Investing in ASE's

http://cgi.ebay.com/2006-SILVER-EAG...ryZ39488QQssPageNameZWDVWQQrdZ1QQcmdZViewItem here is a pr68 for under $250

 

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There are other places that you can get raw proof and uncirculated ASE's.....kitco and apmex are the two that I have used in the past... You will pay a lot less for Silver eagles thru these outlets than you will one of the TV crooks. that being said, you can get a premium for certified coins......I have seen complete MS69 sets selling on Ebay for 600 or so, or you can drop 400-450 for a complete set in a Dansco album. Basically it comes down to what you want, what you like, and how much you want to spend. I have no need for slabs.....the only coins that i have that are strictly collection purposes that are encased in plastic are my GSA Morgans. Good luck with your decision, and lets us know how the collection comes along

 

Hi Dave; The folks at "shop at home" do indeed provide very tempting payment options but I'd stay away from them....they charge you too much money and the shipping and handling costs are outrageous. Back a few years ago, when I was re-entering the hobby after a long hiatus, I was fooled into thinking (by them) that there was a shortage of these coins and "order them now 'cause the price is going up. Well I did order them and found out latter that I paid double for what I could actually have bought them on the major market.....!@#$%. Well ....didn't do that again; however I still tune into them from time to time because they can at times be educational....just have to get past the hype. There are many dealers that provide these coins at reasonable prices.....as for grading.....stick with raw mint state....this is one of the most beautiful coins ever struck by the US Mint and it seems to me that every example they produce is a gem (my opinion).

 

Howdy,

I concur with cloudsweeper. During the great bull market of the late 70's, gold peaked at $850 (a two-fold increase) while silver peaked around $50 (a TEN-fold increase). The historical (historical meaning ALL of recorded history), the gold to silver ratio has been between 1:15-20. Right now it's 1:55. Note that at the peak of the bull in 1980, it was 1:17.

I buy a roll of ASE every january and have for years. I also own a bunch of Maple Leafs and some silver rounds. But I've also go a pot full of my deferred comp invested in gold, silver, etc., in various ways - mutual funds, ETF's, and mining stocks. In this case, I'm also overweight silver.

BTW, gold and silver are breaking out as I write. Gold's over $700.

peace,

rono

 

Buy gold....

 

Or not.
The market for 1909-S VDB cents might increase at a faster rate than silver bullion.

I know this might sound odd, but would creating a savings account, with a guaranteed income percentage rate, be out of the question?

 

There are better ways to buy silver than SAEs. Silver rounds as close to spot as you can get are the best. I'd call Silvertowne...Mike

 

My question is this, if you buy a SAE instead of a silver round, I know that you are paying a slightly higher premium, but isn't there a better chance that the coin might go up in numismatic value as well as bullion value? The premium for a SAE is $2.05, and the premium for a silver round is $0.65. Is there a chance to make up that $1.40 numismatically?

Thanks,
David

 

My Choice of investment vehicle would be more in GOLD than silver ...
A little more outlay in the beginning but returns are better.
Throw in a little numismatic value and you can make some good cash other than just bullion value.
I have a Gold/Plat commem collection which I consider an investment. Tough to get a COMPLETE collection with the LOC's ( Library of Congress ) and the Jackies ( Jackie Robinsons' ) but long term potential is tremendous considering that they usually have a low production number. ( Gold ones that is )

 

I have about 7 or so Silver American Eagle coins, they look nice, 1oz of silver, possible increase in value in the future if silver ever climbs, hey, why not?

 

If I was in the market for bullion and/or rolls of ASE, what are some reputable online dealers people have dealt with?

Thanks!

 

I've used both Bullion Direct and California Numismatic Investments.