In recent years the value of silver has risen and it is expected to continue going up in the future. However, the value of a coin is in more than just its metal content. A coin also has “collectable value” based upon its rarity. Naturally, the more common a coin is the less its collectable value will be. Many silver coins are in such short supply that they value significantly more than their silver content, while others are so common that they can be obtained very near to their silver value.
If you are interested in collecting silver coins as a way to start off focus on a country or region. eg... Australian Pre decimal Threepences, Sixpences and Shillings pre 1946 as these are full silver coins.
So Check your money boxes or relatives, friends who have lived in this era.
While not in circulation it is still possible to find a Pre Decimal silver coins in your change. Always be on the lookout so that if you ever do get one in your change you won’t loose it.
Hopefully, you will be interested in more than just the silver content of your coins. The added value of a coin being more rare than others of its type can be substantially more than the silver value.
Do some research on world coins, you will be amazed at what you will find, dont limit your self to just Australian Pre Decimal silver coins.
So remember Silver prices are still going strong. Be patient and build your collection so that one day it will be a valuable investment to sell.