Opinion please - Which is a better investment?

[Meerkat1]

In the long term which of the following do you think is a better
investment...

1) a 2009 American Eagle silver dollar (assuming you can get one) or

2) a Louis Braille Bicentennial Silver Dollar

Do you suggest proof or uncirculated?

I know one can not be sure; but, I am interested in opinions.

By way of disclosure, I have been buying a proof silver eagle each year
for the last few years - but have not done so this year.

Thanks for your time.

--
Meerkat1

[ltlee1]

On Aug 12, 11:57 am, Meerkat1 <stud...@invalid.edu> wrote:
> In the long term which of the following do you think is a better
> investment...
>
> 1) a 2009 American Eagle silver dollar (assuming you can get one) or
>
> 2) a Louis Braille Bicentennial Silver Dollar

The price of both coins will probably drop after the first year.

1) is better investment if sold at bad economic time and
2) is better investment if sold at good economic time as well as bad
economic time if the coin is popular.

[Slime Lowlife]

In article
<7d92aa6a-e8a0-4ae0...@w41g2000yqb.googlegroups.com>,
ltlee1 <ltl...@hotmail.com> wrote:

> On Aug 12, 11:57�am, Meerkat1 <stud...@invalid.edu> wrote:
> > In the long term which of the following do you think is a better
> > investment...
> >
> > 1) a 2009 American Eagle silver dollar (assuming you can get one) or
> >
> > 2) a Louis Braille Bicentennial Silver Dollar
>
> The price of both coins will probably drop after the first year.
>
> 1) is better investment if sold at bad economic time and
> 2) is better investment if sold at good economic time as well as bad
> economic time if the coin is popular.
>
> >
> > Do you suggest proof or uncirculated?

For a commem, I'd go for the unc; especially if struck at a different
mint than the proof (which doesn't apply to the recent ones, alas).
Proof commems have tended to have mintages about 3-4x the uncs.

As for the Silver Eagles, I'd go for the "bullion" ones that are
(eventually) available OTC at a coin dealer. Anything within $5 above
the current silver price is reasonable (unless it's a rare issue from
several years ago). This will limit your downside to silver price
corrections (& the inevitable spread between buying & selling). The
"uncirculated" W-mintmarked pieces that have been sold on the US Mint
Web site are an interesting variation on the theme; mintages have
seemed to be consistently low, though the initial selling price is a
big thing to overcome when working out an ROI. Proofs probably have
the weakest investment case, as the initial markup is way out of line
of any likely silver prices for the next few years; but they are very
excellent pieces in themselves, so do get one if you enjoy them.

Warning: my advice is probably worth what it cost you to get it. ;D

[Meerkat1]

In article <student-D6AEBB...@nntp.aioe.org>,
Meerkat1 <stu...@invalid.edu> wrote:

Thanks to all who responded.

--
Meerkat1

[ltlee1]

On Aug 13, 6:16 pm, Slime Lowlife <a...@sea.net> wrote:
> In article
> <7d92aa6a-e8a0-4ae0-9919-5291af4d4...@w41g2000yqb.googlegroups.com>,

Pretty good advice.

>
>
>
>
>
> > > I know one can not be sure; but, I am interested in opinions.
>
> > > By way of disclosure, I have been buying a proof silver eagle each year
> > > for the last few years - but have not done so this year.
>
> > > Thanks for your time.
>
> > > --

> > > Meerkat1- Hide quoted text -
>
> - Show quoted text -- Hide quoted text -
>
> - Show quoted text -

[Johnny Doe]

On Wed, 12 Aug 2009 11:57:47 -0400, Meerkat1 <stu...@invalid.edu>
wrote:

Really, a $35 purchase once a year is not an investment, no more than
buying 1 share of Ford or Target is an investment. Buy what you like,
and stop worrying about a yearly investment equal to a couple going to
the movies and buying popcorn and soda.