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 Replies: 43 / Views: 2,863 |
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Pillar of the Community
United States
880 Posts |
Not much Platinum for that kind of money, but does it have more upside? Or go with silver because of the volume of it? I guess gold could be thrown into the arguement as well, but with it's price being above what platinum currently is I'm just not sure...
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Pillar of the Community
United States
3294 Posts |
Personally, I would go with silver. Platinum is probably going to have a higher premium since you can't afford a full oz for $1000.
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Pillar of the Community
 United States
880 Posts |
Oh that is a good point. There are the premiums on anything below an ounce...
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Pillar of the Community
United States
880 Posts |
So speaking of premium, here's one worth considering. I can get 20 AU Peace dollars for about $525 (which is about 15.46 troy oz silver) or I can get 100 bullion quality quarters (18.08 troy oz silver) for $548. So... more silver for the money or go with ones that have a little numismatic value to them (at least in my opinion). |
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Pillar of the Community
United States
3294 Posts |
$27.50 is not bad for an AU Peace dollar. Even if silver drops to the teens, I would expect you could still sell the AU Peace dollars for $20 each. This means you would have a lower downside, but you would also be limiting you upside a bit because you have about 1/6 less silver. |
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Rest in Peace
United States
9104 Posts |
I'd stick to silver on anything less than an ounce pt price.
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Pillar of the Community
United States
880 Posts |
I'm thinking Peace dollars as well. Even when silver goes up the premiums on AU PD will go up as well. |
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Pillar of the Community
United States
2424 Posts |
i would hold out for Peace dollars. and, now that silver is STILL falling.. you may be able to get them cheaper |
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Pillar of the Community
United States
880 Posts |
I don't know how low prices will go on AU Peace dollars though. I guess they would fall more than AU Morgans would... |
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Valued Member
United States
458 Posts |
1964 Kennedy Halfs would be a good idea as well. (Assuming you go Silver)
You could get over 90 of them at this moment.
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Pillar of the Community
United States
880 Posts |
Halves are an option too, but I'll probably stick to dimes, quarters or the AU PD
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Valued Member
United States
228 Posts |
I'd jump on silver (physical), today. It's about $29.25 oz now, and has stopped its' freefall. Looks like a major buy today. I would still avoid the leveraged ETF's - and buy the coins.  |
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Valued Member
United States
458 Posts |
That would be a lot of dimes...
Quarters arent a bad idea though. Would still be quite a few.
It just seems an investment would be easier with less pieces to count and store.
However, my opinion is bias bc if I had 1000 dollars to throw at silver, I would be completing my dime and quarter sets. Key dates are pricey :P
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Pillar of the Community
United States
880 Posts |
You know that makes a good point, dimes would be a PITA. I've been watching silver closely. These prices I'm getting are directly tied to current silver prices. So if I can save a few bucks I'm going to.
Also - I just started collecting AU PDs for a set, so to have some as bullion and be able to add a few to the collection is what I'm thinking.
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Pillar of the Community
United States
880 Posts |
I think what I'm going to do is split my purchase up too. I think I'm going to put $500 into silver today (lock in my price) and then if it drops I'll spend another $500 when I go to pick it up.
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Pillar of the Community
United States
3670 Posts |
I know where as of around 2 A.M., last night (and this price has probably went back up), but at Provident you can get non proof liberty 1 10 platinum rounds for around 181 each....
Now then I selected 5 to see how much it would cost to calculate shipping, and only 14 bucks. So around 920 bucks for a half oz. of platinum, lol....
TRY and find a better deal, good luck, and that will NOT last long, as I bet I will go look now and those are probably back up around 200 each....
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Replies: 43 / Views: 2,863 |
Posted 09/26/2011 10:18 am
