Just Starting - Advise On What To Buy

There really isn't a poor choice. Though you should decide early what you want from it all.

For example if you are in it for numismatic purposes then you will want to focus on coins. You have many choices but you want to buy the best graded coins you can buy.

If your in it for the hobby then there are many different cool designs from bard to rounds.

If your speculating then it all changes. The key is your cost to acquire then profit to sell.

If you think the world is ending then 90% silver might be your ticket.

Now to answer which is better the ASE or Maple then I would tell you neither is better. I like one of them better but really that is personal taste.

With the cost of a Morgan or Peace Silver dollar at $22.97 I think $25 for cull is high, other s may not think the same. However the older Silver dollars have been getting more premium lately.

Silver rounds are easy to sell though some people may not want to pay what they are worth, the silver bullion coins such as ASE and Maples hold their value better.

The word of wisdom I can give it it appears too cheap then make sure you know what you are buying.

Good luck and have fun.

Thanks for the advise. I do have a very small coin collection that is seperate from this.

I am concerned about the economy, inflation and what the dollar will be worth long term. I have a 401K, however I also want some solid assests as well.

I have a small CD that is due and I didn't reinvest b/c there really is no return. I'm using those funds to start the PM investment. Granted it's a small investment and I plan to continue investing a little every pay period.

What I have thought, but wasn't sure about is that the ASE and Silver Maple Leaf may be the best purchase as far holding their investment value. If I didn't misread your post - it sounds like that along the line of your thoughts as well.

First thing I did was divide 650 by the spot price, and that is roughly 20 oz. worth if you go real cheap close to spot silver....

http://www.providentmetals.com/checkout/cart/

That is 20 Phil Harmonics in my shopping cart at Provident, and it is 642. Add about 9 more for shipping, and you are one dollar over budget....

Ok now explain to me how a milk spot hurts the value of a BULLION coin? It doesn't not one bit.

BTW the ASE has had the same problems if you recall the really bad years for the 2006 & 2007 ASE's. If I recall even their proof coins had milk spotting issues.

In any event people tend to forget we are talking about bullion coins!!! Both are backed by the producer - the government.

Now which one is more pretty than the other - that is in the eye of the beholder.

Like I said I am in the silver and gold speculation for the profit and well I have done a little better on Maples than ASE's.

"^ mkfarm I sold a couple silver maple leaf 07 the ones without spot sold for $48 and the one with milk spots sold for $39, like it or not in secondary markets people pay less of a premium for any bullion with milk spots."

True dat, there was a member here, who about 6 months ago or so got a nice proof eagle, and you could not see it in the picture clearly, and it had a tone line right across the face of it. Still a nice graded coin, but the dealer should have made note of it, and not took a funny angle shady picture. The member here was not too happy about it, but bit the bullet on it an kept it if memory serves me correct. It probably will never bring what the same proof eagle with no brown pencil thin tone line will bring. So that is a fact, people like nice things to look at. Whether we all do or not and some could care less if the silver is toned black or not, via 100 oz. bar is a 100 oz. bar. Just another form of currency in the end, in the form we chose for it to be in....

Just bought a few rolls of 2012 SAE's from Provident, thanks Silverhawk they completely skipped through my radar. I love how shipping was only $12, got sick of APMEX charging me $25. Thanks for the tip

If you have a local shop nearby check it out as well. You have been given very good advice!

You are quite welcome! Good luck. I'm sure in a local shop when they are not busy you could get a lot of helpful info plus see the PM up close and personal!