I Am New To Coins. Have A Plan With Silver Rounds. What Do You Guys Think? - Page 3

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livingwater Pillar of the Community United States 2235 Posts	Posted 04/02/2023 6:59 pm @dsking, Some prefer Silver Eagles over silver rounds and vise versa. I have some of both. Everyone stacks what they want. Years from now I don't know which will be the best strategy. In an economic crisis Silver Eagles may be more recognized, accepted for trade/barter. But there's so many fake Silver Eagles people may want to test no matter what type it is. Here's a YouTuber Silver Seeker that did some math, shows having more ounces by buying rounds. Having more ounces seems like a good thing. DOt5zJ120GE Edited by livingwater 04/02/2023 7:13 pm Report this Post to the Staff
livingwater Pillar of the Community United States 2235 Posts	Posted 04/02/2023 7:42 pm @Dowhat, I agree with much of what you said. I have a 1885 set of Gibbon's The Decline and Fall of the Roman Empire, 5 volumes. Someday an author may write a similar work for the USA if things don't change, sad. Report this Post to the Staff
dsking Pillar of the Community United States 2365 Posts	Posted 04/02/2023 8:14 pm Very good and informative video livingwater...thank you very much for posting it. We have a strong coin collection. The particular tube of rounds that we traded were purchased in the early 2000's so the trade was actually quite lucrative. Silver would have to drop to about $4.50 an ounce for us to lose with the ASE's. I'm confident that if we desire to sell our coins in the distant future we'll do quite nicely. As of now the coins are a liquid asset. The ASE's that we traded for are quite genuine. Our dealer opened a new 20 pc. mint tube in front of us and any purchase that we make come from genuine and honest long-time dealers. We do not do e-bay. Again, thank you for posting the article, it helps to get a different perspective. Report this Post to the Staff
CoinHunter53562 Pillar of the Community United States 2049 Posts	Posted 04/02/2023 10:14 pm @livingwater - Silver Seeker's spreadsheet comparing generic vs ASEs is so well done. It's hard to ignore the math if you're trying to stack ounces. I have never owned more than 20 or so ASEs at any given time and don't plan to. I tend to look mostly for the best deals while still maintaining some diversification in what I buy/hold. Report this Post to the Staff
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