Is Collectible Silver Bullion Getting Unrealistic ?

I had someone point out to me that sometimes buying large amounts of silver coins ( like 10c, 25c, 50c and 1d ) is more worth your while if they're "junkers" because people will sell them at very close to melt value and if the worlds monetary system re-converts to the use of precious metals, well you're already set with whatever you have saved up :) this is one of the main reasons I roll hunt quarters every week pulling on average 1-2 dollars face value in silver coinage every 1-2 weeks. It may be a long process but it fills holes in albums and now that I have 1959-1968 in silver quarters ( canadian ), most of the silver quarters I pull are years I already have. I'm about 3/4 of the way filling a quarter tube with "junker" silvers.

And think..the only money I'm spending is the face value of whatever I pull out :)

Taken up roll hunting too recently. Though I'm getting weirder stuff, like euros, a japanese coin, and the occasional dime. Also very close to completing the american State Quarter set, all from roll hunting quarters only.

I would argue that the rarer bullion is protected from large silver-price fluctuation because of its numismatic value. The minimal experience I have buying and selling privy-marked maple leafs taught me that the limited issue coins will rise and fall with spot silver slower than standard issue coins (at least on ebay).
That said, I still do sell most of my "rare" bullion to fund the growing collection of "regular" ones.

"full set of star wars coins that where a low mintage in 1987"

Double edged sword, silver an genre....

I have always said I would prefer to go after the harder to get rare items, as they will always bring more. Spend less, get less, spend more get more. And in the end I could care less how much I like something, as I am always more concerned with how much the masses like what I am investing in....

I put four hundred in a complete set of die-cast Star wars ships from 1980 not long back oddly enough, and you could count the tiny paint chips on one hand of all 11 ships, most rare for 32 year old loose toys. The hard to find Tie Bomber cost me $136 alone, and the other two on ebay are BIN $200 or $300 loose and the two in boxes are BIN 3 grand plus. And the two loose ones are no where as nice as the one I got for $136. The other 10 ships go for $10 to $40 each depending on condition and being complete or not....

You could go right now to ebay an type in die cast vintage star wars, and find many examples, but zero as nice and 100% complete as my set. I hand picked each ship like a king fisher. Now then complete sets with Tie Bomber brings $650 on ebay, my set will bring $800 to 1000, or I will not sell it. When it does sell, I will convert that money into more high premium Pm's....

I sell anything not nailed down minus gold, lol. I even have all my ice hockey goalie gear up for sale now on ebay now that I am retired, and it is gonna sell, and that is gonna become more gold baby!

Being willing to sell anything (for the right price) is a good way to go about it Silverhawk :). I grabbed the star wars coins for 200 just last month :D.

As for gold I was thinking I might sell my 1834 gold coin and buy lots of silver with it rofl... To each their own :D.

"if the worlds monetary system re-converts to the use of precious metals"

LOL...what? here? LOL this planet? with these puppets in play?

Warning heeded Ed, though, like a slow cooking frog, i'll likely keep at the semi numismatic/rarer bullion since most of my profits from buying and selling PMs come from that category. Averaging ~30% return within 2 months now that my wife and I have developed a better eye for what will sell. Straight up bullion on the other hand, is fairing ~%5.
SHTF scenario is another story altogether. I'll cross my fingers that collectors in us, or at least the richer lot, are still willing to offer 2 loafs of bread for that rarer silver coin instead of 1. Until then, still a happy camper

There are many reasons for owning PMs and most of them are pretty good ones. If you are making numismatic coins work and produce profits for you, then great. Go for it and make lots of money with which to buy whatever makes you happy. Buying and selling is not my thing, so numismatics aren't of interest to me. I know that a lot of others out there disagree and that's fine. There's plenty of room on the PM bus for everyone who wants to ride it.



Indeed it is and that is my primary reason for owning bullion. Wealth protection from inflation is the 2nd reason. The fact that I enjoy collecting silver coins and bars and looking at them from time to time is a distant 3rd but still a viable reason for owning them. My silver is an insurance policy against financial collapse, extended depression, and a number of other financial disasters. Like most collectors, I HOPE that I will never need to use it this way because if I do it will mean that many of my countrymen will be suffering terribly. I would FAR rather just continue to collect what I can afford and then pass it along to my kids and grand kids someday.