Post your silver bullion!!!

Discussion in 'Bullion Investing' started by RaceBannon, Apr 9, 2011.

  1. -jeffB

    -jeffB Greshams LEO Supporter

    If that made the box a little heavier, I hope the bank has a forklift... ;)
     
    Johndoe2000$ likes this.
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  3. Chiefbullsit

    Chiefbullsit CRAZY HORSE

    Just picked this up. Love the reverse design. Sold out with a mintage of 1,750.

    s-l1600-horz.jpg
     
  4. ilLOminatus

    ilLOminatus Member

    the silver stays at 1 troy oz, the colored versions are for collectability so Perth Mint can sell more coins
     
  5. Johndoe2000$

    Johndoe2000$ RE-MEMBER

    Marty Feldman, actor/comedian mostly known for older Mel Brooks movies, Young Frankenstein etc...
     
  6. IMG_7147.PNG
    Then he started a Chevy dealership in the Detroit area:

    Ok, probably not the same guy, but it was the 1st thing I thought of...
     
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  7. USS656

    USS656 Here to Learn Supporter

    Last 4 of the year - arrived today :)

    [​IMG]

    [​IMG]
     
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  8. FryDaddyJr

    FryDaddyJr Junior Member

    you aren't buying that as bullion.
     
  9. USS656

    USS656 Here to Learn Supporter

    How many silver rounds and ingots were bought over the years as collectibles only to turn out to be worth the bullion they are made of? Why should any of these be any different? I have the benefit of the market being in a place that helps the value be at a place where I can imagine someday making money. I am not in it for the fast turn, I just like them and accept the potential down side. Doesn't change the facts, still bullion, just better than plain bars! Most of the posts in this thread are no different.
     
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  10. FryDaddyJr

    FryDaddyJr Junior Member

    I used to buy nice silver coins, but decided just to go for bars, since I was supposed to be in it for the bullion. It would be a shame to melt down a Panda for example.
     
  11. USS656

    USS656 Here to Learn Supporter

    I agree if you are buying just for the investment, the bars are the way to go. That said, this thread is about posting your favorite silver pieces. It's an interesting place to share what we like.

    Going back to my original reply to your statement, if silver went way up (say over $50) would these rounds have much value over the bullion content? You can sell some of these for a premium now but would they hold that premium with a significant increase in the cost of silver? Twenty years from now if Silver is still at $16, will these have much or any premium over the price of bullion? My guess is the answer is "no" to all three questions. So why buy them? I like them and am willing to concede some margin when they are sold in the hopefully distant future. I accept it for what it is and for the enjoyment of the art. If silver was sitting at $50, I would never buy them for the premium it would require. Silver is low enough to make the cost difference acceptable.
     
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  12. -jeffB

    -jeffB Greshams LEO Supporter

    I played that strategy in reverse, just a bit -- when silver was high in 2011 and 2012, I was looking for stuff whose numismatic or collectible value had been swamped by its bullion value, "just in case" silver dropped. I still took a bath, but at least it was tepid in spots rather than ice-cold.

    Looks like I get one last round of bullion with today's mail. I'll see if I can get some photos later.
     
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  13. FryDaddyJr

    FryDaddyJr Junior Member

    seems like there will always be a premium on nice looking or scarce rounds. Everytime more of it gets melted, the rest gets more valuable. Even some of the old bars have a big markup.
     
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  14. USS656

    USS656 Here to Learn Supporter

    I always have some form of silver sitting on my desk at home. How can you not enjoy looking at a nice piece of silver?
     
  15. FryDaddyJr

    FryDaddyJr Junior Member


    nothing, I like looking at huge gold bars too
     
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  16. Clawcoins

    Clawcoins Well-Known Member

    The value of a round is dependent on several factors
    1 - the spot price of silver
    2 - any collector value at one particular time
    3 - the market it is sold in (take it to a pawn shop, vs online auction vs private auction, vs other areas)
    4 - the economy which may affects the supply/demand extremes which can affect buying/selling prices.
    5 - entertainment (ie, one's own valuation on having, looking, etc any piece)

    I just read a thread here about the 2000 Silver Proof quarters of which I realized I have 2 sets plus 1999 and others. I'm a bit late on flipping them though so prices can vary greatly ==> https://www.cointalk.com/threads/1999-silver-proof-set-spiking-and-tanking.288278/#post-2599467

    So one can either NOT buy anything because, well who knows, spot prices can keep falling thus to preserve cash one should not buy anything what-so-ever,
    or if there is any form of "spot price may go up", or "collector value" and "now" value then one could or should buy.

    The key is to any collector is not to be in a rush and do not overpay to one's own definition.
     
  17. FryDaddyJr

    FryDaddyJr Junior Member

    diversify. buy ugly silver as well as pretty silver. One rule I have i will never buy anything painted.
     
  18. Comixbooks

    Comixbooks Active Member

  19. Lylelovett666

    Lylelovett666 Member

    Great thread. I think the Britannias are by far the best looking. The mirror finish & detail is outstanding.
     
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  20. Lylelovett666

    Lylelovett666 Member

    [​IMG]
     
    Last edited: Jan 5, 2017
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  21. Lylelovett666

    Lylelovett666 Member

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