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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Hi ho silver!

Hi ho silver!

Scheduled Pinned Locked Moved General Discussion
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  • HoraceH Offline
    HoraceH Offline
    Horace
    wrote last edited by
    #12

    I think I have about 200 ounces, but I guess I'll keep it. Wish I'd have bought less gold and more silver back when I was into buying metals.

    But silver could so easily crash. It's spiked like this before, only to fall back to historical normal levels.

    Education is extremely important.

    1 Reply Last reply
    • B Offline
      B Offline
      blondie
      wrote last edited by blondie
      #13

      I just don’t have the patience to save this stuff. I’ve seen how much time gets sucked through probate when silver or gold gets listed on an elder’s nventory.

      Is there any one on this board who has an opinion on cash vs melt value for not so rare U.S. eagle dollars? I’ve delayed finding a coin dealer for 5 pretty ones (they could be uncirculated; are in sleeves) & 3 others because I have to travel to a sketchy part of town, but, … if melt value is close to their face value, I can easily find a silver dealer.

      1 Reply Last reply
      • HoraceH Offline
        HoraceH Offline
        Horace
        wrote last edited by Horace
        #14

        Face value of a US silver eagle is technically $1, but I think I know what you mean. Like the value when the silver is in coin form. Vs the value of the pure silver. There would probably be at least a 5% difference, maybe 10.

        I suggest finding a reputable and large online dealer and locking in a sale. You just make a call and the deal is finalized, then you ship them your coins and they wire you the money after they receive it.

        Not sure if it makes sense for you to try to find an online place in Canada, but if US is ok, you could use SDBullion.com.

        Education is extremely important.

        1 Reply Last reply
        • B Offline
          B Offline
          blondie
          wrote last edited by
          #15

          Yes, @horace , you are right. Not face value.
          I’m pretty sure these are late 1960s early 1970s dollars. My godfather gave them to me as a kid and he had a bank in Montana. One is a different side facing eagle. I should look them up, weigh them, see what the purity is with these things.

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          • HoraceH Offline
            HoraceH Offline
            Horace
            wrote last edited by
            #16

            @blondie Those wouldn't be Eagles then, since they didn't exist in the 60s or 70s. Yeah you should look them up and check their purity.

            Education is extremely important.

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            • B Offline
              B Offline
              blondie
              wrote last edited by
              #17

              Hmmm. I’ll do this. I need to find the right person to sell to.

              1 Reply Last reply
              • KlausK Offline
                KlausK Offline
                Klaus
                wrote last edited by
                #18

                I bought some gold a couple of years ago when an ounce was well below $2000. I wish I had bought more.

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                • jon-nycJ Offline
                  jon-nycJ Offline
                  jon-nyc
                  wrote last edited by
                  #19

                  I bought a bunch under 2k also. I have sold some. Maybe I have 135oz left or something like that.

                  The whole reason we call them illegal aliens is because they’re subject to our laws.

                  AxtremusA 1 Reply Last reply
                  • HoraceH Offline
                    HoraceH Offline
                    Horace
                    wrote last edited by
                    #20

                    Silver down 30% today, gold down 10%.

                    Education is extremely important.

                    1 Reply Last reply
                    • jon-nycJ jon-nyc

                      I bought a bunch under 2k also. I have sold some. Maybe I have 135oz left or something like that.

                      AxtremusA Offline
                      AxtremusA Offline
                      Axtremus
                      wrote last edited by
                      #21

                      @jon-nyc said in Hi ho silver!:

                      I bought a bunch under 2k also. I have sold some. Maybe I have 135oz left or something like that.

                      Just curious ... do you take physical possession or just owning it on paper?

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