Most rare silver coins will appreciate in value over time, so it is hard to make a wrong move when buying coins for investment. To get the most out of your investment dollars, it is a good idea to learn as much as possible about your purchases before you fork over the cash. As with real estate or stock purchases, knowledge is the only way to ensure that you make good choices. You can start learning by studying price and value books or researching different coins on Internet sites. The best way to get the inside information, however, is to develop a working relationship with a coin dealer. He or she can help you keep up with the latest coin collecting news so that you are never surprised by pricing jumps or plunges.
There are a few rare silver coins that will always be a good bet for investors and collectors. Many begin their collections with silver Eagles, which are the American bullion coins crafted specifically for investors. You can be certain of your coin’s value when you purchase bullion coins, and you can also expect buyers all over the world to recognize the value in these coins. Investors especially appreciate silver Eagles because they are highly liquid and can return on investment dollars quickly.
Another very popular choice for collectors of rare silver coins is the Morgan dollar. This coin was minted in the late 1890s and early 1900s from the stockpiles of silver that were discovered in the major silver strikes of that time. There was not much need for the coins that were minted, so collectors now can often find Morgan dollars in uncirculated condition. When purchased from reputable dealers, you can expect to receive protective cases and certificates of authenticity with your silver dollar purchases.
The Peace dollar is also a coveted coin for collectors of rare silver coins. The Peace dollar was released after the end of the Great War and was a symbol to Americans that the violence was finished. Many people enjoy the sentimental value of these coins just as much as they appreciate the values. Some Peace dollars can fetch prices in the tens of thousands of dollars, though most are valued at around ten times the face value. You can be sure, though, that these prices will continue to rise over the years, so your investments will be stable.