I am thinking about investing in silver. It is affordable to me in small quantities, and gold is out of reach for us. Another positive side is that our local coin shop will sell small quantities at a time. This is a VERY good dealer, and treats everyone the same, whether you are buying 30 cents worth of cardboard flips or buying $3,000 worth of bullion.
As a side note, I like the fact that I can swing in and buy 2 90% dimes for 4.30, or a JFK half for 10.75, or a Peace dollar for $21...depending on the amount I have to blow that day or week.
The problem is that I don't know what to buy.
Coins? He buys at 20X face and sells for 21.5X face as of 1/3/11
Bullion? He has Silver Eagles, and a pile full of .999 coins. I think common, non proof SE's were $35 or 36.
Bars?
I am leaning, at this point, towards coins. I like the 90% JFK's and old Peace dollars.
Would you be so kind to help me with this?
Thanks!!!!!
As a side note, I like the fact that I can swing in and buy 2 90% dimes for 4.30, or a JFK half for 10.75, or a Peace dollar for $21...depending on the amount I have to blow that day or week.
The problem is that I don't know what to buy.
Coins? He buys at 20X face and sells for 21.5X face as of 1/3/11
Bullion? He has Silver Eagles, and a pile full of .999 coins. I think common, non proof SE's were $35 or 36.
Bars?
I am leaning, at this point, towards coins. I like the 90% JFK's and old Peace dollars.
Would you be so kind to help me with this?
Thanks!!!!!