Tips from MT Coin Collectors - Page 9 - TigerDroppings.com

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Lsut81
USA Fan
Member since Jun 2005
64147 posts

re: Tips from MT Coin Collectors


quote:

"The numbered/sealed/certificated packaging of these bars are a more attractive product than raw Silver bars.."


Yeah, like anything else... Would be cool to collect, but as a " shite hits the fan, dollar collapses, precious metals as currency" perspective, would they be worth anymore than a generic 1oz silver






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LSUtoOmaha
LSU Fan
Nashville
Member since Apr 2004
21097 posts

re: Tips from MT Coin Collectors


Nope. If you are going for the commodity as a pure hedge, the weight (and the condition to an extent) is pretty much what matters.





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Lsut81
USA Fan
Member since Jun 2005
64147 posts

re: Tips from MT Coin Collectors


quote:

Nope. If you are going for the commodity as a pure hedge, the weight (and the condition to an extent) is pretty much what matters.





I mean, I'd like to own a PAMP piece, but I'd like to buy up small amounts of silver over time, as a pure hedge.






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LSUtoOmaha
LSU Fan
Nashville
Member since Apr 2004
21097 posts

re: Tips from MT Coin Collectors


If you want to go the collectible route, I think high-grade Morgans are your best bet. These ceritified premium bars may just be a passing noveelty.





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RickAstley
LSU Fan
Reno, Nevada
Member since May 2011
1607 posts

re: Tips from MT Coin Collectors


I think Morgan's are very neat, what makes them more attractive to you in your opinion?





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LSUtoOmaha
LSU Fan
Nashville
Member since Apr 2004
21097 posts

re: Tips from MT Coin Collectors


No real reason, other than a relative gave me one as a gift when I was younger and I thought it was really cool that that coin came from 1888.

Obviously it's more of a sentimental thing. I don't even have a coin collection, but these threads and the research behind them are intriguing.






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RickAstley
LSU Fan
Reno, Nevada
Member since May 2011
1607 posts

re: Tips from MT Coin Collectors


Yea the age factor is one thing that makes it very desirable. My father has a 25 cent note from between 1850-1870. I researched prices for it online and I wasn't impressed, although just being able to see it and study it was an experience in itself.





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Lsut81
USA Fan
Member since Jun 2005
64147 posts

re: Tips from MT Coin Collectors


quote:

If you want to go the collectible route, I think high-grade Morgans are your best bet.


I've got more than enough Morgans... This would be strictly for hedging purposes.






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OnTheBrink
Alabama Fan
TN
Member since Mar 2012
3596 posts
 Online 

re: Tips from MT Coin Collectors


Random question for the group...

If you were going to give coins as a gift, what do you choose? I know a few in here have mentioned giving/getting them as gifts and it has inspired me to look into giving them to my kids and nieces/nephews. Thanks for your opinions!






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RickAstley
LSU Fan
Reno, Nevada
Member since May 2011
1607 posts

re: Tips from MT Coin Collectors


Basing off of my family, they have always provided gifts of silver eagles, walking liberty half dollars and morgan dollars. There was a phase where they purchased painted Peace Dollars, not sure if I would recommend it. My goal is to get the photos of what I gathered by tomorrow night and post them and provide some ideas from it.

The most recent big collectibles I would say would be proof sets of the 50 state quarters perhaps?






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Lsut81
USA Fan
Member since Jun 2005
64147 posts

re: Tips from MT Coin Collectors


Went ahead and grabbed 8oz (one 5oz and three 1oz bars) of silver @ $32.87/oz



Free Shipping and paid with Amex






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drewnbrla
LSU Fan
The Dark Side of the Moon
Member since Mar 2011
3603 posts

re: Tips from MT Coin Collectors


Sad day today. I got an email from chase today notifying that my account balance went below the amount I've set to notify me when I'm dangerously close to the abyss of over drafting ($35 fee/OD) and with payday not until next Tuesday, I had to sell some of my silver rounds (20-1oz rounds) and Scottsdale bars (5-1oz bars) to cover the gap.

BUT (there's always a but), there is a silver lining... I bought 3 American Silver Eagle proofs (1995p, 2002w & 2006w) with some of the money.

I'll post pics shortly (They're purty).



This post was edited on 1/9 at 8:03 pm


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matthew25
Ole Miss Fan
Member since Jun 2012
3363 posts

re: Tips from MT Coin Collectors


Rick, if you are handing out gifts, I am partial to Morgans.

I bought 30 different BU's just 3 summers ago. Watching the 3 coin-TV channels, dealers are now charging the same price for 20 different as I paid for 30.






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drewnbrla
LSU Fan
The Dark Side of the Moon
Member since Mar 2011
3603 posts

re: Tips from MT Coin Collectors


As promised:















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LSUtoOmaha
LSU Fan
Nashville
Member since Apr 2004
21097 posts

re: Tips from MT Coin Collectors








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LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
80462 posts
 Online 

re: Tips from MT Coin Collectors


I give New Orleans minted coins which were minted a century before the person was born.





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LSUtoOmaha
LSU Fan
Nashville
Member since Apr 2004
21097 posts

re: Tips from MT Coin Collectors


My little brother was born in 2002. Kind of weird that he would be getting a coin from the 1900s.





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OnTheBrink
Alabama Fan
TN
Member since Mar 2012
3596 posts
 Online 

re: Tips from MT Coin Collectors


quote:

LSUtoOmaha




Just noticed you live in Nashville, what part?

I am ~35 miles northwest of you.






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Lsut81
USA Fan
Member since Jun 2005
64147 posts

re: Tips from MT Coin Collectors


Gorgeous coins... Whats the value on those?





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RickAstley
LSU Fan
Reno, Nevada
Member since May 2011
1607 posts

re: Tips from MT Coin Collectors


Silver Eagles I see sell between $30-$50 in some cases. As was said earlier in the thread, buying the silver eagle from the mint will cost you a premium. If you buy in bulk online, I have seen prices stay steady with the price of silver.





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