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Would you rather own...

PostPosted: Mon Jun 06, 2011 11:06 pm
by OtusLotus
A) 1 oz American Silver Eagle or
B) 1 oz Canadian Maple Leaf?

(assume everything else being equal ie. year, condition, etc.)

Re: Would you rather own...

PostPosted: Mon Jun 06, 2011 11:15 pm
by shinnosuke
Canada made the wrong choice 235 years ago and stayed a part of the British Commonwealth. Eagles all the way! :lol:

Re: Would you rather own...

PostPosted: Mon Jun 06, 2011 11:23 pm
by bankmining
I like the Maple Leaf a little more than the Eagles - slightly higher purity (.9999) and much higher face value ($5).

Re: Would you rather own...

PostPosted: Mon Jun 06, 2011 11:43 pm
by Treetop
If I had to choose from either of those and prices were equal Id take eagles because Ive seen their premiums do stange things to where you can often profit from their premiums alone. Ive done that twice now, where I got them when the pressure was off of them a bit, and sold them when it wasnt diverting the cash into other forms of silver.

But Id actually take mexican libertads at this point, even though you didnt list those. because theres an influential fellow in mexico who wants to have a monetary value placed onto them, that is higher then melt. It would go up with the silver price but never down. this way the silver could stay in circulation. In fact over time i may put all my .999 into libertads just in case this is ever pulled off. If not who cares I still have well known and respected .999, but if it happens then Id have a further hedge for my assets. Mexico is a days car ride from here, if silver plummeted I could go down there exchange for pesos, then for dollars, and buy more silver presumably. (not sure how taking metal over the border would work out)

Re: Would you rather own...

PostPosted: Mon Jun 06, 2011 11:52 pm
by mr18
Even though maples are .9999, Eagles sell quicker. Eagles are just simply easier to buy and sell. A lot of people do not like or understand foreign silver. I purchase what is easily recognizable, Eagles are a safe bet.

Re: Would you rather own...

PostPosted: Tue Jun 07, 2011 12:11 am
by hejira11
bankmining wrote:I like the Maple Leaf a little more than the Eagles - slightly higher purity (.9999) and much higher face value ($5).



Ditto

Re: Would you rather own...

PostPosted: Tue Jun 07, 2011 12:24 am
by merchoarder
I'd take the maples. Based on nothing other than personal preference... I just like them better. I'm American and I must admit I'm not wild about the Queens head (no offense to anyone) but that maple leaf is just beautiful.

Re: Would you rather own...

PostPosted: Tue Jun 07, 2011 12:28 am
by Silver Addict
Eagles, hands down.

Maples were the first thing to leave my stack as silver crossed over $40 on the run-up. No eagles left the nest until I could get $50 for them. Thing I really don't like about maples is the milky spots most get eventually. Once they get those, I find it hard to get more than generic price for them.

Plus, living in the US, I stack mostly US bullion. If I lived in Canada, I would probably stack maples.

Re: Would you rather own...

PostPosted: Tue Jun 07, 2011 1:48 am
by Spikeanator6982
I really like the Canadian Wildlife coins...they're kinda Maples. higher face value seems like its a good thing

Re: Would you rather own...

PostPosted: Tue Jun 07, 2011 6:42 am
by Sheikh_yer_Bu'Tay
Maples are higher in purity and usually sell for less FRN, so it's Maples for me.

Not trying to go off on a tangent, but double ditto for Gold Maple Leafs, too.

Re: Would you rather own...

PostPosted: Tue Jun 07, 2011 9:39 am
by Lemon Thrower
ASEs are far more liquid in the U.S. than Maples or Libertads, although the point about Hugo Salinas Price is an interesting speculation.

If I had a source for Libertads cheap i might consider taking a flyer but ultimately the ASE's are a better value.

A tougher question is do you buy a .999 round for 1.50 over, a Maple for $3 over, or an ASE for $4 over.

Re: Would you rather own...

PostPosted: Tue Jun 07, 2011 12:30 pm
by Know Common Cents
I'd have to go with the Maples, too. They do have the much higher face value ($5 vs $1) and are likely more respected these days. The US hasn't made many friends lately and purely from a resale perspective, they may be better to unload.

Like others, I held on to my Eagles during the recent run up and will likely do so until I'm SO tempted by the POS to send them on their way. I dislike having to make decisions based upon resale potential, but we all have to look out for ourselves.