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$100 - What To Buy?!

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nolawyer's Avatar
United States
763 Posts
 Posted 11/11/2010  12:32 pm  Show Profile   Bookmark this reply Add nolawyer to your friends list Get a Link to this Reply
SDCoinguy,

I just compared a recent grey sheet with one from last year. It looks like the common date MS63 and lower coins have gone up due to the silver market, but the MS64 and higher coins haven't been affected.

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SDcoinguy's Avatar
United States
2424 Posts
 Posted 11/11/2010  12:38 pm  Show Profile   Bookmark this reply Add SDcoinguy to your friends list Get a Link to this Reply
yea,

i just want to get my moneys worth you know?

if I get ms60 or ms63, how much have the prices increased for the franklins compared to the overall price of a 64?
Valued Member
TenSense's Avatar
United States
364 Posts
 Posted 11/11/2010  12:42 pm  Show Profile   Bookmark this reply Add TenSense to your friends list Get a Link to this Reply
As long as silver keeps slowly rising, the intrinsic value of coins will begin to pass their numismatic value, in particular for common dates. However, if silver goes down, you still have the numismatic value to fall back on. So it's a nice double-edged investment.

I operate on the assumption that smelter activity will eventually impact the availability of all silver coins, so I just buy whatever I can as far under spot as possible, since I'm way, way long on this stuff. History seems to agree with me -- see also Franklin halves pre and post-82 silver melt.
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SDcoinguy's Avatar
United States
2424 Posts
 Posted 11/11/2010  12:46 pm  Show Profile   Bookmark this reply Add SDcoinguy to your friends list Get a Link to this Reply
so, if you had $100, would you get some MS+ franklins even if melt had effected it?

my dealer offers decent prices. I'm going to check it out today and see what they have and hope its not to much above melt.. but with MS+64/63 franklins, they will hold a premium, $15-$20 wouldnt you say?
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upstate's Avatar
United States
3278 Posts
 Posted 11/11/2010  1:03 pm  Show Profile   Bookmark this reply Add upstate to your friends list Get a Link to this Reply
Looks like you made your mind up but for $100 I'd get a nice 1909 s Lincoln.
I just love that coin for some reason. I also love unc. Frankins and walkers though.
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SDcoinguy's Avatar
United States
2424 Posts
 Posted 11/11/2010  3:56 pm  Show Profile   Bookmark this reply Add SDcoinguy to your friends list Get a Link to this Reply
well, I'm back from the coin shop! I'm very pleased with what I got! I will post it under a new thread,,,
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