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<p>[QUOTE=&quot;fatima, post: 1040323, member: 22143&quot;]The 2010 Silver Proof Quarter set (5 quarters) from the US Mint contains 0.90423974724 oz of silver.&nbsp; It also contains a nominal amount of copper by value so I will ignore that.&nbsp; I will also ignore any future numismatic value on this set.&nbsp; You can order these from the mint with very little overhead, little risk, and they don&#039;t add a penalty for credit cards.&nbsp; Price of these coins does not change. </p><p><br /></p><p>A bullion Silver Eagle of course contains 1 oz of silver.&nbsp; However it can only be purchased through a dealer which first has to add the mint surcharge and then their own profits to the price of silver.&nbsp; i.e. the price of this coin is determined by spot + markup.&nbsp; </p><p><br /></p><p>So, if you buy 10 silver proof sets from the US Mint, your cost is this:</p><ul> <li>$334.45 (includes shipping)</li> <li>This is for 9.0423974 troy ounces of silver</li> <li>Cost/Oz = $36.98</li> </ul><p>If you by 10 Silver Eagles from Apmex (Ag = $27.38/oz)</p><ul> <li>$345.10 (includes shipping &amp; CC charges)</li> <li>This is for 10 troy ounces of silver</li> <li>Cost/Oz = $34.51</li> </ul><p>What happens to Silver Eagle if Ag rises to $30/oz</p><ul> <li>$372.11 (uses Apmex surchg/coin of $4.19 + shipping)</li> <li>Cost/Oz = $37.21</li> </ul><p><br /></p><p>This is a $2.47/oz difference this weekend with the Silver Eagle still a better buy.&nbsp; However,&nbsp; the 2010 silver quarter proof set begins to become an interesting option for bullion investors if prices continue to rise&nbsp; If silver rises to ~$29.50 then the 2010 Proof Quarter set breaks even with the Silver Eagle in this example.&nbsp; When&nbsp; Ag = $30/oz, then the 2010 quarter set is clearly the better deal. </p><p><br /></p><p>Of course there are many ways to slice this deal, but it&#039;s an example of why bullion investors should watch fixed prices for numismatic products.&nbsp; Of course if this happens, expect the US Mint to announce they have sold out of the 2010 set as they did with 2009 a few weeks ago when the silver price exceed their price for the set.&nbsp; (6 quarters for less)</p><p><br /></p><p>IMO, I will add that one should expect some better than average numismatic value on this 1st year of a 10 year series.&nbsp;&nbsp; Series collectors love the silver quarter sets because it allows one to participate in the hobby at relatively low cost.[/QUOTE]</p><p><br /></p>

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