Robert Kiyosaki Says Buy Silver Part.2
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All Silver Coins(ie: morgans/peace/franklins,silver eagles,etc)
Where can I buy “antique silver” coins in the Philippines (specifically around the Makati area)?
Many coin collectors can get scammed for certain coins. These collectors have no basic knowledge of how much coins cost roughly. There are many resources out there that will give a rough estimate of the worth of a coin like the ?red book? which is a guide book of US coins. For those that don?t want to by the book I have written this article to give you some information on the basic value of some coins.The Wheat-Cent Coin (circulated)The wheat-cent coins made between the years of 1940 and 1958 are worth a few cents or maybe less. However, if the coin was manufactured before 1940 then they are a higher price which is going to be around the range of few dollars.Silver DollarsThese coins are a favourite with collectors (especially those made before 1935) as they actually have silver in them. Due to this these coins are sold for the actual price of their silver. Yep that?s right every ounce of silver in the coins unless they are damaged or worn out.Quarters, Dollars and Halves ? The Bicentennial KindThese coins are just face value because there were billions of these coins made which reduced the value of the coins. There are some dealers out there though who will pay a few dollars more if the coins are uncirculated.A Freak CoinThese are coins like two-headed coins which have two different heads on either side (each from a different coin).They were not discovered until a few years back (2000). An example of a freak coin is the one that was found in 1999 that had Lincoln?s face on one side whilst Roosevelt?s on the other. These coins can also be known as mule coins and if you find one you should take it to be examined and if it is real then you can auction if for more money.As you can see a coin is worth more than a coin. This article proves that. If you are looking to sell or buy coins make sure you refer to a resource (like this article) that will make sure you don?t get scammed out of your money.
While many coins are desired by coin collectors there is a group of people who concentrate on collecting silver dollars. As these silver dollars are not that plentiful the choices that are made should be ones where the coin is known to increase in value with the passage of time. Unlike other coins silver dollar values can be found on the internet as well as from coin dealers.
Since there are not many of these silver dollars to be found you may want to research the ones that are known to give good value for money. You can choose the ones like the Morgan silver dollars or the Peace silver dollar as being silver dollars that you should think about adding to your collection. The silver dollar values for these are currently known and documented on the internet.
For example the Morgan silver dollar values are shown to increase for all of the versions. These types of silver dollars are considered by coin collectors to be investments for the future. Therefore the wise coin collector will look to see the silver dollar values for each of these to see which ones they want to buy.
As was stated earlier the other silver dollar that many coin collectors are interested in is that of the Peace silver dollar. This silver dollar came into production after 1918. This time was right after the World War I ended. As not many of these Peace silver dollars were minted they are considered as being rare. Therefore you can expect the silver dollar values for these coins to be expensive.
Out of the Peace silver dollars the ones that were minted at the Philadelphia mint are considered to be even more valuable than the other Peace dollars. The Peace silver dollar values for the 1928 coin are significantly higher in price. To gain a clear idea of the various values that are given for silver dollars you should look for information that deals with this issue. The information will help you when you take your silver coins to be appraised at coin dealers.
These silver dollar values can rise and fall without much warning, therefore if you are thinking of selling your silver dollars you should first choose a period of time when the values are known to be steadily climbing. With the few silver dollars out in the market you will need to choose the ones that will give you a good investment if you are looking to have your coin collection increase in value.
Does the Central Bank of the Philippines buy Gold and Silver coins? I am a coin collector and I wanted to know if the Central Bank of the Philippines would buy Gold or Silver bullion coins from USA or Canada? I’ve heard that they have a gold and silver buying program.
Can anyone let me know what their policy is regarding buying and selling gold/silver coins?
I’d bought a collectible Lewis & Clark Comemorative silver proof coin from the US Mint a few years ago.
Recently, I took it down to the local coin shop curious to see what it might be worth.
The dealer there weighed it, and offered me the amount silver was selling for at the time.
When I told him I’d bought it for slightly more than what he was offering, he said they buy only at the weight value, but would not explain further.
Any collectors out there who’d be able to help me with this?
Investing in silver bullion can be a really great investment. The value of silver has gone up the last several years due to many reasons, like the industrial demand for silver. It is a great way to secure your hard earned money when the economy is going down hill. Silver is always going to be worth something, no matter how much paper currency is worth.
