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re: Anybody Buy Gold and Silver?

Posted on 1/21/14 at 11:34 am to
Posted by RhodeIslandRed
Adrift Off the Spanish Main
Member since Aug 2009
3175 posts
Posted on 1/21/14 at 11:34 am to
quote:

Not a terrible investment, if you don't mind sitting on it for some time. The 90% nickle/dimes are your best bet, right after the 1984 half dollar, which is almost pure silver.

Well, I'm also thinking about buying some gold. My old man left me some silver coins that do have value to collectors. I'm thinking of taking those to a dealer and exchanging them for gold bullion.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10232 posts
Posted on 1/22/14 at 7:58 am to
I personally believe you overpaid for 90% silver.

The advantage is that if you need to sell, with junk silver, and with silver eagles you wouldn't be required to pay for assay. In theory anyway. Same goes for MS70 graded gold, if it is sealed and certified.

If I was going to buy junk silver, I'd make sure I the dealer agreed to buy it back, and find out at what premium discount.
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