What are Realistic Silver and Gold Prices?

Discussion in 'Bullion Investing' started by Matthew Kruse, Jun 2, 2021.

  1. Kentucky

    Kentucky Supporter! Supporter

    ...my uncle had one. Kept him out of the army.
     
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  3. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    I know allot of of us have sub $12 Silver so
    my advice just hold on to it :)
     
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  4. Kentucky

    Kentucky Supporter! Supporter

    Did silver notgeld coins really exist?
     
  5. rte

    rte Well-Known Member

    So your the one that's hacking into people's smart TV's :p.

    All joking aside.
    Realistic numbers for silver can be obtained by the price of recent sold listing.
    Take this one for example...
    I couldn't buy it at $75& shipping.
    Screenshot_20210606-143714_eBay.jpg
     
    Last edited: Jun 6, 2021
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  6. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Yeah that’s a bit to much always best to
    find something with free shipping if at all possible
     
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  7. -jeffB

    -jeffB Greshams LEO Supporter

    Only in very small part, if that. When silver went from $12 to $28 last year, the prices of everything else didn't double. When it went from over $40 to under $20 in the last decade, very few other things dropped to half price.
     
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  8. 1865King

    1865King Well-Known Member

    Sadly, someone may fall for that price. $75.00 plus shipping for a one once bar. NO thanks. That's a looser.
    Personally, I'm not interested in silver bars. I'd rather buy 90 percent junk silver coins. Where I live there is almost no market for silver bars. Dealers don't trust them because they are easy to fake. I had a friend ask me to check out some silver bars his sister had. Out of the 8 bars 3 were fake. If the idea for having silver for use for barter if there was a economic collapse I would rather have 90 percent junk silver coins or one once silver coins like the eagle or maple leaf. Most people will at least have an idea what you have.
     
  9. rte

    rte Well-Known Member

    Your more of a silver stacker then a collector, BUT Let me educate you some.

    Silver art bars are pretty collectable.
    Collectable = a premium same as a coin.
    Consider most art bars are minted in quantities of less then 5000.
    (compare that to coins)
    Minted in the millions...

    The Washington one I listed was a special edition bar limited edition of 100.
    (Serial numbered bar)
    That silver art bar falls into the $100 bar category for a collector who desires it.
    Now the money to be had in this type of art bar is buy low sell higher to a collector.
    It's sort of like buying a small piece of artwork.
     
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  10. 1865King

    1865King Well-Known Member

    I'm not really a stacker but I guess in a way your right. I do agree that some are very artistic and actually I like some of the designs I've seen over the years. However, in the part of the country that I live in there isn't a market for them. However, in your defense I collect metals like the ones made by Dan Carr. Technically, I think his work would fall into what would be considered art. They're not coins. So in a way they would be similar to the bars you collect. So I stand corrected and have to totally agree with you as to why they are collectable. The metal below was made by Dan Carr. It was struck on a Morgan dollar. I look at this as art. Similar to the bars you collect. 1805 Bust Dollar by Dan Carr.jpg
     
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  11. rte

    rte Well-Known Member

    Very nice, I have a number of his pieces.
    The 1964 Morgan's and Piece dollars were really well done as with most all of Dan's stuff.

    in the part of the country that you live in there isn't a market for them.
    That may be an EXCELLENT buying opportunity for you to cash in...
     
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  12. 1865King

    1865King Well-Known Member

    I have a number of his coins/metals by Dan. Some people don't like what he does but, he's not doing anything different than the people that make the silver bars. He's not trying to deceive anyone either. I'm attacking a picture of his 1918 Peace dollar. You will never find a Peace dollar that looks this nice unless you are willing to pay a fortune. Possibly the US mint will produce one later this year but I have my doubts. This is a true high relief dollar. Looks even better in hand. 1918 PEACE Dollar.jpg
     
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  13. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Super nice, thanks for sharing :)
     
  14. Scott J

    Scott J Well-Known Member

    Buy PSLV No premium, easily liquid
     
  15. -jeffB

    -jeffB Greshams LEO Supporter

    Well, we might not make it all the way to those numbers, but it won't be for lack of effort:

    upload_2021-6-17_8-59-14.png

    Sigh.
     
  16. rte

    rte Well-Known Member

    Where is the emoticon with the hands up ...looking like the first thrill drop on a roller coaster ride.
    If it goes low enough, I may have to convert some paper.
    The cool stuff is getting harder to find.
     
  17. -jeffB

    -jeffB Greshams LEO Supporter

    See, that's the saddest part. Even after this drop, the folks selling at the show will be asking pre-"dip" prices. But you'd better believe they'll be buying based on the lowest the spot price has gone.
     
  18. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Hard to go on those numbers especially whith
    the pandemic, just nothing to compare it to.
     
  19. Gam3rBlake

    Gam3rBlake Supporter! Supporter

    It depends on how long you’re looking into the future.

    Back in the 1920s when silver was less than $1 an oz and gold was $20.67 an ounce they would’ve said $5 silver and $100 gold was a stretch of the imagination.

    But eventually it happened due to inflation and the decreasing value of the dollar over time.

    If you’re talking about the next year or two I think silver could hit $35 and gold might hit and stick above the $2K mark.

    If you’re talking about 30 years from now when I retire I think $50/oz silver and $2,500/oz gold is definitely possible.

    Personally I invest in stocks if I want to make a profit. I invest in precious metals just to maintain the value of some of my money so that if something goes very wrong with stocks and the economy I’ll still have something left to help me get by.

    I kind of think of precious metals as a form of personal economic insurance. Like house insurance. No one wants their house to burn down but it helps them sleep at night to know if it happens they’ll be okay.
     
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  20. GoldFinger1969

    GoldFinger1969 Well-Known Member

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  21. Matthew Kruse

    Matthew Kruse Young Numismatist

    Wow, and silver is down too. It’s at 25.86 as I am typing this.
     
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