expired Posted by irobot73 • Sep 19, 2023
Sep 19, 2023 11:40 AM
Item 1 of 2
Item 1 of 2
expired Posted by irobot73 • Sep 19, 2023
Sep 19, 2023 11:40 AM
5-Count of 1oz .999 Fine Golden State Mint Buffalo Silver Rounds
(Spot Price) + $8 S/H~$122.30
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Our community has rated this post as helpful. If you agree, why not thank ScottA4144
Anywho, if you are new to physical metals especially silver, just buy silver eagles from the mint. They are probably the most heavily traded item in silver. For this deal I bought a couple of eagles on sale to push it into the free shipping area.
I keep my metal in a secure vault guarded by sharks with laser beams on their heads, while I sit beside the fireplace in my smoking jacket while petting my hairless cat. Muhaahaahaa (maniacal laugh).
Our community has rated this post as helpful. If you agree, why not thank EdEd1190
Someone making and selling a fake US Mint Coin is guilty of counterfeiting, a Federal Offense and faces 20 years in a Federal Prison. Same thing counterfeiting a $1 US Eagle one ounce coin as if the person had a printing press making counterfeit $100 bills.
Someone making and selling a fake "Silver Round". Fake Silver, Silver plated, etc. then it would depend on the jurisdiction. So could be a Code Violation (basically glorified parking ticket), misdemeanor, or would have to take them to small claims civil court and sue them to get your money back.
Due to those reasons, it is much less likely to get a fake US Mint Coin, because whoever is doing that would face some very serious charges if caught. Very high risk making and selling a fake US Mint Coin, compared to the very low risk of making a fake Silver Round.
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http://www.goldchartsr
Inflation adjusted chart. Chart says it was updated in August but not sure I believe it.
Even if you bought in 1930 - you're looking at 360% profit...over the course of 90 years. I will truly never understand why people 'invest' in this stuff (not like you're throwing $100k into silver rounds). I get it if you just want to hold onto it and look at it every now and then. That part I can see. But for any sort of a profit? You can pretty much pick anything else on the planet and it would do better. Hell, investing in plywood could bring you better returns.
Gold has some industrial uses, but due to its prices, they are very limited.
That's true, but that extra (4th) 9 doesn't mean that much, plus at that point you're basically treating both as bullion (fungible) so why even buy a government mint - just get a reputable private mint and save even more $$.
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