Jus lil FYI. Wife was shopping other day. There was a Gold/Silver store close by so I mozied on over. Talked to Owner bout selling some Silver. He was willing to pay Spot for ASE's and $2 back on Silver Rds. Did not inquire bout silver bars or Gold. Had been wondering about this for a while. Jus fyi
Silver prices
- Thread starter krw
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ASE ??
May be talking about American Silver Eagles. Probably to busy to spell it out. $2 back on silver rounds may mean 2 dollars under spot. There again probably to busy to make it clear. I would really hate to be that busy.
I did hear gold prices were up last week
But so was the stock market
But so was the stock market
Don Lovel
Hunter
Gold was over $2760 Friday
If you coodnt decipher post, probly wasnt intended for you
probably not, I prefer English
GasGuzzler
Hunter
What about to instead of too?
I buy a little silver when someone locally has it at a good price...or a price I feel is good. I am no investor.
I buy a little silver when someone locally has it at a good price...or a price I feel is good. I am no investor.
Blackhawk Convertable
Blackhawk
The problem is there is too much fake silver on the scene. And they are not stamped "copy." I would ONLY buy from a reputable dealer. On the other hand, I've seen local online auction sites that every week has silver for sale. The buyers are paying stupid prices way over what they could get from a dealer.
Star43
Buckeye
I like to buy the good old 90% constitutional silver coins. In my opinion you can't go wrong. Quarters, dimes, and halves. With the 90% there is always less premium to pay, and if the poop hits the fan, it will be invaluable. People recognize the U.S. coinage and for buying and/or bartering during and if hard times were to ever happen, to me that is the way to go. Think of it, if the dollar fails, and you have "gold", how are you going to get change when you want to buy some milk, bread, or some groceries ?? To me it's the best and safe investment. If times are OK, you can always pass it on to your kids and grandkids. Unlike milk, Silver never goes "bad". Some people like the specialty coins like the Silver Eagles or Maple Leafs. There is too much premium to pay for them. That's why I love the good old US coins. 1964 and older. IMO. 
DGW1949
Hunter
Silver ain't for "making money", it is money, and as such is simply a store of wealth. Unlike our Federal Reserve Note's (AKA debt notes), you can keep it a lifetime and it's purty-much going to buy what it's always bought.
A pre-1965 U.S. quarter contains enough silver that the scrap price you'd get if you sold it at melt value today would get you about $6.00 in Federal Reserve Notes (FRNs)....What that tells us is that gasoline cost about the same price today as it did back in 50's-early 60's, if not a bit less....Another thing it tells us is that one can not realistically compare any of today's paper banking instruments to silver or gold because paper banking instruments are always only payable in FRNs, which is itself, nothing more than an unpayable IOU....In other words, paper in your hand means that someone still owes you something. Silver or gold in your hand means that you've already been paid....See the difference?
DGW
A pre-1965 U.S. quarter contains enough silver that the scrap price you'd get if you sold it at melt value today would get you about $6.00 in Federal Reserve Notes (FRNs)....What that tells us is that gasoline cost about the same price today as it did back in 50's-early 60's, if not a bit less....Another thing it tells us is that one can not realistically compare any of today's paper banking instruments to silver or gold because paper banking instruments are always only payable in FRNs, which is itself, nothing more than an unpayable IOU....In other words, paper in your hand means that someone still owes you something. Silver or gold in your hand means that you've already been paid....See the difference?
DGW
I out of the game since we cash in all our silver snd gold and got 5600 dollars and put it towards a new 2024 jeep grand Cherokee didn't look back
That means that he is paying silver spot on a Silver Eagle that cost about 10% more when bought and less for the rounds. If the rounds were melted down to homemade ingots you could get more?
I buy silver from time to time but not right now. It is at a high swing and it's almost time to sell if you were so inclined. I have ASE, rounds of an attractive design and 1 oz bars, I like to look at the designs and artwork. And maybe one day my son and grandkids can scratch their heads wondering what in the h3ll they need to do with it. I also have junk silver and silver dollars that are fun to play with. They will probably use them in a vending machine somewhere.
Busterswoodshop
Buckeye
I have several shoe boxes full of silver dimes.
Years ago I was watching the price on them.
The price was going up , and I was going to sell them when they reached $3.00 a piece , in silver value.
They got close , but never reached it.
They went down and have never got close again.
I still have them and they are not worth much more now , than they were then.
Today they are worth around $2.44 a piece in silver value.
They have bounced around that price for years.
I don't see how silver is a good investment.
Years ago I was watching the price on them.
The price was going up , and I was going to sell them when they reached $3.00 a piece , in silver value.
They got close , but never reached it.
They went down and have never got close again.
I still have them and they are not worth much more now , than they were then.
Today they are worth around $2.44 a piece in silver value.
They have bounced around that price for years.
I don't see how silver is a good investment.
JackBull
Hunter
Total Stock Market Up: 1 yr 40%, 5yr 86%
1 oz Gold: 1yr 38%, 5yr 84%
1 oz Gold: 1yr 38%, 5yr 84%
Star43
Buckeye
I believe Silver is a very good investment as it will never go away. Can you say that about stocks or bonds or bitcoin, for that matter. Sure when times are good, stocks, bonds, bitcoin, whatever, all is good......bit they can vanish as you have no control over those things. But, with Silver, it is in Your hands and the value will always be there, in good times AND in bad times....But in bad times, that Silver will be Very valuable. That is why I love Silver......because it is Real money.
