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<p>[QUOTE="DrStrangelove, post: 62010, member: 793"]It's certainly possible silver could shoot up in the next few years. I still have more silver left that I could sell if that happened. But, historically, sliver is pretty high right now.</p><p><br /></p><p>See chart 1792-Present: <a href="http://www.kitco.com/scripts/hist_charts/yearly_graphs.cgi" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.kitco.com/scripts/hist_charts/yearly_graphs.cgi" rel="nofollow">http://www.kitco.com/scripts/hist_charts/yearly_graphs.cgi</a></p><p><br /></p><p>I bought when silver was at $5 and sold when it was $7. Thats a pretty good return. Especially when you consider that the last time silver was this high was 20 yrs ago. </p><p><br /></p><p>I also collect coins. But I don't consider that speculation. Like most collectables, they aren't makeing any more of them <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /> Well bought coins will tend to go up over time. </p><p><br /></p><p>If you want to buy silver now and you can find Maple leafs for $7 or $7.50, buy them. That's a good price. But more likely, your local coin dealer will want $9 or $10 dollars for them, which is too much of a premium. Unless you just like Maples and want to make a set out of them and hold them regardless of price -they are after all a very nice looking coin. But just remember, when it comes time to sell them as a bullion piece, you're only going to get spot for them (unless you have them in a set or something. -My 1986 Silver Eagles did get me an extra dollar last week, but my 1987-1999 got me only spot.)</p><p><br /></p><p>But, if you want to buy silver now or wait till it drops down to $4 or $5 dollars, I suggest buying Englehard 10oz bars at no more then .20 cents over spot price. Good Luck![/QUOTE]</p><p><br /></p>
[QUOTE="DrStrangelove, post: 62010, member: 793"]It's certainly possible silver could shoot up in the next few years. I still have more silver left that I could sell if that happened. But, historically, sliver is pretty high right now. See chart 1792-Present: [url]http://www.kitco.com/scripts/hist_charts/yearly_graphs.cgi[/url] I bought when silver was at $5 and sold when it was $7. Thats a pretty good return. Especially when you consider that the last time silver was this high was 20 yrs ago. I also collect coins. But I don't consider that speculation. Like most collectables, they aren't makeing any more of them ;) Well bought coins will tend to go up over time. If you want to buy silver now and you can find Maple leafs for $7 or $7.50, buy them. That's a good price. But more likely, your local coin dealer will want $9 or $10 dollars for them, which is too much of a premium. Unless you just like Maples and want to make a set out of them and hold them regardless of price -they are after all a very nice looking coin. But just remember, when it comes time to sell them as a bullion piece, you're only going to get spot for them (unless you have them in a set or something. -My 1986 Silver Eagles did get me an extra dollar last week, but my 1987-1999 got me only spot.) But, if you want to buy silver now or wait till it drops down to $4 or $5 dollars, I suggest buying Englehard 10oz bars at no more then .20 cents over spot price. Good Luck![/QUOTE]
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