Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
New to collecting silver, have a few questions about 90% junk vs silver bars
>
Reply to Thread
Message:
<p>[QUOTE="Jsvand5, post: 1815469, member: 58411"]I am looking into buying a few ounces a month to one day give to my son. I figure if I buy a few oz a month he will have a lot of weight by the time he is an adult. I have found 5 oz silver bars from silvertowne for around $114 with free shipping. Seems like a pretty good deal to me. Then I see sites selling $10 face vaule of junk silver for between $165 up to $185. Since $10 face has 7.15 oz silver that would be between $23 and 25.80 an oz before taking shipping into account. The 5 oz bars come out to about $22.90 an oz with free shipping. Is there any advantage to buying the coins over the bars? Seems to me the bars would be the way to go but I wasn't sure if collectors preferred the junk coins for some reason?</p><p><br /></p><p>I'd love to be able to buy gold instead but even the 1/10th oz coins are a little more than I would like to spend per month and I figured that my son would be better off with 40-50 lbs of silver when he is an adult compared to maybe a pound of gold. </p><p><br /></p><p>Thanks for any help and suggestions.[/QUOTE]</p><p><br /></p>
[QUOTE="Jsvand5, post: 1815469, member: 58411"]I am looking into buying a few ounces a month to one day give to my son. I figure if I buy a few oz a month he will have a lot of weight by the time he is an adult. I have found 5 oz silver bars from silvertowne for around $114 with free shipping. Seems like a pretty good deal to me. Then I see sites selling $10 face vaule of junk silver for between $165 up to $185. Since $10 face has 7.15 oz silver that would be between $23 and 25.80 an oz before taking shipping into account. The 5 oz bars come out to about $22.90 an oz with free shipping. Is there any advantage to buying the coins over the bars? Seems to me the bars would be the way to go but I wasn't sure if collectors preferred the junk coins for some reason? I'd love to be able to buy gold instead but even the 1/10th oz coins are a little more than I would like to spend per month and I figured that my son would be better off with 40-50 lbs of silver when he is an adult compared to maybe a pound of gold. Thanks for any help and suggestions.[/QUOTE]
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
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
New to collecting silver, have a few questions about 90% junk vs silver bars
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...