Leaf Coin

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Frequently Asked Questions...

Is it a good idea to invest on silver coins or bullion?

I bought a canadian silver maple leaf coin at a coin shop. The owner sold it to me for 40$ instead of 45$. Do you think it's a good idea for me to invest on silver coins and bullion even after the price of silver has dropped?


Best Answer...

Answer:

sounds like you got taken by the coin shop, silver spot is only at $31 per ounce, at my local coin shop you can buy canadian maple leaf coins for about $2.75 over spot. That means I could by the same coin for 33.75. You can also get them on ebay for like 33.50. I only invest in bullion because I really don't care about the coin just the silver. The answer is yes because everyone needs a diversified portfolio of investments including precious metals.