How Do You Buy Old Silver Coins?
Gold’s little cousin, silver, is a metal for all purposes, such as industry, jewelry and currency. As a precious metal, silver is also an inflation hedge, making it a wise investment in times of economic trouble. Like gold, silver’s value often goes up with the decline in value of the world’s fiat currencies like the U.S. dollar. Sold and collected in coins, silverware and bars, silver can be bought and sold easily in today’s marketplace, especially on the Internet. Silver is considered a precious metal but it is much more abundant than gold and therefore not as highly valued. However, that doesn’t mean it isn’t a good investment. The price of silver has increased in monetary terms by about 300 percent in the past five years. That’s quite a return. Many experts expect the bull market to continue. Old silver coins like silver dollars before the 1950s are an especially fun way to buy silver. Go to the bank. This method takes some patience but it works. Before 1964, all U.S. coins were ma
