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<p>[QUOTE="doug444, post: 1476400, member: 38849"]Here is a generalization you can live with. If you are planning to buy BULLION rather than numismatic coins, buy junk silver or uncirculated silver eagles. The fancy-schmancy 1-ounce silver commems that are $50 or $60, i.e., twice the market price of silver, when the CRUNCH comes, that premium will evaporate.</p><p><br /></p><p>Why pay a 50% to 75% premium for Proof eagles?</p><p><br /></p><p>No trader or speculator is likely to pay any more for the fancy coins than they are for plain bulk silver junk coins, plus junk silver is in more convenient form for bartering or small purchases (i.e., dimes and quarters, rather than 1-ounce pieces which require "making change"). Also, if you are buying BULLION, stay away from bars and rounds, as you will be in no position to PROVE that they are real. No one is likely to question old US dimes, quarters, and halves. And as for silver dollars, why pay the extra premium? See <a href="http://www.coinflation.com" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.coinflation.com" rel="nofollow">http://www.coinflation.com</a></p><p><br /></p><p><u>None of this applies</u> if your motivation is anything other than acquiring BULLION for the hard times ahead. I have no particular opinion about gold other than to point out that you will have to sell your 1-ounce coins to dealers or rich folks or syndicates, provided Uncle Sam doesn't confiscate them, that is. The 1-ounce coins will not be usable in everyday commerce.[/QUOTE]</p><p><br /></p>
[QUOTE="doug444, post: 1476400, member: 38849"]Here is a generalization you can live with. If you are planning to buy BULLION rather than numismatic coins, buy junk silver or uncirculated silver eagles. The fancy-schmancy 1-ounce silver commems that are $50 or $60, i.e., twice the market price of silver, when the CRUNCH comes, that premium will evaporate. Why pay a 50% to 75% premium for Proof eagles? No trader or speculator is likely to pay any more for the fancy coins than they are for plain bulk silver junk coins, plus junk silver is in more convenient form for bartering or small purchases (i.e., dimes and quarters, rather than 1-ounce pieces which require "making change"). Also, if you are buying BULLION, stay away from bars and rounds, as you will be in no position to PROVE that they are real. No one is likely to question old US dimes, quarters, and halves. And as for silver dollars, why pay the extra premium? See [URL]http://www.coinflation.com[/URL] [U]None of this applies[/U] if your motivation is anything other than acquiring BULLION for the hard times ahead. I have no particular opinion about gold other than to point out that you will have to sell your 1-ounce coins to dealers or rich folks or syndicates, provided Uncle Sam doesn't confiscate them, that is. The 1-ounce coins will not be usable in everyday commerce.[/QUOTE]
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