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Silver Bullion Vs. US Silver %90 Coinage

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SDcoinguy's Avatar
United States
2424 Posts
 Posted 10/20/2010  12:46 am  Show Profile   Bookmark this reply Add SDcoinguy to your friends list Get a Link to this Reply
ok so is it safe to assume that when buying or selling silver, 90% legal tendered coins will resell better/faster ie. are more liquid, than say, generic .999 rounds or bars that are not ASE's?
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jbuck's Avatar
United States
188974 Posts
 Posted 10/20/2010  10:30 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
I agree with that assessment. Also, in my opinion, even a well worn coin is much nicer to look at than a generic round or bar.
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TenSense's Avatar
United States
364 Posts
 Posted 10/20/2010  12:27 pm  Show Profile   Bookmark this reply Add TenSense to your friends list Get a Link to this Reply
I don't know, I've got two of the Norfed rounds and they are pretty sharp.

SD, I think the key point here is recognizability. All things considered, a prominent bullion company like Engelhard or a national mint like the Canadian Mint gives recognizability, which are better any day than a generic round with a Marijuana plant on the obverse and Jerry Garcia on the reverse.
New Member
United States
11 Posts
 Posted 10/21/2010  06:22 am  Show Profile   Bookmark this reply Add kwyant to your friends list Get a Link to this Reply
Don't think that those 90% coins ever get melted. That is just the hype the dealers tell you to get you to sell low. 90% coins are trusted. A melt isn't. If they did melt them, you are right, the surviving coins would be more rare. Common for people to believe the melt myth, enough dealers are spreading it.

As to the 90% vs rounds, I've bought about 3k worth 90% over the last few months and none in rounds. Had to have an auction canceled because someone was selling silver coated copper rounds. Rumors abound of Chinese slugs. I even intentionally bought 2 fakes, a morgan and a peace so I could see how good those fakes are. They are very good. I need to get a gram scale.
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