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Starting out and confused already

Discussion in 'Gold Silver (All things Metal)' started by rkd80, Jul 14, 2017.



  1. ttazzman

    ttazzman Midas Member Midas Member Site Supporter

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    i would agree not Everyone will recognize 90% silver......just like a lot have no clue was a ASE is now.....but buyers know and trust 90%....and you have to remember its easy to stamp "silver" on just about anything as the Chinese have proved ....personally i have a lot of 90% its a pain to store aint pretty or clean but i have never worried about finding a buyer for it... :)
     
  2. Son of Gloin

    Son of Gloin Gold Member Gold Chaser Site Supporter ++

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    Thumbs up on the guns. But, buy quality! Also, lots of ammo.
     
    ttazzman and smooth like this.
  3. andial

    andial Sir Midas Member Site Supporter ++

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    yeah right.
     
    stonedywankanobe likes this.
  4. andial

    andial Sir Midas Member Site Supporter ++

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    That coin in your avatar sir? Barn find? Love it.
     
    stonedywankanobe likes this.
  5. Rollie Free

    Rollie Free Midas Member Midas Member

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    Here is a bit of advice about buying.

    If you buy online pay via postal money order. They cost 1.60 per thousand dollars. The merchant treats like a cash deal. You at no time need to give anyone your name. It is anonymous through our government of all things.
     
    Uglytruth likes this.
  6. stAGgering

    stAGgering Silver Miner Seeker

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    Hhhmmmm ?
    "Scooping it up by the ounce for free"
    After $1500 + detector, and $500 + - in accessories.
    Boat to get to spots you dig now, extensive side noted costs available for boat operating.
    Of course time spent searching for free metal.
    The end result is so far in the red, consider claiming loss on your TAXES !
    The true value in detecting, as I am a detector, is the enjoyment.
    Anything above and beyond is a bonus.
    The books do not record enjoyment value however.
    So unless you find a 1807 militia belt buckle worth $1000+, or Au Seated Liberty $250, or cache, or rarererrerr coins !
    One will not $ gain.
    If I paid myself for detecting time, just the swinging of the loop, I would have sealed boxes of silver or gold.
    Not a couple rings, a pendant, and cross or something.
    I continue to love it and will dig until dead.
    My numbered records I have kept, continue to show loss.

    Just devils advocate delivery Irons.
    Most "hobbies" have zero return in comparison, and are not for closet case... PIRATES !
     
    Last edited: Jul 17, 2017
  7. stAGgering

    stAGgering Silver Miner Seeker

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    $1.60 premium was 32% on the $5 ASE's; 40% on the $4 ones... yowza !
    Freekin worth it though, even at inflationary loss today.
    Real inflation numbers, not FED bs.
    If you had bought Australia lunar series you could still be selling, with silver @ $16, for $80.
    Maybe just $60 for faster sales, but how much would 2003 ASE's be going for ?
    In a heavily manipulated market, where silver should NOT be @ $16 bucks, semi-numis do have a slight advantage.
    Only however, if one intends upon utilizing such.
    Otherwise, Dice Clay - " Forget about IT ! "
     
  8. <SLV>

    <SLV> Gold Member Gold Chaser Site Supporter

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    www.apmex.com

    Don't buy silver. It is an industrial metal. Governments have gold reserves.

    Ignore the premiums. You get back what you spend on premiums (minus the spread).

    Do 50% Pre-33 slabbed $20 coins (prefer St. Gaudens). Get a low premium grade. The grading will 1) verify the collectable status of the coin, and 2) verify the authenticity of the coin.

    The other 50% should be split between GAEs and Gold Maples.

    Don't forget to have an equal amount of cash "in the mattress".
     
  9. stAGgering

    stAGgering Silver Miner Seeker

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    Silver.com is the same company and stock upon its shelves.
    You pay shipping, but less $ on most items.
    If buying bulk amounts, rolls or boxes, you save significantly.
     
    Irons likes this.
  10. Mr Paradise

    Mr Paradise Midas Member Midas Member

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    If you're going to buy ASE's at 2.99 over spot you might as well buy the latest ATB when it's on pre order for 2.99 over spot. You still get US Mint silver but you also get the numismatic potential with the puck.

    As far as gold goes, I'd just buy the cheaper 1oz maples over the AGE's. I like the fact that the maples are .999 pure.
     
    Aurumag likes this.
  11. hernancortes

    hernancortes Gold Member Gold Chaser

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    Current-year half-ounce $25 gold eagles in MS69 or MS70.
     
  12. southfork

    southfork Mother Lode Found Mother Lode

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    All silver and gold coins are made out of silver and gold, buy the cheapest form you can, obviously you are buying for if and when tshtf so premiums wont be there on numismatic items
     
    Uglytruth likes this.

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