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<p>[QUOTE="skrilla, post: 59416, member: 3404"]im still new to this stuff so correct me if i make an ass of myself <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie7" alt=":p" unselectable="on" unselectable="on" /> </p><p><br /></p><p>silver isnt a bad choice, esp if you can find junk silver (beat up old coins) for spot value or very close to it. silver is affordable so it can be bought any time you get a little extra money lying around and you can play with it for that good 'ol scrooge feeling from the Christmas Carol lol.</p><p><br /></p><p>silver peaked this year at around 7.55/oz about a month ago and is down to 7.01/oz atm. try to find it as close to spot as possible IE flea markets, antique stores, or jewelry shops and you may make a killing. i remember reading that the US mints used to melt silver for people ( trade dollars) in the 1870's i dont know if they are still willing to do it free ,for a price, or at all. </p><p><br /></p><p>i believe that the standard for silver is in pure bars so if you can do your homework and find it cheap, AND get someone to melt it you may be able to make it a good investment choice.</p><p><br /></p><p>remember buy low, sell high. and TRY HARD not to pay those spot +markup prices or at least lower them as much as possible</p><p><br /></p><p>spot prices</p><p><a href="http://www.kitco.com/connecting.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.kitco.com/connecting.html" rel="nofollow">http://www.kitco.com/connecting.html</a></p><p><br /></p><p><br /></p><p>i found a few silver halves at antique stores for 2.00 each , at 7.00/oz silver goes to about 5X face value so i made 50c each. dont forget tax or s&h though.</p><p><br /></p><p>if you must do coins, like they said before, get PROFFESSIONALLY graded high grade key dates or even current MS70 coins. i was watching a live auction on ebay last night and a 2005 MS70 penny went for about $500 (theres a 20% auction fee added to that <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie9" alt=":eek:" unselectable="on" unselectable="on" /> ) so if you find them cheap then buy and hold onto them. when investing patience is always the key.[/QUOTE]</p><p><br /></p>
[QUOTE="skrilla, post: 59416, member: 3404"]im still new to this stuff so correct me if i make an ass of myself :p silver isnt a bad choice, esp if you can find junk silver (beat up old coins) for spot value or very close to it. silver is affordable so it can be bought any time you get a little extra money lying around and you can play with it for that good 'ol scrooge feeling from the Christmas Carol lol. silver peaked this year at around 7.55/oz about a month ago and is down to 7.01/oz atm. try to find it as close to spot as possible IE flea markets, antique stores, or jewelry shops and you may make a killing. i remember reading that the US mints used to melt silver for people ( trade dollars) in the 1870's i dont know if they are still willing to do it free ,for a price, or at all. i believe that the standard for silver is in pure bars so if you can do your homework and find it cheap, AND get someone to melt it you may be able to make it a good investment choice. remember buy low, sell high. and TRY HARD not to pay those spot +markup prices or at least lower them as much as possible spot prices [url]http://www.kitco.com/connecting.html[/url] i found a few silver halves at antique stores for 2.00 each , at 7.00/oz silver goes to about 5X face value so i made 50c each. dont forget tax or s&h though. if you must do coins, like they said before, get PROFFESSIONALLY graded high grade key dates or even current MS70 coins. i was watching a live auction on ebay last night and a 2005 MS70 penny went for about $500 (theres a 20% auction fee added to that :eek: ) so if you find them cheap then buy and hold onto them. when investing patience is always the key.[/QUOTE]
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