Discussion in 'Bullion Investing' started by RaceBannon, Apr 9, 2011.
Has anyone done a welfare check on this member?? Those prices though!
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Here’s my oldest round I personally bought...a 1989 World Series 1 oz round featuring the world champion Oakland A’s.
Side note..they played the San Francisco Giants in the battle of the bay that year and this was the famous “Earthquake” series. I was a diehard Giants fan back then and remember the earthquake while watching the game in the Bay Area. I lived down the road in San Jose and it was the scariest thing I ever felt. Was a crazy time....
I was watching the earthquake game too. That was some scary stuff.
Oh yeah, nice token
My favorite design in gold and silver! Love the 5 oz size.
I was thinking of getting that Memento Mori round. The history of the expression is interesting.
Thanks, yes, I like the Memento Mori, but honestly, I wish it were antiqued to make the reverse stand out a little better. There is so much detail it's hard to see it all when it is so shiny.
My understanding is that Antiquing is labor intensive so the price goes up considerably. You can leave it in an air-conditioned room now that it's the summer - that will help tone it faster than usual (don't know why they tone faster in A/C but it did for me). Maybe toning would help the detail stand out. Maybe not.
Now if my condo only had air conditioning, I'd be all set to give it a try. Where I live, it doesn't get too hot normally, so most of the housing does not have A/C.
Maybe I can put it in the car & drive around with the A/C on...?
But if not, it's still a keeper, that's for sure!
That's exactly backward from what I would expect. I wonder if you've got something growing on your A/C evaporator?
Toning is a chemical reaction, and like most chemical reactions, it goes faster at a higher temperature. I also have the impression that it goes faster in higher humidity. A/C is supposed to knock both of those back, so I can't explain what you've seen.
I just assumed it was the A/C but maybe in fact it was the humid summer months and all the humidity during the time that the A/C was off! Hmmm, I should have known what happens when I assume!
Sorry Tracy, I take back my bad idea!
Have not been buying much lately but picked this up and it is one of my favorite silver rounds. The height of the relief is really something!
Today's find at the LCS. Just over 5oz between the two flags.
And these were waiting for me in the mailbox when I got home.
Please, please, please stop buying silver like this. You are killing yourself. You are bleeding money when you buy those things. I presume you bought the 5 ounces of Sterling at spot from your local shop? Ok, if you turn around to sell it back he will offer you 80% of spot for you. So you just paid a 20% premium.
Those random rounds, I sure hope you didn't pay any premium on them at all. Those will be sold to a dealer at 5-10% under spot.
Please please please don't throw shade onto other people's joy and pleasure.
This thread is for showing off the silver rounds, coins and bars we take pleasure in obtaining and owning. Coming in here to tell people not to buy something they enjoy seems pointless at best and cruel at worst.
Do you stand outside clothing shops telling people that they paid a 50% premium on their buys because the stores will not buy back their clothing at cost and they can only get 50% at most if they try to sell their clothing on the secondary market? Ditto that question for ANY other purchases made in our consumer driven economy?
We buy silver bullion and post it here because we ENJOY it.
Most people are not spending whatever relatively small amounts of money they spend on silver as a retirement investment vehicle or annuity of some sort. This is a hobby, hence our posting pictures of our finds and acquisitions.
Sure, there is value in the silver and if it goes up in value, great, but if not, we still have something beautiful that we enjoy.
Anyone searching for investment advice will not be looking for it on this thread and the rest of us are just enjoying the view. So, please, don't ruin it.
I appreciate your concern, but no worries, here, I'm not buying any of this to flip.
I'll be holding this for 10-15 years, minimum. I'm in this for the long haul, playing the angle that spot pricing will be higher at that time. If I make money then, great. If I can break even in the future, that's fine. If I lose a little, that's OK, too, it's not going to break the bank.
Precious metals are a very, very small percentage of my overall portfolio. I buy them because I like them, not because I think I'm going to make a bunch of money on them.
The forum is called bullion investing. The vast majority of people who buy clothing do so for the utility of it. There are hardly clothing investors, besides weirdos with shoe collections, and such. Whereas 99.9+% of people who buy clothes do so for use, the vast majority of people who buy bullion to do so to invest, in some form or another even if they don't realize they are. Whether it is to flip tomorrow, hedge your normal investments, or stash away for 25 years, it is an investment--don't fool yourself. And when you pay 20% more for something than the current market buy back, you've made an unwise financial decision. Whether you realize it or not, they are ALL financial decisions when it comes to precious metals.
That's a rather condescending statement. We'll just have to agree to disagree.
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