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Should I convert my junk silver into ASE or other bullion?
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<p>[QUOTE="Rono, post: 1646886, member: 6492"]Howdy,</p><p><br /></p><p>Get yourself some acetone and rinse them all and re-roll them. Dont' scrub them or anything - just rinse and let dry and re-roll in new paper. I agree with the others to dump the 40% and keep the 90% and just start buying ASEs. None of this stuff is in such quantity as to require serious space for storage. You can put the 90% stuff in plastic tubes and the same of dollars or eagles going forward. A few tubes shouldn't require that much space. </p><p><br /></p><p>Premiums? As mentioned, you'll get around spot for what you sell and buy at spot + premium and for ASE's you're probably looking at 10%. feh. Consider yourself lucky that the vigorish isn't more. </p><p><br /></p><p>As for storage, a tube of 20 ASE's is worth about $650-700 right now and stands about 3" tall and is the size of a square silver dollar. If you want to get cute, you could buy a 100 oz. ingot (brand name like Engelhard or JohnsonMatthey), paint it black and use it as a door stop. Now a tube of AGE's is the size of a quarter and only 2" tall and could easily be hidden in the oatmeal box. It's worth ~$35K or so. </p><p><br /></p><p>good luck,</p><p><br /></p><p>peace,</p><p><br /></p><p>rono[/QUOTE]</p><p><br /></p>
[QUOTE="Rono, post: 1646886, member: 6492"]Howdy, Get yourself some acetone and rinse them all and re-roll them. Dont' scrub them or anything - just rinse and let dry and re-roll in new paper. I agree with the others to dump the 40% and keep the 90% and just start buying ASEs. None of this stuff is in such quantity as to require serious space for storage. You can put the 90% stuff in plastic tubes and the same of dollars or eagles going forward. A few tubes shouldn't require that much space. Premiums? As mentioned, you'll get around spot for what you sell and buy at spot + premium and for ASE's you're probably looking at 10%. feh. Consider yourself lucky that the vigorish isn't more. As for storage, a tube of 20 ASE's is worth about $650-700 right now and stands about 3" tall and is the size of a square silver dollar. If you want to get cute, you could buy a 100 oz. ingot (brand name like Engelhard or JohnsonMatthey), paint it black and use it as a door stop. Now a tube of AGE's is the size of a quarter and only 2" tall and could easily be hidden in the oatmeal box. It's worth ~$35K or so. good luck, peace, rono[/QUOTE]
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Should I convert my junk silver into ASE or other bullion?
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