I never saw any sense in buying Silver coins. Their spread to spot has always been too high to offer attractive investment. Same with small bars. Below 1kg all prices differ way too much.
I have a local coin shop within walking distance of my work. I go in on a regular basis and buy Morgan and peace dollars for $2-3 under spot silver price. Bookmark the APMEX junk, er vintage silver calculator and you have all you need to know at your fingertips.
Silver run seems to be over. It's 2011 all over again. Time to move on to something with actual returns. Dividend stocks are on my list. I can't wait another 20 years for this to turn around.
I strongly disagree. All of the problems that caused the big run ending in Jan 26 (insane unpayable debt everywhere you look, plus overvalued financial markets, fixed as well as equities) what can be done? Print money and gobs of it or not print money and the whole mess falls apart. Has anyone uttered "soft landing" lately? I don't think anyone is that foolish. JMO mining shares are a better value right now and for lower income investors/speculators with mostly free long term capital gains taxes easier to get in and get out. And us poor guys are also get some relief on qualified dividends. Dividend paying oil companies might be all right but I prefer silver and gold mining companies. Again JMO.
Find a dealer and stick with them long-term and you'll be treated fairly coming and, hopefully just occasionally, going.
Since when do the masses time the selling of tops? Tells you we still have a long way to go
I never saw any sense in buying Silver coins. Their spread to spot has always been too high to offer attractive investment. Same with small bars. Below 1kg all prices differ way too much.
Worked just fine long-term, starting in 2000/01.
LOL!
Pleased you have fun, Jeb🤓
I have a local coin shop within walking distance of my work. I go in on a regular basis and buy Morgan and peace dollars for $2-3 under spot silver price. Bookmark the APMEX junk, er vintage silver calculator and you have all you need to know at your fingertips.
https://learn.apmex.com/tools/junk-silver-calculator/
Don’t die and leave your wife huge bags of silver coins in the basement . She won’t appreciate it .
During the 80’s and 90’s us retail brokers would often get calls “ Can you help me with these coins ? What do i do ?”
I would argue that she will appreciate it. The value when inherited becomes her basis meaning there is no capital gains tax to pay.
hahah
Yes the epilogue was the coin dealer came to the house ,went into the basement and carried them out for her.
Silver run seems to be over. It's 2011 all over again. Time to move on to something with actual returns. Dividend stocks are on my list. I can't wait another 20 years for this to turn around.
You have no clue! The bull market is just halfway over.
I strongly disagree. All of the problems that caused the big run ending in Jan 26 (insane unpayable debt everywhere you look, plus overvalued financial markets, fixed as well as equities) what can be done? Print money and gobs of it or not print money and the whole mess falls apart. Has anyone uttered "soft landing" lately? I don't think anyone is that foolish. JMO mining shares are a better value right now and for lower income investors/speculators with mostly free long term capital gains taxes easier to get in and get out. And us poor guys are also get some relief on qualified dividends. Dividend paying oil companies might be all right but I prefer silver and gold mining companies. Again JMO.
Bingo!!!