At some stage you or your daughter are going to want to sell the coins. I would've thought a stack of recognizable bullion will be alot easier to sell than individual numismatic type stuff. The designs on bullion can be just as interesting IMHO. For these reasons I prefer bullion.
I don't hesitate to give advice, it helps to pass the time, and no-one listens anyway... Buy bullion, unless you fancy yourself a Numismatic scholar !
Im meeting with a lady tomorrow who has 166 coins-ive known her for a little while and have told her what i want/like she said she has a LOT of silver dollars, dimes, quarters etc............. she will take $350 for the whole lot!!!!!!!!!!!! Thats less than $2 per coin-tomorrow will be a good day!
Kcaven---So what did the coins turn out to be? A bag of nasty, scratched-up old dimes? A beautiful collection of MS Carson City Morgans in individual capsules? Inquiring minds want to know...
get both!....thats what i do....i display my numis...and stash my bullion....i feel like a pirate....arggggg!
I havent seen the coins yet-we changed the meeting to sat. at 3 pm but she told me its mostly silver dollars, dimes, quarters with a few buffalos and some 1800's pennies.........even if they are scratched or worn...........TWO DOLLARS A COIN???? HOW CAN YOU BEAT THAT??? And I WILL talk her down on price
I have bought mostly numis. I am new also...as of around September of 2012. I still have a lot to learn and have made some mistakes but I think that not buying bullion (non-denominational) rounds and bars was smart because the price has been dropping ever since and now if I buy non-denom bullion or even bullion coins (which is what I much prefer over non-denom bullion), I will be a little ahead than if I bought bullion months ago. I just hope that the price goes down more and the premiums don't go up.
