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<p>[QUOTE="Cloudsweeper99, post: 285079, member: 3011"]I tend to disagree with that view. A plain old silver eagle may have more investment potential than a key date on a percentage basis. Key dates have done well in the past, but all that means is that it is possible that they are overpriced. Lets say you own one silver eagle and the price of silver doubles. The silver eagle will probably also just about double. But will a key date coin already selling for a few hundred dollars necessarily double in price because of a $13 increase in the price of silver? Maybe, maybe not. So I would submit that coins selling for prices reasonably close to bullion value are probably better investments than key date coins because there is less of a speculative premium built into the price. You just have to buy more of them. Even if you restrict your purchases to coins selling no more than 3X the bullion value, it still leaves a lot of room to collect.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 285079, member: 3011"]I tend to disagree with that view. A plain old silver eagle may have more investment potential than a key date on a percentage basis. Key dates have done well in the past, but all that means is that it is possible that they are overpriced. Lets say you own one silver eagle and the price of silver doubles. The silver eagle will probably also just about double. But will a key date coin already selling for a few hundred dollars necessarily double in price because of a $13 increase in the price of silver? Maybe, maybe not. So I would submit that coins selling for prices reasonably close to bullion value are probably better investments than key date coins because there is less of a speculative premium built into the price. You just have to buy more of them. Even if you restrict your purchases to coins selling no more than 3X the bullion value, it still leaves a lot of room to collect.[/QUOTE]
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