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My favorite Coin to invest in: Old German Silver Coinage

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@thatgermandude
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Since July 2020 I am proud to call myself a silver stacker. While I still sometimes regret that I did not just put it all into Bitcoin, I am still happy about my investment and quite bullish on silver. Most of my coins are not as beautiful as the two shown above. I invested mostly in Deutsche Mark Coins from 1952 to 1972 and some memorial DM mints. I did that mostly because I think it is a very save investment for several reasons.

Why Silver (Coins)?

Silver is cheap in many ways. It is hard to argue that for any Crypto at the moment. Maybe it is worth buying Bitcoin, but is it really cheap at 75% of his rather recent all time high? Silver had an ATH in 1980 of 48,80 USD which was only barely broken in 2011 with 49,83 USD. Looking at the price history Silver is a spiker, who most of the time flatlines around a value so it is just barely worth for mines to produce silver (mostly as a by product). When I bought my silver at a spot price of around 20$, it was said that mines won't produce silver for less than 18$, so I thought it really cant go down.

With buying a lot of old German coins I have two additional safety nets: The collectors value and the DM value. Yes, you heard right, I can still get 0.515€ for 1 DM at the German Bundesbank. Sadly my Reichsmark from the Kaiserreich and the Nazizeit are not exchangable anymore. On the other hand I start liking historical pieces more and more, but if I wanted to go with a real flagship in my collection I think I would go for a gold coin: Either a historic rivergold coin, a Celtic rainbow cup or a roman Julius Cäsar coin.

I want to make a recommendation for my fellow Germans, I have not purchased often at this store, but so far I have nothing negative to say and he really got some great offers. Here you pay roughly 0.83€ per gram silver. With spot being currently at 0.75€ and premiums being high that's a steal! You are also insured to get 515€ from the Bundesbank for your 100 Coins if worse comes to worse.

The upside for silver is huge in my opinion. Silver was historically money, gold was the money of the rich people, but even after unminted silver was forbidden as a payment somewhere in the 19th century it is still found until most recently in many coins all around the world. Try to find gold coins that were actually used as every day money, that's rare at least in more recent history.

The Gold to Silver (Price) Ratio is 65,68 to 1 currently, but it was more along the lines of 10 to 1 for the most part of human history.

Silver is an industrial metal which gets used a lot in technology, green and medical technology. I think there will be a shortage rather soon.

The Silver Community is also really nice, it is very Crypto like because we hate worthless fiat money as well.

My most recent purchase

The 1980 Olympia 10 Rubel memorial print.

I wanted to expand my horizon and asked a local jewelry if they had any coins for sale. I ended up buying 5 of these for 160€. I overpayd a little because I was told they weigh 33.33 grams of silver, but that was their whole weight not the silver weight which is only 30 grams. A faux pas for a self-proclaimed expert on rare metals in my opinion.

After all I did not make a bad deal, the Coin is selling for 25€ to 50€ and I payd 32€, but after this experience I rather stick to the actual coin dealers and not some 2nd class metal bender.

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