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Suggestions For Buying Silver Eagles With Income Tax Return

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kanga's Avatar
United States
5825 Posts
 Posted 03/01/2018  08:50 am  Show Profile   Bookmark this reply Add kanga to your friends list Get a Link to this Reply
For collecting purposes, yes, start a set.
For investment purposes, forget it. Buy bars or rounds.
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jbuck's Avatar
United States
189142 Posts
 Posted 03/01/2018  1:41 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
For collecting purposes, yes, start a set.
For investment purposes, forget it. Buy bars or rounds.
Sounds like good advice.
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Rainman's Avatar
United States
294 Posts
 Posted 03/01/2018  5:21 pm  Show Profile   Bookmark this reply Add Rainman to your friends list Get a Link to this Reply
Coin collecting is merely a hobby for me. Not something I plan on counting on as a investment. So I will start on a set.
Edited by Rainman
03/01/2018 5:32 pm
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jbuck's Avatar
United States
189142 Posts
 Posted 03/01/2018  5:45 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Coin collecting is merely a hobby for me. Not something I plan on counting on as a investment. So I will start on a set.
Wise decision. Coins are to enjoy now, not make your heirs rich later.
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Debrajc's Avatar
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4211 Posts
 Posted 03/01/2018  6:53 pm  Show Profile   Bookmark this reply Add Debrajc to your friends list Get a Link to this Reply
I am a "set" collector myself so I am happy to hear
you will be putting the ASE bullion set together.

Keep us posted on your progress!
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MikeF's Avatar
United States
3479 Posts
 Posted 03/01/2018  7:17 pm  Show Profile   Bookmark this reply Add MikeF to your friends list Get a Link to this Reply
*** Edited by Staff - Please review the rules that you agreed to when you registered. ***
Edited by MikeF
03/01/2018 7:22 pm
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MikeF's Avatar
United States
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 Posted 03/01/2018  7:35 pm  Show Profile   Bookmark this reply Add MikeF to your friends list Get a Link to this Reply
*** Edited by Staff - Please review the rules that you agreed to when you registered. ***
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United States
83 Posts
 Posted 03/04/2018  2:01 pm  Show Profile   Bookmark this reply Add ShinyCat to your friends list Get a Link to this Reply
I collect the proof ASEs directly from the mint, but getting them from APMEX or jmbuillion will save you some cash. I enough buy on ebay from other CCF members.
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Foxwoods Man's Avatar
United States
4901 Posts
 Posted 03/04/2018  3:18 pm  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply

Quote:
I collect the proof ASEs directly from the mint, but getting them from APMEX or jmbuillion will save you some cash.


...and they would be a different product
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CelticKnot's Avatar
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12844 Posts
 Posted 03/04/2018  11:09 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply


It should be mentioned though, that you can buy both UNC and bullion ASEs from authorized bullion dealers such as APMEX or JMB. Just make sure you understand the difference between the two.
Edited by CelticKnot
03/05/2018 10:29 am
Valued Member
United States
83 Posts
 Posted 03/05/2018  02:12 am  Show Profile   Bookmark this reply Add ShinyCat to your friends list Get a Link to this Reply
While proofs are a different product, so are the rounds and bars also suggested upthread.

It depends on what aspect of the ASE product the OP wants most - silver in coin form, most Ag for the $200, or the ASE look/design. If it is the design, the quality of a proof strike might make up for getting less than half the silver content.
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CelticKnot's Avatar
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12844 Posts
 Posted 03/05/2018  10:45 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
JMB has 10-oz bars on sale for $0.49/ounce over spot. I'll buy that every time over the 2018 ASEs they're selling for $4.99/ounce over spot.
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1913 Posts
 Posted 03/06/2018  11:48 am  Show Profile   Bookmark this reply Add Bret to your friends list Get a Link to this Reply

Quote:
BadDog I'm looking at starting a set . I'm kind of confused on the bullion sites . Some of the newer coins they list the grade is BU and other coins they don't list the grade. I'm sure they're out of mint rolls. They should be bu unless they allowed their two-year-old to play with them and experiment with a hammer.

It all depends on how picky retentive you are. When completing my ASE collection, I found that most bullion ASE's that you'll find at coins shows have finger prints, scratches and spots. It took me a couple of years to find a full set of truly problem free coins. I've witnessed dealers handling ASE's properly (gloves, not breathing over them) and others putting their bare fingers all over them.

Since it sounds like you're planning on looking at your ASE's, I'd suggest buying capsules for them. They prevent air from getting to the coins and you can hold them just like you would a coin without fear of contamination.
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Rainman's Avatar
United States
294 Posts
 Posted 03/07/2018  7:33 pm  Show Profile   Bookmark this reply Add Rainman to your friends list Get a Link to this Reply
After taking in all this information and doing some research. I have decided to start a ASE bullion set 2018-2008. A unc. burnished set is way over my coin budget. My eyes has also been open to possible investing in some bars or rounds with some of the information provided.
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 Posted 03/31/2018  11:30 pm  Show Profile   Bookmark this reply Add freddo30 to your friends list Get a Link to this Reply
I apologize for being a grammar Nazi but the tax "return" is the statement you file with the IRS in hopes of receiving a "refund" ... I filed a "return" every year since Nixon but have never received a "refund" because I refuse to over-withhold as an enforced savings plan while giving a free loan for a year to the government.
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