There are many ways to invest in silver, and the way that is best for you might not be the best way for someone else. If you are looking to invest a lot of money, then you will probably want to buy heavier silver than someone that doesn’t have as much money. The important thing to realize is that you can always trade up from several small silver pieces to something heavier. If for whatever reason the government starts printing money and the dollar becomes worthless, using small silver coins is a good way to buy everyday things. It would not be feasible to bring a 100oz silver bar to the grocery store.
If you have a lot of money to invest, you can put several thousand into 1oz silver bullion rounds, or 90% silver US coins. Then, when you feel like you have a large amount of small silver coins, if you still have a lot of money, start buying silver in heavier weight. You should have a wide variety of silver so that you can trade on many different levels.
Another important thing to consider is what kind of silver bullion you should buy. Decorative and collector silver coins can sometimes be bought at low prices and then sold at a much larger price than it is actually worth in silver. This is a good way to invest money when the economy is going well, but when the economy collapses and inflation rises, it won’t work. In times of economic hardship, the collector and decorative value of the coin is dropped and it is only as valuable as it’s silver content. For this reason, many people suggest that you only invest in silver rounds or pre-1965 US Silver Coins.
The nice thing about silver bullion rounds is that they have the weight stamped right on them. This is great for on the spot trading of silver for goods. Another thing that I like about silver bullion rounds is that they are basically worth their weight, no more or no less. You never have to worry about buying something that costs more than it should.
I hope this article helped give you an idea of how to invest in silver. The best way to invest is to start with small silver rounds or bags of silver and then work your way up to higher weights as long as you have enough small denominations.
Recently, I met the owner of a well-known precious metals web site and I popped this question to him: “What do you think about investing in silver?” His reply was both profound and accurate. “David,” he said, “The smart money is moving into gold, but the SMARTEST money is moving into silver!”Investing in silver is a great way to make money, especially if you are looking to secure your future or your retirement. But of course, just like any type of investing, there are no guarantees. You need to know what you are doing and what the silver market is all about before you can get too involved. This is the only way to make sure that you give yourself every possible advantage to benefit from silver investing. That’s the ONE and ONLY reason that I am here today. I want to share with you some tips that will give you direction when you start investing in silver so you can make the most money possible.7 Getting Started in Silver Investing Tips That Will Make You More Money1. Take a close look at the market before you decide that silver investing is right for you. Investing is silver is different than investing in stocks and bonds. 2. Educate yourself. If you are not sure how investing in silver works, touch base with a professional who can help you with the buying and selling process. 3. Complete effective online research. Be careful of the information you find. There’s so much information online about silver investing, but a lot of it is misinformation. You want to learn from experts who are in the trenches tracking the silver market and making investments every day. For example, the information that you will find on http://www.silver-investor.com is based on my experiences and knowledge from following the silver market daily for more than thirty years. 4. Get familiar with the many different ways that you can invest in silver. You can invest in silver mining companies, silver ETFs, silver futures, silver bullion and silver coins. The sure-fire way to invest in silver without the worry is to invest in bullion or coins. This is the place to start– real metal for your future. You don’t have to pay for a mining company’s energy costs. And you don’t have to buy 1000 to 5000 ounces in a futures contract that carries too much risk for a beginning silver investor.5. If you are looking to invest in silver coins and silver bars then you need to know this trick — Find sellers who are actually selling as near the spot price of silver as possible (spot plus a reasonable fee). A general rule is that the more silver you are buying the less percentage of fees you should be expected to pay. When buying coins to invest in their silver content be certain you are not buying coins for their numismatic value (the value to a collector of rare coins).6. Before you invest in silver, make sure you calculate how much you can invest between your IRA rollover funds, cash on hand and other assets that you wish to turn into silver. Be sure to keep your emergency fund mostly in cash for unforeseen expenses. You don’t want to bite off (invest) more than you can chew (afford).7. Stay on top of the market. There are times to buy. And, there are times to sell. Yes, at some point, it may be better to sell some or perhaps even all of your silver holdings for currency, depending on the bull market and your personal investment goals. But the only way you know when to buy or sell is if you have current silver market investing information at your fingertips.Here’s a Bonus Silver Investing Tip For You?Get started now. The time to invest in silver is today! What are you waiting for?Put my tips into action and start investing in silver right away.
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