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Which silver bullion coins are the best to acquire?
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<p>[QUOTE="aandabooks, post: 1348428, member: 35627"]I'm really new to this coin collecting but have been reading this thread and think I am in the right ballpark. What I want to do with buying silver is what I think th OP is trying to do. I'm looking to put a bit of cash into something that has actual worth. With that said, here is what I have been buying.</p><p><br /></p><p>I go to a local Pawn/Coin Shop. Guy that owns the place seems real knowledgeable on coins. I have been buying out of his 90% junk bowl. When I go in I ask what the price is today and he looks at coinflation.com and quotes the rounded off melt price that day. I bought some at $23x face a couple days ago. I always pick out the Morgan/Peace dollars first since they have the highest content of silver. He made me a deal on some uncirculated Roosevelts at $2 each when melt was $2.14. I bought 10 of those. I've picked up a few ASE coins at $1 over the going price of silver that day. </p><p><br /></p><p>The other guy that I have dealt with recently is in a gunshop that I frequent. He sold me 20 40% halves the other day for $4 each when the melt on them was $4.40. </p><p><br /></p><p>Am I getting a fair deal on the coins at these prices? I don't have much of an interest in truly collecting. My interest currently lies in the accumulation of actual silver. With that being said, the coin shop guy is putting out an 8oz ASE on Monday and I might have to see what he wants for it. It was in proof condition.[/QUOTE]</p><p><br /></p>
[QUOTE="aandabooks, post: 1348428, member: 35627"]I'm really new to this coin collecting but have been reading this thread and think I am in the right ballpark. What I want to do with buying silver is what I think th OP is trying to do. I'm looking to put a bit of cash into something that has actual worth. With that said, here is what I have been buying. I go to a local Pawn/Coin Shop. Guy that owns the place seems real knowledgeable on coins. I have been buying out of his 90% junk bowl. When I go in I ask what the price is today and he looks at coinflation.com and quotes the rounded off melt price that day. I bought some at $23x face a couple days ago. I always pick out the Morgan/Peace dollars first since they have the highest content of silver. He made me a deal on some uncirculated Roosevelts at $2 each when melt was $2.14. I bought 10 of those. I've picked up a few ASE coins at $1 over the going price of silver that day. The other guy that I have dealt with recently is in a gunshop that I frequent. He sold me 20 40% halves the other day for $4 each when the melt on them was $4.40. Am I getting a fair deal on the coins at these prices? I don't have much of an interest in truly collecting. My interest currently lies in the accumulation of actual silver. With that being said, the coin shop guy is putting out an 8oz ASE on Monday and I might have to see what he wants for it. It was in proof condition.[/QUOTE]
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Which silver bullion coins are the best to acquire?
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