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 Replies: 20 / Views: 5,530 |
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New Member
United States
33 Posts |
So, I am trying to make a decision between buying 6 silver quarters, pre 1965, or buying one silver american eagle. Which do you think will be a better investment 20-30 years down the road?
Thanks for your help!
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Pillar of the Community
United States
1436 Posts |
American Eagle the better investment
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Pillar of the Community
United States
830 Posts |
I like and buy both.  |
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Pillar of the Community
United States
1454 Posts |
If I had to choose, I prefer SAEs. But I'd really like to have more junk silver than the few dimes and quarters in my current quiver. Just waiting for 10-12X face before I strike.
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Pillar of the Community
United States
3184 Posts |
buy both. So this time get the quarters, next time get the eagle. Quarters are older and aren't made anymore, silver eagles will always be made
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Pillar of the Community
United States
2734 Posts |
If the coins (choice of six Quarters or one ASE) are the same price, the six Quarters contain 1.085± oz. of silver, versus the ASE's 1.000 oz. ASE's always have a slight premium over melt (unlike the Quarters), but you can sell the Quarters individually. If silver hit $100/oz., you'd have the flexibility of being able to sell the Quarters for $18.xx each, instead of having to sell one ASE for $100+. Edited by DNA
08/18/2012 4:46 pm
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Valued Member
United States
223 Posts |
I'd go for the ASE. The only junk I'm buying are halves/Morgans. |
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Pillar of the Community
United States
648 Posts |
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Bedrock of the Community
13014 Posts |
I agree with DNA. Get the quarters since they have more silver which is what you are buying it for anyway
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Pillar of the Community
United States
759 Posts |
Well, if the quarters are something like slick Standing Libertys, they may not have more silver than an ASE, which could be long by a few hundredths. So how about this? Just flat out buy what you like better. The "investment" difference is likely to be negligible. |
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Pillar of the Community
United Kingdom
616 Posts |
Vending machines don't take ASE so you are less likely someone will accidently spend you silver on a coke. Go with the ASE. :) |
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Pillar of the Community
United States
3294 Posts |
Most vending machines don't take silver quarters either. That is how I found my first one in circulation. The machine wouldn't take it.
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Pillar of the Community
United States
4541 Posts |
I like pure silver over 90%. The only 90% I keep is halves. They are the easiest to move over the other stuff. The silver eagles always command a premium so I like them also
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Pillar of the Community
United States
830 Posts |
Quote:Vending machines don't take ASE so you are less likely someone will accidently spend you silver on a coke. Go with the ASE. :) That happened to my brother in law, lost his whole stash of silver coins when his kids found them and treated themselves to a day at the video arcade. He should have killed them, but they are still alive lol. |
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Bedrock of the Community
13014 Posts |
Go thats brutal. Hopefully it wasnt to substantial of a loss
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Pillar of the Community
United States
2734 Posts |
If silver goes past $100/oz., individual junk silver coins will be easier to sell (and demand will jump for Quarters and Dimes). There are already some fractional silver rounds being made (by Northwest Territorial Mint, for one). And this is coming from a guy with a lot of ASE's. Quote:Vending machines don't take ASE so you are less likely someone will accidentally spend you silver on a coke. Go with the ASE. :) My lucky pocket piece is a 1989 ASE I bought for face value out of a 7-11 cashier's drawer (in 1993). Someone could very well have bought a Big Gulp with it. Never say never!  Edited by DNA
08/19/2012 9:21 pm
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Replies: 20 / Views: 5,530 |
Posted 08/18/2012 4:18 pm
