Tips from MT Coin Collectors | Page 9 | TigerDroppings.com
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Lsut81
USA Fan
Member since Jun 2005
66054 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


LSUtoOmaha
LSU Fan
Nashville
Member since Apr 2004
21799 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.


Lsut81
USA Fan
Member since Jun 2005
66054 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.


LSUtoOmaha
LSU Fan
Nashville
Member since Apr 2004
21799 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.


RickAstley
LSU Fan
Reno, Nevada
Member since May 2011
1663 posts

re: Tips from MT Coin Collectors
I think Morgan's are very neat, what makes them more attractive to you in your opinion?


LSUtoOmaha
LSU Fan
Nashville
Member since Apr 2004
21799 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.


RickAstley
LSU Fan
Reno, Nevada
Member since May 2011
1663 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
66054 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.


OnTheBrink
Alabama Fan
TN
Member since Mar 2012
4598 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!


RickAstley
LSU Fan
Reno, Nevada
Member since May 2011
1663 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?


Lsut81
USA Fan
Member since Jun 2005
66054 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
5635 posts
Online

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


matthew25
Ole Miss Fan
Member since Jun 2012
3973 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
5635 posts
Online

re: Tips from MT Coin Collectors
As promised:











LSUtoOmaha
LSU Fan
Nashville
Member since Apr 2004
21799 posts

re: Tips from MT Coin Collectors


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LSURussian
LSU Fan
Member since Feb 2005
85152 posts

re: Tips from MT Coin Collectors
I give New Orleans minted coins which were minted a century before the person was born.


LSUtoOmaha
LSU Fan
Nashville
Member since Apr 2004
21799 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.


OnTheBrink
Alabama Fan
TN
Member since Mar 2012
4598 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.


Lsut81
USA Fan
Member since Jun 2005
66054 posts

re: Tips from MT Coin Collectors
Gorgeous coins... Whats the value on those?


RickAstley
LSU Fan
Reno, Nevada
Member since May 2011
1663 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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