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What Coins To Buy For Silver Investing?

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Valued Member
everything's Avatar
United States
493 Posts
 Posted 04/22/2011  9:51 pm  Show Profile   Bookmark this reply Add everything to your friends list Get a Link to this Reply
I've heard stories of people sitting on huge bars of silver, to much to inventory, some of these guys have been collecting since before they inherited who knows what. They don't always know what they've got, or what's it worth. They just know they've got one or two safes that are packed full of the metal or coins. This is also a good time to save your money up in case you want to buy a little gold. It just ticked up and will likely go a bit further. When the upticks hit, people start selling. Buy in small quantities if you can get a deal. Prices are so ridiculous right now, if you whine, the dealers will give you a break because they will still want to move coins. And, buy proofs, if you can, I bought my first PF 70 today. Also, I worked out a deal with a family member just recently.. regarding silver or gold coins, BU, nuggets, etc. whatever they've got, it's as good as the coin shop or ebay for sure.
Pillar of the Community
Ed_B's Avatar
United States
4008 Posts
 Posted 04/23/2011  03:16 am  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply

Quote:
You only want to invest in silver? When silver is on the upswing?

I don't see the value on the return.


People have been saying that since silver rose above $15/oz. That was $32 ago. We are in a PM bull market. No one knows how far it will run but in investing, they say that "the trend is your friend" and right now, silver is VERY strong. If you are expecting fiscal sanity to return to DC anytime soon, then I would agree with you. If not, then buying $47 silver will look pretty smart when it goes to $75 or more. No guarantees, of course, but I would far rather bet on PMs right now than on the US dollar. But... to each their own. That's what makes horse races and markets!
Valued Member
hermanwilliams's Avatar
United States
309 Posts
 Posted 04/24/2011  11:43 pm  Show Profile   Bookmark this reply Add hermanwilliams to your friends list Get a Link to this Reply
Yeah, find the coins in BU condition that are the same value as silver price. At this time you will be protecting your "investment" on two fronts. Numismatic and bullion.
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