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coincollect1
Pillar Of The Community
Canada
1722 Posts
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I can probably get 10 silver Morgan dollars for melt and some can be pretty nice, or should I get a Canadian 1/4oz maple leaf? which will be a better investment? And gold is down so I thought this is the right time to buy. Thanks
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Pillar Of The Community
United States
1683 Posts |
There's quite a price difference here. 10 Morgans at melt would be roughly $245-$250. 1/4 oz of gold would be $415 before any premium. I don't think you can wrong with either, and it just depends how much you are willing to pay. I like both personally. :P
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Valued Member
Canada
178 Posts |
I would say if you already have a decent amount of silver handy, to go for the gold. Never hurts to be diversified. Otherwise go for the Morgans.
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Valued Member
United States
105 Posts |
If you can get Morgan dollars for melt I would do that. That is difficult to come by. Usually Morgans carry a $2-$3 premium. |
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Pillar Of The Community
Canada
3008 Posts |
I would personally go for the Morgans. IMO, there is more potential to make money with silver.
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Pillar Of The Community
United States
1283 Posts |
If you can really get Morgans for spot its a no brainer, go with the silver.
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Rest in Peace
United States
9104 Posts |
 , silver has more % upside potential.
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Pillar Of The Community
Canada
1722 Posts |
I guess im going morgans. He might only have 10 left so we will see. If I have money left over, he has 1 gram bars of gold. And also im trading in a coin for a silver bar. Tomorrow is going to be a good day.
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Pillar Of The Community
United States
1283 Posts |
Stay away from a 1 gram. The premium is to high and it is just tiny, no need to own IMHO.
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Pillar Of The Community
United States
1180 Posts |
Quote:
Stay away from a 1 gram. The premium is to high and it is just tiny, no need to own IMHO. Pretty solid advice. I'd go with the majority of posters. The Morgans present better upside. Silver has a long way to go before it reaches its historic ratio with gold.
If you haven't noticed by now, I don't proofread veery well and I apollogize profusely. (;>D
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Pillar Of The Community
United States
3408 Posts |
Nothing beats a nice high quality Morgans IMO. And hands down I would take ten nice Morgans today, even though I would have took the gold a year ago. Graded pref, if not o.k. as well. Coins well over a hundred years old still in nice shape, a special thing as most if not all were circulated an used, via clanked around in pockets, etc....
I feel people will always pay a solid premium for a nice high grade Morgan with either a blast white appearance great color or a real key date or error or something along those lines.....
RIP BigFredd....
Edited by Silverhawk74
03/30/2012 10:38 am
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Pillar Of The Community
United States
2221 Posts |
I like both, so get some morgans this time and next time get the gold.
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Valued Member
United States
140 Posts |
I would say go for the Morgan dollars, unless they are really worn. The Maple Leafs are nice coins and it's pretty cool to have a 9999 pure coin, but getting Morgans at spot price isn't common these days. Also, there is strong belief there will be a higher upside on silver than gold. I would definitely get the Morgans. |
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Pillar Of The Community
Canada
1722 Posts |
we'll see what he has tomorrow. Ill make a new thread about what I got. And I believe he has some nice Peace dollars too. And also he has all sorts of gold coins that are probably from the $100-$1800 dollar range. So ill see what he has. |
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Pillar Of The Community
United States
4008 Posts |
The nice thing about the Morgans is that it is possible to sell a few of them if you need some cash. With the 1/4 oz. gold coin, you have to sell it all to get cash from it. Might never be a problem but if it was, the Morgans would allow you to sell some and keep the rest. I like silver a lot and have a good amount of it. Because I have no gold at all, the gold would be pretty tempting.  |
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Pillar Of The Community
Canada
1722 Posts |
So im going to go there, and see if he has some good EF+ morgans for sale and if he does ill get them. But if he doesnt ill get the gold.
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Topic |
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Posted 03/29/2012 7:45 pm
