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<p>[QUOTE=&quot;kaparthy, post: 5546, member: 57463&quot;]&quot;What kind of advice do you guys offer as a ceiling for silver in this bull market, and what coins are best for investments.&quot;&nbsp; </p><p><br /></p><p>Common date, US 90% silver coins, 1964 and earlier.&nbsp; This is what is listed on the Chicago spot prices.&nbsp; You can buy and sell them at coin stores.&nbsp; Bullion bars (ingots) are fine as far as they go, but they do not seem to go quite as far as US junk silver.</p><p><br /></p><p>&quot;Should one look for the numismatic hedge by buying Morgans &amp; Peace Rolls or perhaps Walking Liberties or Franklins, and if so should BU rolls be the best short-term investment, or the less expensive circulated rolls?&quot;</p><p><br /></p><p>That is about three or four questions.&nbsp; </p><p>(1) Do not confuse numismatics with bullion.&nbsp; Buy one or the other.&nbsp; Your dealer will SELL you Mercs and Walkers at a premium but most likely will not buy them at a premium. </p><p><br /></p><p>(2) Silver Dollars are a special case.&nbsp; Everyone likes them.&nbsp; They only have 0.7 oz of silver but sell for much more than bullion -- even though they are mostly as common as dirt.&nbsp; Everyone likes them.&nbsp; If you can get a good price on them, fine, but realize that your dealer can buy more than you can carry any time he wants, so if you intend to sell them at a profit, it has to be to another retail buyer, or a long ways down the road.&nbsp; I know of guys in the automotive factories who would buy Morgans retail by the roll for say $10 each and sell them one up on the shop floor for $20 each.</p><p><br /></p><p>(3) BU rolls are attractive because Date and Mint collectors need BU coins.&nbsp; Also with the craze in errors and varieties, you never know what you can find.&nbsp; Of course, this assumes that the rolls are &quot;fresh&quot; and not picked over.&nbsp; Maybe they are, maybe they are not, and maybe you have a better eye or more knowledge than the last guy.&nbsp; Again, though, if you buying BU Rolls, then that&#039;s what you are buying, and the bullion value is more like the bullion value in a 1909 Cent Type Set.</p><p><br /></p><p>The best general advice is always to hedge your bets by spreading your investments. Checking, savings, CDs, mutual funds, selected stocks, ... silver, gold,... coins, stamps, etc., common, rare, etc.,... education and training,... home, land, rental properties,... car, truck,...&nbsp; Take care of your money and it will take care of you.</p><p><br /></p><p>In order to profit, you have be willing to sell NOW and watch it rise and wish you had waited before you watch it fall and are glad you did not wait.&nbsp; One rule of thumb is to sell portions at intervals and reinvest the profits in something else entirely.&nbsp; So I have heard...</p><p><br /></p><p>&quot; I&#039;ve collected mostly proof and mint sets in the past ...&quot;</p><p><br /></p><p>Nice coins.&nbsp; Any cameos from the 1950-1970 era?[/QUOTE]</p><p><br /></p>

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