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<p>[QUOTE="Rono, post: 1598791, member: 6492"]Hi Mikey,</p><p><br /></p><p>There are several things to consider and no really right answer. First, lets talk premium. Right now I'm looking at 4.6% for 90% silver coin, 42% for silver dollars, 12.4% for ASEs and 7.8% for leafs and a 1 oz. round at 8.3%. Note that volume buys will always bring down the premium. Most often you want to buy with the smallest premium unless you have a specific objective or goal. Also, if you're going to want to sell them, you might stick with name brand stuff like ASEs. You can sell ASEs at McDonalds, but it can be tough selling Weasel Mint and Emporium rounds. As mentioned above, for barter type exchanges, you want mixed US 90%. If you want to enjoy some aspect of coin collecting, you can go for present day and historical silver crowns. Some very gorgeous stuff out there. If you simply want to amass vast quantities of bullion, after considering storage, you can go with larger ingots. That 100 oz. ingot painted black makes a great door stop. </p><p><br /></p><p>In my case, I've got a mix of stuff. I have ASE's by the tube, name brand 1 and 10 oz ingots, prospectors by the tube, and a few tubes of junk rounds. I'm also collecting the annual issues from the major bullion issuing contries - pandas, koalas, kooks, libertads, leafs, philharmonics, etc. And I like the older silver crowns also. </p><p><br /></p><p>Oh, and BTW, all dealers have a wholesale (buy) price and retail (sell) price. It's how all trade occurs and the difference is the vigorish. </p><p><br /></p><p>peace,</p><p><br /></p><p>rono[/QUOTE]</p><p><br /></p>
[QUOTE="Rono, post: 1598791, member: 6492"]Hi Mikey, There are several things to consider and no really right answer. First, lets talk premium. Right now I'm looking at 4.6% for 90% silver coin, 42% for silver dollars, 12.4% for ASEs and 7.8% for leafs and a 1 oz. round at 8.3%. Note that volume buys will always bring down the premium. Most often you want to buy with the smallest premium unless you have a specific objective or goal. Also, if you're going to want to sell them, you might stick with name brand stuff like ASEs. You can sell ASEs at McDonalds, but it can be tough selling Weasel Mint and Emporium rounds. As mentioned above, for barter type exchanges, you want mixed US 90%. If you want to enjoy some aspect of coin collecting, you can go for present day and historical silver crowns. Some very gorgeous stuff out there. If you simply want to amass vast quantities of bullion, after considering storage, you can go with larger ingots. That 100 oz. ingot painted black makes a great door stop. In my case, I've got a mix of stuff. I have ASE's by the tube, name brand 1 and 10 oz ingots, prospectors by the tube, and a few tubes of junk rounds. I'm also collecting the annual issues from the major bullion issuing contries - pandas, koalas, kooks, libertads, leafs, philharmonics, etc. And I like the older silver crowns also. Oh, and BTW, all dealers have a wholesale (buy) price and retail (sell) price. It's how all trade occurs and the difference is the vigorish. peace, rono[/QUOTE]
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