Started My Silver Collection. Is The Price Of Silver Going To Go Up?
I started my silver collection with some silver dollars. They are 90% silver and I will try to get some silver rounds as I go along. I think that the price of silver will go up as time goes on. I am been talking to some friends and they have the same opinion as it is undervalued right now.
Front View
I used to have a lot of silver coins, mostly Mercury Dimes, had a few silver dollars and some half-dollars. I was needing some money and a guy offered me book value for them and I sold them. I wish I had not sold them now.
Back View
I will just have to start over again and start collecting again. I like the silver rounds and the pours that are 1 oz. They are easier to store in my opinion and if prices go up in the future and I need to sell some or want to use them for gifts the 1 oz. is the most convenient.
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Measure your wealth in ounces :) It's only going up from here in dollar terms, crash or not.
I think it will go up also. I will keep trying to get more as I go, one ounce at a time.
If you go to a gold & silver exchange store, they sell old silver coins, dimes, quarters etc. as what they call "junk" silver. They sell it by the ounce, not by the coin. If you can save up enough to buy say 10 ounces, that would be a lot of dimes. :)
@Lahvista
Yes, it would! LOL. I really like the silver dollars and the liberty walking quarters.
I have a lot of those quarters. I like the dimes as well.
@Lahvista
If you go to a gold & silver exchange store, they sell old silver coins, dimes, quarters etc. as what they call "junk" silver. They sell it by the ounce, not by the coin. If you can save up enough to buy say 10 ounces, that would be a lot of dimes. :)
@Lahvista
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