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 Replies: 10 / Views: 1,667 |
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Pillar of the Community
United States
1247 Posts |
For investment purposes, does it really matter if I buy Proof or BU?
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Pillar of the Community
United States
2120 Posts |
huge school of thought on this.
My opinion;
Bullion eagles are for investment.
Proof and BU eagles are for collections.
Remember, there is a difference between Proof, BU, and Bullion eagles.
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Pillar of the Community
United States
1796 Posts |
Agreed.
Proofs and Uncirculateds are specifically collector pieces. If you're in it for the silver investment, go with the bullion strikes.
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Moderator
 United States
187950 Posts |
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If you're in it for the silver investment, go with the bullion strikes. Agreed. I do not see a need to pay the numismatic premium if you are investing. |
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Bedrock of the Community
13014 Posts |
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Agreed. I do not see a need to pay the numismatic premium if you are investing. You could argue though that investing in the perfect 70 proofs ect over time will probably pay off more with the premiums some of the older ones fetch. But if were talking about raw coins or anything not perfect I agree bullion is the way to go. |
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Valued Member
United States
301 Posts |
I would also say bullion coins. Proofs and UNC's have a signifigant premium attached to them already straight from the mint.
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Pillar of the Community
United States
1316 Posts |
Bullion coin for investment, but on the other hand, there cheaper to put the entire run together, 1986 to current set makes a great way to collect...  |
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Pillar of the Community
United States
2120 Posts |
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You could argue though that investing in the perfect 70 proofs ect over time will probably pay off more I think that most will argue that MS70 Modern coins are most definitely NOT for investment purposes. |
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Bedrock of the Community
13014 Posts |
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I think that most will argue that MS70 Modern coins are most definitely NOT for investment purposes. People may argue that but I dont see why not. Is it a short term investment not a chance. But longer term absolutely. A good majority of them carry a very nice premium over what would have been at the time to get them, much more so than any silver price rise would have given the person per coin |
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Valued Member
Canada
178 Posts |
For investment, bullion is my school of thought. Although being from Canada I prefer Maples.
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Pillar of the Community
United States
1208 Posts |
Silver business strikes are an investment.
Coins are rarely worthy of pure investment. More like a gamble.
Proofs are a gamble. You pay a premium WAY above silver, and
the only way you are sure to recoup that premium is if the coin
turns out to be a rarity or key date. That doesn't happen often,
or they would all be key dates. Just like if coins were an investment,
all coin collectors would be rich. Buy the business strikes for as
close to melt as you can, buy the collector stuff to enjoy and pass
along to your grandkids. Good luck.
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Replies: 10 / Views: 1,667 |
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Posted 05/23/2012 12:41 pm
