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 Replies: 38 / Views: 3,861 |
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Pillar of the Community
United States
787 Posts |
I am just curious to know how many here prefer the 90% Pre-1965 coins to bullion pieces like the American Eagle or the Canadian Mapleleaf.
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Valued Member
United States
458 Posts |
I do, I prefer to hold history in my hand!
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Pillar of the Community
Australia
7096 Posts |
I would rather have a morgan than a maple leaf anyday  |
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Pillar of the Community
United States
3184 Posts |
Same, I rather have a morgan over bullion...........I get history and PM all in one
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Pillar of the Community
United States
1454 Posts |
NCLTs or bullion for me. Dead presidents are so insipid.
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Pillar of the Community
United States
648 Posts |
I appreciate the history with 90%. However, I am currently on a pure .999 silver bullion mission and would opt for Maples or ASE's. The majority of folks here based on votes and polls in previous posts, would actually say 90%. Edited by tripncoins
06/15/2012 07:02 am
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Pillar of the Community
United States
1304 Posts |
I like both of them.  I seem to buy bullion for awhile, then 90% for awhile. No rhyme or reason. |
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Pillar of the Community
United States
3294 Posts |
90% coins for me. Many of them are worth well above the silver in them anyways.
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Pillar of the Community
United States
863 Posts |
Yea I like the 90%. They have the history.
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Pillar of the Community
United States
2049 Posts |
I buy both. I like 90% US silver for the historical aspect and like the size of the 1 ounce 0.999 silver bars/rounds. I am more heavy in the 90% silver though but will buy whichever one I get a decent deal on.
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Pillar of the Community
United States
808 Posts |
I like both as well. I buy 90% as long as it grades better than cull and can be had for very close to spot price. But I also buy bullion to maintain the quality and maximize the marketability of my stack.
Now, I also collect US, European, and other world coinage. Sure, there's always a little overlap. However, my buying decisions when collecting for numismatic value are very different from my stacking.
Edited by coinwatch
06/15/2012 09:40 am
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Pillar of the Community
United States
759 Posts |
90% because of it's lower bid/ask spread and it's sometimes availability under spot. Note that I look at silver as a hedge/potential investment, not a collecting activity. I believe that if silver does say, hit $100-$200 an ounce, the spreads on many of the .999 items will shrink in percentage terms and 90% would provide the better return. I often have to remind myself why I'm building a small stash. Many of the .999 items are really stunning designs, but I'm setting aside silver, not collecting cool rounds at a premium.
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Pillar of the Community
United States
5855 Posts |
I like both. The problem is that I don't really care for "bullion grade" (a.k.a. cull) 90% silver coins; if I'm going to buy historic silver coins I really prefer to get them in AU/BU condition. And at that point you're actually paying a higher premium than if you just bought brand new silver bullion like Silver Eagles. As a result, when I want to buy coins purely for the historical interest, I tend to buy higher grade old Morgan dollars, Mercury dimes, etc. If I am buying purely for silver investment purposes, I'll buy brand new Silver Eagles or Maple Leafs. I know a lot of people enjoy a well-worn coin because of the implied history, but I always find them to be a bit sad... |
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Valued Member
United States
458 Posts |
I agree that the premium on the fancy silver rounds are a bit silly. Why pay double for an ounce of silver?
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Pillar of the Community
United States
808 Posts |
Quote:
Why pay double for an ounce of silver? Heh! I agree it's way too easy to pay too much when it comes to PMs. Basic strategy says to keep costs down, right? However, not all coin premiums seem unwarranted. Kookaburras and Pandas come to mind. As long as a viable collectors market exists that can sustain the premium asked, where's the problem? |
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Valued Member
Canada
178 Posts |
The most Silver for the $$$ is what I always opt for.
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Replies: 38 / Views: 3,861 |
Posted 06/15/2012 03:15 am
