I agree with Cloud that the smelters aren't swamped this time, and back when silver was $50 they were paying about $40 intrinsic value. Of...
To be fair I think that people should guess what the market value was in 2005, or what is the point of all of this? To insult Doug? I know he is...
My local dealer yesterday was at 17x for small transactions, 18x for larger ones, and 19x for silver dollars. If I were to find fault it is that...
I never said PM prices do not discourage new collectors or that it does not harm coin collecting. I was talking about existing collectors and the...
Well, I find it interesting that hundreds of cultures all over the world with no interaction have all settled on a 16:1 ratio. Kind of hard to say...
Peace dollar is a great idea. Another would be a large cent or two cent piece. They are always conversation starters. Maybe even a half cent.
This is exactly what happens, and why higher PM prices increase numismatic prices. It happened in 1980. Then when PM's crashed numismatic prices...
What does that say about us who bought at $3.50 or less? I was going to sell half at $20 and was lazy. Any idea where to sell now, cause I sure...
Surging PM prices always increase numismatic prices. Dealers and collectors sell of PM and reinvest money buying that 16d dime or 1877 cent they...
Interesting, I just took the value of silver 50 years ago and compounded by 5%, (close to average inflation), and todays price should be about...
Exactly. I have posted before that there is a lot of "hot" money always in search of large movements in any asset class. It has been in oil, tech...
I would disagree on the other side of the argument. Discontinuation of coinage would lead younger generations to not be interested in them, since...
Ah, the elusive coin collecting girl. Dreamed about and talked about far more commonly than ever seen. One of the rarest creatures on the planet....
I know parts of Malaysia have gold and silver coins struck. They are Islamic and they believe the Koran dictates "real money".
Looks good to me. I think the clincher is a weight test. All of the old fakes of these failed weight, though I cannot comment on if there are any...
This is probably safest to say since the costs you need to overcome are lower as a percentage. If you have a coin you buy for $20 the dealer might...
I would say almost all collectors if you calculate time value of money would lose on their collections. Even if you colelct coins from circulation...
Goodnight Evgeney. I am sure our future conversation will be more pleasant and better served sir. Sincerely, Chris
Great thought Gary but these things take time. Also, they were profitable at $10 before but not now. A friend is in the mining equipment industry...
Exactly. like I said, we have more in common than not, which is why I am sad our countries are not closer. Hopefully someday. Chris
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