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Fractional Silver

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Pillar of the Community
Penny4Me's Avatar
United States
745 Posts
 Posted 06/01/2012  12:10 am  Show Profile   Bookmark this reply Add Penny4Me to your friends list Get a Link to this Reply
Yeah, real spot now for Morgans is little over $21, but will cost you close to $30 almost same as 1 oz bar of .999;
guess it depends on how high or low silver spot $ will go...
high spot price 1 oz bar is better
low silver spot $ then Morgans hold value
if silver was to hit $75 oz then no one would pay $75 for a Morgan
if silver was to hit $15 oz then someone would still pay $20 for a Morgan

Pillar of the Community
Ed_B's Avatar
United States
4008 Posts
 Posted 06/01/2012  10:17 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply
Saw a BU 1900 Morgan today for $45 but passed on it and bought a couple of dozen pre-1965 quarters instead. Most were just circulated bullion coins but a few of them were really nice. Got them at spot, so why not?
Pillar of the Community
Canada
1723 Posts
 Posted 06/02/2012  8:00 pm  Show Profile   Bookmark this reply Add samsnate to your friends list Get a Link to this Reply
Well have the kids made their first purchase yet? :-)
New Member
United States
22 Posts
 Posted 06/09/2012  12:52 pm  Show Profile   Bookmark this reply Add dreaming1 to your friends list Get a Link to this Reply
ebay has a lot of fractionals. Good place to see what's out there and what they go for. Sometimes you can then find direct sources for what you like for less as well.
Valued Member
OldGold's Avatar
United States
272 Posts
 Posted 06/09/2012  12:56 pm  Show Profile   Bookmark this reply Add OldGold to your friends list Get a Link to this Reply
They haven't bought any yet, they decited to save up for a full oz. I think they are just waiting to see if I get it for them lol.
Bedrock of the Community
IndianGoldEagle's Avatar
United States
36832 Posts
 Posted 06/09/2012  3:49 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
I would rather spend the money on the older "classic" 90% silver coin designs like the Mercury dime, Standing Liberty quarter and Walking Liberty half. I feel the best way to hold silver and it is how I do it is to hold the American Silver Eagles for the 1oz size, and these classic older issues for fractional sizes. The premium is too high for fractional sized silver rounds right now and when you sell them you are very lucky if you get melt value for them.
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