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 Replies: 58 / Views: 4,418 |
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Bedrock of the Community
Australia
21786 Posts |
For those on a low budget, but still with a liking for silver,
how about collecting silver dimes with at least some numismatic value ?
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Bedrock of the Community
United States
19142 Posts |
My motivation to collect doesn't hinge on silver and gold prices. I just go about having fun with coins in general.
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Moderator
 United States
188052 Posts |
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how about collecting silver dimes with at least some numismatic value ? See my comment about the 1916-D dime.  |
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Bedrock of the Community
United States
25763 Posts |
I have not stopped buying but I had already slowed down before the price of silver started climbing.
I slowed down because my collection(s) have gotten out of hand and are bigger than I intended when I started.
I will continue to buy certain silver coins and have four 2026s on preorder.
My American Silver Eagle collection http://goccf.com/t/448125My random silver coin collection http://goccf.com/t/449270 |
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Moderator
United States
188052 Posts |
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...my collection(s) have gotten out of hand and are bigger than I intended when I started. A nice problem to have. Quote:
I will continue to buy certain silver coins and have four 2026s on preorder.  |
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Valued Member
Italy
284 Posts |
I almost only collect silver coins. My wallet wishes the silver value in them made any difference on their prices  I think it's important to focus on the numismatics aspects of the coins and forget the metals value and I believe this is still quite possible with silver. Little less so with gold for the regular joe and thats why I choose silver as my main collecting area. |
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Moderator
United States
188052 Posts |
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...I believe this is still quite possible with silver. Little less so with gold for the regular joe... Very true. I think the idea of me owning a gold coin is long, long gone.  |
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Bedrock of the Community
Australia
21786 Posts |
In the last year or so, there has been a greater tendency for me
to have a much closer look at bronze coins with high numismatic value only.
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Valued Member
United States
168 Posts |
The owner of my local coin shop told me that the insane increase in the spot price of silver principally impacts the cost for someone to acquire "junk" silver. He has not significantly increased the price of silver coins with genuine numismatic value.
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Pillar of the Community
 United States
1963 Posts |
I would stop buying commems and silver medals (if need be ) to keep my ASE collection going. I'll continue buying the Silver Proof sets "until it hurts" also. |
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Valued Member
Italy
284 Posts |
Another side effect of raising silver prices could be to increase the rarity of the common/junk/modern ones.
Shops are paying according to melt so it's probably safe to assume many will end up in a crucible.
If this continues for some years we might see the birth of new "rarities" in the future?
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Moderator
United States
188052 Posts |
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If this continues for some years we might see the birth of new "rarities" in the future? I have to believe, yes.  |
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Pillar of the Community
Portugal
655 Posts |
Scarcity alone does not make a coin desired. People have to care for it. The big meltdowns happen when prices fall. Then everyone hoarding wants to sell. I think most being sent to melt now are modern commemorative coins. Gold starting to rise again is bad news for old gold coins. Most are already worth the metal. There is more danger of old scarce coins of gold being sent to melt. Byzantine solidus are being molten.  |
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Valued Member
Italy
284 Posts |
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I think most being sent to melt now are modern commemorative coins Indeed, this is what I was referring to. I myself am going to sell some Italian commems coin/medals these days and I know they will probably end up being melted. None cares about them today but maybe in 100 years.. when only a handful will remain.. they will attract attention much like medals do today? Time will tell! |
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Pillar of the Community
United States
5849 Posts |
Well, I don't know if there is really a risk of tons of higher grade common year Morgan dollars being turned in to be melted, but that was my justification for buying 100 of them a couple of months ago when silver was at $40. I've always wanted a nice stack of them, more from a numismatic standpoint than a bullion standpoint, and I feared that if prices kept going up they would either disappear entirely or simply become too expensive. The second fear has definitely come true, since they are now selling for $74 or so apiece and there's no way I would shell out $7500 for 100 of them right now. |
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Replies: 58 / Views: 4,418 |
First Page
Posted 12/22/2025 6:39 pm
