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<p>[QUOTE="huntsman53, post: 122809, member: 1242"]Mojavedave,</p><p><br /></p><p>In general, many Silver coins are not always a better investment than Silver as they seldom rise very much in value when the price of Silver goes up! Sure, their' Silver content can increase in value and actually be worth more than the collectible value of the coin itself!</p><p><br /></p><p>For Example: Let's say you purchased a common 1899-O Morgan Silver Dollar in AU condition for $20 today, Silver is at $11.49 an ounce and the Silver Dollar currently has around $8.89 worth of Silver in it. Now lets say that Silver goes to $60 an ounce by December. You check out all of the Price Guides for the value of your 1899-O Morgan Silver Dollar but they now say that it is worth only $25 while the Silver in the coin is now worth $40.41 ... You can opt to take the $25 for the coin or sell it for it's Silver value and opting for the latter, you have made $20.41 on the coin. Now, if you had purchased an Engelhard one ounce Silver bar today instead of the Silver Dollar at a cost of $13.00 and sold it when Silver hit $60 an ounce, then you would have made $47 ... However, Engelhard one ounce Silver Bars almost always retail higher than Silver itself, so you could probably sell it for $62 to $63 which actually makes your profit $49 to $50 ...</p><p><br /></p><p><br /></p><p>Frank[/QUOTE]</p><p><br /></p>
[QUOTE="huntsman53, post: 122809, member: 1242"]Mojavedave, In general, many Silver coins are not always a better investment than Silver as they seldom rise very much in value when the price of Silver goes up! Sure, their' Silver content can increase in value and actually be worth more than the collectible value of the coin itself! For Example: Let's say you purchased a common 1899-O Morgan Silver Dollar in AU condition for $20 today, Silver is at $11.49 an ounce and the Silver Dollar currently has around $8.89 worth of Silver in it. Now lets say that Silver goes to $60 an ounce by December. You check out all of the Price Guides for the value of your 1899-O Morgan Silver Dollar but they now say that it is worth only $25 while the Silver in the coin is now worth $40.41 ... You can opt to take the $25 for the coin or sell it for it's Silver value and opting for the latter, you have made $20.41 on the coin. Now, if you had purchased an Engelhard one ounce Silver bar today instead of the Silver Dollar at a cost of $13.00 and sold it when Silver hit $60 an ounce, then you would have made $47 ... However, Engelhard one ounce Silver Bars almost always retail higher than Silver itself, so you could probably sell it for $62 to $63 which actually makes your profit $49 to $50 ... Frank[/QUOTE]
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