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Joined: Jun 2002
Posts: 131,662
Campfire Sage
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Campfire Sage
Joined: Jun 2002
Posts: 131,662 |
Damn! Apparently the guy who was in line after me bought every last one of them. All gone. Great deal for both of us, but I should have taken a larger bite of that apple. Good deals like that are becoming hard to find.
But, the guy who sold the pawn broker the dimes, also sold him a crap load of Brilliant Uncirculated 1957 Washington quarters, so I bought $3.00 face value of those at the same premium, i.e., 2.14 Troy Ounces of pure silver. Same deal, just in quarters instead of dimes. I imagine those won't last long, either.
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Joined: Jun 2007
Posts: 14,370
Campfire Outfitter
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Campfire Outfitter
Joined: Jun 2007
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Joined: Jun 2002
Posts: 131,662
Campfire Sage
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Campfire Sage
Joined: Jun 2002
Posts: 131,662 |
Yes, 90%. It takes $1.40 in face value to equal one ounce of pure silver. That's how how you calculate the silver in "junk" US (pre-65) silver coins.
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Joined: Aug 2003
Posts: 6,434
Campfire Tracker
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Campfire Tracker
Joined: Aug 2003
Posts: 6,434 |
Silver maples were $28.77 today $27.92 for silver krugerrand
Decades of voting for the lesser of two evils has gotten us just that.....
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Joined: Jun 2002
Posts: 131,662
Campfire Sage
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Campfire Sage
Joined: Jun 2002
Posts: 131,662 |
Silver maples were $28.77 today How many did you have to buy to get that price? I'm thinking 500 ounces. That's a $14,385.00 shell out. If you want to buy that much, that's a good deal, for sure.
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Joined: Aug 2003
Posts: 6,434
Campfire Tracker
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Campfire Tracker
Joined: Aug 2003
Posts: 6,434 |
Decades of voting for the lesser of two evils has gotten us just that.....
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Joined: Mar 2015
Posts: 2,139
Campfire Regular
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OP
Campfire Regular
Joined: Mar 2015
Posts: 2,139 |
What flintlocke is basically saying is that gold isn’t for him.
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Joined: Aug 2003
Posts: 6,434
Campfire Tracker
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Campfire Tracker
Joined: Aug 2003
Posts: 6,434 |
Keep stacking They can’t manipulate forever
Decades of voting for the lesser of two evils has gotten us just that.....
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Joined: Aug 2003
Posts: 6,434
Campfire Tracker
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Campfire Tracker
Joined: Aug 2003
Posts: 6,434 |
What flintlocke is basically saying is that gold isn’t for him. That’s true for every investment or hedge. Some find value, some don’t... That’s why no matter what the commodity, someone is selling and someone is buying.
Decades of voting for the lesser of two evils has gotten us just that.....
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Joined: Jun 2002
Posts: 131,662
Campfire Sage
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Campfire Sage
Joined: Jun 2002
Posts: 131,662 |
Still a big shell out to get that deal.
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Joined: May 2001
Posts: 18,345
Campfire Ranger
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Campfire Ranger
Joined: May 2001
Posts: 18,345 |
Heard a guy say once that, "Gold is for bribing the border guards". Pretty much SHTF stuff.
Carpe' Scrotum
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Joined: Aug 2003
Posts: 6,434
Campfire Tracker
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Campfire Tracker
Joined: Aug 2003
Posts: 6,434 |
Heard a guy say once that, "Gold is for bribing the border guards". Pretty much SHTF stuff. And silver is for barter....
Decades of voting for the lesser of two evils has gotten us just that.....
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Joined: Oct 2010
Posts: 7,687
Campfire Outfitter
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Campfire Outfitter
Joined: Oct 2010
Posts: 7,687 |
Yes.
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Joined: Aug 2003
Posts: 6,434
Campfire Tracker
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Campfire Tracker
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Still a big shell out to get that deal. I wasn’t dissing your deal... You didn’t overpay.
Decades of voting for the lesser of two evils has gotten us just that.....
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Joined: Jun 2002
Posts: 131,662
Campfire Sage
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Campfire Sage
Joined: Jun 2002
Posts: 131,662 |
Still a big shell out to get that deal. I wasn’t dissing your deal... You didn’t overpay. Contextually, it seemed like that's what you were suggesting, but okay.
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Joined: Aug 2003
Posts: 6,434
Campfire Tracker
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Campfire Tracker
Joined: Aug 2003
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Contextually it supports a fair deal. You didn’t pay much more than new silver maples. You paid $29/Oz vs $28.77/Oz
I certainly wouldn’t throw .23 in your face as a dissing...
Decades of voting for the lesser of two evils has gotten us just that.....
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Joined: Jun 2002
Posts: 131,662
Campfire Sage
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Campfire Sage
Joined: Jun 2002
Posts: 131,662 |
Contextually it supports a fair deal. You didn’t pay much more than new silver maples. You paid $29/Oz vs $28.77/Oz
I certainly wouldn’t throw .23 in your face as a dissing...
And I'm assuming that the $28.77/Oz deal is for a 100 ounce purchase. Additionally, they aren't making anymore US 90% silver coinage, and the supply of Brilliant Uncirculated US 90% silver coinage is likely getting pretty slim nowadays. My understanding is that they melted most of it down in the late 1970s through early 1980. When the bottom fell out, the mints put a hold on the melt down program, and what was left (not a whole lot vs what existed before 1978) went back to coin dealers.
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Joined: Aug 2003
Posts: 6,434
Campfire Tracker
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Campfire Tracker
Joined: Aug 2003
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Yes 100 , next break is 300 then 500.
The real elephant in the room , (after they crash our current fiat system. Which fiat systems average 40 years, we are year 47. Thank you Nixon) is do they make private ownership of PMs illegal again?
Decades of voting for the lesser of two evils has gotten us just that.....
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Joined: Jun 2006
Posts: 63
Campfire Greenhorn
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Campfire Greenhorn
Joined: Jun 2006
Posts: 63 |
I think gold or silver is more valuable than any paper money. Only difference between a one and a twenty is the number printed on it. Too bad we are off the silver or gold standard.
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Joined: Aug 2003
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Campfire Tracker
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Campfire Tracker
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Decades of voting for the lesser of two evils has gotten us just that.....
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