hello everyone have a question about Apmex

I've searched Kennedy's with very reasonable success when I was in Denver. Not so much out in California although I did score about $150 face value in 40% and 90% coins once.

I'm currently ordering bags of Eisenhower Dollars and pulled some Silver Eagles, Morgans and Peace Dollars in addition to a silver round out of the last two bags.

And for the record, silver will NEVER reach $150 an ounce since I've heard this story before. I knew one fella that truly believed it would hit $1,000 an ounce and very, very soon. But that was back in 2007 and of course, silver never even crested $50 an ounce in 2011. There is just way too much of it being pulled out of the ground anymore. The US Government alone sells close to 40 million ounces a year not to mention the other governments in the world which sell silver. Anymore, silver has turned into a simple commodity on the markets rarely fluctuating a buck or 2 an ounce in the past couple of years.

I wish you well in your quest but from what I can see, you're going to be lucky to break even since it appears that you've already made up your mind on what you're going to do.

 

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you know i was going to buy a CD but my bank told me i was going to lose money on it buying one cause the CD aren't stable anymore. correct me if the bank is even trying to disuade me from investing in anything to. but i no wants me give me trust in anything. otherwise i wouldn't have took 1200 dollars i had and bought a CD account. should i seriously buy a CD will the market crash like the teller at the banks makes them out to be to the worst investment possible

on 4 dollars a month for not making the min payment thats like 4 dollars every month i don't pay it off every time i run it back up but thats fine . cause i have to take a loss but i won't make a gain per say. not the end of the world. seriously i would get a cd if i knew what i was doing. thanks i will make the most of it while it lasts.

 

I got nothing.

 

CD's are a defensive financial product, designed to avoid loss, primarily. Compared to the world's other low-risk financial investments, however, they are a STEAL! The equivalent in the euro zone carry negative interest rates - you pay THEM to hold your money. I don't know any more about your life than you've told us here, but dude, you need to get your head straight, seriously. Your life is a mess. The dollar is NOT going to crash, for starters. The people peddling that snake oil are con men, pure and simple. CON MEN!!! You need to keep away from the bottle, do whatever you can to get your legal situation clean, (if in PA, stay clean and apply for a pardon, which will take at least 3 years to come up), and concentrate on supporting yourself. Use your liquidity as an emergency fund, and don't dump it into illiquid precious metals. I WILL give you kudos for looking for the most liquid PM's but still, the whole category is illiquid, especially when you need to sell right now. Buyers can smell desperation, and will skin you alive.

 

yeah PM i'm gonna get there provident prospector coins there nice. what my legal situation i have a nassty record in ohio whats a pardon can i get all my dirty deeds expunduged i can't but if i did i'd be a hell of a lot better off. cd's are a steal huh. oh man no wonder the teller was so reluctant to sit me down and write one up for me when i was walked in the bank with 2 grand. on that note maybe i should buy one but im turning 27 this year its almost to late to make a whole with a cd but i can definelty save up for one again. well when the day comes when i have to sell i will stand my ground of course argue and fight till i get my price that everyone else is getting. i seriously can't be on here geting overwhelming now.

 

Bankers are state and federally regulated. They are REQUIRED, at the potential cost of their professional credentials, to act in the best interest of their customer. Wall Street brokerages are doing EVERYTHING THEY CAN to avoid the same status - they are always working for THEMSELVES, not you. They have forgotten how to act in their clients' best interests. Precious metals dealers have NEVER been required to give a darn about their clients' interests, AND THEY DON'T! You are a sheep to be shorn, in their eyes. How well do you BWAAAAH?

 

I'd take the money and enroll in some courses at your local community college best investment you could make would be in yourself and an education.

 

i remember being at my friends at my grade school and he'd sneek out his moms coin collection book at we'd gaze it and he had a nice collection of rocks as well. this thread will prove informative to those in my same situation i'm worse than himmiler with his stamp collection but you i've ran into some honest answers and i'm grateful for making this threadd. without it i would have been more lost than ever.

 

Provident Metals offers these in silver:











Only a couple of bucks over spot! Well, except for the last one.

 

This is my opinion. I think you shouldn't buy silver of Apmex hoping for a return in the near future. You do not have a job and live with your Mom. Until that changes you should keep ALL of your money in the bank in case you need it and invest in nothing. If you can buy things treasure hunting that you know you can turn over for a profit that is one thing. You said personally you don't have that knowledge and hadn't acquired it collecting and re-selling to do this. I buy coins I know I can sell right now at a profit and avoid those I know I cant. That also applies to any coins I want to keep for myself. I should be able to sell it for a profit right now. Of course with any collectable sales, you tend to overprice items you simply don't want to sell really.

 

Explain to me why Zombucks don't sell for a couple of bucks UNDER spot. Ridiculous thematic concept, IMO.

 

no silver is that cheap and the last one sells on ebay for 75 each 1200 a roll of 20

 

They are kind of funny, remind me of Walking Dead. I would pay a couple over spot. Even if you want to by a Silvertowne bar, they charge $3 over spot but also have free shipping on them.

 

Because they are very popular!

Don't you wanna be prepared for the Zombie Apocalypse? I hear that these will be the ONLY currency that the Zombies will accept...................

 

I was actually shocked at what these sell for and, truth be told, I am a "Walking Dead" fan-geek-nut job"!

 

i know a guy on another forum who buys the zombucks the walker ones right now hes paying 1050 per roll

 

Then I consider "a fool and his money..." as QED. Personally, I don't find any entertainment value in any kind of apocalypse, zombie or otherwise. Too serious a concept (apocalypse, not zombies) to be entertaining in any way. Maybe it's because I lived through the Cuban missile crisis, and civil defense drills in schools.

For those who haven't had "the pleasure", they showed little kids the deepest sub-basements of our school buildings where we would be going, likely to spend whatever days we had left, minus our families, where the food and water rations were already stored in canisters marked with the CD logo surrounded by the radioactivity symbol. Yep, real entertaining. Hey, the 60's weren't all the Beatles and Motown, you know.

 

With due respect, may I suggest you concentrate on finding a job...buying silver or gold as an investment (especially short term) is a bad idea.

 

d0es anyone know if provident medals will buy back the international generic trade bullion i bought off of wholesalecoinsdirect i paid good for them. you think they'll buy coins from a different company the generic. i think they won't i really wish they would there no way i'm going to buy 10,000 dollars worth of wholesalecoinsdirect coins to sell back. when provident medals has a min of 1000 worth of silver to sell back to them? i got 9 of them from WSD?? anyone i hear wanna buy them at a fraction of the price ????

i went ahead and got 26 provident brand coins they had a sell back price listed right under the buy price plus i got discount for buying a large amount .

 

Oh, for the love of god! This is nothing but a disaster (relatively speaking, of course) just waiting to happen.

27 years old and on a pity party; the only one holding this fella down is himself - another case of Detectoitis perhaps. If, for whatever reason, legal troubles or otherwise, a job cannot realistically be had, there are still countless ways to make money today for one so inclined. Perhaps it will not come easy and much time invested will return little reward, but its better than buying metal on a damned credit card and stressing over if the company will buy it back. There are countless people who sit at the computer all day buying and reselling, often using only ebay as both venues, but surely it takes a little intelligence and ambition; something I'm not sure I see here (no offense). Life isn't roses and bowls of cherries, young man you've made some, possibly serious mistakes and how you're viewed is your own fault, but nothing will change until you make it change. If you have to shovel sh*t in order to prove yourself worthy of better opportunities, so be it; accept it and move forward, but do understand that what you wish to do here is pure foolishness. Walk away ahead while you still can.