90% silver vs rounds

[obstruksion]

Does anyone have any advice on which is a safer store of value? I'm a bit of a newbie on this and am making my first $1500 investment next week. I plan to buy $30k or so over the next year if the $hit doesn't completely hit the fan by then...thanks

 

[davver]

I've been purchasing Maple Leafs. They are more expensive then spot, but you can also sell them for more then spot. Thier purity is guaranteed by the Canadian government and they are easily recognizable.

90% bags seem an alright investment too.

 

[youngbuck]

Get both. I got a little over 50ozs of silver rounds. My last purchase was a $10 roll of 90% silver quarters, and I'm still waiting for it to arrive. After that, I plan on buying more 90% silver as I can afford it. Half dollars, quarters, and dimes.

Don't forget gold. Even if you plan on investing primarily in silver, you should still get the occasional 1/10oz or 1/4oz gold coin.

 

[Green Mountain Boy]

I've been purchasing Maple Leafs. They are more expensive then spot, but you can also sell them for more then spot. Thier purity is guaranteed by the Canadian government and they are easily recognizable.

90% bags seem an alright investment too.

Most of my silver is in Maple Leaves and 90% U.S. coins.

 

[WilliamC]

What about silver bars?

as at http://mjpm.com/silver.cfm?

 

[Cleaner44]

Get both. I got a little over 50ozs of silver rounds. My last purchase was a $10 roll of 90% silver quarters, and I'm still waiting for it to arrive. After that, I plan on buying more 90% silver as I can afford it. Half dollars, quarters, and dimes.

Don't forget gold. Even if you plan on investing primarily in silver, you should still get the occasional 1/10oz or 1/4oz gold coin.

One problem with gold less than an oz is the higher premiums you pay. For smaller budgets I like silver.

 

[Johnny Crab]

Not as a plug for a man who sees through the fiat but the moneychanger is worth checking: http://the-moneychanger.com/commandments.phtml

I've bought from him before with no problems.

 

[Cleaner44]

What about silver bars?

as at http://mjpm.com/silver.cfm?

Nothing wrong with them but my favorite is Silver Eagles because they are very easily exchanged.

 

[AceNZ]

I don't care for rounds or bars. The problem is that they aren't as widely recognized and are more subject to counterfeiting. Exchanging them in a person-to-person transaction might be difficult. There are already a lot of fake silver coins coming into the market from China, and I'm sure it will only get worse as the price goes up.

90% silver is my first choice (low margins). Silver Maples would be second choice.

 

[attackkatt]

ok you sold me..... who is the best for 90%

 

[Staupostek]

Just curious as to why some prefer Canadian Maple Leafs (silver and gold) to American Eagles (silver and gold)?

 

[specsaregood]

ok you sold me..... who is the best for 90%

Over the internet? These guys are tough to beat: http://www.apmex.com/Category/17/90_Silver_Coins_Rolls__Bags.aspx

And their customer service and response is A+

 

[attackkatt]

Over the internet? These guys are tough to beat: http://www.apmex.com/Category/17/90_Silver_Coins_Rolls__Bags.aspx

And their customer service and response is A+

Are pawn shops worth a look?

 

[Lyn]

I just bought a 1/4 bag from apmex and I was very pleased with the transaction. I would highly recommend them.

 

[ARealConservative]

Are pawn shops worth a look?

yes, some are.

Even apmex has a 19.99 shipping fee. If you are only spending 2k or less, that really effects the unit price.

 

[integrity]

EBAY has some decent deals, buy from reputable sellers only!

 

[attackkatt]

thanx

 

[davver]

Just curious as to why some prefer Canadian Maple Leafs (silver and gold) to American Eagles (silver and gold)?

Maple leafs have the highest purity. 99.99%

Also, the main value of a coin is the guarantee of the government that issued it. Is the guarantee of the US government going to be worth much if the dollar collapses?

Australian coins would be good too, but maple leafs were easier for me to buy and I consider them both good options.

 

[youngbuck]

Maple leafs have the highest purity. 99.99%

Also, the main value of a coin is the guarantee of the government that issued it. Is the guarantee of the US government going to be worth much if the dollar collapses?

Australian coins would be good too, but maple leafs were easier for me to buy and I consider them both good options.

Well in that case, maybe we should get some Chinese Pandas for the sake of silver diversification?

 

[davver]

Well in that case, maybe we should get some Chinese Pandas for the sake of silver diversification?

China has too many counterfiet coins. Purity diluted. I'd stay away from them.