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<p>[QUOTE=&quot;umtrr-author, post: 208837, member: 5719&quot;]That&#039;s a point I&#039;ve discussed with my dad quite a bit.&nbsp; I think a key question (if you&#039;ll pardon the expression) is, how many common silver coins are really left?&nbsp;&nbsp; I remember silver coming out of the woodwork when the Hunts tried to corner the market and it shot to $50 an ounce.&nbsp; Can you imagine people who didn&#039;t know what they had gotten from Grandpa, Uncle Joe, Aunt Sarah, et al turning it in for bullion price? </p><p><br /></p><p>In terms of making money on the upside, though, unless you&#039;re really in for a lot and buying at close to the &quot;true&quot; spot prices, you need quite the upside to clear a profit.&nbsp; </p><p><br /></p><p>For example: I was really proud of Thalia Elizabeth when she saved up enough gift and allowance money to buy herself a gold coin. (It took almost a year!)&nbsp; Between the markup over the gold content and the sales tax (yes, we live in one of &quot;those&quot; states), the price of gold will have to go to something like $1000 an ounce before she could sell it (at a discount to that price) and take any kind of profit on it.&nbsp;&nbsp; Of course, it&#039;s not going anywhere anytime soon-- the coin has her favorite monarch on it, naturally!-- but you get the idea.&nbsp; The markup on small denomination bullion coins makes it really tough.&nbsp; </p><p><br /></p><p>And if gold goes to $1000 an ounce, I shudder to think of why that might be... </p><p><br /></p><p>Thanks for the kind words on my previous post, all.[/QUOTE]</p><p><br /></p>

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