From the Feb. 5 Numismatic News E-Newsletter:
Will America the Beautiful 5-ounce silver collector’s uncirculated coins be a good investment?
Here are some answers sent from our e-newsletter readers to Editor Dave Harper.
The value of this collection will follow the value of silver.
John R. Blair
Palm Beach. Fla.
I certainly hope so. I’ve bought two of every issue in the vapor blast collectors issue since the beginning. I’d hate to think that I just bought a lot of really expensive silver bullion.
Dallas-Fort Worth, Texas
Really hard to say. They do look good in a collection but it depends on the spot price on precious metals as to whether it is a good investment.
San Antonio, Texas
As long the U.S. Mint keeps the mintage low they will be, but if they increase the production (mintage), then I think many people will quit buying them.
When the U.S. Mint starts to see something selling really well, they get greedy and kill it. This happened before. I wish the Mint would see it in the collector’s way sometime.
I think that we will have to wait for an answer to that question simply because it will depend on the market price of silver, which, I might add, includes all the other silver coins as well.
However, if you are a collector and not an investor, I don’t see a problem.
I, for one, am strictly a collector. I am not interested in the game of buying and selling.
I love to look at and touch all my old coins. They tell a story, each coin I have tells me something about how it had been used. I know it sounds silly to say such a thing but I feel like can picture myself at that time and place.
I will have to say, however, that if you are in it for the money, you are going to have a long wait before you’re going to see a profit.
Bob D. Allen
This article was originally printed in Numismatic News.
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