Silver vs: gold coin

gold or silver

if given me another life to collect coins. i will buy gold instead of silver coins. i don't have to take care of it. i don't have to worry about it. it save a lot of spaces. it is easier to liquid it. and so on........

 

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I think it's interesting that the 3" medal alone lists at $38 while the set is $40 ~ Even though you can buy each separate... I hope they stop short after the 25k

 

I'm a big fan of silver, but mainly older stuff. The commemoratives are nice, but I like a little antiquity in my collection. I do plan on getting gold eventually just for the variety. I agree with the above post about silver being better on the person's budget. Amen.

 

same here.
I had a choice when i bought my bullion.

either 2 ounces of gold, or 100 ounces of silver.

i chose the silver, because even if gold went up considerably more than silver, I still wouldnt have as much as with the silver.

 

My original love was for silver. Along the way I managed to collect some gold commemoratives, but I have no interest in silver commemoratives. They seem like more of a marketing gimmick by the Mint than a coin.

 

IMO Silver has a better up side and the Ben Franklin commemoratives in 2006 were one the most beautiful coins made and were sold out in 48 hours.

The mintage was only 250,00 across the board for each design

 

I still have a problem understanding why folks consider 250,000 to be a low mintage number for a commemorative coin. It would be low for a circulation coin, but probably not low for a made-for-collectors coin. That's only my opinion.

 

low mintage for commems

low mintage for modern commemorative silver unc dollar should be way below 20,000. check the 1996 atlanta olympics.

 

silver vs: gold

with gold hit $740.00 an ounce. i think silver could jump to $15.00 per ounce. ratio around 50 to 1. and if gold hit $760.00, then silver $16.00 is no problem.

 

A low mintage is defined simply in terms of whether there are more people who want to buy it than there are coins to be bought. If there's a big demand (e.g. for the 2001 Buffalo commemorative silver dollars or the 2006 20th Anniversary ASE's) the price will be high even if 250,000 were made.

 

of the 250,000 only 58,000 uncirculated that is pretty low number

 

gold is the winner

these few years. gold bullion is always the winner. but silver coins with numismatic value is still outperformed the gold coin.

 

I guess another way to put it is that if the US Mint can artificially create demand and inflate prices by intentionally limiting production runs for commemoratives, they will do so. In my mind, this is marketing, not numismatics. The Franklin Mint did the same thing. On the other hand, if a coin intended for circulation has a mintage under 1 million coins because of some quirk of history, this genuine scarcity imparts real numismatic value to the coin even if the actual number of coins is greater than the limited edition commemorative. There are many commemoratives, primarily the silver commems, which are very overpriced in my opinion. They currently have a pretty large following, but I question their staying power.

 

Gold/silver ratios didn't make sense in the 18th century, and they make less sense in the 21st.

 

can you believe it?

now it's 80 versus l.....80 ounce of silver for one ounce of gold.

 

why silver is worth 1 is to 85 against the gold?.

 

I think the 2008 W UNC silver eagle sales have just tied the 2006 W UNC silver eagle at about 450,000.

418,000 single sales + 32,000 UNC dollar sets.

The 2008 W also had 47,000 error coins that could reduce the actual supply of regular coins eventually. So if the mint has less than 47,000 remaining singles and dollar UNC sets to sell combined the 2008 W non error may eventually be worth as much as the 2006 W UNC.

 

Silver to me is king. You can get in for less money than with gold, and it is easier to spread your money across several different coins. I know I've said this before, but my favorite coin for the future is the 1927 Philly Peace Dollar. They have less than a million total mintage with many melted down. Peace Dollars become more popular every day. I think the worse case scenerio with this coin is break even. I also think state quarter silver proofs will have their time in the sun a few years from now.

 

before i like silver. but now i like gold. less worrying about toning. less space to store it. more people generally like to own gold. easier to sell them. and the ratio between gold and silver keep wilder in favor of gold.

 

silver vs gold

Gold is considered a more monetary metal by investors. Silver is partial monetary, partial industrial. It's all perception. In this environment, anything industrial is getting killed.