Do slabs make bullion coins more valuable?

Do you collect old silver commemoratives?

Like the 90% silver 1920s-1930s half dollar state commemoratives?

 

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I think a lot of people like the protection of the slabs. I know I am one and a couple others have mentioned it as well.

By “buy the coin not the slab” I think what is meant is that the slab shouldn’t be the main reason you buy the coin. I mean a lot of times the only choices of particular coins are all slabbed. If I go into my local coin store and say “I’d like an MS 1884 CC Morgan Dollar” he would have a lot of slabbed ones and probably not a single unslabbed BU one. But if you see two slabbed coins and one with a lower grade looks better than one with a higher grade get the one that’s lower graded. But that would require learning to grade that stuff.

As for me a slab just ensures my clumsy self won’t damage a valuable piece of history by dropping it.

Because I know I will drop one eventually. It will happen.

As a matter of fact a slabbed coin does seem less likely to be dropped than a raw coin in one’s hands.

Especially the tiny coins like the gold $0.25 pieces.

No one can say “for sure” that they know 100% that they will never ever accidentally drop a coin. No one is perfect and accidents happen.

 

Umm, especially if your smoking while coining around . 78 days, no cigarettes . Just saying . LOL .

 

I just gotta wash my hands xD.

 

No, G3B, moderns like WWI and WWII and the National Park Foundation Saint-Gaudens reproductions.

Plus, some animal silvers.

Basically, I'll buy anything if I like the picture on it. If silver goes to $50, I'll probably break-even on most of them.

 

Ahh gotchya those are cool too!

I don’t even think about price when I buy silver. I don’t plan on selling it for decades. I think demand for solar energy (and the silver used to make it work) will skyrocket due to trying to prevent global warming. I also think demand will rise with AI & more computers being bought and used.

If I had to guess I would say due to inflation alone silver will hit $100/oz by 2050-2055.

Then again if silver is $100/oz but a gallon of milk is $50 then I lost wealth even though the price is higher as 1/oz of silver ($27) could buy more than 2 gallons of milk today.

Maybe gold & silver should be compared to what you can actually buy with them rather than to each other.

Like how many gallons of milk or loaves of bread can 1 oz of silver by year by year.

If silver is $27/oz and a gallon of milk is $5 then it’s roughly 5.4:1.

Or how many bullets or bushels of wheat can 1 oz of gold buy.

 

Understand.....if silver is $25 (and it was probably lower when I bought some of my stuff) and I paid $65 for MS69's and $90 (or more) for MS70's.....I'm going to need a BIG rise in silver to overcome those premiums.

I understand this. These pieces are quasi-investments, more like art where I bought them for what I like. I have no intention of selling....maybe my heirs will sell them ...but if I was "investing" in silver (or even speculating) I'd make sure the coins or bars or whatever I was buying was closer to the bullion price, for sure.

 

Wait $65 for 69s and $90 for 70s??

Are you talking about Silver Eagles?

I see shops selling the MS69s for $50 and the 70s for $65.

 

No, I think I bought an MS69 DCAM last year at this time for about $50. But even that had to be 2x the market price of silver.

My figures were for the Saint-Gaudens commemoratives....high reliefs and reverse proofs.

Sounds about right. Like I said, if I was investing $1,000 in silver I just wouldn't buy 20 of the 69's....maybe 1 of them, maybe 1 of the 70's, the rest in ASEs or silver that was as close to the price of bullion.

Just want any newbies reading this thread to understand that if silver goes up 4-fold from here, it's UNLIKELY that coins bought at a premium will go up 4-fold as well.

 

What do you think about the proofs?

I actually love the way a proof ASE looks. They are beautiful!

I have a 1988, 1990 and a V75 proof silver eagles with the box & coa and I look at them all the time .

Except the V75 cause knowing me something would go wrong.

 

For 1 or 2, sure, I'll buy 'em. But again...in my example....I wouldn't buy 20 of them IF I was buying those coins a a silver play.

Hold it over carpeted flooring so if you drop it, nothing happens to it.