Thanks. I see em going recently for $330 - $375. I obviously don't plan on selling them for a long time. The other similar bar I bought 2 weeks ago cost me $320. I decided to pull all my silver out for a fresh group pic since I no longer have any 90% in the stack. I was briefly up to 220oz but I sold ~79oz of 90% a few weeks ago and have bought 35 ounces of bullion back since then. 176oz of .999:
Yes...the LITERAL translation is pure silver, but a quick google search (and the fact that it says 0.925 on the upper left of the coin) verified that it is .925 sterling silver. However it is 1.081 troy oz of .925 silver, bringing us back to 1 full troy oz of "plata pura".
I started in December and went a little overboard which is why I sold off my 90% to rebuild my emergency cash fund. I am going to try and limit myself to just 5 or 10 ounces per month now and stack more cash for a while.
what real welath should look like. what bank accounts should look like. not worthless piles of fiat currency.
Question about paying 'spot value' on coins... Guy has offered to sell me 2 rolls of war nickels for $120 total. That's 1.50 a nickel and spot value puts them at 1.52~. Is it a no brainer purchase? Should it be based on condition at all? I'm new to purchasing coins.. Thanks!
I would only spend ~$1 per war nickel, making your purchase out to be $80. 35% is too impure for my liking.
^^^ Agreed. War nickels usually sell at a discount to spot. Unless it's FeeBay, where they usually fetch $50-70 per roll. But, if you buy them to flip on FeeBay, figure in 10% for fees and $6 for shipping. If you pay over $40 per roll, and only manage to sell them for $50 per roll, then you're losing money (and time).