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Do You Think It's Better To Buy Silver Bullion Or Costitiutional Silver?

 
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Author Previous TopicReplies: 10 / Views: 1,152Next Topic  
Pillar of the Community
United States
3886 Posts
 Posted 11/17/2018  9:19 pm Show Profile   Bookmark this topic Add CoinHunter27 to your friends list Get a Link to this Message
Poll Question
I would think it would be better to invest in constitutional, just so if we have a market crash I could use it for spending money. That's just my opinion though. What do you think?

*** Moved by Staff to a more appropriate forum. ***

Poll Choices
 Bullion
 Constitutional

"Time is the coin of life. Only you can determine how it will be spent" -Carl Sandburg
A few notable finds:
1857 FEC DDO S-4 FS-101:
http://goccf.com/t/368150
1888-O $1 Hot Lips VAM-4:
http://goccf.com/t/363580
1970-S 1C DDO FS-103
http://goccf.com/t/372456




Edited by CoinHunter27
11/17/2018 9:58 pm
Valued Member
United States
333 Posts
 Posted 11/17/2018  11:26 pm  Show Profile   Bookmark this reply Add howell1018 to your friends list Get a Link to this Reply
I don't think your reasoning is ever going to come to pass, but I went with constitutional silver because I believe it would be easier to sell. Some buyers might hesitate buying ingots or silver in other forms from private mints they're unfamiliar with. U.S. silver coins are a known quantity.
Pillar of the Community
United States
3886 Posts
 Posted 11/18/2018  11:09 am  Show Profile   Bookmark this reply Add CoinHunter27 to your friends list Get a Link to this Reply
Great thanks. Also thanks to the staff for moving my poll. Appreciate it.
"Time is the coin of life. Only you can determine how it will be spent" -Carl Sandburg
A few notable finds:
1857 FEC DDO S-4 FS-101:
http://goccf.com/t/368150
1888-O $1 Hot Lips VAM-4:
http://goccf.com/t/363580
1970-S 1C DDO FS-103
http://goccf.com/t/372456




Valued Member
United States
485 Posts
 Posted 11/18/2018  6:16 pm  Show Profile   Bookmark this reply Add everything to your friends list Get a Link to this Reply
Constitutional is good because it's super well known, .9999 is good because of refining costs, and anti-counterfeiting on them has become amazing, then larger brick bars for hoarding purposes since they take up less room.

That if pertaining to a market crash is more of a when.
Pillar of the Community
United States
3886 Posts
 Posted 11/18/2018  11:27 pm  Show Profile   Bookmark this reply Add CoinHunter27 to your friends list Get a Link to this Reply
Your righ. Thanks for your input.
"Time is the coin of life. Only you can determine how it will be spent" -Carl Sandburg
A few notable finds:
1857 FEC DDO S-4 FS-101:
http://goccf.com/t/368150
1888-O $1 Hot Lips VAM-4:
http://goccf.com/t/363580
1970-S 1C DDO FS-103
http://goccf.com/t/372456




Pillar of the Community
United States
3886 Posts
 Posted 11/20/2018  3:23 pm  Show Profile   Bookmark this reply Add CoinHunter27 to your friends list Get a Link to this Reply
50/50! Nice diversity.
"Time is the coin of life. Only you can determine how it will be spent" -Carl Sandburg
A few notable finds:
1857 FEC DDO S-4 FS-101:
http://goccf.com/t/368150
1888-O $1 Hot Lips VAM-4:
http://goccf.com/t/363580
1970-S 1C DDO FS-103
http://goccf.com/t/372456




Pillar of the Community
United States
3479 Posts
 Posted 11/20/2018  4:16 pm  Show Profile   Bookmark this reply Add jimbucks to your friends list Get a Link to this Reply

Quote:
if we have a market crash I could use it for spending money


If silver ever goes to $1/oz, this will be the least of your worries!

I prefer to go with the smallest buy/sell spread, so for me bullion is preferred between these 2 options.
Pillar of the Community
United States
3886 Posts
 Posted 11/22/2018  3:07 pm  Show Profile   Bookmark this reply Add CoinHunter27 to your friends list Get a Link to this Reply
That's why constitutional is my pick.
"Time is the coin of life. Only you can determine how it will be spent" -Carl Sandburg
A few notable finds:
1857 FEC DDO S-4 FS-101:
http://goccf.com/t/368150
1888-O $1 Hot Lips VAM-4:
http://goccf.com/t/363580
1970-S 1C DDO FS-103
http://goccf.com/t/372456




Pillar of the Community
United States
4206 Posts
 Posted 11/23/2018  7:00 pm  Show Profile   Bookmark this reply Add Debrajc to your friends list Get a Link to this Reply
Interesting and the race is on.... very close right now.
Pillar of the Community
United States
772 Posts
 Posted 11/23/2018  7:12 pm  Show Profile   Bookmark this reply Add ty88ty2 to your friends list Get a Link to this Reply
50/50 on the nose right now. I would say constitutional because like you noted, it is legal tender, and who doesn't love old silver coins?!
Lincoln Cents - 2 holes; 1909SVDB/1914D / Indian Head cents - 14 Holes / Jefferson nickels - Complete / Buffalo nickels - 10 Holes / V nickels - 6 holes / Shield nickels - 5 Holes / Roosevelt dimes - Complete / Mercury dimes - 2 Holes; 1916D/1921P / Washington quarters - 4 holes / Standing Liberty quarters - 10 Holes / Barber quarters - 34 Holes / Kennedy halves - 6 Holes / Walking Liberty halves - 30 Holes / Franklin halves - 18 Holes
Other works in progress - 7070 / Canadian Cents / Canadian Nickels / SBA & SAC Dollars / Pres Dollars
Valued Member
United States
286 Posts
 Posted 12/04/2018  6:58 pm  Show Profile   Bookmark this reply Add edthelorax to your friends list Get a Link to this Reply
I have tried selling both constitutional and bullion outside of normal channels (ebay, dealers, etc). It is very very hard to get anyone to take silver when things are good in the world. If things get bad, I feel it will be even harder. If things get bad, consumables will be the thing to have to trade. Food, ammo, alcohol, tobacco, TP all will be very easy to trade. When silver becomes priced based on demand for physical instead of priced by paper trading, which I believe it will some day, the price in dollars will be much higher. When silver goes back toward 50$ there will be several issues with "junk" silver. One being weight, the wear on coins adds up. a 1000$ bag could weigh net only 700 ounces instead of 715. The premium on 1000$ bags will shrink and possibly go negative due to the refining times. When silver is hot, it can take a month or more to get 90% turned into "deliverable" silver. (1000 oz .999 bars) Someone has to take that risk of large daily price swings. Modern government issue 999 (Maples, Eagles, Onzas) should keep it's premium better than most everything else. Just my opinion.
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