Post your silver bullion!!!

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

  1. CJinAustin

    CJinAustin Member

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  3. spirityoda

    spirityoda Coin Junky

    thank you.
     
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  4. txguy

    txguy Active Member

    got my 1st '98. Another coming in the mail, was on a buying frenzy.
    98.jpg
     
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  5. Ethan

    Ethan Collector of Kennedy's

    NICE!
     
  6. DoctorMetal

    DoctorMetal New Member

    Been working backwards toward the full set of Tiffany Art coins. Here are the most recent acquisitions:
    mannerism1.jpg
    rococo1.jpg
     
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  7. PeacePeople

    PeacePeople Wall St and stocks, where it's at

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  8. SilverSurfer415

    SilverSurfer415 Well-Known Member

    Bought 1 roll of Mercury dimes and an empty Monster box to hold all my 90% Silver

    [​IMG]
     
  9. tulipone

    tulipone Well-Known Member

    Lovely coin. Great detail in the photo. Envious!
     
  10. txguy

    txguy Active Member

    My second 98 just came in. A bit dirty but can't pass up the mintage. image.jpg
     
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  11. tulipone

    tulipone Well-Known Member

    Dirty or not, I'd be really interested to see how you are taking pictures of these as you are getting great depth and shadows. Care to post a wider shot?
     
  12. txguy

    txguy Active Member

    I actually take my photos on my iPad mini. I angle slightly and tap the screen to autofocus while I snap the shot. All pictures are intially wide shots that I crop and center. And finish by using the rotating feature til it seems to sit right.
     
  13. tulipone

    tulipone Well-Known Member

    Thanks - I seem to put in more effort for far worse results! Libertads are nice coins though.
     
  14. fada

    fada New Member

    Hey guys! I just found this site! Been wandering around it and am impressed by this thread, some brilliant pieces here!
    I purchased two tubes of 1 ounce 2014 maple leaves in hong kong last week for 7350 hk dollars, can any one tell me if i got ripped off or what?
    I want to start building up a collection, should i get gold aswell?
    I am really only interested in having somewhere to put my money for the moment, if that price turns out to be decent then i will prob get two tubes a month.
     
  15. spirityoda

    spirityoda Coin Junky

    what is the conversion rate from Hong Kong dollars and US dollars ?
     
    Last edited: Nov 19, 2014
  16. Blaubart

    Blaubart Melt Value = 4.50

    It depends. I think the Canadian Silver Maples come in tubes of 25, is that what you got?

    Spot price for 40 ounces of silver should be about 5056.4 HKD.
    Spot price for 50 ounces of silver should be about 6320.5 HKD.

    A 10% premium on 50 ounces would bring the price to about 6952 HKD.
    A 20% premium on 50 ounces would bring the price to about 7584 HKD.

    I'm not sure what the typical premiums are in Hong Kong on Canadian silver, but assuming you purchased 50 ounces, I don't think 7350 HKD is a rip off.

    Source for spot price of silver in HKD:

    http://www.bullion-rates.com/silver/HKD/spot-price.htm
     
  17. fada

    fada New Member

    Thanks for the reply.
    Yes, it's two tubes of 25, so close to 20% is standard?
    It's just that from reading replies in this thread I got the impression that 3-5% is standard over spot for most silver, clearly I'm not paying attention or am missing something!
     
  18. spirityoda

    spirityoda Coin Junky

    there's always premiums on government silver $3-5 dollars more of which I think sucks because when you go to sell it you never get that premium back but it is much easier to sell than generic silver rounds.
     
  19. tulipone

    tulipone Well-Known Member

    I know some of the guys here like to stack silver for future - I'm less convinced that modern bullion coins are a great investment. As pointed out above, you pay a premium above spot for silver that you are never guaranteed to get back. Some coins may increase in value as they had limited runs but that premium will only be realised with niche buyers, not melters. Maples are produced to sell mass numbers and at the cheaper end of bullion coins.

    I like to collect modern bullion more as I like them, like looking at them, like photographing them, like collecting them and at the very least they will keep almost a spot precious metals price at the minimum. If I collected teapots or beer cans that future value is less certain. Each to their own though.
     
  20. Ethan

    Ethan Collector of Kennedy's

    Agreed but which would you rather have 200 Maples or 200 of a variety that you can look at etc? I like variety.
     
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  21. tulipone

    tulipone Well-Known Member

    Oh the whole point of my post was to mention variety over bulk. I also cherry pick the coins I want and not interested in duplicates. You made the point whereas I didn't
     
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