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Started By
Message
re: Tips from MT Coin Collectors
Posted on 1/9/13 at 2:00 pm to LSUtoOmaha
Posted on 1/9/13 at 2:00 pm to LSUtoOmaha
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
1
Posted on 1/9/13 at 2:01 pm to Lsut81
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.
Posted on 1/9/13 at 2:05 pm to LSUtoOmaha
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.
Posted on 1/9/13 at 3:15 pm to Lsut81
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.
Posted on 1/9/13 at 3:34 pm to LSUtoOmaha
I think Morgan's are very neat, what makes them more attractive to you in your opinion?
Posted on 1/9/13 at 3:37 pm to RickAstley
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.
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.
Posted on 1/9/13 at 3:42 pm to LSUtoOmaha
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.
Posted on 1/9/13 at 4:08 pm to LSUtoOmaha
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.
Posted on 1/9/13 at 4:23 pm to Lsut81
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!
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!
Posted on 1/9/13 at 4:36 pm to OnTheBrink
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?
The most recent big collectibles I would say would be proof sets of the 50 state quarters perhaps?
Posted on 1/9/13 at 7:04 pm to RickAstley
Went ahead and grabbed 8oz (one 5oz and three 1oz bars) of silver @ $32.87/oz
Free Shipping and paid with Amex
Free Shipping and paid with Amex
Posted on 1/9/13 at 7:05 pm to RickAstley
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).
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 1/9/13 at 8:03 pm
Posted on 1/10/13 at 12:38 am to drewnbrla
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.
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.
Posted on 1/10/13 at 6:31 am to drewnbrla
As promised:
Posted on 1/10/13 at 7:19 am to drewnbrla
Posted on 1/10/13 at 7:50 am to OnTheBrink
I give New Orleans minted coins which were minted a century before the person was born.
Posted on 1/10/13 at 8:04 am to LSURussian
My little brother was born in 2002. Kind of weird that he would be getting a coin from the 1900s.
Posted on 1/10/13 at 8:08 am to LSUtoOmaha
quote:
LSUtoOmaha
Just noticed you live in Nashville, what part?
I am ~35 miles northwest of you.
Posted on 1/10/13 at 8:19 am to drewnbrla
Gorgeous coins... Whats the value on those?
Posted on 1/10/13 at 8:40 am to Lsut81
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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