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Victor never misses a soccer match or the latest stock market report.
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  • Why Even Kids Buy Silver Dollars 0 comments
    May 21, 2013 9:16 AM

    One investor tells a personal story about his love of how silver dollars began. He relates a joyous tale from his boyhood when every Halloween, the children in his neighborhood look forward to knocking on the door of the silver dollar house. Yes, there was a house in a small town, where the owner decided to give up silver dollars instead of candy to the witches, hobos, and superheroes that showed up at his door every year on October 31.

    One investor tells a personal story about his love of how silver dollars began. He relates a joyous tale from his boyhood when every Halloween, the children in his neighborhood look forward to knocking on the door of the silver dollar house. Yes, there was a house in a small town, where the owner decided to give up silver dollars instead of candy to the witches, hobos, and superheroes that showed up at his door every year on October 31. This tradition made the man legendary and transformed one little boy who never spent any of his special silver dollars into a lifelong collector and fan of silver coins. As an adult, he finds himself regularly in the market to buy silver dollars. He has made his collection of silver dollars a good part of his diversified portfolio.

    Like gold, savoring silver is certainly nothing new. It's used to make fine jewelry, all kinds of decorative objects and for personal adornment. For centuries, silver has been treasured and sometimes even traded. No one knows why it is so appealing. Maybe it is because it's tangible and can be held in the hand. Perhaps, it's the way the light hits it so it shines. Like gold, it sometimes plays a leading role in legends, myths and stories. Indeed, it's appeal is filled with emotion, even for those who didn't receive it from a mysterious man every Halloween.

    When one wants to buy silver dollars, there are few central things to consider - the most important of which is where in fact, it should be purchased. Many stores and precious metals dealers traffic in silver and gold, but they are not always reputable. Sadly, the same timeless benefits silver presents to the investors, it also seems to employ to entice unsavory businessmen and merchants. No one wants to be deceived, particularly where large sums of money are at stake. So it is most important for even a novice to do his or her due diligence and thoroughly check out the reputation of the company under consideration. Often investors look online at mint news blog and coin news.

    Unlike the investors who stashed his coveted silver dollars in a dresser drawer, it's critical to find suitable storage for silver bars or silver dollars. One might wonder what in fact constitutes suitable storage. The short answer is that the storage company be both safe and secure. Careful shipping and transport is also important to consider. Many companies, like Merit Gold, employ people who are experienced in the safe handling of silver and other precious metals.

    If the investor who wishes to buy silver dollars, proceeds with caution and thoroughly checks out both the source and storage facility, he or she will discover the joys of collecting a long-term investment that promises to increase in value and ultimately outshines many other investment alternatives.

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