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Anyone here own physical silver?

Posted on 1/2/11 at 11:53 pm
Posted by Six3
Gonzales, La
Member since Jan 2008
610 posts
Posted on 1/2/11 at 11:53 pm
curious...
Posted by Tiger4
Member since Jan 2009
8761 posts
Posted on 1/3/11 at 12:17 am to
I am sure some do, its is probably a better investment than gold right now, if you have a quarter made before 1964 you probably own silver.
Posted by I Love Bama
Alabama
Member since Nov 2007
38436 posts
Posted on 1/3/11 at 12:24 am to
Actually I own quite a bit physical silver and gold. My grandfather was obsessed with collecting the stuff and left it to us. My brother and I have a gold bar in his gun safe. No telling what that thing is worth right now.
Posted by RabidTiger
Member since Nov 2009
3127 posts
Posted on 1/3/11 at 1:01 am to
That's easy, about 1400 bucks an ounce.
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
139564 posts
Posted on 1/3/11 at 4:55 am to
quote:

My brother and I have a gold bar in his gun safe.
If it's a standard Ft Knox type Gold Bar, I think those weigh in at about 27.5lbs, and are worth about $616,000.00 at $1400/oz.
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 1/3/11 at 7:14 am to
That guy is gonna shite himself when he reads that.
Posted by Vrai
Baton Rouge
Member since Nov 2003
4034 posts
Posted on 1/3/11 at 8:12 am to
I own a few hundred ounces of silver bullion. Nothing major, something I bought on a whim at $13/oz.
Posted by LSURussian
Member since Feb 2005
135046 posts
Posted on 1/3/11 at 8:37 am to
quote:

My brother and I have a gold bar in his gun safe.

If it's a standard Ft Knox type Gold Bar,
I bet grandpa didn't leave one of those in his gun cabinet. I'm guessing it was one of those 1 oz. bars.
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 1/3/11 at 9:30 am to
quote:

I bet grandpa didn't leave one of those in his gun cabinet. I'm guessing it was one of those 1 oz. bars.


Either that, or the standard, Rivers issued, 1 ton bar.
This post was edited on 1/3/11 at 9:40 am
Posted by LSURussian
Member since Feb 2005
135046 posts
Posted on 1/3/11 at 9:32 am to
Posted by GumboPot
Member since Mar 2009
140573 posts
Posted on 1/3/11 at 9:52 am to
Yep. From a coin collection I started when I was a kid.
Posted by blueridgeTiger
Granbury, TX
Member since Jun 2004
22313 posts
Posted on 1/3/11 at 1:15 pm to
I have about 100 oz silver (old collection from Franklin Mint & misc coins); and 5.2 oz gold - most purchased at about $350 to $450. Am I ready for the apocalypse?
Posted by I Love Bama
Alabama
Member since Nov 2007
38436 posts
Posted on 1/3/11 at 2:19 pm to
quote:

If it's a standard Ft Knox type Gold Bar, I think those weigh in at about 27.5lbs, and are worth about $616,000.00 at $1400/oz.


I wish! It is 1 kilo which is equal to about 35 ounces. $49,000!
Still a nice chunk of change.
Posted by tirebiter
7K R&G chile land aka SF
Member since Oct 2006
10995 posts
Posted on 1/3/11 at 6:15 pm to
I got a bag of it in a safe deposit box that weighs more than 50lbs, combination of 100% silver and 90% silver coins, wish it was gold fo sho. The cost of the coins was zero, so I can't complain.

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