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Buying physical gold/silver

346,694 Views | 2255 Replies | Last: 1 hr ago by NastyNate
maddiedou
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AG
CAPORAL said:

Some pre '65 quarters and some early '70 dollars. Eisenhower, perhaps.


Your eisehowers are only worth a 1.00 you may can get 1.25/1.50 no demand or collectability I sold aome 70s proofs Eisenhower on an auction for somebody and they brought 2.50 each at auction
Bourbon Junkie
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maddiedou said:

CAPORAL said:

Some pre '65 quarters and some early '70 dollars. Eisenhower, perhaps.


Your eisehowers are only worth a 1.00 you may can get 1.25/1.50 no demand or collectability I sold aome 70s proofs Eisenhower on an auction for somebody and they brought 2.50 each at auction

Unless, of course, his Eisenhowers contain silver Most don't but you got to check them.

The weight of the coin and/or the edge can help you figure it out (google for more details).
Bourbon Junkie
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CAPORAL said:

I'm looking for a website that will tell you approximate values for some coins I have. Any suggestions?

NGC and PCGS are pretty good resources
Bourbon Junkie
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A company in Dallas called Dillon Gage buys junk/scrap gold and silver at their refining facility. They pay 98% and 95% for gold and silver, respectively.

Has anyone ever used a company like this to sell their junk/scrap? Anyone got a better option?
CC09LawAg
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What are everyone's thoughts on keeping copper as part of your portfolio as well? Seems to carry a good amount of actual utility in today's world rather than being seen as a form of currency.
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mwp02ag
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AG
That's shipping tho
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CC09LawAg
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Out of curiosity, what is considered "stacking"? I intend for precious metals to be a 5-10% portion of my savings. I have multiple safes and plenty of places to squirrel things away.

I guess I ask because it seems like a very accessible market with a lot of utility.
maddiedou
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Stacking is the rich mans version of hoarding with value

Whatever precious metal you choose
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CC09LawAg
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Thanks. I guess I underestimated just how much cash people park in this. In my head I couldn't fathom ever having $50k in precious metals at my house but I am sure there are some that do...that is why the quantity of copper didn't seem like a big deal to me, but can understand if you're doing it at that level the concerns.
maddiedou
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My good buddy and the one who taught me about coins had over $50,000 just laying around on his floors

And I never got to see his safety deposit boxes but 4 of them were full of high dollar coins

He died sept 23 and both kids are in a good situation now except they have to sell everything probably $100,000 of just gold and old coins this is not what is in their safety deposit boxes

I am trying to help them grade and divide but I would not wish this on anybody and I hope that my death is not sudden so that I can sell before I die or at least grade and divide
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Ted Lasso
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AG
APMEX has a nice cyber Monday deal on cast poured kilos. $1.49 over spot per ounce.
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Rick Burns
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AG
What's the consensus on New Hampshire or Utah Goldback Notes?
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Stringfellow Hawke
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AG
FAT SEXY said:

More happenings on the Gold front in the Eurosphere. Ireland added 2 tons to their reserves. First time they've added since 2009

https://www.bloomberg.com/news/articles/2021-12-01/irish-central-bank-makes-first-reserve-gold-purchases-since-2009



Damn. I wish I could buy two tons of gold.
maddiedou
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AG
You could if you had other peoples money
Cowman1
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Where is the best place to buy silver in bars or coins in the San Antonio area? What to purchase for the kids. Thanks
Aggiemike96
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AG
I'm not familiar with the SA coin/PM market. What are you looking to buy? Bullion? Coins? Numismatics?

I'm collecting the Perth Lunar Series (silver). Trying to gather all the coins for birth years. Da** Tiger making this expensive as her round #2 is next year!
Cowman1
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Those coins are really nice. Just looking for plain ole coins or bars. I don't know anything about collecting its just that I have always admired silver. Thanks
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Cowman1
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Thanks, will try that.
maddiedou
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AG
Text or email I may can help you with buying and some coin advice before you buy coins ebay is not your friend for price checking

Gdogprop@gmail.com
979-eight two o-l87o. Gary
mwp02ag
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AG
I'm in SA but always buy from Texas Precious Metals in Shiner. Aggie owned and their Texas collection coins are pretty cool gifts.
oklaunion
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Silver at $21.99 as I type. Apmex has generic rounds for $25.
Burnsey
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AG
So I'm new to this. I'm seeing markups on American Silver Eagle 1oz at 40%+! Is that normal? Wtf. How can buy these without a ridiculous premium?
Outdoorag011
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It's normal for today's world. Pre covid the premiums were much much lower. I was buying generic silver rounds for .29 cents over spot. Now most generic stuff is $3-6 over spot. Don't buy agles right now. They aren't worth the premium.
Aggiemike96
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AG
Silver spot price is dipping again today. Might have to pull the trigger on more bullion.
 
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