However, silver coins have long been a favorite with collectors who enjoy the many beautiful and popular designs that have been featured on silver coins.
Of course, as a precious metal, silver can be expensive. But you don’t need to exclude silver coins from your coin collecting goals if you are on a budget.
Here’s how to buy silver coins without breaking the bank…
Buying Silver Coins
You may be surprised to learn that silver coins can be purchased for relatively inexpensive prices.
In fact, it is very possible to build a small hoard of silver coins simply by buying small amounts of silver over a span of time.
Buying rolls of silver coins can be expensive for some people. However, it is possible to accumulate a mass of silver coins, piece by piece:
In other words, you don’t need a huge sum of money to begin your silver coin collection or silver coin investment portfolio.
Assembling Rolls Of Silver Coins
If you are aiming to complete a roll-quantity of coins (which is a popular way to keep silver coins), consider the guide below.
This might serve as a blueprint for how many coins of each denomination you will need to have in order to collect a full roll of silver coins:
Collecting Silver Coins By Face Value Increments
Such collecting allows for more freedom in which types of silver coins go into those types of collections. It does not matter which denominations you purchase to complete those collections.
For a $10 face value hoard, you could buy, for example:
- 50 silver dimes;
- 2 silver dollars;
- 4 quarters; and
- 4 half-dollars.
Any combination is acceptable. What matters is the total face value in the collection, not the exact combination itself.
Current Silver Coin Prices
Buying silver coins never guarantees a return on your money. Like any coin a collector or investor purchases, a return on the investment is never a sure thing.
But if you want to invest in silver coins and don’t have much money to get started, using the piece-by-piece method mentioned in this article will give you a great start!
View current silver prices here.