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<p>[QUOTE="Kanderus, post: 1235014, member: 28447"]Greetings! I have a small silver hoard (mostly U.S. coins, most 90%, some 40%.) that I recently decided to figure out it's actual pure silver weight (using my 2011 Red Book). It came to 5.10567 troy ounces. That is 90% Dollars, Halves, Quarters, Dimes and 40% Halves and 1 40% quarter (the 1976-S bicentenial.) I did not factor in my war nickels (of which I have 3) or my Canadian 80% silver...mostly because I don't know if someone would take the silver value of the nickels into consideration for trade and because no matter how much I google search Canadian coins, I cannot find the pure silver weight of Canadian coins anywhere. </p><p><br /></p><p>Anyways, I was looking at the US Mint's website and they list a 1/10 troy ounce cold piece for $210. Well, that is one **** of a premium, considering that 1/10 of the spot price is $160.25. Also, they only offer the 1/10 ozt in a proof format..which jacks the price up even more. I figure my silver I have (that I can actually gauge correctly.) is worth $204.23. So, here are my questions:</p><p><br /></p><p>1) Do you folks think this is a wise decision? The way I see it I would not be loosing any money or value (if I can avoid the absurd premium.) and I would be shrinking the size of my hoard, giving me room for more. Alas, I am no expert.</p><p><br /></p><p>2) Is there any way that I can get my hands on a decent gold piece for around spot price that I can trade my silver for? Maybe an older mintage? An old 1/4 eagle maybe? I am really unsure of what to do or to expect. I just know that there is no way that I can trade over $204 in silver for $160 in gold, but pay $210 for said gold.</p><p><br /></p><p>3) Should I add my war nickels into what my current silver holdings are? I know that they are tougher to refine, but they are silver none the less.</p><p><br /></p><p>4) Can anyone direct me to a site or something that can show my the actual pure silver weight of my 80% silver Canadian coins? I also have 1 50%er. These really should be added into the final tally, but since I cannot find ANY resource I cannot add them in. </p><p><br /></p><p>5) This may be a really dumb question, but what is the size of a 1/10 ounce gold eagle? Roughly the size of a dime maybe? </p><p><br /></p><p>Thank you for any and all insight and opinions. I value them greatly.[/QUOTE]</p><p><br /></p>
[QUOTE="Kanderus, post: 1235014, member: 28447"]Greetings! I have a small silver hoard (mostly U.S. coins, most 90%, some 40%.) that I recently decided to figure out it's actual pure silver weight (using my 2011 Red Book). It came to 5.10567 troy ounces. That is 90% Dollars, Halves, Quarters, Dimes and 40% Halves and 1 40% quarter (the 1976-S bicentenial.) I did not factor in my war nickels (of which I have 3) or my Canadian 80% silver...mostly because I don't know if someone would take the silver value of the nickels into consideration for trade and because no matter how much I google search Canadian coins, I cannot find the pure silver weight of Canadian coins anywhere. Anyways, I was looking at the US Mint's website and they list a 1/10 troy ounce cold piece for $210. Well, that is one **** of a premium, considering that 1/10 of the spot price is $160.25. Also, they only offer the 1/10 ozt in a proof format..which jacks the price up even more. I figure my silver I have (that I can actually gauge correctly.) is worth $204.23. So, here are my questions: 1) Do you folks think this is a wise decision? The way I see it I would not be loosing any money or value (if I can avoid the absurd premium.) and I would be shrinking the size of my hoard, giving me room for more. Alas, I am no expert. 2) Is there any way that I can get my hands on a decent gold piece for around spot price that I can trade my silver for? Maybe an older mintage? An old 1/4 eagle maybe? I am really unsure of what to do or to expect. I just know that there is no way that I can trade over $204 in silver for $160 in gold, but pay $210 for said gold. 3) Should I add my war nickels into what my current silver holdings are? I know that they are tougher to refine, but they are silver none the less. 4) Can anyone direct me to a site or something that can show my the actual pure silver weight of my 80% silver Canadian coins? I also have 1 50%er. These really should be added into the final tally, but since I cannot find ANY resource I cannot add them in. 5) This may be a really dumb question, but what is the size of a 1/10 ounce gold eagle? Roughly the size of a dime maybe? Thank you for any and all insight and opinions. I value them greatly.[/QUOTE]
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Thinking of trading silver for gold, need advice.
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