Silver purchasing and investing, advice

Hi, it's Caleb When I started buying sillver in 2009, I had no idea of the best way to do it. Because I didn't have a lot of spare money, I tried to find the type of silver purchases that gave me the best value for money. I've had some personal experience in the following categories: 1. Collector coins, numismatics: expensive to buy, and can give a good return, but are in a very small, specialized market, with great potential for huge losses as well. 2. junk silver: old silver circulated coins can be very cheap, but are of varying silver content and quality, can sometimes be hard to get a good price when selling. 3. Commemorative coins: often can be a real bargain on sites like ebay but potentially a real rip-off too. Are widely varied in silver content and size, and therefore may not be easy to resell. 4. Bullion silver rounds: silver minted by private mints, are usually of consistent size & silver content, should be fairly easy to resell, but purchase prices can often vary. Recommend you buy from a well known mint and dealer 5. Bullion coins: from government mints like, American Silver Eagle, Austrian Philharmonics, Canadian Maples. Very easy to resell because they are recognizable, and are usually decently priced. They sometimes cost slightly more than silver rounds and junk silver, but I think worth the extra cost. I recommend government bullion as the best value for money as an average silver investor. My recommendations in descending order: 1. government bullion coins 2. Privately minted bullion rounds 3. Junk silver 4. Commemorative & collector coins If you have any questions/comments let me know

Comments

1. You make a lot of good points. I think buying the recognized bullion coins such as silver eagles is great or even the generic buffalo rounds if you are looking for the most value to build a volume to your stack. Some of the higher premium stuff I would probably stay away from if you are collecting based on silver price value. Some coins like kookooburra's are desirable but if spot price skyrockets, I think those actually lose value based on percentage.
2. Good video. I still like the Lakota rounds-beautiful coin-Im always up for them - They make nice gifts as well.
3. what about buying the silver bars and then melting it down to your own coins? Or melting down any silver for that matter? Or is that to much of a hassle?
4. US COINS(DOLLAR,HALF,QUARTER, AND DIME) ARE 90% SILVER UP UNTIL 1965. YOU MISTAKENLY SAID 90% UP TO 1964. LOVE YOUR VIDEOS.
5. People dont want to buy commerative coins, they will always buy Maple leafs 99.99, the same with Philharmonics, Silver Eagles. If silver skyrockets do you want a government behind a mint or some unknown mint, it's quite evident that the queen on a coin helps authenticate it.
6. One quick clarification for my post below... 1967 dollars and halves ARE 80%. It is only the quarters and dimes that may be 50%.
7. FYI, Canadian coins (dollars, halves, quarters and dimes), 1920-1967 are NOT 82%, they are 80%. And the 1967 ones MAY be 50% silver. 1919 and earlier are Sterling (92.5%). Some 1968 quarters and dimes are 50% silver, while the others are nickel/copper. You can tell the difference using a magnet. Silver is not magnetic. Another FYI on junk silver is that due to wear, you may not be getting the weight you are expecting.
8. yep, the only thing that counts is the weight. But then you should get bars, premiums always go away on those coins