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<p>[QUOTE=&quot;whstler, post: 1107749, member: 29346&quot;]If you&#039;re simply buying bullion coins, I would think the cheapest you can buy would be best, provided all you&#039;re looking for is silver content.&nbsp; However, as someone mentioned, you also need to consider how you&#039;ll sell them when you&#039;re ready.&nbsp; The more popular bullion coins (ASE and, to a lesser extent, Maple Leaves) will also sell for a premium at the other end, though I question whether one can receive the same premium when selling as one pays when one buys.</p><p>&nbsp;</p><p>So, my thought is to buy whatever silver I can buy at spot price, or as near to spot price as possible.</p><p>&nbsp;</p><p>Here in Guadalajara, Mexico, that is easy.&nbsp; In fact, one can often find silver coins (bullion rounds and even US and Canadian silver coins) for below spot price.&nbsp; With spot price here yesterday being $392 pesos ($32.66 US), we found three of the one ounce Libertads selling for just $220 (about $18.33 US).&nbsp; Of course, we grabbed them.&nbsp; That is the best deal we&#039;ve found lately, but we can often find silver for a couple dollars less than spot price.&nbsp; Guadalajara sure seems to be the place to buy silver (and gold). </p><p>&nbsp;</p><p>I really like it when we run across a more valuable US coin here, and the people sell it to us for spot price.&nbsp; We paid a little bit of a premium for two CC Morgans, but nowhere near what they sell for on eBay. </p><p>&nbsp;</p><p>I have purchased on eBay many coins for just spot price, both ASEs and US silver coins.&nbsp; But those are usually coins that don&#039;t hold much (or any) premium over the spot price of their silver content.&nbsp; It takes a lot of work to find those few good deals, and you have to be more concerned with buying the silver content than improving your collection. </p><p>&nbsp;</p><p>Another consideration is if you&#039;re going to sell for melt value.&nbsp; Here in GDL, the place we sell our excess silver will pay us about twelve and a half pesos (about $1 US) less per ounce for non-pure silver coins than for the pure silver coins.&nbsp; So, if we are going to buy to sell immediately for profit, as is the case for the three libertads we bought yesterday, we&#039;ll tend to pay a bit more for the pure silver coins than for the alloyed coins. </p><p>&nbsp;</p><p>In conclusion, I think that as others have mentioned, simply buy a little now and then as you can afford it, called &#039;dollar cost averaging&#039;, so that the little ups and downs in the silver price don&#039;t matter as much. </p><p>&nbsp;</p><p>And congratulations on the good deal you made, which you originally asked about.[/QUOTE]</p><p><br /></p>

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