If I were to invest in Silver coins what kind should they be?
American Silver Eagles or some other type of coin?
Should they be uncirculated or proof?
What years are best to collect?
Comments
2 Comments on If I were to invest in Silver coins what kind should they be?
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DrinkYourBeer.Com on
Wed, 24th Feb 2010 9:46 pm
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farfel on
Wed, 24th Feb 2010 10:12 pm
If your collecting for investment you would want to stick with American Eagles or Canadien Maple Leafs coins. The year is not that important. Check this site for info
http://www.mintedsilver.com
American Silver Eagles, which have a face value of US$1.00;
Canadian Maple Leafs, which have a face value of C$5.00;
Austrian Philharmonics, which have a face value of €1.50.
whether these face values will matter in the distant future is anyone’s guess, particularly when silver trades for the same market price anywhere, but you never know. i personally prefer the Canadians, because the face value is the highest for any 1-ounce silver bullion coin.
you will likely get your bullion coins in pristine condition, but otherwise, dates and conditions don’t matter.
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