Bullion Vs. Coins - Page 2 - Coin Community Forum

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Author	Replies: 19 / Views: 2,490	Page: of 2

mycrob Pillar of the Community United States 2602 Posts	Posted 01/16/2008 3:07 pm For purely investment purposes, I would not do silver, but rather go with keys or semi-keys. Keys and semi-keys almost never go down in value. They may stay the same for a few years, but rarely go down. Silver and gold, on the other hand fluctuate wildly. And since silver and gold are at historic highs, I personally wouldn't be a buyer right now, but a seller. Even in the worst economic times over the last 25 years, the keys and semi-keys at least tread water. I agree with Coppercoins that there are other better investments than coins. Report this Post to the Staff
ME CO Valued Member United States 99 Posts	Posted 01/16/2008 3:52 pm I would rather have my wealth in metal personally, if I had more wealth that metal would be gold, as it is I like ME few hundred ounces worth of 90%. If silver plays catchup like some predict I would like to trade over and get some gold. Gold is too expensive for ME to buy outright right now but if silver were to take off and gold stay under $1000 I would convert in a heartbeat. I have some placer gold that I found myself that I am debating on selling at these high prices and converting to silver- I have been debating this for some time, the sentimental value keeps winning out haha. HH Mark Report this Post to the Staff
shatsi Pillar of the Community United States 1541 Posts	Posted 01/16/2008 5:00 pm I've been wondering... lot of people are talking about a recession. And how buying gold and coins would help you stay afloat during a recession. Its also true that during a recession people are very reluctant to spend money but rather hold onto the paper money you have. So assuming even collectors would hold on to the paper money they have who actually buy the coins others are willing to sell? Report this Post to the Staff
TheForce Pillar of the Community United States 4868 Posts	Posted 01/16/2008 7:42 pm I see silver today closed at $15.91/oz... Report this Post to the Staff
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