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<p>[QUOTE="yakpoo, post: 1383671, member: 18157"]Hi Zephr...</p><p><br /></p><p>I prefer US Mint produced Numismatic Bullion over bars and rounds because there's a chance for Numismatic price support should the bullion prices collapse. I put Numismatic Bullion into three groups; ASEs, Circulated US Mint (pre-1965) coins, and Uncirculated US Mint (pre-1965) coins.</p><p><br /></p><p>1. <b>ASEs: </b>American Silver Eagles are the best buy from a silver/dollar perspective. Silver is currently about $35.50/Oz and APMEX sells 2012 ASEs for about $39.50/one Oz coin...10% premium over spot. You can get better prices the more you buy.</p><p><br /></p><p>2. <b>Circulated US Mint silver coins: </b>There are many dealers that sell bags of circulated US Mint coins. When silver was cheap, I bought two (2) twenty-six (26) lbs buckets of mercury dimes. The only reason I bought them was because I found a dealer that sold by weight instead of face value. Most dealers sell by face value and the buyer loses at least 15% right off the bat.</p><p><br /></p><p>3. <b>Uncirculated US Mint silver coins: </b>This is what I like the best. Whenever I can find Uncirculated rolls of US Mint silver (Pre-1965) coins for less than a 25% premium over spot, I go for it. Based on current prices, that would be $321/roll for quarters and halves (7.236 Oz * $35.50 * 1.25 = $321) and half that ($160/roll) for dimes. Silver rolls dated 1953-1964 were heavily hoarded in the early '60s so you may find them for less than that on eBay. I believe they will increase in <i><b>numismatic </b></i>value as they approach 70 years old (2023-2034)...which is a bonus. </p><p><br /></p><p>You also have a "chance" of finding gradable, error, or variety coins. Your Father's 1964 quarters could very well contain some Type-B reverses. Between 1956 and 1964, the Mint would only strike a few thousand proof coins from a proof die. The die would be no good for additional proof coins, but could be used to strike many more production coins. These "used" proof dies were used to strike production coins, but there were slight design differences that are easily identified by the average collector. About 1%-5% of quarters during that period were struck with Proof (Type-B) reverse dies and will likely sell for a premium in the future.</p><p><br /></p><p><i><b>EDIT: </b></i>There's a series of silver Unc Roosevelt dime auctions on eBay by a single Seller. The current bids are between 1¢ - 6¢ and the dimes contain $2.57 of silver (each). Anything less than that will be "Below Spot". What's interesting is that the auctions end around 2:00 PM Monday afternoon (likely not many last minute bidders) and all the auctions are "Free S&H". I've stumbled on these auctions before...sometimes I get outbid and other times I get GREAT BUYS!!</p><p><br /></p><p><a href="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&campid=5335874456&toolid=10001&mpre=http%3A%2F%2Fwww.ebay.com%2Fitm%2FKB8-1955-S-SILVER-Ch-Gem-BU-Uncirculated-Dime-Roll-SILVER-BONUS-READ-%2F310382889704%3Fpt%3DCoins_US_Individual%26hash%3Ditem4844430ae8" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&campid=5335874456&toolid=10001&mpre=http%3A%2F%2Fwww.ebay.com%2Fitm%2FKB8-1955-S-SILVER-Ch-Gem-BU-Uncirculated-Dime-Roll-SILVER-BONUS-READ-%2F310382889704%3Fpt%3DCoins_US_Individual%26hash%3Ditem4844430ae8" rel="nofollow">http://www.ebay.com/itm/KB8-1955-S-SILVER-Ch-Gem-BU-Uncirculated-Dime-Roll-SILVER-BONUS-READ-/310382889704?pt=Coins_US_Individual&hash=item4844430ae8</a></p><p><br /></p><p>The Seller will give each bidder that wins sevens (7) dimes...a bonus dime.[/QUOTE]</p><p><br /></p>
[QUOTE="yakpoo, post: 1383671, member: 18157"]Hi Zephr... I prefer US Mint produced Numismatic Bullion over bars and rounds because there's a chance for Numismatic price support should the bullion prices collapse. I put Numismatic Bullion into three groups; ASEs, Circulated US Mint (pre-1965) coins, and Uncirculated US Mint (pre-1965) coins. 1. [B]ASEs: [/B]American Silver Eagles are the best buy from a silver/dollar perspective. Silver is currently about $35.50/Oz and APMEX sells 2012 ASEs for about $39.50/one Oz coin...10% premium over spot. You can get better prices the more you buy. 2. [B]Circulated US Mint silver coins: [/B]There are many dealers that sell bags of circulated US Mint coins. When silver was cheap, I bought two (2) twenty-six (26) lbs buckets of mercury dimes. The only reason I bought them was because I found a dealer that sold by weight instead of face value. Most dealers sell by face value and the buyer loses at least 15% right off the bat. 3. [B]Uncirculated US Mint silver coins: [/B]This is what I like the best. Whenever I can find Uncirculated rolls of US Mint silver (Pre-1965) coins for less than a 25% premium over spot, I go for it. Based on current prices, that would be $321/roll for quarters and halves (7.236 Oz * $35.50 * 1.25 = $321) and half that ($160/roll) for dimes. Silver rolls dated 1953-1964 were heavily hoarded in the early '60s so you may find them for less than that on eBay. I believe they will increase in [I][B]numismatic [/B][/I]value as they approach 70 years old (2023-2034)...which is a bonus. You also have a "chance" of finding gradable, error, or variety coins. Your Father's 1964 quarters could very well contain some Type-B reverses. Between 1956 and 1964, the Mint would only strike a few thousand proof coins from a proof die. The die would be no good for additional proof coins, but could be used to strike many more production coins. These "used" proof dies were used to strike production coins, but there were slight design differences that are easily identified by the average collector. About 1%-5% of quarters during that period were struck with Proof (Type-B) reverse dies and will likely sell for a premium in the future. [I][B]EDIT: [/B][/I]There's a series of silver Unc Roosevelt dime auctions on eBay by a single Seller. The current bids are between 1¢ - 6¢ and the dimes contain $2.57 of silver (each). Anything less than that will be "Below Spot". What's interesting is that the auctions end around 2:00 PM Monday afternoon (likely not many last minute bidders) and all the auctions are "Free S&H". I've stumbled on these auctions before...sometimes I get outbid and other times I get GREAT BUYS!! [URL="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&campid=5335874456&toolid=10001&mpre=http%3A%2F%2Fwww.ebay.com%2Fitm%2FKB8-1955-S-SILVER-Ch-Gem-BU-Uncirculated-Dime-Roll-SILVER-BONUS-READ-%2F310382889704%3Fpt%3DCoins_US_Individual%26hash%3Ditem4844430ae8"]http://www.ebay.com/itm/KB8-1955-S-SILVER-Ch-Gem-BU-Uncirculated-Dime-Roll-SILVER-BONUS-READ-/310382889704?pt=Coins_US_Individual&hash=item4844430ae8[/URL] The Seller will give each bidder that wins sevens (7) dimes...a bonus dime.[/QUOTE]
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