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Interesting points about investing in "Junk" silver coins
I just came back from Miami, and I took the opportunity to see what I could get my hands on, in terms of silver. All in all I was impressed. I found old coins, in good shape and all were sold just shy of the silver spot price.
I don't recommend that investors look for numismatic value, however, coins from the US are hard to find in Europe. Silver eagles, if uncirculated have an added premium for the production of the coin.
That's not the case with "junk" silver. Plus you could buy some coins that are very collectable and not have to pay for the added numismatic potential gains... BUT as an investor focus on the silver content! One example would be the Kennedy Half Dollar minted in 1964. These coins are collectable as are the Morgan and
Liberty dollars.
Here's a website with a great overview....
http://www.kevinsworkbench.com/silver/index.php
I don't recommend that investors look for numismatic value, however, coins from the US are hard to find in Europe. Silver eagles, if uncirculated have an added premium for the production of the coin.
That's not the case with "junk" silver. Plus you could buy some coins that are very collectable and not have to pay for the added numismatic potential gains... BUT as an investor focus on the silver content! One example would be the Kennedy Half Dollar minted in 1964. These coins are collectable as are the Morgan and
Liberty dollars.
Here's a website with a great overview....
http://www.kevinsworkbench.com/silver/index.php
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