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<p>[QUOTE="medoraman, post: 3208019, member: 26302"]You just touched on one of the trickiest areas for those who are coin collectors and yet also wish to invest in bullion. This is where most fail IMHO. The two things should be COMPLETELY separate. </p><p><br /></p><p>Most tend to start buying bullion, then get used to "collecting" them. This then justifies ever increasing premiums over melt because they want a particular coin for "the collection". Premiums for collectibility have no place in bullion investing, because it is wasted assets that could have gone to buy more bullion. Most of these premiums for special privy marks, etc will be valueless if bullion goes up. Best to concentrate on most ounces for your money of a readily accepted form to sell. This means you can pay premiums for ASE or similar over bars since you should receive this premium back when you sell because it makes the bullion more recognizable. However, a scarce date ASE is a waste of money for bullion money because if silver spikes to $50 the premium for this date will most likely disappear. </p><p><br /></p><p>Myself, I collect a lot of coins. My bullion, though, is typically in the form of junk US silver, all denominations. I am not tempted to "collect" it, and concentrate on the most ounces per bullion dollar I can get. </p><p><br /></p><p>I am not saying its easy to not succumb to the "scarcer" bullion attraction. I stated most do it. It is, in my opinion, at odds with the intent of buying bullion to me. Now, if you tell me that this money is for your coin enjoyment, and you love collecting silver bullion pieces, then by all means go collect and god bless. Just do not lie to yourself and tell yourself you are making an "investment". You aren't, its hobby money.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 3208019, member: 26302"]You just touched on one of the trickiest areas for those who are coin collectors and yet also wish to invest in bullion. This is where most fail IMHO. The two things should be COMPLETELY separate. Most tend to start buying bullion, then get used to "collecting" them. This then justifies ever increasing premiums over melt because they want a particular coin for "the collection". Premiums for collectibility have no place in bullion investing, because it is wasted assets that could have gone to buy more bullion. Most of these premiums for special privy marks, etc will be valueless if bullion goes up. Best to concentrate on most ounces for your money of a readily accepted form to sell. This means you can pay premiums for ASE or similar over bars since you should receive this premium back when you sell because it makes the bullion more recognizable. However, a scarce date ASE is a waste of money for bullion money because if silver spikes to $50 the premium for this date will most likely disappear. Myself, I collect a lot of coins. My bullion, though, is typically in the form of junk US silver, all denominations. I am not tempted to "collect" it, and concentrate on the most ounces per bullion dollar I can get. I am not saying its easy to not succumb to the "scarcer" bullion attraction. I stated most do it. It is, in my opinion, at odds with the intent of buying bullion to me. Now, if you tell me that this money is for your coin enjoyment, and you love collecting silver bullion pieces, then by all means go collect and god bless. Just do not lie to yourself and tell yourself you are making an "investment". You aren't, its hobby money.[/QUOTE]
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