Would coins be a good investment?
December 20, 2010 by
Filed under Silver Investment FAQ
If I bought 2006 silver eagle proofs.
or if I bought 2006 gold eagle proofs?
Back in 1991 I bought $100 worth of non-proof silver dimes/half-dollars last week I sold them in the rich part of town. She gave me $100 for them 
So anyway would proof silver/gold coins be a good idea? Any help would be great..Thank you!
PRECIOUS METALS GO UP AND DOWN….
WHO KNOWS…………..
First, I would suggest gaining some knowledge. Subscribe to Coin World. Check prices on eBay and Coin World’ site. Also be aware of the volatility of the bullion (gold & silver) market.
Do NOT buy stuff from TV channels selling coins. Overpriced and overhyped. For example, no collectors/investors are interested in colorized coins or gold or platinum layered coins. Pure junk!
Be wary of some coin dealers. They typically buy low and sell high. That’s why I like eBay for selling my coins.
Proof coins are one option for you. Buy them from the U S Mint, not a dealer. Some proof sets have risen in value but often it is a crap shoot.
Bullion coins are another option. Generally speaking, bullion coins are not directly available from the mint unless you’re a coin dealer. Remember Canada, Mexico, Australia, Great Britian, etc., all offer nice bullion coins.
There are a number of reputable coin dealers that could advise you in building a coin investment portfolio. Check for them in Coin World magazine.
No.
If you want to invest in Silver then open a brokerage account and invest in the iShares Silver Trust.