How much silver/gold do you have?

I love your mother's maiden name.

My mother's maiden name is Ruger, Smith and Wessen, and Savage Arms. Take your pick. LOL.

For real, my dog's name is Ruger. He use to weight more than me (before I gained 70 pounds). (yikes)

 

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Here is my rough estimate:

As an overview: (land & ponds 80% of assets) (10% metals) (10% collectibles/non coin - cars, equipment, art, guns, etc). --

Note: * indicates categories benefitting from rising spot prices in gold and silver.

From the metals:
1% copper scrap,
2% bulk Wheat ears & Memorials,
3% circulated nickels;
4% Misc unique?, foreign notes, harem gold, ancient, etc.
5% Misc US coin/medals,
5% silver bars and rounds; *
5% gold foreign sovereigns; *
10% pre-1933 gold USA-most slabbed; *
10% gold bullion (about 1/2 modern mint); *
15% Peace, ASE, Morgans; *
15% Junk silver;*
25% exomeria? (rare territorial tokens).

Well that is a rather rough estimate. I sort of estimated from a true tally I did 2 years ago. I mostly remember what I added the last 24 months, so I developed the percentages based on all that. The biggest change in percentages in the past year has been with nickels, misc, such as Presidential dollars. I have frequently got into my golden Presidential dollars for day to day expenses, and other impulses.

I am glad you asked the question. I wonder what others do also. I am more of a hoarder of coins, since I do not understand them well enough to be a true collector. The tokens might be the exception, I sort of thoughtfully collect the tokens. The rest are more of an appreciation for the art and and beauty for coins in general. Plus it sort of runs in our blood - both sides of my family. Our interest were never really about investment - more about collecting for the joy of it. With spot prices rising, and the economy looking so poor, the shift to investment from hobby is shifting.

I liquidated retirment funds, and sold my non-retirment qualified accounts of stocks and related securities for medical bills and such, Not my coins! I really miss my Exxon-Mobil and PG stock, but that is how it goes. The junk silver sounds pretty to sift my hands through. The paper can leave paper cuts at times, plus the cats do bad things to the paper at times. The cats can't get to the coins. The bank has a rule about animals.

P.S. I should have included Food storage in the asset breakdown, but forgot.

 

In 2001 my wife and I sold our house and bought 20 oz. gold and 100 oz silver with part of the proceeds. I've been collecting ever since but not as an investment but because I like the looks of the coins I buy. We still have the original purchase.

 

Sure, let me clarify.

TOTAL ASSETS
68% = SECURITIES
28% = HOUSE VALUE
4% = COINS/BULLION

Including only Non-Retirement savings/investments.
89% = SECURITIES
11% = COINS/BULLION

I'm not counting on anything I have in coins/bullion for my retirement.
Its strictly for my own personal interest. Maybe I'll pass it on to my kids, or maybe I'll sell it all and do something else with it. I have no idea but it is kind of cool to have a hobby/interest that might actually go UP in value over the years.

 

Lets see... back of the napkin says.
2001 price
20oz GLD @ $300/oz = $6000 100oz SLV @ $5/oz = $500 => investment of $6500
2011 price GLD @ $1450/oz = $29,000 100oz SLV @ $40/oz = $4,000 => investment of $33,000

So a gain of $26,500 over 10 years is a Annualized ROI of 40.7% :hail:
Excellent move on your part. So since its not an investment how about I give you $7,000 for the whole lot?

 

Until a week ago, we had over 1700 ounces of silver, but now that my partner got a job in New Zealand, we have to sell everything. New Zealand charges 15% tax for importation of silver, plus you have to have each coin assayed. So, we're selling it as fast as we can. (Would you like to buy some? - ask soon) Once we arrive in New Zealand, we'll be buying back some silver, though nowhere near what we have had, since we will be buying a home there and need our cash for that.