Investing in Silver: Which Coins to Buy Amid Rising Prices - AUCBURG | AUCBURG
Investing in Silver: Which Coins to Buy Amid Rising Prices
Amid the continuing rise in silver prices, which are hitting new records, the question arises: what else can be profitably acquired? Although the metal has already appreciated significantly, there are reasons to believe it has not yet reached its peak value. Temporary pullbacks are possible, but the overall trend is likely to remain upward.
Amid the continuing rise in silver prices, which are hitting new records, the question arises: what else can be profitably acquired? Although the metal has already appreciated significantly, there are reasons to believe it has not yet reached its peak value. Temporary pullbacks are possible, but the overall trend is likely to remain upward.
Under these conditions, the buying strategy is shifting. While it was once easy to find beautiful collectible coins at scrap metal prices, the current frenzy means that almost everything is being swept off the market. Nevertheless, interesting options to expand a collection still exist.
French 10 Euro 'Europa' Coin
One example of a good acquisition is the classic 10 euro silver coin issued in France in 2002. This coin comes in its original mint capsule and has a 'proof' quality strike, which means a mirror-like surface and a frosted relief.
The coin is made of 900-fineness silver. It belongs to the category of commemorative or souvenir issues, meaning it was not originally intended for wide circulation. This makes it attractive not only as an investment in the metal but also as a collector's item.
French 10 Euro 'Europa' Coin
German 10 Mark Commemorative Coin
Silver Fineness
Description
900
An alloy containing 90% pure silver.
925 (Sterling Silver)
A standard alloy containing 92.5% pure silver.
999 / 9999
Pure silver used in investment coins.
The next interesting item is a German 10 Mark commemorative coin from the year 2000. It is also struck in 'proof' quality and is dedicated to the great composer Johann Sebastian Bach, as indicated by his life dates (1685-1750) on the reverse.
This coin is made of sterling silver, which corresponds to 925 fineness. This standard is one of the highest for circulation and commemorative coins, second only to the pure silver of investment issues.
Such a coin can be an excellent souvenir for classical music enthusiasts or musicians, combining the value of a precious metal with cultural significance.
German 10 Mark Commemorative Coin
Austrian 2 Schilling Coins from 1928
Commemorative coins that were in actual circulation are also of interest. An example is the Austrian 2 schilling coins issued in 1928. They are dedicated to the famous Austrian composer Franz Schubert.
Although these coins were in circulation, it is possible to find specimens in excellent condition. The coins presented have a 'mint luster,' indicating minimal use and excellent preservation. They look as if they were minted very recently.
Austrian 2 Schilling Coins from 1928
Coins from Finland and Austria from the Early 20th Century
The package also contained other interesting silver coins from the early 20th century that can still be purchased at a price close to their metal value.
Among them are:
50 Penniä (Finland, 1917). This small silver coin dates from the period when Finland was part of the Russian Empire, as evidenced by the coat of arms on the obverse. The specimen is in good condition, without significant signs of wear.
2 Schilling (Austria, 1930). A coin in excellent condition with mint luster, making it attractive for a collection.
1 Krone (Austria, 1915 and 1916). Of the two coins presented, one (from 1915) shows signs of polishing, while the 1916 coin is in better condition, with no signs of cleaning.
Coins from Finland and Austria from the Early 20th Century