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<p>[QUOTE="huntsman53, post: 123118, member: 1242"]Kitco at "www.Kitco.com purchases Gold, I think at 1 percent over Spot and although I have never checked, they may purchase Silver at a similar rate! The only major problem with selling Silver to them, is that the shipping costs can be cost prohibitive. However, the "Fixed Rate" Priority Mail boxes would be the way to go as you can ship up to the maximum weight in these for one price. Of course, Insurance and Delivery Confirmation would cost extra but even then, you might get more for it from Kitco (if they buy Silver) than from a Coin Dealer ir Jewelry Shop. If it was me, I would sell to the Public at Flea Markets or set up at the smaller, local Coin Shows.</p><p><br /></p><p><br /></p><p>Frank</p><p><br /></p><p>P.S. I would like to correct and clarify some earlier statements that I made per Cloudsweepers posts! If you are purchasing coins that already have an intrinsic (collectible) value over Silver, then these are the coins that I was referring to that would not make a good investment. With the current Market trends, these are the coins in which the Silver value in them will eventually outweigh the collectible value and since they were purchased at a premium over their' Silver value, they would not be good candidates for investment. However, if you are purchasing Silver Coins such as common date and well circulated Dimes, Quarter, Halves and even Silver Dollars at below or near their' Silver value which was and may still be below their' collectible value, then these are good investments considering the current trend of the Silver Market.</p><p><br /></p><p>I did not want to steer anyone away from purchasing Silver coins as an investment! I was really trying to clarify which ones not to invest in and those are the ones that have an intrinsic collectible value that is higher than the value of their Silver content![/QUOTE]</p><p><br /></p>
[QUOTE="huntsman53, post: 123118, member: 1242"]Kitco at "www.Kitco.com purchases Gold, I think at 1 percent over Spot and although I have never checked, they may purchase Silver at a similar rate! The only major problem with selling Silver to them, is that the shipping costs can be cost prohibitive. However, the "Fixed Rate" Priority Mail boxes would be the way to go as you can ship up to the maximum weight in these for one price. Of course, Insurance and Delivery Confirmation would cost extra but even then, you might get more for it from Kitco (if they buy Silver) than from a Coin Dealer ir Jewelry Shop. If it was me, I would sell to the Public at Flea Markets or set up at the smaller, local Coin Shows. Frank P.S. I would like to correct and clarify some earlier statements that I made per Cloudsweepers posts! If you are purchasing coins that already have an intrinsic (collectible) value over Silver, then these are the coins that I was referring to that would not make a good investment. With the current Market trends, these are the coins in which the Silver value in them will eventually outweigh the collectible value and since they were purchased at a premium over their' Silver value, they would not be good candidates for investment. However, if you are purchasing Silver Coins such as common date and well circulated Dimes, Quarter, Halves and even Silver Dollars at below or near their' Silver value which was and may still be below their' collectible value, then these are good investments considering the current trend of the Silver Market. I did not want to steer anyone away from purchasing Silver coins as an investment! I was really trying to clarify which ones not to invest in and those are the ones that have an intrinsic collectible value that is higher than the value of their Silver content![/QUOTE]
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