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<p>[QUOTE="cladking, post: 5151673, member: 68"]Right now the best deals are foreign coins (especially 720 to 925) and low mintage art bars from the '70's. You can pick up FM anything for way less than it should be worth. </p><p><br /></p><p>A lot of the best deals might be dependent on melting in the future and it might never happen. Imagine what things like the FM train set of bars would be worth if there were more demand than supply! This could happen even without melting but the only thing stopping most of this material from far higher prices is the huge overhang of supply. Things like FM's beautiful locomotive ingots had a mintage of only 3,763 and probably fewer than 3000 sets survive. The demand is probably limited to a several hundred to couple thousand world wide if these were well known. I believe bidding would be pretty spirited if there weren't stacks of this sort of thing sitting at every coin shop and every smelting furnace. </p><p><br /></p><p>There is lots of oddball stuff out there as well. Things like baggies full of Honduran Lempiras from the 1930's simply can not be common. The combination of time, low mintage, melting, and wide spread dispersal should make such finds almost impossible. Remember most of the foreign silver being bought by weight by wholesalers for the last 70 years has been melted and especially in 1979 and 2008 to date. Coins that are typically encountered in worn condition are not being protected by collectors so low mintages can mean low survival rates. </p><p><br /></p><p>Holding silver in such form when purchased at a discount probably entails little risk in the long term other than the risk of silver dropping. Of course there are great opportunities to trade when silver drops as well. If you save the right stuff it maintains its collector value and you can trade it for far more silver than it contains. Right now with a little finagling and lots of work you could probably set aside large numbers of '43-D war nickels for little over $1 each. But before this run up they were worth $1.25 each so if the price drops to $10 you might be able to trade 5 or 6 of them for an ounce of silver. Just be sure what you trade them for has some sort of potential. War nickels by the way are an interesting speculation. If you have access to a nice old hoard you might want to consider sorting out high grades and the five better dates to save and dump the rest. So many of these have been melted that wholesalers are paying a large premium for coins like the '44-S in Good or better condition. These are all far lower grades than you might think and many of them won't make G. </p><p><br /></p><p>It can be hard to actually trade but I've done a lot of it. I prefer to wait until I see prices declining and am confident it will continue for a week or two. I sell the stuff with the increasing premium and then buy back better silver a week or two later. This will usually wipe out the buying and selling costs or at least help defray them. </p><p><br /></p><p>Good luck. </p><p><br /></p><p>I'm a big fan of silver and years of disappointment has had little effect on that. I believe silver is the very best bet on the genius and ingenuity of man. Gold is insurance and a little should be set aside but silver is a "sure" bet.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 5151673, member: 68"]Right now the best deals are foreign coins (especially 720 to 925) and low mintage art bars from the '70's. You can pick up FM anything for way less than it should be worth. A lot of the best deals might be dependent on melting in the future and it might never happen. Imagine what things like the FM train set of bars would be worth if there were more demand than supply! This could happen even without melting but the only thing stopping most of this material from far higher prices is the huge overhang of supply. Things like FM's beautiful locomotive ingots had a mintage of only 3,763 and probably fewer than 3000 sets survive. The demand is probably limited to a several hundred to couple thousand world wide if these were well known. I believe bidding would be pretty spirited if there weren't stacks of this sort of thing sitting at every coin shop and every smelting furnace. There is lots of oddball stuff out there as well. Things like baggies full of Honduran Lempiras from the 1930's simply can not be common. The combination of time, low mintage, melting, and wide spread dispersal should make such finds almost impossible. Remember most of the foreign silver being bought by weight by wholesalers for the last 70 years has been melted and especially in 1979 and 2008 to date. Coins that are typically encountered in worn condition are not being protected by collectors so low mintages can mean low survival rates. Holding silver in such form when purchased at a discount probably entails little risk in the long term other than the risk of silver dropping. Of course there are great opportunities to trade when silver drops as well. If you save the right stuff it maintains its collector value and you can trade it for far more silver than it contains. Right now with a little finagling and lots of work you could probably set aside large numbers of '43-D war nickels for little over $1 each. But before this run up they were worth $1.25 each so if the price drops to $10 you might be able to trade 5 or 6 of them for an ounce of silver. Just be sure what you trade them for has some sort of potential. War nickels by the way are an interesting speculation. If you have access to a nice old hoard you might want to consider sorting out high grades and the five better dates to save and dump the rest. So many of these have been melted that wholesalers are paying a large premium for coins like the '44-S in Good or better condition. These are all far lower grades than you might think and many of them won't make G. It can be hard to actually trade but I've done a lot of it. I prefer to wait until I see prices declining and am confident it will continue for a week or two. I sell the stuff with the increasing premium and then buy back better silver a week or two later. This will usually wipe out the buying and selling costs or at least help defray them. Good luck. I'm a big fan of silver and years of disappointment has had little effect on that. I believe silver is the very best bet on the genius and ingenuity of man. Gold is insurance and a little should be set aside but silver is a "sure" bet.[/QUOTE]
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