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<p>[QUOTE="littlehugger, post: 3273666, member: 58633"]Quality?</p><p>Like in a MS 70 ASE? Or even PRF 70?</p><p> I used to see them on sale in Coinage for $70.</p><p> Modern coins, especially non circulating issues are very high grade. A 69 or 70 isnt what it used to be.</p><p> Lots of reasons to collect silver.</p><p> Precious metals have always had value, and there is no reason that will change. I am not exactly ancient, but remember coins were made of silver, (gold and copper too) because silver increased in value past $1 an ounce, and Uncle Sam could no longer make his 10% profit from 90% coins.</p><p> Now, even the humble cent is made mostly of pot metal, with only a pittance of copper and it still costs more than its worth. And the primary reason is higher metal value.</p><p> It may not be likely, but if it all hits the fan, precious metals will be the new money, not worthless paper money. And it will be a lot easier to trade in dimes, quarters, halves and dollars than in gold eagles, etc. How much gold can you put away, and can you really expect change for your gold $20 coin? </p><p> PM's have had value for thousands of years, and not only still do, in our modern, high tech culture, but its value has hit historic highs.</p><p> So, its prepostourous to state that PM's will be worthless if there is a collapse. Its obviously not true.[/QUOTE]</p><p><br /></p>
[QUOTE="littlehugger, post: 3273666, member: 58633"]Quality? Like in a MS 70 ASE? Or even PRF 70? I used to see them on sale in Coinage for $70. Modern coins, especially non circulating issues are very high grade. A 69 or 70 isnt what it used to be. Lots of reasons to collect silver. Precious metals have always had value, and there is no reason that will change. I am not exactly ancient, but remember coins were made of silver, (gold and copper too) because silver increased in value past $1 an ounce, and Uncle Sam could no longer make his 10% profit from 90% coins. Now, even the humble cent is made mostly of pot metal, with only a pittance of copper and it still costs more than its worth. And the primary reason is higher metal value. It may not be likely, but if it all hits the fan, precious metals will be the new money, not worthless paper money. And it will be a lot easier to trade in dimes, quarters, halves and dollars than in gold eagles, etc. How much gold can you put away, and can you really expect change for your gold $20 coin? PM's have had value for thousands of years, and not only still do, in our modern, high tech culture, but its value has hit historic highs. So, its prepostourous to state that PM's will be worthless if there is a collapse. Its obviously not true.[/QUOTE]
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TRYING TO "Play the GSR" -- HORRIBLE IDEA
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