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forum threadirobot73 posted May 16, 2021 01:49 AM
forum threadirobot73 posted May 16, 2021 01:49 AM

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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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 02:07 AM
1,040 Posts
Joined Nov 2007
timmat1May 16, 2021 02:07 AM
1,040 Posts
Is 15% over spot good now days?
Pro
May 16, 2021 02:13 AM
1,017 Posts
Joined Jun 2012
Massaman
Pro
May 16, 2021 02:13 AM
1,017 Posts
Quote from timmat1 :
Is 15% over spot good now days?
For coins, and in this scarce market: yes.
May 16, 2021 02:39 AM
1,806 Posts
Joined Aug 2008
usercar007May 16, 2021 02:39 AM
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 02:52 AM
984 Posts
Joined Aug 2014
jo55joMay 16, 2021 02:52 AM
984 Posts
Are these actually being melted for the silver content?
Original Poster
May 16, 2021 02:59 AM
273 Posts
Joined Aug 2008
irobot73
Original Poster
May 16, 2021 02:59 AM
273 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 03:01 AM
273 Posts
Joined Aug 2008
irobot73
Original Poster
May 16, 2021 03:01 AM
273 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 03:07 AM
273 Posts
Joined Aug 2008
irobot73
Original Poster
May 16, 2021 03:07 AM
273 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 03:19 AM
2,637 Posts
Joined Nov 2004
Siwy12May 16, 2021 03:19 AM
2,637 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 03:51 AM
212 Posts
Joined Aug 2007
henryfwMay 16, 2021 03:51 AM
212 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 04:01 AM
2,547 Posts
Joined Jul 2006
FinsUp99May 16, 2021 04:01 AM
2,547 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 04:06 AM
273 Posts
Joined Aug 2008
irobot73
Original Poster
May 16, 2021 04:06 AM
273 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 04:20 AM
7,602 Posts
Joined Feb 2007
WindySummerMay 16, 2021 04:20 AM
7,602 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 04:33 AM
273 Posts
Joined Aug 2008
irobot73
Original Poster
May 16, 2021 04:33 AM
273 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 04:34 AM
2,316 Posts
Joined Sep 2007
mrtasanMay 16, 2021 04:34 AM
2,316 Posts
how do you preorder the 2021 morgan and peace?

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Original Poster
May 16, 2021 04:49 AM
273 Posts
Joined Aug 2008
irobot73
Original Poster
May 16, 2021 04:49 AM
273 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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