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expiredirobot73 posted Sep 19, 2023 11:40 AM
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expiredirobot73 posted 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

124 Comments 71,361 Views
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Deal Details
Monument Metals has 5-Count of 1oz .999 Fine Golden State Mint Buffalo Silver Rounds on sale for $122.25. Shipping is $7.99 or is free on orders $199+.

Thanks community member irobot73 for sharing this deal

Note, offer price is based on current Spot Price so price will vary. You must be logged into your account to add this to your shopping cart.

Editor's Notes

Written by slickdewmaster | Staff
  • About this Offer:
    • Per Product Page: Monument Metals is offering our customers five (5) brand new one ounce .999 fine Golden State Mint Buffalo silver rounds at spot price! This price is below wholesale cost, but it's our way of saying "thank you" for trying Monument Metals.
    • This special offer is limited to one per household. Orders will be manually reviewed for compliance with this policy. If you are found to be abusing this offer, all of your orders will be cancelled.

Original Post

Written by irobot73
Community Notes
About the Poster
Deal Details
Community Notes
About the Poster
Monument Metals has 5-Count of 1oz .999 Fine Golden State Mint Buffalo Silver Rounds on sale for $122.25. Shipping is $7.99 or is free on orders $199+.

Thanks community member irobot73 for sharing this deal

Note, offer price is based on current Spot Price so price will vary. You must be logged into your account to add this to your shopping cart.

Editor's Notes

Written by slickdewmaster | Staff
  • About this Offer:
    • Per Product Page: Monument Metals is offering our customers five (5) brand new one ounce .999 fine Golden State Mint Buffalo silver rounds at spot price! This price is below wholesale cost, but it's our way of saying "thank you" for trying Monument Metals.
    • This special offer is limited to one per household. Orders will be manually reviewed for compliance with this policy. If you are found to be abusing this offer, all of your orders will be cancelled.

Original Post

Written by irobot73

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Top Comments

AquaKnob6778
31 Posts
10 Reputation
I have never bought from them so I can't comment on how trustworthy they are. It may not be obvious to non-collectors so I will just remind people that these are not US mint coins.
mattymsu25
1207 Posts
206 Reputation
I prefer my money to be a bunch of fake 0101010101010101s
Muddskipper
8 Posts
10 Reputation
While the shipping keeps me from buying- if you get up to $200 shipping is free and I have ordered over a dozen times from MM…. They are 100% legit and my #1 on line dealer…

123 Comments

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Sep 20, 2023 03:55 PM
31 Posts
Joined May 2018
SmartWater441Sep 20, 2023 03:55 PM
31 Posts
There are times you will get above spot even for this. You just have to go to a dealer that follows the market, and can easily tell genuine coins. I see no problem with these types of coins as long as they are from a reputable mint / miner.
1
3
Sep 20, 2023 03:59 PM
8,902 Posts
Joined Feb 2007
trzaSep 20, 2023 03:59 PM
8,902 Posts
Quote from section31 :
Weird how silver is crashing yet gold remains strong
Not really. Exchanges trade non-existent silver. Probably trillions of dollars of contracts that are not backed by actual metal. Such a scenario can be easily manipulated.
Sep 20, 2023 04:07 PM
408 Posts
Joined May 2018
1n4oneSep 20, 2023 04:07 PM
408 Posts
Quote from StevenDee69 :
Came for the [expert] investor opinions and name calling. I am not disappointed. PM is a foolish investment, but that's just my opinion.
You're right. PM is a terrible investment as it yields no dividends. However, PMs are a good hedge against inflation. But... if you do spend money on PMs
plan on purchasing other foolish investments such as safes and bullets.
Sep 20, 2023 04:13 PM
273 Posts
Joined Jun 2015
FrugalwalletSep 20, 2023 04:13 PM
273 Posts
Quote from Nim0 :
Will this be worth more than my trusty Trump coins in a few years? My Trump Univ degree taught to me keep investing in these sorta things, but I'm not understanding why my resume isn't getting any traction.
Gotta invest all your money in trump NFTs, that's where you're gonna get the best returns. 🚀
4
7
Sep 20, 2023 04:19 PM
1,512 Posts
Joined May 2012
CharlesBarkleySep 20, 2023 04:19 PM
1,512 Posts
Quote from frozty89 :
5 oz of silver is $115.4, also keep in mind that no one is going to pay you spot value to convert this back to cash, you will sell it at a discount.
Every precious metals and coin shop I have been to will pay spot/melt price for silver/gold, but you will miss out on the "premium" you paid over that to the mint/refiner
Sep 20, 2023 04:23 PM
39,181 Posts
Joined Nov 2005
Dr. JSep 20, 2023 04:23 PM
39,181 Posts
Quote from CharlesBarkley :
Every precious metals and coin shop I have been to will pay spot/melt price for silver/gold, but you will miss out on the "premium" you paid over that to the mint/refiner
PMs aren't really much different than FOREX. When you buy or sell currency, you're paying for the transaction either way. So, when you buy PM's, you're paying some sort of premium over spot (usually), and when you sell, no one is going to buy for much more than spot (even if they do go up to spot). This is because every person in a series of transactions is looking for their profit. (also why when going to a foreign country you don't just accumulate a ton of their money because you're going to take a hit when you buy AND when you sell it back).
Sep 20, 2023 04:24 PM
2,552 Posts
Joined Dec 2008
Marlin1975Sep 20, 2023 04:24 PM
2,552 Posts
Quote from section31 :
Weird how silver is crashing yet gold remains strong

