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<p>[QUOTE="InfleXion, post: 1244047, member: 29012"]Today's YouTube video from BrotherJohnF just went over this topic (this guy is a wealth of info BTW) and he suggested 1 oz coins from the Perth mint, which I completely agree with having bought some last weekend. Although you can get them cheaper from APMEX or Gainesville Coins than the Perth Mint. </p><p><br /></p><p>His reasons are as follows:</p><p>1) Counterfeitability - 1 oz coins are much harder to counterfeit. They have an easy weight test and a ring test. The designs are also difficult to fake as compared to bars. He says he was around in the 70's, and that counterfeiting was a real concern when silver hit $50 back then, with silver coated molybdenum bars much like gold coated tungsten.</p><p>2) Premium - Premiums tend to grow in percentage due to #3, which he illustrated with his 2009 purchase of lunar silver Tigers. So even though you pay a little more now, you will get a lot more later. This however is under the assumption that demand remains high.</p><p>3) Rarity - This goes in tandem with #2, but specifically with the Perth Mint coins they are only created if someone orders them. So they are especially good on the rarity factor.</p><p>4) Strong Hands - Having something with rarity and a premium means that when the market dips you retain a lot more of your value than generic silver, and you won't get scared out of the market so easily. Makes it easier to hold through the bumps.</p><p>5) Confiscation - Not sure I totally agree with this one, but he indicated a 1 oz coin is a lot less likely to be confiscated than a larger bar if that came to pass. 6) Liquidity - This was not on his list like #'s 1-5, but I am adding this one because I also like 1 oz bars for the reason it's easier to do an exact trade than if you have larger bars. This is also a good reason to have some junk silver. </p><p><br /></p><p>His primary recommendation was the 2011 Koalas because of the affordability for how rare they are, and the detailed design. </p><p><br /></p><p>I would add though, that had I not already had other silver I probably wouldn't have been as inclined to pay such premiums for coins which were more for the collector in me than the investor. </p><p><br /></p><p>Ultimately what I prefer is a very diverse holding of silver to cover all angles. When I first got into silver I went for mostly generic bars and rounds because no premium paid means no premium to lose, but his case is a compelling one.[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 1244047, member: 29012"]Today's YouTube video from BrotherJohnF just went over this topic (this guy is a wealth of info BTW) and he suggested 1 oz coins from the Perth mint, which I completely agree with having bought some last weekend. Although you can get them cheaper from APMEX or Gainesville Coins than the Perth Mint. His reasons are as follows: 1) Counterfeitability - 1 oz coins are much harder to counterfeit. They have an easy weight test and a ring test. The designs are also difficult to fake as compared to bars. He says he was around in the 70's, and that counterfeiting was a real concern when silver hit $50 back then, with silver coated molybdenum bars much like gold coated tungsten. 2) Premium - Premiums tend to grow in percentage due to #3, which he illustrated with his 2009 purchase of lunar silver Tigers. So even though you pay a little more now, you will get a lot more later. This however is under the assumption that demand remains high. 3) Rarity - This goes in tandem with #2, but specifically with the Perth Mint coins they are only created if someone orders them. So they are especially good on the rarity factor. 4) Strong Hands - Having something with rarity and a premium means that when the market dips you retain a lot more of your value than generic silver, and you won't get scared out of the market so easily. Makes it easier to hold through the bumps. 5) Confiscation - Not sure I totally agree with this one, but he indicated a 1 oz coin is a lot less likely to be confiscated than a larger bar if that came to pass. 6) Liquidity - This was not on his list like #'s 1-5, but I am adding this one because I also like 1 oz bars for the reason it's easier to do an exact trade than if you have larger bars. This is also a good reason to have some junk silver. His primary recommendation was the 2011 Koalas because of the affordability for how rare they are, and the detailed design. I would add though, that had I not already had other silver I probably wouldn't have been as inclined to pay such premiums for coins which were more for the collector in me than the investor. Ultimately what I prefer is a very diverse holding of silver to cover all angles. When I first got into silver I went for mostly generic bars and rounds because no premium paid means no premium to lose, but his case is a compelling one.[/QUOTE]
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