American Eagle Silver Proof Coin Store

Question by Chi L: Are american silver eagles an ok investment?
Are american silver eagles an ok investment? I also like the idea of collecting coins so are there any old silver coins that wouldn't run too much above the spot price of silver?

Best answer:

Answer by BenGraham
The worst investment is anything Cash. Since the silver eagle coin is cash, it does not make for a good investment.

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Question by Dewayne: Is buying Gold, Platinum or Silver American Eagle Proof coins (US Mint) a good investment?
I imagine this would depend of the how the price of gold, platinum or silver does in the marketplace, but would there also be a collectors' interest even if the prices of metals took a downturn?

Best answer:

Answer by GuamGuy
Basic way of making money:

Buy low, sell high.

Look at the current cost of gold and silver and compare it to the last 50 years. Is it low right now? If you're buying "high" then it's not a good investment.

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Question by Shanizzel: Are silver american eagle coins good as an investment?
I'm not talking about investing hundreds of dollars on them. What I am saying is, you hear a lot of people saying a today isn't going to be worth as much later right? Well if I were to purchase a Silver American Eagle coin this year, would the or so dollars spent on it be better served that way or just being saved at home.

Best answer:

Answer by Santosh
They could be worth millions 25 to 30 years down the line....

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