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In order to understand the rising price of precious metals like silver, here is an explanation. Silver bullion is generally purchased for it's silver content only, while numismatic silver is purchased for it's silver content and also it's intrinsic value, or in other words it's underlying value, which in the case of the numismatic silver coin would be it's degree of perfection. A numismatic silver coin with the rating of MS70, is considered a perfect, museum quality coin, or collectors coin. Silver bullion coins, is mostly purchased because it's readily available in mass quantities. 'Junk silver coins', is the name that is given these coins. Did you realize that the U.S. Silver Eagle is the most sought after coin in the world? And a U.S. Silver Eagle MS70 coin is much more desirable than just a U.S. Silver Eagle bullion coin. So what's the difference? Numismatic, or perfect grade MS70, vs. bullion, not MS70, not perfect. This gives you an idea of the quality and collectability and the value of numismatic coins. Granted numismatic coins can be more costly than bullion coins, however, keen in mind that the difference in value is is based on many different factors. Bullion silver coins base price is the commodity price for that particular day. Numismatic coin prices is based on the actual silver value of the coin, and the intrinsic value of numismatic coins is much more important than the metal content. Also a determining factor in numismatic coins is the country of origin. The rarity, condition, authentication, certification and grading can all be a significatent determining factor in the value of a numismatic coin. And now the question remains, why would you pay three or four times the price for a numismatic coin? The answer is very simple. Numismatic coins will yield a much greater return. History has shown that silver bullion coins are not as desirable as numismatic. Some people don't understand the appeal of limited edition minted numismatic coins. But if you're going to invest in silver, paying the difference for numismatic will far outweigh bullion coins in the long run. Do your research before purchasing any coin, bullion or numismatic. Research coins you're interested in and you'll find that the value of numismatic coins just makes much more sense. Numismatic coins can also become a legacy to your children and grandchildren that they will enjoy for years to come. Success Is Yours!
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