EasyTapper - If your buying because your concerned about total economic collapse, then 90% coins give you the flexibility of different denominations. Ie a dime would be a $20 dollar piece, a quarter a $50 dollar piece and so on. But if you only have eagles, a small purchase will be a problem.
Think of your wallet, if you had $200 it wouldnt make sense to carry only two $100 bills. It also wouldnt make sense to carry $200 in dimes. Ideally i would say something like:
the last $10 in a mix of coins
If it comes to it people will be giving other things for change (or giving back .90% dimes and quarters junk silver) ... or you can buy more supplies, other non-perishables. Better to have the silver and have to worry about how to spend it in increments rather than not have anything.
I would suggest having SOME junk silver but only enough to make change (5% of stack).
Another option is fractional .999 silver, be careful because fractional bullion is general more costly per oz but you can find things like this which is the same price:
Easy to split if you need to make change, again i wouldnt recommend a complete stack of it ... but just some to use as another option.
-lower mark up
-NWTM isnt as well known
-not as recognizable as ASE or MAPLES
David@accu - i know this thread is about silver but I have been reading alot about gold hitting 10k/oz . How realistic is this? Should I buy some gold coins as well?I would think if you have the $$$, prolly not a bad idea. <img src="/images/phone/apple.png" alt="Phone Post" border="0" style="vertical-align:middle;"/>
The benefits of gold is its easily concealable $50K worth = 30 coins that could fit in you pocket if you needed to flee the country .... But I would suggest for anyone getting into Precious metals to start with silver until they build a big enough base of smaller items (500+ oz) before looking into buying gold.
Think of gold as a $1000 bill, I put it in the same category as 100oz bars of silver.
Silver:Gold ratio is around 50:1 meaning you could have 2oz of gold or 100oz of silver.
Gold is less volatile than silver. I feel it will rise first and silver will play catch up, you might be able to play the GSR but now with it at 50:1 i think silver is the better bet.
Personally i think silver will out perform gold in the long run (10:1 ratio) so it might be a bit more of a gamble but i think it makes sense.
Silver would be my first choice, gold my 2nd.
just my 2cents