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Should I buy a couple of silver coins .999 or usmint 2010 or 11 silver proof sets??
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<p>[QUOTE="isaiah58, post: 1119451, member: 29459"]90% coins cost the refiner more to melt, so they are worth less than .999 coins/bars/rounds after you adjust for silver content. A reliable Local Coin Shop (LCS) will have a smaller premium on junk 90% silver than on .999. The ones charging the same are taking advantage of you IMHO. They will not pay the same for them when the buy for example. My LCS calculates their junk 90% prices based on the coins silver content, plus a small premium. For example, when I paid $30 for a 1 oz bar I could buy 2 halves for $22.30.</p><p><br /></p><p>The advantage of ASE's is you are paying a small premium to protect your investment, a form of insurance. ASE's are Legal Tender. Shops pay more for them, the extra premium is covered when you sell. It is the same when you see people paying more for Englehard or J&M bars/rounds than for generics.[/QUOTE]</p><p><br /></p>
[QUOTE="isaiah58, post: 1119451, member: 29459"]90% coins cost the refiner more to melt, so they are worth less than .999 coins/bars/rounds after you adjust for silver content. A reliable Local Coin Shop (LCS) will have a smaller premium on junk 90% silver than on .999. The ones charging the same are taking advantage of you IMHO. They will not pay the same for them when the buy for example. My LCS calculates their junk 90% prices based on the coins silver content, plus a small premium. For example, when I paid $30 for a 1 oz bar I could buy 2 halves for $22.30. The advantage of ASE's is you are paying a small premium to protect your investment, a form of insurance. ASE's are Legal Tender. Shops pay more for them, the extra premium is covered when you sell. It is the same when you see people paying more for Englehard or J&M bars/rounds than for generics.[/QUOTE]
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Should I buy a couple of silver coins .999 or usmint 2010 or 11 silver proof sets??
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