If you had choice between equal silver in 1oz Eagles or SilverBlue/ Brown Ikes what would you choose
UconnL
Posts: 166
Question???
If you were able to buy either Silver Eagles or Blue/Brown Ikes at melt what would you do and why??
Thanks! Larry
If you were able to buy either Silver Eagles or Blue/Brown Ikes at melt what would you do and why??
Thanks! Larry
Liberty Loan Bond Man
0
Comments
--Severian the Lame
No I wasn't being tricky...
If you were to put some silver away and was able to buy it at melt... Which one would you want and why???
Thanks!
But I'll try.
If you're diversifying a large portfolio, we're talking tens to hundreds of thousands of dollars, and there is no difference in premium between the various vehicles, and you definitely want physical, I'd go with monster boxes of BU eagles.
If you're concerned about SHTF, I'd go with a mix of eagles and 90% bags.
--Severian the Lame
I'd go with the ASE because I prefer 999 and it would be also a matter of space for me.
I like the IKE dollars but I agree with Weiss, they are a little above 40% silver.
<< <i>I tried selling some silver Ike's once, go with the ASE's >>
I have dont this as well - it can be a bear.
However, you can always get good money for ASEs, and usually even a premium!
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Example, I just sold 13 oz silver content of 40% JFK's & War nickles for $270 shipped. About $85-90 discount on silver weight.
If you're wanting bullion, ASEs or 90% silver coinage are really my top picks.
I knew it would happen.
<< <i>ASE's. Much better looking coins. Ike's are ugly. >>
DITTO !
If you are stacking silver for the store of metal value
for easy liquidation only. Then definitely I would and do go
with the American Silver Eagles.
If you enjoy the Numismatic end of collecting and possibly
Varieties then I would go with the Eisenhower's
They are the most under studied coin ever
There has only been serious study of the series in the past few years and there
are new discoveries being made all the time.
Not to mention that there are more Eisenhower PCGS Registry sets
than ANY other Dollar coin There is a reason for that.
But you definitely have to have some thick skin when collecting
Eisenhower's there are many that seriously look down on the series.
And question your sanity for collecting them.
But those that have been collecting them for quite awhile
just quietly smile and continue to collect what they enjoy
There is one member of this board that is an Ike collector
who has the goal of having a "Box Of Twenty" that are Eisenhower Discovery Coins
He only has 7 to go