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If you had choice between equal silver in 1oz Eagles or SilverBlue/ Brown Ikes what would you choose

UconnLUconnL Posts: 166
in Precious Metals
Question???

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

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    WeissWeiss Posts: 9,935 ✭✭✭✭✭
    Trick question? Eagles. Silver ikes are a half-step above 40% halves. To me, at least.
    We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
    --Severian the Lame
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    UconnLUconnL Posts: 166
    Thank you!
    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!
    Liberty Loan Bond Man
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    WeissWeiss Posts: 9,935 ✭✭✭✭✭
    I can't say I've ever seen circumstances where there is no premium on eagles. So that kind of skews my answer.

    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.
    We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
    --Severian the Lame
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    CiccioCiccio Posts: 1,405 ✭
    Aren't the brown IKEs proof?

    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.
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    keepdachangekeepdachange Posts: 1,374
    I tried selling some silver Ike's once, go with the ASE's
    "If you hit a midget on the head with a stick, he turns into 40 gold coins." - Patty Oswalt
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    morgantypemorgantype Posts: 456


    << <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!
    Many buy and sell transactions. Let's talk!
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    PerryHallPerryHall Posts: 45,420 ✭✭✭✭✭
    ASE's---easier to figure their value, easier to store, easier to sell, and a far more attractive design.

    Worry is the interest you pay on a debt you may not owe.

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    gsa1fangsa1fan Posts: 5,566 ✭✭✭
    ASE's for silver stash. Easy to sell, as stated earlier premium usually when selling.

    Example, I just sold 13 oz silver content of 40% JFK's & War nickles for $270 shipped. About $85-90 discount on silver weight.
    Avid collector of GSA's.
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    pitbosspitboss Posts: 8,643 ✭✭✭
    ASE's. Much better looking coins. Ike's are ugly.
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    tydyetydye Posts: 3,894 ✭✭✭
    No question ASEs. ASEs have always carried a premium and are probably the most liquid silver out there. Ikes can be had for less than melt and are difficult to sell
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    OPAOPA Posts: 17,104 ✭✭✭✭✭
    Hands down...ASE's
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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    jmski52jmski52 Posts: 22,373 ✭✭✭✭✭
    I bought some 40% silver Ikes not long ago, but it sure wasn't for the bullion aspect. I just wanted some.image

    If you're wanting bullion, ASEs or 90% silver coinage are really my top picks.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
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    BBQnBLUESBBQnBLUES Posts: 1,803 ✭


    << <i>ASE's. Much better looking coins. Ike's are ugly. >>


    DITTO !
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    StewStew Posts: 1,002
    I think it will depend on what kind of collecting you do.
    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 image
    My Ebay Listings
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    johnny9434johnny9434 Posts: 27,503 ✭✭✭✭✭
    Eagles of cours, why buy Ikes with 40% silver? Maybe for the right price but thats about it
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