Ok got $3k to spend, but how?

Should I got all silver or all gold? Or maybe a mix of both? I currently have 1oz maple, 20 ASE, and, 20 Austrian philharmonics in my cart, totals comes to $2874. Or I can drop the gold and get more ounces of silver or I can drop the silver and just get another ounce of gold?

Also why is the gold maple leaf coin cost over spot so much less than the AGE or buffalo? $40 vs $75

 

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AGEs and buffalos are more liquid than maples and hence the slight premium. People in general are more comfortable buying the American minted stuff, especially if you're in the US.

 

If I had the 3k to spend I would get a mix. Maybe even throw some platinum in there if the premiums for it aren't too bad.

 

ONLY if you are in the US. I dare say the Maple Leaves might be more liquid in another country, say Canada.

OP, personally I would buy coins with low premiums you find attractive. Might as well be a "collector" of them too, since that is the only "return" you get from PM until you sell them.

 

1oz PAMP Platinum, Rest ASEs.

 

I'd like to think that Maple Leaves are pretty liquid in this country as well.

 

Do you HAVE to spend it? How much cash do you have stashed away for an emergency?

 

I'd try to find a 1934 S peace dollar in MS 63. IF not fractional platinum and than silver libertads.

 

Not sure exactly but around $25k in the home safe is that enough?

 

That's fine then. A lot of folks asking your question have zero dollars stashed.

 

Yea but they are usually children or teenagers. Also, precious metals are fairly liquid making them a good way to avoid inflation while having an emergency fund.

 

I disagree with the Eagles over Maples comment. If I could find someone willing to sell Maples at spot, I'd buy them up like crazy... four 9s might not seem like a huge difference to three 9s, but when dealing in 100 ounce lots, that's basically a "free" $5 modern eagle.

 

Support America, Buy American! Hypothetically your advice sounds great but who is going to sell Maples at spot? In 100 ounce lots, there is $3 more worth of silver.

 

Not to mention if for some reason silver completly crashed ML have a higher face value than the ASE. I don't ever seeing that happening, but you never know. But then again if silver completly crashes like that I am sure we will have a lot more financial worries than that.

 

Yeah, that would suck. If silver crashed down to $5 an ounce I would barely have made a profit in my silver holdings.

 

i wish it would drop down to that for like a week or to id buy the whole store

 

Assuming this is cash to burn, and that you have an adquate cushion separate from this, as well as supplies and what not, I would allocate 80% to silver eagles, 15% to fractional gold eagles or maples (9999 fine, slighly better purity, and usually sealed), and 5% to fractional platinum eagles or credit suisse or pamp suisse bars, roughly. If you already have some gold and platinum I would just do all silver eagles. If you already have a lot of silver eagles then right now I like 2013 Fiji takus, 2013 Somali elephants, 2013 kookaburras, and any Candian Wildlife series close to spot.

 

all the gold you can get, silver with the leftover amount

 

how many gold eagles can you buy with 15 percent of 3k?

 

$450 worth