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<p>[QUOTE=&quot;pbryan, post: 534597, member: 10722&quot;]I think you&#039;re mistaking investing in bullion with investing in numismatic products.</p><p><br /></p><p>It makes no financial sense to pay $50+ for $13 worth of silver.&nbsp; No one purchasing bullion will ever pay that much over spot price for some plastic and ink surrounding your silver.</p><p><br /></p><p>Your investment assumes that there will be a future demand, by collectors of coins, for 69 graded ASE&#039;s.&nbsp; That may pay off for you, or the value of your graded coins could fall to spot silver.&nbsp; If that happens, and say silver goes up to $100/oz. your $50 ASE still doubled in value, but my purchase of an ungraded no-mintmark ASE for $17 increased in value by nearly 6 times.&nbsp; Which was the better investment?</p><p><br /></p><p>Even if the premium for your 69 coins stays constant, and the value tracks up at roughly 4x silver spot, you still didn&#039;t do any better than I did percentage wise.&nbsp; </p><p><br /></p><p>The only way the graded coin investment can really pay off is if collector demand increases so the premium over spot for a 69 ASE increases.&nbsp; Most of the time that doesn&#039;t happen.&nbsp; That is why many say numismatics is rarely a good investment, but is always a good hobby. </p><p><br /></p><p>--Paul[/QUOTE]</p><p><br /></p>

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