I was just wondering if anyone got sick and tired of all the white and dark spotting on silver coins and decided to buy only gold coins instead? Anyone feel that way or change their investing because of the problems with silver? Do gold coins have a lot less condition problems than silver? Actually I think paper currency has the least problems Anyone have problems with paper currency? Thanks for your advice.
I've changed my collection around a number of times but it really hasn't been due to spots on silver coins. Mainly it's about changing the picture for me. Meaning I like to change my collection around. Budget wise it makes for more interesting collection strategies. I have a few bills but I really don't collect paper.
really good question. really good thread. i personally started with silver as a stacker. mainly bars, bullion eagle and maples.when i hit a "weight" goal, i began my numismatic collection. I wanted a specific amount of silver in case of, well you know, like a TEOTWAWKI event. As I started accumulating, and reading, and learning, I realized over time, silver can be an investment in addition to its main role as a store of value/purchasing-power. i always had a small family started coin collection, and i noticed that i gravitated towards certain types of coins. the common theme in all of them being that they contained a precious metal. i only collect silver and gold coins now. in reality, the only silver coins I collect are those that continue a set, for example, had to pick up the West Point 2 coin Eagle set because I collect the eagle sets. and the burnished eagle, etc but that got old and being that i usually become obsessed with things i like, i wrapped that up in a relatively short period of time. now i go after low population gold. lowest mintage 1/10 bullion eagle, 1/10 proof eagle, 1/10 burnished eagle...then the same for 1/4, then 1/2, etc etc.....and only in MS70 or PR70. thats another thing - i only buy graded perfect 70 gold. graded for two reasons, the first being i refuse to buy counterfeit floogaysies. the second being, in my experience, only the highest grade coins appreciate at an investment quality rate. i do the same for gold maples too. and i only buy it if i am getting a ridiculously good deal. discipline in waiting for a deal is the hardest lesson i taught myself.
