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<p>[QUOTE=&quot;jolumoga, post: 1836631, member: 41780&quot;]To dig a little deeper into this issue, I will relate some supposed advantages of each that I have not covered.</p><p><br /></p><p>According to a supposed expert once interviewed by Chris Martenson, during the last PM bull market peak, around 1980, sellers of silver bullion got more for their silver from refiners than sellers of junk silver.&nbsp; When I read this, I began to diversify into bullion in case this situation ever returned.&nbsp; However, some old-timers I have purchased coins from have related to me that in 1980 demand for junk silver was very high and the prices paid for them were the same. </p><p><br /></p><p>Some doom-and-gloomers, on the other hand, believe, in the face of a currency collapse, pre-1965 silver coins from the U.S. Mint will once again be considered money, based not on the denomination but rather on silver content.&nbsp; Because the sizes of the denominations differ, they consider these coins, especially silver dimes, more practical during an economic collapse.</p><p><br /></p><p>I personally believe that junk silver has the advantage of being minted by a government entity, which gives it universal recognition and legitimacy.&nbsp; Morgan and Peace dollars are therefore recognized practically all over the world. </p><p><br /></p><p>In a collapse scenario, bullion, especially from lesser-known mints, would have to be tested to authenticate it, which might bring some inconvenience.&nbsp; While junk silver can also be counterfeited, it is much more difficult to do so given all of the unique features of each coin type.&nbsp; Plus, the Secret Service will be on your side to prevent counterfeiting of U.S. currency.&nbsp; But there is a chance that some refiners will pay a premium for bullion over junk silver in a situation similar to the tulip craze.</p><p><br /></p><p>I think when you get to the point that your ounces are in the hundreds, and not the tens, you realize that silver is silver, though numismatic (highly collectible) coins are a different story.[/QUOTE]</p><p><br /></p>

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