Wednesday, August 28, 2019

My Silver Investment



Like most coin collectors I view the majority of my collection as an investment. There are some coins that I'll probably end up with for the remainder of my coin collecting years, but there are others that could appreciate and be worth selling at some point. Like most coin collectors I collect silver coins.

Pictured above are some of the silver coins I could sell at any time. At some point most, if not all, of them will likely be worth more for the silver than the numismatic value. And at that point I'll sell them for a nice chunk of change. Silver enjoyed a very high premium in 2011, and prices took a couple years to really settle down. Recently the spot price has been climbing. Well within the yearly averages from past "normal" years. But still, who knows what the future holds. Maybe it keeps climbing and has the highest yearly close since 2012. Or maybe prices fall again and I continue buying.

Anyway, There are some German 10 Mark coins from the 1972 Munich Olympics in there, as well as some walking Liberty Half Dollars and Franklin Half Dollars, a 1966 Mexican Peso (which is only 10% silver despite how big it is), A US Dime, a couple Florins from the UK, Some bullion from China and Austria, A Venezuelan Bolivar, a Netherlands Antilles quarter (which is just tiny), A Swedish Krona, A Czech 5 Korun coin, and a few others that are hard to see. These are all fairly loose. Not pictured is my book of silver US dimes, and a couple of coins in cardboard holders. The rest of my silver besides that would probably stay with me unless silver passes $50 per ounce. 

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