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<p>[QUOTE="Del Pinto, post: 2075840, member: 73128"]Yeah, I'm not convinced in the "long term investment" possibilities of either unc ASEs or cull Morgans, except as Ag. There may be very slight incidental numismatic premiums for specific bullion you buy that will evaporate when you sell later at significantly higher spot Ag. Best avoid or minimize retail and/or numismatic premiums today, to sell with the greatest profit tomorrow (years in the future.) When Silver next hits $50., your Silver will almost certainly sell at Melt or close to it.</p><p><br /></p><p>If you're new to coins and bullion (and it sure sounds like the OP is):</p><p>Bullion investing works best as a DISCIPLINE - Buy Low, Sell High! Keep it as simple as possible. There's almost no room for "mixed feelings" in this particular endeavor. Avoid emotional connections to metal you accumulate, form your price targets early, stick to a plan. "Collecting" (the psychology and practice of holding as long as possible, almost regardless of price) is in many many ways antithetical to real "investing" (the psychology of trading up, for gain, as quickly as possible, etc.) - please don't confuse the two! This is a trading game, even if most here are really bullion collectors.</p><p><br /></p><p>I can imagine investing in bullion art or coins or some other niche product that might one day deliver a significant opportunistic numismatic investment return ... but a newbie isn't likely to find that with generic ASEs or "junk" Morgans. Most should be discouraged from that delusion, promptly and firmly.[/QUOTE]</p><p><br /></p>
[QUOTE="Del Pinto, post: 2075840, member: 73128"]Yeah, I'm not convinced in the "long term investment" possibilities of either unc ASEs or cull Morgans, except as Ag. There may be very slight incidental numismatic premiums for specific bullion you buy that will evaporate when you sell later at significantly higher spot Ag. Best avoid or minimize retail and/or numismatic premiums today, to sell with the greatest profit tomorrow (years in the future.) When Silver next hits $50., your Silver will almost certainly sell at Melt or close to it. If you're new to coins and bullion (and it sure sounds like the OP is): Bullion investing works best as a DISCIPLINE - Buy Low, Sell High! Keep it as simple as possible. There's almost no room for "mixed feelings" in this particular endeavor. Avoid emotional connections to metal you accumulate, form your price targets early, stick to a plan. "Collecting" (the psychology and practice of holding as long as possible, almost regardless of price) is in many many ways antithetical to real "investing" (the psychology of trading up, for gain, as quickly as possible, etc.) - please don't confuse the two! This is a trading game, even if most here are really bullion collectors. I can imagine investing in bullion art or coins or some other niche product that might one day deliver a significant opportunistic numismatic investment return ... but a newbie isn't likely to find that with generic ASEs or "junk" Morgans. Most should be discouraged from that delusion, promptly and firmly.[/QUOTE]
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Silver eagle's OR Morgan dollar's ???
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