Silver Is On A Tear Today

Actually, this was warned about in the brokerage agreement documents. So I don't think it is "changing the rules in the middle of the game" -- though what happened to the Hunt's is alot closer to doing that.

And the Fed itslef can raise margin requirements if it wants.

 

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What I see is maples about a buck and a half less than a ase and A panda that you usually pay a higher premium on is even less than those to. But also this is todays market where most will not buy back even close to spot. I do not use ebay I dont want the hassle of someone wanting a return for no other reason but second thought. Or the fee's

 

Tin is less dense than silver, so an ATE the same size as an ASE would weigh (tappity tap tap) 22g, and have about 92 cents worth of tin at today's prices. Hmm. Start striking them in tin and issue them as currency, and get 8 cents seigniorage on each? I'm sure everyone would be eager to make room in their cash registers, their pockets, their vending-machine slots...

 

I tend to shy away from eBay from all the fakes, so I normally buy only from places like ProvidentMetals, APMEX, Liberty Coins, etc.
I do like the newer larger Canadian coin pucks

 

Plus if I sold you something from my collection I have all my receipts from provident from buying the item. Even though I would probably Black out the Cost LOL

 

I don't know , I talked it over with the wife last night and we are ready to let go of somethings . For me I look at 67 68 kenedy's that to me look like they just came from the mint and know they will just be thrown in a giant Kiln! Same with my I have a very nice Canadian Charlottetown Dollar1864-1964 and I bet a collector may want But it will probably go for melt. I guess it is hard to sell pieces that you meticulously collected even though you are tripling your price.

 

Yeah, but it can sure kill a rally and create a domino effect of selling, just like 2011.

 

I collected 40% for years; back in the 70s lots of half dollars still circulated and I'd pick out the 40% and 90% and stack it.

Last year I decided it was time to let it go. One LCS offered $2.50 each, another was at $4, and traded me a pretty nice liberty half eagle for 100 face value of the 40% Kennedys.

They don't seem to be very popular anymore, but I always enjoyed pulling them out of circulation or finding them coin roll hunting with my daughters!

I did set aside the ones my girls found, those will be with me as long as I'm around!