I just bought 26 Peace Dollars

Because they think it will go higher, and I would say that might be happening.

 

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Sure no problem.

I’d recommend checking out his YT channel.

He is known for being a very honest man with a great reputation.

A lot of his YouTube viewers have bought & sold to him and they all rave about how he buys fair and sells fair because he values his name & reputation far more than the money in his pocket.

 

The last silver dollars I bought were under $17.00 each and that was just last year. I have over 1200 of them, Peace and Morgans but geesh. Today's pricing seems high to me but I'm holding on to them. Glad I have the means to do so, if you get my drift.

 

1200?? WOW!!

I've always been the kind of guy who converts my silver to gold whenever my silver stack becomes burdensome.

Mostly due to lack of space in my safe.

When I get ~100 oz of silver I convert however many oz is required into 1 oz gold and then begin restocking my silver until I have enough for another oz of gold.

 

I’m like you. Seems silly high..... So you won’t take my $18.00 each offer for fifty of your dollars? Just trying to help out a buddy with storage problems....

 

Well if you go far enough back I'm sure there are people here who can tell you about buying gold for $300/oz and how ridiculously high gold is right now.

But if they wait until gold is $300/oz again they might never ever be able to buy any more gold because it might not EVER drop back down to $300/oz like it used to be.

 

I buy cull morgan and peace dollars. I don't see any reason to pay more for condition.

 

I was one of them! I have a safe deposit box fairly well stocked with $300.00 oz gold..... I been riding this silver train a while too. Watched it go anywhere from $14.00 to almost $50.00 an ounce. I am in for the long haul as you can see. And yes, I see it as rather inflated right now. But that’s OK. If it stays high, I have a very nice nest egg to give my kids.

 

Well I mean there are rarer Peace Dollar dates and some of those in MS condition can costs thousands of dollars.

 

No storage problems here my friend. I don't have a closet full of shoes. Lol

 

You mean like this one?
I also have the 1928 but that one is a MS-65 by PCGS.

 

Nice! Lucky you!

Sadly I didn't start investing in precious metals until 2015 .

This is the very first order I ever placed for any sort of precious metals and as you can see it's not much lower than prices now even though it was 5 years ago.

I know APMEX is expensive but as I said it was my first order and I didn't know any better. xD

At least I've made SOME profit on them though. It beats a loss.

 

Yup. Like that.

I was just telling FryDaddy that all Peace Dollars aren't worth exactly the same and that sometimes date & condition really matter when it comes to the value of a Peace Dollar.

 

Dates, mintmark and condition always matter. You can add in supply and demand as well.
Edited to correct spelling.

 

I know that! I was telling FryDaddy! xD

You should tell him not me.

 

Silver did open 6% higher today. It will be interesting where it goes. Could be at $30 before the end of the day.

 

It's at $28.66 right now! Holy smokes!

 

He'll see it. The coin I posted is in the neighborhood of $4000.

 

T

That's a beautiful coin and I rarely say this, but I could easily see that in a 65 holder.

 

Thanks and I felt the same when I bought her.