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Posted 11/08/2022 11:21 pm
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Maple Leafs - like them, but the milk spot issue keeps me from buying them
Maple Leafs - like them, but the milk spot issue keeps me from buying them
All 2018 Maple Leaf silver bullion coins and newer should no longer experience milk spot issues and the premiums have been reasonable. https://www.coinworld.com/news/prec...pot-fix.html
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When you guys say you purchase 90 percent, are you talking about old silver coins like early Washington quarters and Franklin half dollars?
When you guys say you purchase 90 percent, are you talking about old silver coins like early Washington quarters and Franklin half dollars?
@thomaski Roosevelt and Mercury dimes, Washington quarters, and Walking Liberty Franklin and Kennedy Half-Dollars minted in 1964 and earlier are 90% silver.
I would generally take a look also at 'collectible' silver rounds, that is those with limited mintages and interesting designs or characters that are popular on them which can create additional potential resale value in some cases over time beyond the intrinsic silver content value only. First in series also do well as later collectors go back to collect earlier issues of the series. Generic silver rounds especially Sunshine Mint that has a security measure to verify its legit are another potential source for silver only at reduced prices if premiums get too high for government minted coinage.
This article mentions that If withdrawals continue at the pace seen in July (46,500,000 ounces), the total deliverable silver supply could be depleted by mid-2023 and almost half of the total COMEX silver vault is very likely a supply of silver that is not now, nor at any time in the future, readily available for physical delivery. This might suggest a good time to buy physical only silver https://www.sprottmoney.com/blog/Th...mber-04-2022
Edited by datadragon
11/08/2022 11:43 pm
11/08/2022 11:43 pm
