bullion vs certified

[silverado-migration]

As a beginner that likes Morgans, would you guys suggest going after certified MSD's, BU's or maybe the newer Silver Eagles? Silver prices seem to be pretty low so I was wondering which way to go.

[MikeInFL]

As a beginner that likes Morgans, would you guys suggest going after certified MSD's, BU's or maybe the newer Silver Eagles? Silver prices seem to be pretty low so I was wondering which way to go.

 

As a beginner, your safest bet would be to buy uncertified SAEs as bullion. Until you have the ability to grade, purchasing Morgans and/or certified SAEs for much above melt could be problematic. All IMHO...Mike

[TomB]

Whatever you decide upon you should go slowly and with funds that do not matter if they disappear.

[jesbroken]

Welcome to the forum, Silverado.

Take a twenty minute period of time on ebay that Morgan's are ending, you will find many AU morgans selling in the $10 to $16 range-that averages out at bullion prices, yet a far more enjoyable collection. I just checked in the last 10 minutes their were 6 Morgans of which 3 were supposedly BU(probably AU) that sold from $9.70 to $17.60. Far better than bullion IMHO. Far less apt to lose your investment even should silver falter.

[bsshog40]

Bullion SAE's are always nice to collect. Most of them you will find uncirculated also. Jim is correct with the morgans also. Alot will go for fair price. These are the becareful coins tho'. They are known for being more problematic than most due to cleaning. One thing to look at when you see a reasonably priced coin that some people overlook, make sure the seller isn't getting his lost money thru S&H charges!

[WinstonWare]

Buy a book on Morgan dollars...

[physics-fan3.14]

Silver prices seem to be pretty low so I was wondering which way to go.

 

Silver prices are actually very high right now. Last year they were very low, but then they went through the roof.

[silverado-migration]

Jim,

Thanks for your advice except I just went to ebay and didn'nt see anything for under $50. Did I look in the right place? US Coins-dollars-Morgans? Maybe the time of day is just not right for me. I will continue to check though.

[conqueror]

Jim I hope I can help you I sent you a photo mail. John

[silverado-migration]

OK Jim. I found some Ilike at I think a good price. Thanks

[SkyMan]

Silver prices seem to be pretty low so I was wondering which way to go.

 

Silver prices are actually very high right now. Last year they were very low, but then they went through the roof.

 

BINGO!!!

[halfpint]

Bullion SAE's are always nice to collect. Most of them you will find uncirculated also. Jim is correct with the morgans also. Alot will go for fair price. These are the becareful coins tho'. They are known for being more problematic than most due to cleaning. One thing to look at when you see a reasonably priced coin that some people overlook, make sure the seller isn't getting his lost money thru S&H charges!

 

i agree.