Since silver premiums doubled over the last few months, many investors consider moving from low cost silver bullion purchases, to products with a higher premium, and a greater potential for increase in value over time. For beginning investors, it is advantageous to have a base of low cost silver that could be quickly liquidated, should it become necessary. A good source for these products may be found at JM Bullion’s “On Sale Now” where the dealer often offers high volume prices on single quantities. However, the seasoned investor should also consider some of the higher risk opportunities in the market.
This morning jmbullion.com listed some new Somalian Silver Elephant Coins, which carry a high premium, but could produce a significant increase in value over time. These coins are very collectable. The 2015 Antique Finish coin, in single one-ounce quantities ($64.99) has a total mintage of only 5,500. The High Relief Proof version ($91.20) has a mintage limited to 1,000 coins. Low mintage on any issue suggests increased value over time. These are high premium, high-risk coins, and the investor has to weigh his or her investment goals, and tolerance for risk.
Providentmetals.com offers a series of two-ounce, high relief, silver rounds that are also very attractive as an investment. Each round has limited mintage, and they offer new rounds periodically. Bullion dealers create demand and collectability to entice customers, and increase sales. When they are successful in creating demand, and there are limited quantities available, the value of the product will be forced higher. The risk for the investor comes from the possibility that the product could fall in value, in which case the buyer loses a portion of their invested premium. Again, each person must weigh his or her tolerance for risk, and consider his or her investment goals. Worst possible case, an ounce of silver will always be worth the spot price plus a reasonable premium.
For more insights, check out “A Poor Man’s Guide To Building Wealth With Precious Metals” at http://www.amazon.com/Guide-Building-Wealth-Precious-Metals-ebook/dp/B00YB0A9SI/ref=la_B00GGM7838_1_1?s=books&ie=UTF8&qid=1444836681&sr=1-1 or click on the book icon on this page.