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Monday, January 29, 2007

Coin-collecting for Grownups

I started out an interest in coins and precious metals at quite a young age.

You see, when I was just a few years old, one of my grandfathers sent me a small silver bar as a present and I held onto it for years, thinking it was just the most valuable thing.

As I got a little older, I collected pennies and a I kept them in those trifold holders. I was thrilled when I got coins that were older and older, collecting a few from the first decade of the 1900s.

My fascination with coins continued when another grandfather, a World War II veteran, gave me some international coins he had collected during his travels in the war.

Coin and metal collecting is a much bigger deal than it seemed when I was a kid.

Through a coin dealer known as Monex Deposit Company (MDC) you can purchase silver, gold or other precious metals and coins for immediate personal delivery or arrange for convenient and safe storage at an independent bank or depository.

Little did I know when I was a youngster holding onto the bar my dad's dad sent me, but silver is a top investment opportunity. Worldwide demand for silver exceeds production, and has for nearly 20 years. Above ground stockpiles of silver bullion are low, approaching zero. The U.S. government, once a seller of silver, is now a buyer.

Many analysts feel that silver, and specifically US silver coins, presents an outstanding investment opportunity.

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Blogger The Sarcasticynic said...

Scott, I have had good luck with for selling gold when it comes time to do so.

The Sarcasticynic

1:08 PM  

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