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I have some free cash this month, what is better buy copper pennies or silver dollars? I few years ago would have been much better to buy silver, I think but now I do not know.

I'd buy ETFs...just kidding!

I'm no pro but I think I'd go for new silver. Check eBay, perseverance pays off. Many times you can find silver for under spot.

Good Luck!!!

If you mean buy already sorted copper pennies, then I would buy silver under spot. If you mean purchase pennies from bank, and sort them; the latter is a good foundation of PM's. It all depends on what you already have. If you possess alot of copper; diversify and buy silver. Also you could buy some good gold at that price as well.

Silver dollars have a premium attached to them unlike 90%. Plus there are a lot of fake silver dollars out there... Silver is liquid, whereas copper pennies are a long term hold.....choose wisely .. wish I had such a dilemma....

I would buy 90% silver coins. You should be able to get a couple rolls of dimes.

Y

Free cash, I'll take, does that include shipping.

I have a bunch of 90% for under spot if you're interested

Id say $100 silver now, $50 copper and hold onto to the other $100 in hopes of a dip. Then again you could just go $200 silver immediately, considering a flucation of a dollar or two isnt going to DRASTICALLY affect a purchase of $200.

my two cents.

For the short term I would recommend 90% junk silver coins (if you want silver in the form of coins) and for the long term I'd recommend copper.

Buy my wife......please!

lewbo wrote:I have some free cash this month, what is better buy copper pennies or silver dollars? I few years ago would have been much better to buy silver, I think but now I do not know.

Since the crash of '08 silver has outperformed gold, and copper has outperformed siver. Note: I said copper, not brass.

I would buy U.S. 90% silver coins. They are the safest bet right now. If you are really feeling bold... befriend a local sheet metal shop and buy up their scrap copper sheetmetal, it's #1 copper.

TheJonasCollegeFund wrote:Buy my wife......please!

Hahahahahaha. Does she sort? If so, what would that cost to ship?

Step 1 Purchase $225 in Silver. Buy from someone here for spot. wait for it to go TO THE MOON!!!!!!!!!!!!!
Step 2 Purchase a $25.00 box of cents, sort and return until they are all 95%.
Step 3 Sell that box on Ebay for $50.00.
Step 4 Purchase 2 $25.00 boxes of cents...

I would also go for the 90% junk but would add try local dealer or coin show.
If Show go early an look around until you find some one with dimes or Quarters at less than spot, Buy an invest all you have

All of my "new money" is going into morgans at this time.

Selling a few along the way as well.

Let us know what you ended up going with

PennyBoy wrote:

TheJonasCollegeFund wrote:Buy my wife......please!

Hahahahahaha. Does she sort? If so, what would that cost to ship?

Hey!!!! I'll give ya $300 for her! I mean... that's still cheaper than a Rydale right!

Pennybug wrote:

PennyBoy wrote:

TheJonasCollegeFund wrote:Buy my wife......please!

Hahahahahaha. Does she sort? If so, what would that cost to ship?

Hey!!!! I'll give ya $300 for her! I mean... that's still cheaper than a Rydale right!

Yeah, but maintenance costs are usually much higher.