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<p>[QUOTE="1970 Silver Art, post: 970621, member: 18828"]I started out just buying plain gold and silver bullion in January 2007 and just bought the usual stuff but I turned in to a silver art bar collector in August 2008 and I started to look at my collection as something that I like to do. </p><p> </p><p>My silver art bars are not an investment to me because I am very emotionally attached to my collection. I true investor is not supposed to be emotionally attached to their investments. </p><p> </p><p>The only time that I really care about spot price is when I go to the local coin shop or the local coin show and I want to see what premium over spot that I will be paying. For me spot does not matter but the premium that I pay over spot does matter to me a lot especially when I am buying silver art bars because I want to pay the lowest premium over spot. </p><p> </p><p>People buy gold and silver for different reasons. Some buy it for preserving wealth. Some buy it as an investment and have strategies on how to make money on it. Some people buy gold and silver as prepping for an Armageddon scenario and think that gold and silver will become money again. Some people, such as myself, just buy gold and silver to collect certain coins and bars and do not care about profit. They enjoy just looking at it and researching what they can about a particular gold or silver coin.[/QUOTE]</p><p><br /></p>
[QUOTE="1970 Silver Art, post: 970621, member: 18828"]I started out just buying plain gold and silver bullion in January 2007 and just bought the usual stuff but I turned in to a silver art bar collector in August 2008 and I started to look at my collection as something that I like to do. My silver art bars are not an investment to me because I am very emotionally attached to my collection. I true investor is not supposed to be emotionally attached to their investments. The only time that I really care about spot price is when I go to the local coin shop or the local coin show and I want to see what premium over spot that I will be paying. For me spot does not matter but the premium that I pay over spot does matter to me a lot especially when I am buying silver art bars because I want to pay the lowest premium over spot. People buy gold and silver for different reasons. Some buy it for preserving wealth. Some buy it as an investment and have strategies on how to make money on it. Some people buy gold and silver as prepping for an Armageddon scenario and think that gold and silver will become money again. Some people, such as myself, just buy gold and silver to collect certain coins and bars and do not care about profit. They enjoy just looking at it and researching what they can about a particular gold or silver coin.[/QUOTE]
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