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<p>[QUOTE="Clawcoins, post: 3122417, member: 77814"]I collect designs.</p><p>There was only <u>ONE</u> Canadian design that I liked in the past. The Hologram</p><p>[ATTACH]794747[/ATTACH]</p><p><br /></p><p>Plus I really don't have much faith in any foreign PM coins</p><p>Sure you get can closer to 100% but you can buy them for less, and you can sell them for less ... There's always a Buyback price, a spot + premium price which all vary. You need to keep a spreadsheet over time to track the variances and track the economy in relation to that spread to know how they react over time. If you wander in previous pages you'll see some tracking of ASE prices in relation to spot. Sometimes when spot drops the actual purchase price doesn't .. premium just goes up.</p><p><br /></p><p>In content,</p><p>US Platinum Eagles are 99.95%</p><p>US Gold Eagles are 91.67% <a href="https://en.wikipedia.org/wiki/Gold" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Gold" rel="nofollow">Au</a> 3% <a href="https://en.wikipedia.org/wiki/Silver" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Silver" rel="nofollow">Ag</a> 5.33% <a href="https://en.wikipedia.org/wiki/Copper" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Copper" rel="nofollow">Cu</a></p><p>US Modern $5 Commems are 90%?</p><p>Gold Buffalo are .9999</p><p>and then there's pre-33s and various others</p><p>So you can pick your poison.</p><p><br /></p><p>so let's explore that economic crash scenario. When we lost power in the midwest blackout in 2003 (US and Canada) which lasted up to 2 weeks in some areas.</p><p><br /></p><p>So what was the "money" of choice?</p><p><br /></p><p>Cash. Right?</p><p><br /></p><p>stores are set up for cash + electronic. Not for anything barter? Their suppliers want cash as it is a form of transactions now for a very long time. NOT silver/gold. Don't even bring in Platinum as ppl are mostly unaware of platinum. Some may think your $100 coin is fake and totally refuse it. A bank may or may not take it for conversion to .. wait for it .. wait for it .. cash at face value.</p><p><br /></p><p>Think about bartering for a second. how much is a silver coin worth ?</p><p>okay, now that you have answered that question how do you know the answer?</p><p><br /></p><p>Because you track spot price right?</p><p><br /></p><p>okay, with electronic commerce and forex commerce blacked out .. where does spot lie now? Umm ... if one is not used to silver /gold money that value may drop down to face value. Spot becomes very localized without interstate and international trading markets (the very thing that killed PM based money). So how does that now affect your cash conversion into PMs for those emergencies when barter is required ?</p><p><br /></p><p>I kept cash for emergencies as that is the only true "money" once electronic communications is blacked out for any length of time. Other than that those 2 weeks with no power, gasoline became the leading commodity of choice other than food. I had bunches of that too, which actually came in very handy as ppl would pay quite a premium for it although I didn't gouge ppl. I gave some away for ppl that wanted to leave the area and couldn't get to a ATM becz they were all shut down. Matter of fact, they never paid me back now that I think of it. Oh well.</p><p><br /></p><p>Of course, without a failure like that we are limited to the 10k, etc valuations. Which we should a complete and utter failure of electronic markets I don't think we will ever see.</p><p><br /></p><p>But I don't really stack PMs although I have a bunch of ASEs. So I have a totally different aspect to collecting them.</p><p><br /></p><p>I like the design. I collect designs. PMs have nice designs as I primary collect coins with the Bald Eagle on them and there's many US coins with bald eagles. The Canadian snow hawks of one recent release I had no interest. All the privy marks, no interest in the design. If a Canadian coin had a bald eagle, I might get one.</p><p><br /></p><p>Now I do like the Canadian coins with sail boats on them too, but I have a few of those I got when I was a kid.[/QUOTE]</p><p><br /></p>
[QUOTE="Clawcoins, post: 3122417, member: 77814"]I collect designs. There was only [U]ONE[/U] Canadian design that I liked in the past. The Hologram [ATTACH]794747[/ATTACH] Plus I really don't have much faith in any foreign PM coins Sure you get can closer to 100% but you can buy them for less, and you can sell them for less ... There's always a Buyback price, a spot + premium price which all vary. You need to keep a spreadsheet over time to track the variances and track the economy in relation to that spread to know how they react over time. If you wander in previous pages you'll see some tracking of ASE prices in relation to spot. Sometimes when spot drops the actual purchase price doesn't .. premium just goes up. In content, US Platinum Eagles are 99.95% US Gold Eagles are 91.67% [URL='https://en.wikipedia.org/wiki/Gold']Au[/URL] 3% [URL='https://en.wikipedia.org/wiki/Silver']Ag[/URL] 5.33% [URL='https://en.wikipedia.org/wiki/Copper']Cu[/URL] US Modern $5 Commems are 90%? Gold Buffalo are .9999 and then there's pre-33s and various others So you can pick your poison. so let's explore that economic crash scenario. When we lost power in the midwest blackout in 2003 (US and Canada) which lasted up to 2 weeks in some areas. So what was the "money" of choice? Cash. Right? stores are set up for cash + electronic. Not for anything barter? Their suppliers want cash as it is a form of transactions now for a very long time. NOT silver/gold. Don't even bring in Platinum as ppl are mostly unaware of platinum. Some may think your $100 coin is fake and totally refuse it. A bank may or may not take it for conversion to .. wait for it .. wait for it .. cash at face value. Think about bartering for a second. how much is a silver coin worth ? okay, now that you have answered that question how do you know the answer? Because you track spot price right? okay, with electronic commerce and forex commerce blacked out .. where does spot lie now? Umm ... if one is not used to silver /gold money that value may drop down to face value. Spot becomes very localized without interstate and international trading markets (the very thing that killed PM based money). So how does that now affect your cash conversion into PMs for those emergencies when barter is required ? I kept cash for emergencies as that is the only true "money" once electronic communications is blacked out for any length of time. Other than that those 2 weeks with no power, gasoline became the leading commodity of choice other than food. I had bunches of that too, which actually came in very handy as ppl would pay quite a premium for it although I didn't gouge ppl. I gave some away for ppl that wanted to leave the area and couldn't get to a ATM becz they were all shut down. Matter of fact, they never paid me back now that I think of it. Oh well. Of course, without a failure like that we are limited to the 10k, etc valuations. Which we should a complete and utter failure of electronic markets I don't think we will ever see. But I don't really stack PMs although I have a bunch of ASEs. So I have a totally different aspect to collecting them. I like the design. I collect designs. PMs have nice designs as I primary collect coins with the Bald Eagle on them and there's many US coins with bald eagles. The Canadian snow hawks of one recent release I had no interest. All the privy marks, no interest in the design. If a Canadian coin had a bald eagle, I might get one. Now I do like the Canadian coins with sail boats on them too, but I have a few of those I got when I was a kid.[/QUOTE]
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