Silver coins, especially half dollars, are excellent for silver investment. These coins normally consist of 90% silver and will generate about 719 ounces of silver when refined. Mint bags will generally produce more amounts of silver, totaling about 723 ounces of silver. Half dollar coins are preferred over the bags of quarters and dimes for two reasons: quarters and dimes have been in more circulation producing more wear and tear and less amounts of residual silver and half dollars have been historically more popular collector's items.
Silver coins come with different premiums depending on the selling rate of silver or the people's demand for silver investment. These premiums can be as little as US$1.20 per ounce and increase dramatically. These premiums are often what make silver coins more desirable as an investment option than other silver investment options. So if you are looking to invest, here are the top three ways to get silver coins off your mind and in your home!
Investigate the silver market. Is it a good time to invest? Is there a high demand for silver? It is better to purchase silver at a lower price so that you can sell it when it the demand for silver investment increases. If it is the right time to invest in the silver market then start researching your coins now.
The second way to get those coins into your home, is to figure out which are the best coins to invest in. Half dollar coins are more popular and hold more silver as they are not as commonly used as dimes and quarters. The most profitable investor's coins are the Walking Liberty silver half dollar, the Ben Franklin Silver half dollar and the 1964 dated Kennedy Half Dollar. Choose one of these three half dollars to invest in.
Now that you know which silver to invest in, you will need to research your investment options. There are various resources that you have in order to invest in silver. The best way is to find a reputable coin collector who can verify the authenticity of your coins. If you have a negative feeling about the deal or the person does not have the qualifications as a coins dealer, it is better to find a new reputable dealer.
When it comes to investing in coins, anyone can do it. I recommend that you do your research before being locked into any sales contract. Silver investment can be very profitable but if your resources are unreliable, this may cause many problems for you. To avoid such problems, follow these three easy ways to get coins off your mind and into your home today!
For a great way to get started now investing in silver coins, download our Free Guide.
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