What type silver dollars to collect or invest in?
Question:
Answer:
silver eagle dollars
As an experienced coin collector, gold and silver trader, I really recommend staying away from certified silver dollars. This is NOT the best way to make money. If you want to make a return and like storeablility, try 10 oz silver bars. Sure, right now, they are $130, but they offer the greatest benefit of the price of silver. Old dollars don't change in price due to silver rising as much as coin collector demand. Trust me, I've tried. If you really can't afford 10oz bars, then do eagles or rounds as suggested by the previous poster. However, if you can buy bars in quantity, go to www.coloradogold.com. These are some of the greatest prices you'll find, near wholesale. Stott, the dealer will add 1.5% commision when you call. But this will be a great deal. If you can't do this, go to a local coin dealer and buy eagles individually. Get some plastic flips to store them in. Just note that eagles have a typical $2.00 per ounce premium attached to them.
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