Silver coins/rounds question

[roberth]

While it's good to think like a prepper... it's also good to have financial stability and growth. When the SHTF moment comes, you will be ready no matter what - til then, some of us actually triple/quadruple our silver every few months by making the right investment.

I understand your perspective and point ChunkyMonkey, my investment experience is not the same as yours so I'll just stick with non-numismatic metal.

[rondog]

I used to have a 100oz. Englehard bar that I bought for $285, it was awesome! Also used to have a sackful of rounds I bought under $5 each. Had to sell it all years ago to pay bills. What I still have I bought around $13, I think. I'd like to have a safe full of just silver! I really believe there's more profit potential there than in gold. Silver can easily double from where it is now, or triple. Could gold?

[sellersm]

Speaking of collectibles, did anyone jump on the 25th anniversary AE 5 coin silver set that the Mint put out in 2011? The one that sold out in a few hours and crashed their servers all day? They were selling for like $299 and on eBay for over $800 shortly after...

[ChunkyMonkey]

Speaking of collectibles, did anyone jump on the 25th anniversary AE 5 coin silver set that the Mint put out in 2011? The one that sold out in a few hours and crashed their servers all day? They were selling for like $299 and on eBay for over $800 shortly after...

Bought 2 set of the ANACS MS70.. One went on ebay later on for $1100.

[Brian]

I have an opportunity later this week to take a look at my grandfather's coin collection before it is boxed up and picked up by my uncle. Unfortunately, none of it is anything that's headed my way, but anything I should look out for that might be interesting to see? I know they've already located a gold kruggerand and a gold maple leaf, so that's cool. Supposedly the majority of the collection is misc coins. All of it will be pre-1980 when he died and as I've seen parts of it before. I know some is much older. I have a couple of the blue penny books I was given as a child. They're not full, but fun family history. I'm looking forward to hopefully seeing in person the difference between older silver coins and the current stuff.

I know there's some silver coins or bars in there too, but don't know much beyond that. Supposedly there are boxes and boxes as he was a banker at one point in his life.

[roberth]

I like your work in this area ChunkyMonkey, thank you for the extra explanation. That bullion will have real value in time, short term maybe you're losing money, I think long term will be completed different.

I did a quick google on NGC and MS70

http://www.ngccoin.com/coingrading/grading-scale.aspx

http://www.apmex.com/product/73720/2...early-releases

http://www.ebay.com/bhp/gold-eagle-ngc-ms-70

[sellersm]

plus it's not trackable by the big brother hint hint.

Yet. Folks from some other countries may have a different story.

I see the value as you've laid it out. We can follow some key principles discussed here: cash transactions, hold the asset (no paper trading), reinvest in more assets, etc.

Good discussions. We may all have different goals so our strategies may differ a bit.


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