When I start out I was obsessed with silver eagles but lost intrest in it quickly it lasted a month, from there I started with Morgan dollars it's been 4 years now, don't like any bullion coin love the old coins 100+ years to me silver price has no effect on buying silver. Its my guilty pleasure lol
Maybe more people are buying Paper Silver instead of the Real McCoy. Personally I much prefer to have the metal on hand and not in someone else's hands
I only buy the current year, I would think that the premium is higher than art bars and rounds if you are into stacking silver. I don't think that if the of the world as we know it happens one would never get the premium over the silver back. I'm biassing this on the prices of the current and older ones @ the LCS. Like most things the government does it goes way beyond the demand needed.
Gee whiz, it's getting so you can't trust some people on the internet. Maybe the company was just trying to drum up business. Thanks Chris, now I can sleep easy.
Stackers should go for something with right angles, for round ounces are a waste of space. Eagles cost a lot up here when you can find them, so most people go for Maples, known bars, or generic. I scored some J&M bars yesterday. My second ever silver purchase was 16 ounces of Eagles and I still have them. I hold them back because people know what they are in case of an emergency.
I only buy one or two bullion ASEs for each year just to have them, so it ends up being more of a numismatic purchase for me to go along with my proof and burnished ASEs.
I agree that it's better for stacking to buy bars. Not just for the space considerations that Libertad mentioned but for the better value. Yes, they aren't (necessarily) as liquid as ASEs.
That said, I LOVE ASEs and if the premiums were cheaper I'd have many more of them. Then again, Maples and Phils are gorgeous too. But it's just more economical to buy bars.
The only time the US Mint halts production of Silver Eagles is when the silver blank supply is disrupted. The blanks are sourced from Sunshine Minting in Idaho and they occasionally have problems keeping up with demand from the US Mint and other world mints. Remember that not too long ago, SAEs typically had mintages of less than 10 million per year. That number jumped to 20 million in 2008 with subsequent mintages in the 30-40 million range(47 million for 2015).
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Posted 08/24/2016 05:10 am
Then again, Maples and Phils are gorgeous too. But it's just more economical to buy bars.
