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2011 GOLD high $1,500.00, SILVER high $24.00
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<p>[QUOTE="krispy, post: 1039322, member: 19065"]Nothing wrong with investing in junk silver, coins or scrap metals. There certain is 'junk gold', probably more often thought of as 'scrap gold' in old jewelry or e-scrap from devices and computers reclaimed usually in recycling operations. Details mentioned above by Jim and Gary demonstrate the differences in junk so no need to go on about it. I was just stating earlier that this thread doesn't get too specific on types of coin silver apart from government issued bullion and generic bars/rounds but instead is a thread devoted to monitoring daily spot prices and in projecting guesses of where prices may be headed, what is driving the dips and spikes and what we are doing about it: buying, selling, holding...</p><p><br /></p><p>Breaking down junk silver to just US coins starts to get tricky in such a thread: 40% silver coins, 90% silver, slicks, good, AU or better,... and the bullion dealers like Apmex and Provident sell such silver sorted by 'grades' that approach numismatic categorization. It is that slippery area between bullion investing and applying numismatic terms and discussion regarding them by generalizing about 'junk silver' that draws the ire in posts from coin collectors unwilling to leave this to bullion topics devoid of numismatic discussion. I guess, I'm saying that things just get messy quick. I was trying to point out that the thread doesn't go there, so that we wouldn't <i>go there</i> and muck up the harmony of this thread or the bullion investing forum. There's nothing wrong with investing in junk silver, so long as you know how to liquidate it when you need to and understand the offers you may get for it. :smile[/QUOTE]</p><p><br /></p>
[QUOTE="krispy, post: 1039322, member: 19065"]Nothing wrong with investing in junk silver, coins or scrap metals. There certain is 'junk gold', probably more often thought of as 'scrap gold' in old jewelry or e-scrap from devices and computers reclaimed usually in recycling operations. Details mentioned above by Jim and Gary demonstrate the differences in junk so no need to go on about it. I was just stating earlier that this thread doesn't get too specific on types of coin silver apart from government issued bullion and generic bars/rounds but instead is a thread devoted to monitoring daily spot prices and in projecting guesses of where prices may be headed, what is driving the dips and spikes and what we are doing about it: buying, selling, holding... Breaking down junk silver to just US coins starts to get tricky in such a thread: 40% silver coins, 90% silver, slicks, good, AU or better,... and the bullion dealers like Apmex and Provident sell such silver sorted by 'grades' that approach numismatic categorization. It is that slippery area between bullion investing and applying numismatic terms and discussion regarding them by generalizing about 'junk silver' that draws the ire in posts from coin collectors unwilling to leave this to bullion topics devoid of numismatic discussion. I guess, I'm saying that things just get messy quick. I was trying to point out that the thread doesn't go there, so that we wouldn't [I]go there[/I] and muck up the harmony of this thread or the bullion investing forum. There's nothing wrong with investing in junk silver, so long as you know how to liquidate it when you need to and understand the offers you may get for it. :smile[/QUOTE]
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