Buying silver coin?

[Bear Poop]

Originally Posted by rambone

Its a worthwhile investment no matter which denomination. "Watch" auctions for a particular type of coin or bar, figure out what the going rate is on ebay. Then you won't make any unreasonable bids. And so your collection begins. Its addicting.

Just got off eBay. 1 gram ingots are freaking to high!!! Current price of silver is about 45 cents a gram. Starting bids are 99 cents a gram. Current markup should place the max at 54 cents a gram and some are asking as much as $4.95 a gram. NUTS!!!!!!!!!!!!!! That's $153.96 and ounce. If your really want to spend that much I have 1 TOZ Eagles I'll sell you for the basement price of $125 and throw in free shipping

[indysafe317]

Any update on silver coins, how about just silver punch outs. What's the best place to buy

[Archbishop]

Silver Price (Jun 26, 2009 NYMEX closing price): $14.10
U.S. Silver Coin Melt Value Calculator - Coinflation.com

[nova512]

the problem with buying currency coins are they are not pure silver,unless your buying investment coins.that are made for collectors and not cost effective.if your going strictly for the value of the metal you need to go with troy once ingots 99.999 fine . or fine silver casting grain ,its not 99.999 but its very usefull for other asspects .everyone is going to mark stuff up so getting it for market price doesnt happen unless you buy some stupid amount then you still will pay more sso they can get thier profit.im a jeweler

[indysafe317]

That's what I've read on other sites as well. Good info, Thanks

[Archbishop]

For complete disaster prep. I think having a some silver coins on hand is warranted. While I agree there are better ways to "invest", Having dimes quarters what not will probably be an "every day" trading advantage.
Just my thoughts.

[Jed]

Yes, the coin shop in Franklin i was referring to is on Main Street just past the court house. He has a great selection of .999 silver rounds and even some "junk" silver coins for those of you who like them. Once in a while he has small silver bars as well... but for silver bars you can't beat the Coin Exchange in Greenwood {857 North Madison Avenue • Greenwood, IN 46142}
Tel: (317) 885-8066 • Fax: (317) 885-8065
The coin exchange has higher prices but carries an excellent selection up to a 100 ounce bar of silver!!! He also has a very good gold selection {but again his prices are higher than the Franklin shop.}

[Keith H]

Surprised nobody has mentioned this Indiana Company
Liberty Dollar

[Manan]

Do you think silver will be a currency if everything goes south? Food, water, ammo, etc. will be bartered back and forth. I dunno, I can't eat silver.

[Libertarian01]

If you are in NE Indiana I was at A-Z Coins & Stamps in Glenbrook Mall in the last 10 days.

They are selling 1oz Silver bars for $1.50 over spot. This may(?) help save S&H along w/ delays if anyone is interested.

Regards,

Doug