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colu41's Avatar
United States
376 Posts
 Posted 07/01/2012  3:33 pm  Show Profile   Bookmark this reply Add colu41 to your friends list Get a Link to this Reply
Same here, but yes, I love the look of the Silver Eagles, but I love the price of the 90%. I'll just continue to buy both until my mind decides what I really want
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coinwatch's Avatar
United States
808 Posts
 Posted 07/01/2012  5:43 pm  Show Profile   Bookmark this reply Add coinwatch to your friends list Get a Link to this Reply
Outstanding plan!
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Ed_B's Avatar
United States
4008 Posts
 Posted 07/01/2012  5:47 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply

Quote:
Any silver will do in this case, but I wouldn't go paying big premiums over spot because in a collapse scenario I am not sure people are going to care that you paid $5 over spot for a Silver Eagle.

My thought is that in a collapse scenario, silver will be worth WAY more than any of us paid for it and whatever premium we paid will be a dim and distant memory. Paying lower premiums will get us more ounces of silver for the same amount of fiat, though.
Valued Member
colu41's Avatar
United States
376 Posts
 Posted 07/01/2012  5:54 pm  Show Profile   Bookmark this reply Add colu41 to your friends list Get a Link to this Reply
Ed_B good reply. That's how I try to see it also
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Steele's Avatar
United States
1119 Posts
 Posted 07/01/2012  7:57 pm  Show Profile   Bookmark this reply Add Steele to your friends list Get a Link to this Reply
I am new to buying silver but I tend buy what I like. I bought some small 1 oz bars, some ASE, ATB coins, and various other 1oz pieces, and a litlle 90% whenever I can. I have gotten 6 proofs in the last 7.00 face value 90% quarters from my local shop. They are out of place with the rest of them they shine like the Dickens.
Valued Member
colu41's Avatar
United States
376 Posts
 Posted 07/01/2012  9:13 pm  Show Profile   Bookmark this reply Add colu41 to your friends list Get a Link to this Reply
I was thinking about purchasing some 1 oz bars but, not sure how I felt about them. Can't beat an ASE, but I may have to give it a try. Just found out theres a local dealer by me who just came into business selling 2012 ASE's for $30 out the door! I may go buy a few tomorrow.
Valued Member
OldGold's Avatar
United States
272 Posts
 Posted 07/01/2012  9:16 pm  Show Profile   Bookmark this reply Add OldGold to your friends list Get a Link to this Reply
I'm trying to keep my average cost per Oz below $30 so I buy ASEs when they get low enough and bars when I have to.
Valued Member
colu41's Avatar
United States
376 Posts
 Posted 07/01/2012  9:36 pm  Show Profile   Bookmark this reply Add colu41 to your friends list Get a Link to this Reply
Oldgold thats a good method. Because realistically $30 an ounce is probably not too far away again.
Valued Member
OldGold's Avatar
United States
272 Posts
 Posted 07/01/2012  9:48 pm  Show Profile   Bookmark this reply Add OldGold to your friends list Get a Link to this Reply
True, but my stack is a lot smaller than most. I went a few months without buying any waiting for silver to drop again. When silver takes off again, I may have to rethink that number though.
Edited by OldGold
07/01/2012 9:48 pm
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Ed_B's Avatar
United States
4008 Posts
 Posted 07/02/2012  8:52 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply

Quote:
Ed_B good reply. That's how I try to see it also

Yep, that's when you know that someone else is smart... they agree with you!
Valued Member
aandabooks's Avatar
United States
223 Posts
 Posted 07/02/2012  9:22 pm  Show Profile   Bookmark this reply Add aandabooks to your friends list Get a Link to this Reply
I built my first 100 ozs in ASEs and junk silver primarily. Since then the only junk silver I've been buying are Morgan/Peace dollars at melt and Merc dimes at melt.

I now primarily focus on generic silver rounds (i like the ones that commemerate an event), modern commems and Prestige sets. I still buy ASEs if the premium is not too high. Recently completed sets of 46-64' dimes and War Mercs. Have about a half set of Franklins I'm working on. All of the sets are in uncirculated or high AU condition.

Collect what you like. Staying as close to spot as you can is a good strategy.
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