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Are american silver eagles an ok investment?

Posted by admin in Silver Eagle FAQ, tags: , , ,

Question by Chi L: Are american silver eagles an ok investment?
Are american silver eagles an ok investment? I also like the idea of collecting coins so are there any old silver coins that wouldn't run too much above the spot price of silver?

Best answer:

Answer by BenGraham
The worst investment is anything Cash. Since the silver eagle coin is cash, it does not make for a good investment.

What do you think? Answer below!
2007-W Burnished American Silver Eagle Z7F

US $26.99 (0 Bid)
End Date: Tuesday Sep-07-2010 18:54:13 PDT
Bid now | Add to watch list

2006 W American Silver Eagle 20TH ANNIVERSARY NGC PF 70
US $149.99 (0 Bid)
End Date: Tuesday Sep-07-2010 18:54:43 PDT
Bid now | Add to watch list

2007-W PROOF AMERICAN EAGLE ONE TROY OUNCE SILVER COIN
US $52.13 (7 Bids)
End Date: Tuesday Sep-07-2010 18:54:50 PDT
Bid now | Add to watch list

Originally posted 2010-07-26 04:49:45. Republished by Blog Post Promoter

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2 Responses to “Are american silver eagles an ok investment?”
  1. exactduke says:
    at

    You will pay over double spot for these Eagles. So no, I don’t think they are that great an investment.
    I collect Morgan (silver) dollars. These will run you 20 – 40 dollars for the more common ones. And 50 – 500 for scarcer coins. You could probably get Peace dollars somewhat cheaper than this. Maybe 20 – 30 dollars each.

  2. ThinKabootit says:
    at

    Silver is NOT an “investment”, it is a hobby or nice jewelry; an “investment” would grow in value, silver has done nothing but decline in actual value for over 600 years!

    http://www.sharelynx.com/chartsfixed/600yearsilver.gif

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