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forum thread Posted by irobot73 • May 16, 2021
forum thread Posted by irobot73 • May 16, 2021

Silver investors: 90% Washington Quarters Roll (40 pcs.) via Check/wire $230.54

$231

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With the crazy mark-ups & lack of availability, since this time last-year, making investing a/o collecting a MAJOR kick in the shorts, I believe I found about the cheapest price for junk 90% silver as I could.

Might be helpful to others as my search continues (God, am I going to be hurting w/ the pre-orders for the 2021 Morgans & Peace dollars from the U.S. Mint next week)

https://www.goldeneaglecoin.com/i...ll-_40-pcs
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About the Poster
With the crazy mark-ups & lack of availability, since this time last-year, making investing a/o collecting a MAJOR kick in the shorts, I believe I found about the cheapest price for junk 90% silver as I could.

Might be helpful to others as my search continues (God, am I going to be hurting w/ the pre-orders for the 2021 Morgans & Peace dollars from the U.S. Mint next week)

https://www.goldeneaglecoin.com/i...ll-_40-pcs

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40 Comments

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May 16, 2021
1,038 Posts
Joined Nov 2007
May 16, 2021
timmat1
May 16, 2021
1,038 Posts
Is 15% over spot good now days?
Pro
May 16, 2021
1,014 Posts
Joined Jun 2012
May 16, 2021
Massaman
Pro
May 16, 2021
1,014 Posts
Quote from timmat1 :
Is 15% over spot good now days?
For coins, and in this scarce market: yes.
May 16, 2021
1,806 Posts
Joined Aug 2008
May 16, 2021
usercar007
May 16, 2021
1,806 Posts
So buy high sell low? Worst time to buy silver when its sky high unless you believe the U.S will collapse soon. If so I prefer lead over silver.
May 16, 2021
957 Posts
Joined Aug 2014
May 16, 2021
jo55jo
May 16, 2021
957 Posts
Are these actually being melted for the silver content?
Original Poster
May 16, 2021
270 Posts
Joined Aug 2008
May 16, 2021
irobot73
Original Poster
May 16, 2021
270 Posts
Quote from jo55jo :
Are these actually being melted for the silver content?
If you wish, sure. Also makes for easy barter/trade for those of the same mindset.

Myself, it's more for hedging of the future (knowing is kept artificially LOW, even w/ the recent jumps) and for filling in some coin books for the nieces/nephews...until they blow it all buying an X-Box game or filling their tank or...

Whatever floats your boat

3
Original Poster
May 16, 2021
270 Posts
Joined Aug 2008
May 16, 2021
irobot73
Original Poster
May 16, 2021
270 Posts
Quote from usercar007 :
So buy high sell low? Worst time to buy silver when its sky high unless you believe the U.S will collapse soon. If so I prefer lead over silver.
I like a balance: lead, precious metals, liquor & canned goods. Though, the 1st is exceedingly hard to find/acquire @ the quantity & price *I* prefer.
1
4
Original Poster
May 16, 2021
270 Posts
Joined Aug 2008
May 16, 2021
irobot73
Original Poster
May 16, 2021
270 Posts
Quote from timmat1 :
Is 15% over spot good now days?
~$23 for $1 face-value @ ~$27 spot (I just checked)??

Hell of a lot cheaper than the mark-ups on ASE (Amer. Silver Eagles: ~$40+ for a 2021 ASE last I went hunting) or even the non-U.S. Mint mint rounds/bars+

But, hell, anyone's found anything better, I'm ALL ears
2

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May 16, 2021
2,632 Posts
Joined Nov 2004
May 16, 2021
Siwy12
May 16, 2021
2,632 Posts
Quote from usercar007 :
So buy high sell low? Worst time to buy silver when its sky high unless you believe the U.S will collapse soon. If so I prefer lead over silver.
High? Show me any other commodity that is 50% of it's 1980's price...
2
May 16, 2021
199 Posts
Joined Aug 2007
May 16, 2021
henryfw
May 16, 2021
199 Posts
"90% silver coins are also still recognized as US currency so trading will be easier than pure silver products". So these are worth $0.50 to the government?

https://www.goldeneaglecoin.com/i...oll-_20pcs
May 16, 2021
2,541 Posts
Joined Jul 2006
May 16, 2021
FinsUp99
May 16, 2021
2,541 Posts
Quote from usercar007 :
So buy high sell low? Worst time to buy silver when its sky high unless you believe the U.S will collapse soon. If so I prefer lead over silver.
Lead isn't cheap either but I'm sure you're aware. The bots are killing us in that area unless you can find any at a B&M store. I'll wait on my precious metals until things settle down, hopefully by the end of the year.
Original Poster
May 16, 2021
270 Posts
Joined Aug 2008
May 16, 2021
irobot73
Original Poster
May 16, 2021
270 Posts
Quote from henryfw :
"90% silver coins are also still recognized as US currency so trading will be easier than pure silver products". So these are worth $0.50 to the government?

https://www.goldeneaglecoin.com/i...oll-_20pcs [goldeneaglecoin.com]
I guess if you wanna waste $10 worth of silver by using it as a $.50 piece

Much like an proof $.25 spends like a silver proof $.25 (even though only the latter is technically REAL money....& costs a good bit more than the former)

Course, true, it's been ages since I've seen anything in my pocket change worth a damn. I do like to spend Kennedy $.50 in the wild when I go through a load, just to see the looks on the kids faces (throw 'em a $2 bill & really freak 'em out)
1
May 16, 2021
7,589 Posts
Joined Feb 2007
May 16, 2021
WindySummer
May 16, 2021
7,589 Posts
Silver is up over 70% in a year. Here's why experts say it could have further to go
https://www.cnbc.com/2021/05/13/s...inues.html
1
Original Poster
May 16, 2021
270 Posts
Joined Aug 2008
May 16, 2021
irobot73
Original Poster
May 16, 2021
270 Posts
Quote from WindySummer :
Silver is up over 70% in a year. Here's why experts say it could have further to go
https://www.cnbc.com/2021/05/13/s...inues.html [cnbc.com]
& STILL better than the > 200% gain (in the past year, on some items) for things like: lumber, meat, gas, copper\aluminum\iron ore\steel, corn\soybeans, wheat, hog futures, coffee...

All the while The Fed. makes the $ printer go "BRRRRR"
May 16, 2021
2,293 Posts
Joined Sep 2007
May 16, 2021
mrtasan
May 16, 2021
2,293 Posts
how do you preorder the 2021 morgan and peace?

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Original Poster
May 16, 2021
270 Posts
Joined Aug 2008
May 16, 2021
irobot73
Original Poster
May 16, 2021
270 Posts
Quote from mrtasan :
how do you preorder the 2021 morgan and peace?
Online or call in on the 24th @ Noon

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