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On the fence - silver vs. rare coins
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<p>[QUOTE="sakata, post: 2679625, member: 23778"]What was your purpose in buying the halves? What would be your purpose in buying rare coins? You said as a hedge against inflation for the former, but was that all? Where you hoping that some day you may need some around to help pay the bills, i.e. barter with them? Halves would be easy to sell or buying things with directly. Rare coins would take time to sell. Halves would only go up at the same rate as silver, which probably be in the up direction if things are at the point where you need them. Rare coins will also go up in the long run but if things collapse (when you really need the money) they may not be as saleable.</p><p><br /></p><p>Which should you do? I don't know. But I do know that you need to understand why you even asked the question. Personally I would rather own 1000 halves (worth about $6125 melt as I type) than a single coin worth $6125. But others may very well disagree.[/QUOTE]</p><p><br /></p>
[QUOTE="sakata, post: 2679625, member: 23778"]What was your purpose in buying the halves? What would be your purpose in buying rare coins? You said as a hedge against inflation for the former, but was that all? Where you hoping that some day you may need some around to help pay the bills, i.e. barter with them? Halves would be easy to sell or buying things with directly. Rare coins would take time to sell. Halves would only go up at the same rate as silver, which probably be in the up direction if things are at the point where you need them. Rare coins will also go up in the long run but if things collapse (when you really need the money) they may not be as saleable. Which should you do? I don't know. But I do know that you need to understand why you even asked the question. Personally I would rather own 1000 halves (worth about $6125 melt as I type) than a single coin worth $6125. But others may very well disagree.[/QUOTE]
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