Which Coin? - Page 2 - Coin Community Forum

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Steele Pillar of the Community United States 1119 Posts	Posted 07/31/2015 12:41 am The coin I would buy to maximize profits would probably be the Canadian Maple Leaf. They are a little cheaper than American Silver Eagles here. To absolutely maximize profit on silver though I would not buy a coin I would buy a generic silver round or bar to get it for even a little bit cheaper. But then again I am not really sure because I usually get spot plus a dollar for ASE, spot for Maples, and spot minus a dollar for generics from my LCS. If the spot price of silver went up to $500 all bets are off, because most likely a bag of flour or a Bic lighter would be more valuable than any silver coin. Report this Post to the Staff
Misterpostman Valued Member Australia 208 Posts	Posted 07/31/2015 09:00 am If I believed that silver was headed to $500 and ounce (or even $100) I would be buying all sorts of silver hand over fist. If I had to pick just one COIN (not round or bar) like the OP question asked, I would probably choose Canadian Maples - the premiums are lower than ASE's and they are still very easy to sell when the time comes. I am very pro silver, but don't see $500/oz. I still love silver coins, but I am finding the best bargains on sterling silver items at garage and estate sales, I might be averaging about 50-60% of melt. Report this Post to the Staff
JoggingLiberty Valued Member 292 Posts	Posted 07/31/2015 1:44 pm Buy dimes as there is no shortage of silver dimes. Heck, you can easily find silver dimes coin roll hunting as well. Also, such a small sized coin will allow you to make more transactions if you could use the silver directly as currency. Report this Post to the Staff
MontanaCMR Pillar of the Community United States 606 Posts	Posted 07/31/2015 2:38 pm I won't buy anymore Canadian Maple Leafs because of the milk spotting issues. I love Maple gold because of the .9999 as it keeps its brilliant luster. Report this Post to the Staff
yup7676 Pillar of the Community United States 3789 Posts	Posted 07/31/2015 7:41 pm The OP is pretty much talking about a dreamland scenario. There is a glut of silver around the world. Its clear the best times are over for silver. Therefore, buying large amounts of silver is a pure waste of good money and counting on making large amounts of money based on wild predictions of high numbers is really just a fantasy. stay away from silver and gold, they are not worth investing in nor worth looking at turn over for big profits. Report this Post to the Staff
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