Preparing For Inflation With Pre-1965 Silver Coins

Many investors are always searching for the “next big thing.” The surefire stock that will explode in value. Recent stock market events have shown us just how few and far between these “surefire” stocks are.

But there is something that you can invest in that has been a solid performer for the past 4000 years. With a consistent history of value on its side, silver is as solid an investment as is possible. The price of everything is rising, while the value of the dollar is falling.

Silver helps fight inflation by allowing you to retain the value and worth of your savings. A hundred years ago, $1000 was a very handsome sum; today it wouldn’t cover the rent for most people. It will be the same with $100,000 or even $1,000,000 in a hundred years.

What will not change is the value of tangible assets like silver and gold. They have always had value, and because silver is necessary for a variety of industrial applications, that is not even remotely likely to change during our lifetimes.

Invest in Your Future

The best way to begin investing in silver is to seek out junk silver coins. Doesn’t sound that promising does it? Don’t be misled by the name: these coins can net extremely generous profits for investors.

Silver coins minted in or before 1964 are known as junk coins. These dollars, half dollars, quarters, and dimes do not have value for the collector, but their 90 percent silver content makes the more than worthwhile for investors. Look for Mercury and Roosevelt dimes, Washington quarters, and Franklin and Kennedy half dollars, which are all worth much more than their face values.

Why is silver such a good investment? First, it is still inexpensive to purchase. Prices have not yet moved to reflect the diminished supply and increasing demand. When they do, prices will soar.

That is why it is so important to invest now. As investors flock to the tangible benefits of precious metals, gold becomes much scarcer. They turn to silver, which rises in value exponentially.

As inflation rises, the price of silver is also going to rise. All of this means that it is the ideal time to invest in silver, and junk coins are a great way to start. Ten pre-1965 silver coins will net you one ounce of refined silver, and this was worth $13.00 at the beginning of 2009.

Only a few months later, that value has increased to $16.65. What if you had invested in a whole bag of silver coins, which nets 715 to 720 ounces of refined silver? You are looking at substantial profits, which are only going to increase over time.

Invest Now

It is certain that silver prices will rise, what is open to debate is how much. Will they reach $100 per ounce, or more? It is certainly possible, and when it does, you want to have a stock of junk silver coins so you can watch your assets grow.

Start by looking on eBay, Lynn Coin, CC Gold and Silver, CMI Gold and Silver, and Monex Deposit Company for inexpensive junk silver. There are a variety of ways to find these coins, but the key is to start looking now.

Source by Jeffrey Lewis

Preparing For Inflation With Pre-1965 Silver Coins