| Author |
Replies: 25 / Views: 6,444 |
|
New Member
United States
40 Posts |
I am looking to buy a large silver coin. I like the look of the silver eagles and the finish (the non shiny, almost white look), but I was looking and see that there are other ones that are larger and would really like a larger cool looking silver coin. Can you guys let me know which one I can get for the best value? Value to me is 1. Closest to spec price of silver for the diameter of the coin. 2. Not a fake. Australian Silver Kookaburra 2 oz is 53mm Chinese Silver Panda 5 oz 70mm Libertad 2 ounce 48mm The goal of this purchase is to have a nice large coin, I will handle it. Is brilliant finish worse if I plan to handle it? I know silver does turn if touched to much. Does anyone know of any other cool large coins that are not to much more than the currently made bullion coin prices?
|
|
|
|
Rest in Peace
United States
1501 Posts |
Buy what you like, that way you have no regrets! I personally like the Libertads although the one ounce or onza is large enough for me. It will be your coin to do with as you please, so if you want to handle it, feel free! On the other hand if you want it to stay pristine put it in a protective cover of some type (PVC free)
|
|
New Member
 United States
40 Posts |
Yeah the whole point of getting a large one is to handle it because I enjoy my Silver Eagles so much. Which of those I listed is lowest priced over spec price?
Which might hold up to being handled the best?
|
|
Pillar of the Community
United States
1055 Posts |
I'm no expert by any means but I think the larger the coin the less over spot per ounce you pay. In 1 ounce coins I think you could probably get the Kookaburra the cheapest
|
|
New Member
 United States
40 Posts |
You would think that would be the case but it seems the larger the coin the more expensive it is.
|
|
Pillar of the Community
United States
1882 Posts |
If you want a coin to "hold up", hold it by the edges... Sounds like you want to have your cake and eat it, too. 
|
|
New Member
 United States
40 Posts |
Well it is bullion. As long as it can be recognized as a legit coin I doubt it will fall below spot price.
|
|
Pillar of the Community
United States
3098 Posts |
Yup, but then again the lowest premiums are for large bars. I can't help but to smile! I hedged a lot in at $12.44!  However, the lowest premium coins are either Maples or Philharmonics.
|
|
Pillar of the Community
United States
1882 Posts |
Quote: Well it is bullion. As long as it can be recognized as a legit coin I doubt it will fall below spot price. If you don't care if handling lowers it's value by a few bucks, then don't worry about getting the best "value" when you buy it. Buy whichever one you like the most.
|
|
New Member
 United States
40 Posts |
Good call. I think the Panda coins will tarnish quickly though. Does shiny tarnish quickly?
|
|
Pillar of the Community
United States
2049 Posts |
I stay away from anything coming from China...too many fakes are out in the market.
|
|
Bedrock of the Community
United States
10982 Posts |
Quote: Does shiny tarnish quickly?
Not really - If handled/stored properly, few coins tarnish quickly. Any silver coin can tarnish over time (it usually takes several months at least) but if it's strictly a bullion coin, you can dip it in E-Z-Est and remove the tarnish in seconds. Have you considered giant silver eagles? They vary in size with most ranging from 1/2 troy pound to 1 adv. pound and are often available for a nominal premium over spot price. Though technically not coins they are actually huge silver rounds that look like ASE.
|
|
Moderator
 United States
23494 Posts |
If you are looking for size the Kookaburra is the way to go the Kookaburra one of the most popular silver bullion coins among both collectors and silver investors. The Kookaburra comes in four popular sizes, 1oz., 2oz., 10oz. and kilo (32.5 oz. - the worlds largest silver bullion coin.)
rggoodie aka Richard "catch em doing something right"
|
|
Valued Member
United States
178 Posts |
Edited by TonysPics 05/20/2009 5:17 pm
|
|
Rest in Peace
United States
3730 Posts |
I like the English "Brittania." Beautiful coin.
|
|
New Member
United States
25 Posts |
I have bought several rolls of ASE bullion coins, and the first thing I did with my first roll was pull two out, one for my pocket and one for my sons pocket. there size and weight feels great in your hand. I carry it every day, and yes it is showing significant wear but oh well ..i love it
|
| |
Replies: 25 / Views: 6,444 |