Gold/Silver Investing

Metals are historically considered a hedge against inflation and not a "get rich quick" item as pushed on many TV and Radio ads.  For example:

In 1927 Charles Linburg pitched Hart, Schaffner and Marx Suits for $42.95 about the same as 43 Silver Dollars then available at the bank.

In 1970 Hart Suits sold for $165 and your 43 Silver Dollars where worth $150.50

1996 $395 and $387 and in 2008 $695 and $688.  And in 2009?  Well, last year silver reached $20/oz ($15.40 in silver in a silver dollar) now it is around $15/oz ($11.55 in a dollar) and I'll bet you could go find a nice Hart Suit on "Sale" for about $525 (15.40-11.55=3.85x43=165.55,  695-165.55=529.45)

So, although the price of silver went down in US Dollars, the purchasing power remains consistent.  This is the theory of Precious Metals investing... TO PROTECT YOUR WEALTH FROM INFLATION.

We are not investment people, we buy and sell Coins & Currency as part of the normal course of business.  Any information provided is my opinion, you do your own research & make your own decision.