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Silver heading for $20.00 an ounce.
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<p>[QUOTE="silvermonger, post: 338629, member: 12490"]Modernman sez:</p><p> "I'm asking these questions because I'm new to this hobby, and I'm trying to decide what to do with my money right now. Do I buy "bullion" grade coins to sell for a profit as metal prices rise? Or do I spend the same amount of money on older coins with steady or rising numismatic values?</p><p> Thanks."</p><p><br /></p><p>simple answer: buy low, sell dear. Its a formula that has worked for thousands of years. (<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie6" alt=":cool:" unselectable="on" unselectable="on" /></p><p><br /></p><p>You say you are new to the hobby. which hobby? coin collecting or speculating in the PM market? they are far different! some metals traders could care less about coins and some coin collectors care less about the price of silver or pork bellies. Many coin collectors do a bit of speculating or at least hoarding of junk coins with the hope they may sell that silver at a profit so as to be able to buy another overpriced coin in a plastic slab LOL[/QUOTE]</p><p><br /></p>
[QUOTE="silvermonger, post: 338629, member: 12490"]Modernman sez: "I'm asking these questions because I'm new to this hobby, and I'm trying to decide what to do with my money right now. Do I buy "bullion" grade coins to sell for a profit as metal prices rise? Or do I spend the same amount of money on older coins with steady or rising numismatic values? Thanks." simple answer: buy low, sell dear. Its a formula that has worked for thousands of years. (8-) You say you are new to the hobby. which hobby? coin collecting or speculating in the PM market? they are far different! some metals traders could care less about coins and some coin collectors care less about the price of silver or pork bellies. Many coin collectors do a bit of speculating or at least hoarding of junk coins with the hope they may sell that silver at a profit so as to be able to buy another overpriced coin in a plastic slab LOL[/QUOTE]
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Silver heading for $20.00 an ounce.
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