depending entirely upon your own personality, hopes and desires, either one may prove to be your correct life path.&nbsp; </p><p><br /></p><p>Just don&#039;t confulse the two paths, as that&#039;s a highway to disaster.</p><p><br /></p><p>BTW,&nbsp; <img src="http://www.cosgan.de/images/more/schilder/142.gif" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /> to Cointalk Dan.[/QUOTE]</p><p><br /></p>

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