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What Would You Buy Within The Following Budgets?

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matt's Avatar
United States
40 Posts
 Posted 04/16/2011  12:38 pm  Show Profile   Bookmark this reply Add matt to your friends list Get a Link to this Reply
Disagree about hoarding silver. I believe what we're seeing now is a result of gold speculators realizing that the gold market is approaching it's bubble burst, and turned to silver in the meantime. Expect gold to pull back significantly within a year, followed by silver shortly thereafter.

I agree though with the other commentors about buying ultra-high grade common date coins, especially pre-1965 silver. MS67 Mercs can be had for $50-75 right now, and most Washington 25c MS65 or better are cheap as well. Wouldn't go for Roosevelt dimes though.
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Moe145's Avatar
United States
8904 Posts
 Posted 04/16/2011  5:27 pm  Show Profile   Bookmark this reply Add Moe145 to your friends list Get a Link to this Reply
1. Update all my modern coins with 2011 ones
2. Any Seated Liberty quarter I'm missing
3. Any Seated Liberty half dollar I'm missing
4. Any Seated Liberty dollar I'm missing/a nice Capped Bust half dollar that needs a home


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Gyrene7483's Avatar
United States
1704 Posts
 Posted 04/16/2011  11:59 pm  Show Profile   Bookmark this reply Add Gyrene7483 to your friends list Get a Link to this Reply
KenRingold silver 90% and 40%, U. S. coins are not currently being melted. When these are sold to a coin or bullion dealer they are either sold to a walk-in patron or sent to a smelter or refinery where they are bagged and sold to investors in $1,000.00 face value bags. The reason they are not melted is that there is too much demand for silver coin by people who would rather stockpile their silver in that form versus bars, rounds or ingots.
Valued Member
HalfDollarDave's Avatar
United States
79 Posts
 Posted 04/17/2011  07:02 am  Show Profile   Bookmark this reply Add HalfDollarDave to your friends list Get a Link to this Reply
1: 1 maybe 2 high grade Walkers
2: More high grade Walkers
3: a High grade 2 center or two
4: More high grade 2 centers

Any left over money I'd buy some small silver bars.
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