Message:

<p>[QUOTE=&quot;Blaubart, post: 1990934, member: 37498&quot;]Any time I can find genuine Morgans/Peace dollars for less than spot plus 10%, I jump on them.&nbsp; It happens every now and then, but not too often, and less often now that silver is down from where it was recently.&nbsp; I view doing so as a safer buy than buying other forms of bullion, because even common dates should realize some numismatic premium if silver drops dramatically.</p><p><br /></p><p>Even if silver drops below $1/oz, I can&#039;t see people spending Morgan/Peace dollars to buy groceries any more than you see people spending Indian head cents and Buffalo nickels today.&nbsp; But if silver is below $1 an ounce, then run of the mill silver rounds will certainly trade for under $1.</p><p><br /></p><p>If the price of silver continues downward, you&#039;ll likely see the dollar amount of premiums stay the same or even increase.&nbsp; On the flip side, if silver goes up, you&#039;ll probably see the premium stay the same or decrease, which means other forms of silver bullion would have been a better choice.</p><p><br /></p><p>Considering that random date Morgans/Peace dollars sell pretty easily on ebay starting at $25, buying them for $18 each (just over spot plus 30%) doesn&#039;t sound like too bad of a deal.&nbsp; If you had the inclination, you could probably even turn a small profit flipping them.</p><p><br /></p><p>All that being said, which would be more fun to hand to your kids in 15 years?&nbsp; A one ounce silver round from some silver company, or a 150 year old coin?&nbsp; The answer of course is: Both!&nbsp; <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />[/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