I understand wear and tear etc. Ive never seen the avg spot price that low. Thera a reason. But it's interesting. And yes. There will be a place for junk silver in a system that evolves at some point. There is nothing new under the sun.
Buying physical gold/silver
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Last: 9 hrs ago by whatthehey78
Silver about to breakout?
Reverse head and shoulders shaping up.
I think the sellers may be finished.
Reverse head and shoulders shaping up.
I think the sellers may be finished.
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Anyone bought gold at the Dubai souk before? Headed that way in Jan and was thinking of picking up bullions for me and jewelry for the wife. Tips?
Understand your customs obligations/declarations as relates to precious metals. Might be treated like cash or jewelry.Comeby! said:
Anyone bought gold at the Dubai souk before? Headed that way in Jan and was thinking of picking up bullions for me and jewelry for the wife. Tips?
Worn jewelry isn't typically messed with at customs
Traveling with bullion seems like an issue waiting to happen
Traveling with bullion seems like an issue waiting to happen
I'm expecting a bottom no later than early January between $24 and $25 SLV, which equates to about $26-$27 range for spot silver. Then we rise and top sometime next year between $37 and $40 SLV or $39 and $42 spot.
Looking forward to $24!!!
I wish I was a messenger, and all the news was good. Eddie V.
fansastic old movie
Newbie to this thread - and I'm sure it's been discussed...BUT:
Would a knowledge able poster PLEASE advise, 1.) Typically...the best place to sell Ag. 2.) Is bullion or junk Ag the better investment? I accumulate both. (Junk primarily for its "divisibility" (< 1 oz dime, qtr, half, etc.)
I appreciate reasonable replies and extend my thanks in advance!!!
Would a knowledge able poster PLEASE advise, 1.) Typically...the best place to sell Ag. 2.) Is bullion or junk Ag the better investment? I accumulate both. (Junk primarily for its "divisibility" (< 1 oz dime, qtr, half, etc.)
I appreciate reasonable replies and extend my thanks in advance!!!
I'll take a stab at it…
1) I don't sell Ag, I just keep stacking. Avoid selling at a coin shop.
2) Junk silver is 90% Ag (or 40% or even 35% depending on the coin) minus some loss due to wear vs 99.9% for bullion, so bullion is denser with the precious metal (less space to store the same amount of Ag). But, junk silver coins aren't being made any more so their value as collectibles will go up. Honestly, buy whatever is available at the best price - silver is silver. I love Peace Dollars but I also love the different designs I can get with 1oz rounds.
1) I don't sell Ag, I just keep stacking. Avoid selling at a coin shop.
2) Junk silver is 90% Ag (or 40% or even 35% depending on the coin) minus some loss due to wear vs 99.9% for bullion, so bullion is denser with the precious metal (less space to store the same amount of Ag). But, junk silver coins aren't being made any more so their value as collectibles will go up. Honestly, buy whatever is available at the best price - silver is silver. I love Peace Dollars but I also love the different designs I can get with 1oz rounds.
I recently picked up $100 face of 40% Eisenhower dollars from my wife's grandmother. She was basically giving them away to family at Christmas. I traded several family members a 10 dollar bill for their silver Ikes. I already had a bunch of silver-clad Ikes that dad gave to me. They''re not worth much. However, I only had a few of the 40% silver Ikes. Now, I have some and they are pretty nice. I kinda miss the big coin money. I used to get them fairly often when I was a kid mowing yards in the neighborhood.
Not particularly relative but just for info purposes...the best return I ever received selling bulk Au and or Ag was via a "Refiner" in Dallas. They used to pay 92% of current melt value. That was for jewelry I had recovered via metal detecting. Not sure if they are still in business. They would retain Ag/Au coins and would trade or sell them to interested buyers/collectors. If memory serves, I think it was ARA Gold.
ETA - they would remove and return stones from the jewelry.
ETA - they would remove and return stones from the jewelry.
Alexander, Caesar, Charlemagne, and myself founded empires; but upon what foundation did we rest the creations of our genius? Upon force! But Jesus Christ founded His upon love; and at this hour millions of men would die for Him. - Napoleon Bonaparte