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Message:: [QUOTE="borgovan, post: 558494, member: 13016"]If you're going to approach it as a hobby, fine, but numismatics is best not viewed as an investment.  Regarding your specific questions: $30-$50 a month is fine. Depending on what you want to buy, you might find a little economy of scale if you make it $90-$150 every 3 months, or even $180-$300 every 6 months.  1) The best vendors from whom to purchase are those you trust. Spend time doing research to figure out what you want to buy. Do you just want .999 silver bars? If so, that's an investment, but it's not coin collecting. Perhaps you want 90% silver coins. That could be construed either way, but is really more of an investment. In this case, though, there is some numismatic value to the coins. In any case, figure out what you want to collect first. Then, ask more questions, do more research, and find reliable source(s). We can always help here. That being said, it's hard to send you somewhere if you don't know what you want to collect. If you're looking at a long term investment, the silver proof sets you mention from the mint are hit/miss. From an investment perspective, the premium on the silver is very high. From a collector's standpoint, you could get lucky and get in on a good year, or you could lose money almost immediately, depending on the mintage. Study! 2) "Bullion" is mostly reserved for .999 fine (or similar) pieces, but I've seen it used for 90% pieces. $1,000 face value bags of circulated 90% silver coins are often considered bullion investment, for instance. 3)  Your strategy is fine. As mentioned in #1 above, you just need to decide whether you're more into investing, or more into the hobby, and based on that, pick either bullion or a given coin series to pursue.[/QUOTE]

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