- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Is collecting silver worth the time?
Posted on 12/15/20 at 11:39 am to TDsngumbo
Posted on 12/15/20 at 11:39 am to TDsngumbo
Have you ever sent any coins off to be graded and slabbed? I was interstate in doing this for some of mine. Even if they don’t appraise high I would probably be interested in them slabbed.
0
Posted on 12/15/20 at 12:02 pm to bleedsgarnet
quote:
quote: When it’s at a decade or so high? Come backin six months and we’ll see who was correct.
Here we are at the 4.5 month mark and it’s down about 10% from this post time
Posted on 12/15/20 at 1:22 pm to bleedsgarnet
The problem with silver (as opposed to gold) is that the price per oz is so low. So if you want to put some money in precious metals you have to buy a lot of physical silver, leading to storage issues. Gold is a lot easier to accumulate and store. Nothing inherently wrong with silver though.
Posted on 12/15/20 at 4:05 pm to SloaneRanger
I have bought silver junk coins (pre65) and SIlver Eagles since about 2000. I have a nice stash.
2 weeks ago bought 20 Peace Silver Dollars for $20/each which is very reasonable considering the current mark ups.
2 weeks ago bought 20 Peace Silver Dollars for $20/each which is very reasonable considering the current mark ups.
Posted on 12/15/20 at 4:40 pm to Bulletproof Lover
BFD - it is HALF of decade and 40+ year old highs. Add in inflation adjusted all time highs and it is less than 25% value of $119/oz.
It is worthless junk in massive supply with NO demand and has NO value as a monetary currency.
It is worthless junk in massive supply with NO demand and has NO value as a monetary currency.
Posted on 12/15/20 at 5:26 pm to bleedsgarnet
My grand father used to collect coins. He had a penny collection worth a fortune and a gold coin collection worth a lot more than that. He was a bank trustee so he had easy access to bags of pennies.
My wife had a laundromat for a couple of years and we would find 1964 and earlier quarters which are 90% silver mixed in with the base metal ones since then. They had a melt value at the time of over $5.
My wife had a laundromat for a couple of years and we would find 1964 and earlier quarters which are 90% silver mixed in with the base metal ones since then. They had a melt value at the time of over $5.
Posted on 12/15/20 at 6:52 pm to Auburn1968
I collect coins and precious metals but am considering liquidating these assets
Posted on 12/15/20 at 11:26 pm to RightKindaGuy
Jerry Selbee was a regular guy who was sharp at math, which allowed him and his wife to make millions off of flaws in two state lotteries. He had other sharp ideas, most of which required a lot of work but paid off.
One thing he did to make money:
One thing he did to make money:
quote:
Knowing that people rolled up their spare change and cashed it at the bank, it had occurred to Jerry to buy these rolls at face value, hoping that the bank hadn’t opened and checked them. Jerry’s idea was that maybe bank customers, by mistake, had included certain rare and valuable coins along with the normal ones. Father and son would sit in front of the TV at night and rip open the rolls, searching for buffalo nickels and silver Mercury head dimes; they made about $6,000.
Page 3 of 3
Popular
Back to top
Follow TigerDroppings for LSU Football News