Gold Or Silver? Which Way To Go

i recommend you do way more research before you ask for someones opinion on where to spend your money..

with that being said, the lower the premium you pay the more silver you get in your hands.. if you are paying 2-3 bucks premium for a coin, it has to go up that much for you to just break even.. when you go to sell, you will get spot price for the lower names, where as the recognized brands will usually get you spot plus a buck.. a lot to take in if you are new to buying..

i prefer silver. but to each their own.

If you only have $1200 then you can't afford a Buffalo or American Gold Eagle 1oz coin. So Silver is your bet.

last thoughts, the premiums on fractional anything is ridiculous, you have more upside potential with silver ounces, than gold ounces. if you can buy 60 ounces of silver for 1200$, or 1 ounce of gold for 1200$, if silver moves anything ,,you get that times 60 if gold moves anything you get that times 1..

You didn't list your reasons for purchase. If for investment purposes, run, run away fast. PM's aren't what you want.
If for general coin collecting or for maybe wealth preservation, I'd choose silver, mostly in the form of the Walking Liberty half dollar, can find them with general circulation wear for around 11 times face value. You get classic numis/silver value for a low price over premium. Next choice would be the Mercury dime. Another classic and a widely recognized piece of silver to use for barter in case shtf.

One common pre 1933 US $20. Better value for your money buying sovereigns or 20F's, but I like US gold coins.

I firmly believe silver will out-perform gold on the longer timeframes. With the GSR or Gold/silver ratio being at 86 (86 ounces of silver =1 oz gold) it is the third highest in the history of, ALL human history. This is only exceeded by a spike above 100 in 1939 and 1991-2 period when it reached 99 in Feb. 1991. Historically, up until about 100 years ago, the ratio was around 16-20. It is said there is about 16-19 times the amount of silver in the earth's crust as there is gold. Something like 90% of the gold ever mined is still around in coin, jewelry or bullion form. About the same 90% of the silver ever mined is gone! Non-recoverable uses like film, electronics, medical and plating have consumed the majority of above ground stockpiles. The US exhausted it's "Strategic Silver Stockpile" somewhere around 2001. Silver has vital, irreplaceable industrial uses like the tiny bit that goes into every cell phone. This is very inelastic as a double in the price of silver will have zero effect on how many phones are made. There is far less industrial demand for gold. The majority of silver is mined as a by-product of other metals and a sharp increase in demand will not be followed by an equal increase in production. This is because there are very few primary silver miners that can ramp up production anywhere near what would be required to adjust the market. Finding new silver deposits not only take a lot of time to bring online, but are quite rare as most primary silver deposits have already been located and mined due to their tendency to be located near the surface of the earth's crust.
It is my opinion that during your grandkids' lifetimes the GSR will revert to the very long term average of 20, if not overshoot it. The best time to buy something everyone needs is when no one wants it. As long as you have the patience to wait it out and do not trade paper silver using leverage, silver is a no-brainer. Just my humble honest opinion.
EdThelorax

You exit strategy will always define you entrance strategy with a B plan.

If you have only 1200 to spend you can go with silver it has more ROI especially with semi numismatic (limited mintage). Or you can buy silver and fractional gold (higher premium).

I like silver for the ROI and collection (pandas, kooks,..) but when you reach thousands of ounces thats not good if there's an emergency to leave. Thats when gold is bettwr !