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)
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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)
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...
~$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
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"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?
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.
"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?
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)
& 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"
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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
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
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https://www.goldeneagle
https://www.goldeneaglecoin.com/i...oll-_20pcs [goldeneaglecoin.com]
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)
https://www.cnbc.com/2021/05/13/s...inues.html
https://www.cnbc.com/2021/05/13/s...inues.html [cnbc.com]
All the while The Fed. makes the $ printer go "BRRRRR"
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