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Silver eagle's OR Morgan dollar's ???
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<p>[QUOTE="xCoin-Hoarder'92x, post: 2077291, member: 72758"]The majority of my silver is in Morgan Dollars. Wide variety of dates from 1879-1921. About 20% of my silver is in bullion and ASE's.</p><p><br /></p><p>I made sure I didn't get what many consider "junk" - more than half of my Morgans are in the XF plus (some AU) category. No rare years but in general Morgan Dollars long term won't stay close to spot. When the coins enter the 150-175 year old mark I just can't imagine them selling like they are Rounds or ASE's. I just don't see this in the cards. These are also one of the most collected coins in America. The popularity alone is something that could change prices in the <b>long term</b>. I have foreign silver coins that are barely 100 years old and they sell for 3-4x spot price already. Some of those coins have mintage similar to Morgans. </p><p><br /></p><p><br /></p><p><br /></p><p>I definitely wouldn't blow <b>all </b>of my life savings on precious metals. I'm the type to "gradually" get into silver. Keep adding to my holdings instead going all out on one purchase. I average a budget of maybe $200 / month on my coin collecting / investing. If perhaps I were to win a lottery or slot machine or whatever, I'd probably blow all of that on stacks of silver/gold. But that's a different story altogether. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie58" alt=":jimlad:" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="xCoin-Hoarder'92x, post: 2077291, member: 72758"]The majority of my silver is in Morgan Dollars. Wide variety of dates from 1879-1921. About 20% of my silver is in bullion and ASE's. I made sure I didn't get what many consider "junk" - more than half of my Morgans are in the XF plus (some AU) category. No rare years but in general Morgan Dollars long term won't stay close to spot. When the coins enter the 150-175 year old mark I just can't imagine them selling like they are Rounds or ASE's. I just don't see this in the cards. These are also one of the most collected coins in America. The popularity alone is something that could change prices in the [B]long term[/B]. I have foreign silver coins that are barely 100 years old and they sell for 3-4x spot price already. Some of those coins have mintage similar to Morgans. I definitely wouldn't blow [B]all [/B]of my life savings on precious metals. I'm the type to "gradually" get into silver. Keep adding to my holdings instead going all out on one purchase. I average a budget of maybe $200 / month on my coin collecting / investing. If perhaps I were to win a lottery or slot machine or whatever, I'd probably blow all of that on stacks of silver/gold. But that's a different story altogether. :jimlad:[/QUOTE]
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Silver eagle's OR Morgan dollar's ???
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