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Any One Collect Bullion ASE?

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hfjacinto's Avatar
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7293 Posts
 Posted 02/13/2020  11:20 am  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
I still need 2 V nickels só the hunt maybe slow :)
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vdavis0524's Avatar
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 Posted 03/09/2020  11:09 am  Show Profile   Bookmark this reply Add vdavis0524 to your friends list Get a Link to this Reply
Once I started collecting again and learned about the Silver Eagles, I wanted to collect them for an investment (silver is supposed to continue to climb in price) and because it's another variety of the mint's production. I have 13 so far and no proofs or burnished yet. They are kind of expensive and my priority really is older silver coins like morgans and Peace dollars and quarters, etc.

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hfjacinto's Avatar
United States
7293 Posts
 Posted 03/09/2020  11:19 am  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply



Quote:
They are kind of expensive and my priority really is older silver coins like morgans and Peace dollars and quarters, etc


I don't really agree with this, you can get ASE for $2-$3 over melt, so $20.XX is not a bad price for an ounce of silver. Remember that most pre 1964 coins are 90% silver, so for quarters as an example it will cost almost $18/$19 to get an ounce as you will need 5.5 quarters. Currently my LCS is selling Junk Silver at 13.5X face, some places have had it as low as 13 and others up to 14X.
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