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<p>[QUOTE="berneck1, post: 842515, member: 24201"]After 25 years of not collecting coins since I was a kid, I got back into it when I decided to start buying some gold and silver in the last year. I too was outraged at the premium I had to pay for the SAE's. However, the more I read up on them, the more I realized that premium will largely stay with them. So, if I ever some day sell them, there will most likely be a premium to me over spot. Although, I would never bank on anything as a sure thing.... </p><p><br /></p><p>I found a good way to buy silver in addition to the SAE's is to buy the 1964 Kennedy's in bulk. They are largely in excellent condition, easily recognizable and you can get them at a much tighter premium to spot price.... IMHO It's probably better to diversify your gold and silver, anyway. I buy junk coins, modern gold and silver Eagles, Buffalo Gold, and various pre-1933 gold, walking liberty halves, etc. </p><p><br /></p><p>My strategy, however, is that I don't pay too much of a "numismatic premium". I really enjoy looking at coins, and TO ME an AU-55 to MS-60 coin is pretty damn nice, and they don't demand too much in the way of a premium for many of them. I'm able to enjoy coin collecting, but also invest for an uncertain future. </p><p><br /></p><p>I'm much more interested in hedging against inflation, or outright market collapse than I am for numismatic value, investing this way allows me the best of both worlds....The person who buys the MS-65 Walking Liberty Half for $3000 is in it purely for collecting. Whereas I would buy an MS-60 for $100. If the "stuff" hit the fan, which I really think it will in the next 10 years, what do you think both of those coins will be worth? The exact same amount![/QUOTE]</p><p><br /></p>
[QUOTE="berneck1, post: 842515, member: 24201"]After 25 years of not collecting coins since I was a kid, I got back into it when I decided to start buying some gold and silver in the last year. I too was outraged at the premium I had to pay for the SAE's. However, the more I read up on them, the more I realized that premium will largely stay with them. So, if I ever some day sell them, there will most likely be a premium to me over spot. Although, I would never bank on anything as a sure thing.... I found a good way to buy silver in addition to the SAE's is to buy the 1964 Kennedy's in bulk. They are largely in excellent condition, easily recognizable and you can get them at a much tighter premium to spot price.... IMHO It's probably better to diversify your gold and silver, anyway. I buy junk coins, modern gold and silver Eagles, Buffalo Gold, and various pre-1933 gold, walking liberty halves, etc. My strategy, however, is that I don't pay too much of a "numismatic premium". I really enjoy looking at coins, and TO ME an AU-55 to MS-60 coin is pretty damn nice, and they don't demand too much in the way of a premium for many of them. I'm able to enjoy coin collecting, but also invest for an uncertain future. I'm much more interested in hedging against inflation, or outright market collapse than I am for numismatic value, investing this way allows me the best of both worlds....The person who buys the MS-65 Walking Liberty Half for $3000 is in it purely for collecting. Whereas I would buy an MS-60 for $100. If the "stuff" hit the fan, which I really think it will in the next 10 years, what do you think both of those coins will be worth? The exact same amount![/QUOTE]
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Hey Im new to this whole silver thing..
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