Silver has industrial uses and is used as a gauge on the health of the market.

Gold has uses, but is primarily used to store funds and as jewelry.

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Sep 20, 2023 04:36 PM
25 Posts
Joined Nov 2018
ElatedGoat603Sep 20, 2023 04:36 PM
25 Posts
PM is not a good investment for returns. Frankly I don't think it's a good hedge against regular inflation. But I do think it is good as a hedge against hyperinflation.
Sep 20, 2023 05:46 PM
1,019 Posts
Joined Sep 2010
WaggSep 20, 2023 05:46 PM
1,019 Posts
Quote from AquaKnob6778 :
I have never bought from them so I can't comment on how trustworthy they are. It may not be obvious to non-collectors so I will just remind people that these are not US mint coins.
So these are worth no more than the value of the silver, correct?
Sep 20, 2023 06:12 PM
39,181 Posts
Joined Nov 2005
Dr. JSep 20, 2023 06:12 PM
39,181 Posts
Quote from Wagg :
So these are worth no more than the value of the silver, correct?
Basically yes. Whether or not something can have value beyond melt (or spot) is really a function of how trusted the mint is, and if it's a numismatic piece. So, most government mints will carry a premium, as will some of the higher end private mints. Otherwise, it's a fungible commodity.
1
Sep 20, 2023 06:21 PM
388 Posts
Joined Dec 2014
BrianR5458Sep 20, 2023 06:21 PM
388 Posts
SD Bullion is my dealer of choice. Currently, a 5oz bar is $131 with $10.00 shipping.
Sep 20, 2023 06:26 PM
859 Posts
Joined Sep 2010
Flawless700Sep 20, 2023 06:26 PM
859 Posts
Quote from Wagg :
So these are worth no more than the value of the silver, correct?
Technically they are, since once they are in your possession you have already handled shipping, and possibly tax.

Like 100 dollars in your hand is worth more than $100 coming to you in payroll.

Just semantics though, really, you'll be lucky to get spot for these.

It is hard for me to purchase these after paying no shipping and no C.C up charge for gold at Costco in the last couple deals.
Sep 20, 2023 07:00 PM
24 Posts
Joined May 2019
OliveFlag6191Sep 20, 2023 07:00 PM
24 Posts
Note that shipping is free for orders over $200, but you are limited to a single purchase of this deal so you can't just buy two of these sets to get to $200.
Sep 20, 2023 07:10 PM
284 Posts
Joined Sep 2017
tuphatSep 20, 2023 07:10 PM
284 Posts
Every time I see some precious metal offer here, I worry about someone planning to rely on PM investments for retirement, college fund, etc.

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Sep 20, 2023 08:04 PM
480 Posts
Joined Nov 2012
dealbuster9999Sep 20, 2023 08:04 PM
480 Posts
Quote from DiamondJim :
Easier to sell. People have faith in silver content of a U.S. Mint coin.
called around, most buyers will give you 10x for garbage silver coins. I was disappointed. Way below spot. Around 14 bucks an oz.

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