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RE: Quick Survey: Which is the better long-term investment, Silver Bullion Coins or Silver Bullion Bars?
2 - Silver is intrinsically valuable. Premiums added by world governments are not.
2 - Silver is intrinsically valuable. Premiums added by world governments are not.
@methus could you please elaborate a bit on your comnent about world governments adding premiums? In what context do you refer?
Take a Silver Eagle, for example. A coin issued by the US Mint. You're going to pay $2-$3 over spot for it. But a generic bar or round you can get for as low as $0.49 over spot(lower if you hit upon a sale online). Governments rise and fall, but an ounce of silver is still an ounce of silver.
Got it, I see where you are coming from. In fairness though it is not only governments that add premium to coins, there are many private mints that design rounds which are themed and have a higher premium. The thing I love so much about stacking is that your stacking strategy can be unique and personal to you. If you just want to invest in large ounce low premium silver bars, then great. However if you are into stacking for the investment and for the enjoyment of collecting unique coin designs from a wide-range of mints then you are able to do that too, but you need to realise that you will pay what I like to call a "collector's premium". I personally do love the thrill of finding a rare low mintage coin presented in a display box with a certificate. I know the purchase in not investing, but instead it is more of a hobby.
Yeah, totally. It all just depends on what you're looking for. I'm partly stacker, partly collector. I have a bit of all types: generics, small mint and govt issue; rounds, coins, and bars.