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<p>[QUOTE="MalakingAso, post: 1348925, member: 33557"]Like mentioned before, when buying you need to be thinking of your exit strategy and how easy your pm's will be to liquidate. There are many opinions on this topic but personally I have been back and worth on this before finally settling on my current strategy.</p><p><br /></p><p>I have purchased the 100 ounce bars in the past but starting thinking about the future. If silver does go up dramatically you will all of a sudden have a 100 ounce brick worth $10k or maybe more. Who will be your eventual buyers? Someone willing to buy a 100 ounce brick at much higher prices than today will more than likely be your local coin shop. Do you think they will give you anything close to spot, knowing no one else will buy from you? Probably not. This is why I have changed my strategy to 1 oz coins / rounds or less.</p><p><br /></p><p>I buy ASE mint tubes of 20 coins and various junk silver as close to spot as possible. However, there are some older "junk" coins that I believe will start to increase numismatically as they become harder to come by, especially in very fine to bu condition. These coins I am okay with a slight premium as I believe the premium in the future will be greater than what I am paying today.</p><p><br /></p><p>I have yet to step away from the ASE's but plan to buy the Canadian Wildlife series. The main downside the the Canadian Wildlife / Maple are the chance of milk spots. I don't like anything but BU bullion so any Canadian purchases I make will be much smaller volume compared to my ASE purchases. I just like the look of the Canadian Wildlife coins and want them. And the low mintage and popularity of the current coins makes me think this will be a good investment as people will want the whole series. My goal is to own a tube of each of the six coins. This will give me 25 complete BU sets that I may be able to get an even higher premium for in the future. If not, oh well I really like them.[/QUOTE]</p><p><br /></p>
[QUOTE="MalakingAso, post: 1348925, member: 33557"]Like mentioned before, when buying you need to be thinking of your exit strategy and how easy your pm's will be to liquidate. There are many opinions on this topic but personally I have been back and worth on this before finally settling on my current strategy. I have purchased the 100 ounce bars in the past but starting thinking about the future. If silver does go up dramatically you will all of a sudden have a 100 ounce brick worth $10k or maybe more. Who will be your eventual buyers? Someone willing to buy a 100 ounce brick at much higher prices than today will more than likely be your local coin shop. Do you think they will give you anything close to spot, knowing no one else will buy from you? Probably not. This is why I have changed my strategy to 1 oz coins / rounds or less. I buy ASE mint tubes of 20 coins and various junk silver as close to spot as possible. However, there are some older "junk" coins that I believe will start to increase numismatically as they become harder to come by, especially in very fine to bu condition. These coins I am okay with a slight premium as I believe the premium in the future will be greater than what I am paying today. I have yet to step away from the ASE's but plan to buy the Canadian Wildlife series. The main downside the the Canadian Wildlife / Maple are the chance of milk spots. I don't like anything but BU bullion so any Canadian purchases I make will be much smaller volume compared to my ASE purchases. I just like the look of the Canadian Wildlife coins and want them. And the low mintage and popularity of the current coins makes me think this will be a good investment as people will want the whole series. My goal is to own a tube of each of the six coins. This will give me 25 complete BU sets that I may be able to get an even higher premium for in the future. If not, oh well I really like them.[/QUOTE]
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