Message:

<p>[QUOTE=&quot;dan8802, post: 1197602, member: 28296&quot;]There are plenty of threads on this but ill give you a quick rundown. Sorry if my ideas are a little mixed around, but I hope this helps. Also keep in mind that everyone has a slightly different view on the .999 vs 90% and generic rounds/bars vs. gov&#039;t minted coins.&nbsp; Myself? I have an even mix of 90% junk silver and .999 .&nbsp; And The way I look at it, generic rounds and bars are the same thing.</p><p>&nbsp;</p><p>Really It depends on your reasons for investing. If you think you might ever need to barter, or if you think the price of silver may skyrocket, you want to be heavier in Junk silver because of the small denominations. Avoid any 1/2 ounce rounds or anything less than 1 ounce. The premiums are WAY too high generally. Junk silver fills this purpose perfectly.</p><p>&nbsp;</p><p>Personally, I hold half my silver in .999 bullion (ASE&#039;s, Maples, and Philharmonics, which ever are cheaper/ these all are gov&#039;t minted) and the other half is held in Junk silver (MOSTLY half dollars, but with a moderate mix of quarters and dimes too... The half dollars can be had in AU-uncirculated condition). I would also stack a few 5 or 10oz generic bars. I really like to diversify.</p><p>&nbsp;</p><p>If you buy your generic rounds (non mint backed) from a credible mint, you will be fine. For investing purposes I would avoid &quot;art bars&quot; (random bars with random artwork on them), unless you can get a great deal on them. Apmex rounds/bars, sunshine, NWTM, Pan Am are all fine, they are highly recognizeable and you should have little trouble selling them. somone else will have to give some other names here cause i&#039;m drawing a blank but there are many reputable names.</p><p>&nbsp;</p><p>Oh and for mostly all purposes, I have to say <u>never</u> buy graded bullion.. </p><p>&nbsp;</p><p>So in summery, Buy about half of your stack in junk silver at spot price or slightly under. Buy the other half in .999. I buy mostly gov&#039;t minted because I believe they will retain their premium when I go to sell. Plus theres no question its legit. But if you can get a good deal on generic rounds, don&#039;t be afraid to buy them.</p><p>&nbsp;</p><p>There are many benefits to buying from a local coin shop, so do your best to find one, and establish a good relationship. </p><p>&nbsp;</p><p>Also try to find a local coin shop where you can &quot;cherry pick&quot; (pick out what you want from a selection) the best looking junk silver coins with the least amount of wear (the figure .715 ounces per $1 face value figures in for wear, so if you buy almost uncirculated half dollars, your already ahead). Buy mostly half dollars (although some dealers charge more for them, most don&#039;t), and then quarters and dimes.[/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