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<p>[QUOTE="jolumoga, post: 1836856, member: 41780"]That's what I consider to be a "good problem." I think, though you are optimistic in your posts about the U.S. economy, you are as prepared as any doom-and-gloomer, judging by the very nice coins you have posted recently.</p><p><br /></p><p>Again, we have to bear in mind that 1980 was not a full-bore collapse. In a collapse scenario, I think junk silver would also be liquid and useful. I diversified into bullion in case I need to sell to refiners some day in the future, though. You are not the only one who states they paid more for bullion. Given their concerns over purity, this makes sense.</p><p><br /></p><p>Junk silver and semi-numismatic coins are a hedge in a down market, though. When the silver market collapsed in the last couple of years, Morgan and Peace dollars (average circulated and better) retained much of their value. In an up market, premiums are said to drop.</p><p><br /></p><p>In my case, I have hedged by buying both junk silver and bullion, and I have further hedged by investing in numismatic (highly collectible) silver. I am about to move away from silver due to concerns about space, so gold and then paper assets are my next likely investments.[/QUOTE]</p><p><br /></p>
[QUOTE="jolumoga, post: 1836856, member: 41780"]That's what I consider to be a "good problem." I think, though you are optimistic in your posts about the U.S. economy, you are as prepared as any doom-and-gloomer, judging by the very nice coins you have posted recently. Again, we have to bear in mind that 1980 was not a full-bore collapse. In a collapse scenario, I think junk silver would also be liquid and useful. I diversified into bullion in case I need to sell to refiners some day in the future, though. You are not the only one who states they paid more for bullion. Given their concerns over purity, this makes sense. Junk silver and semi-numismatic coins are a hedge in a down market, though. When the silver market collapsed in the last couple of years, Morgan and Peace dollars (average circulated and better) retained much of their value. In an up market, premiums are said to drop. In my case, I have hedged by buying both junk silver and bullion, and I have further hedged by investing in numismatic (highly collectible) silver. I am about to move away from silver due to concerns about space, so gold and then paper assets are my next likely investments.[/QUOTE]
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