Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
What would the spot price of silver have to go to in order to profit from selling?
>
Reply to Thread
Message:
<p>[QUOTE="tommyc03, post: 3186114, member: 17665"]I did omit something that just came to mind. In 1980 when the Hunt Brothers tried to corner the silver market, the Wed. before the crash, my mother in law asked me a favor. She just wanted me to roll up her big jug of change, take it to the bank and give her back the face value. I did this and wrote her a check for around $500.00 and when I got home I decided to go through it all to see what I really had. In addition to filling many holes in my Mercury, Roosevelt and Washington quarter albums, I ended up with around $200.00 in 90% silver. On Thursday I took the rest to my local coin dealer and got around $50.00 an ounce. I did play the market just that one time and got lucky. Late that Friday, as I recall, the market collapsed. My dealer went belly up over the weekend and folded the next week. I bought her a very nice Christmas present. I miss that old time coin dealer though, he was a really nice guy, but he played the market and lost.[/QUOTE]</p><p><br /></p>
[QUOTE="tommyc03, post: 3186114, member: 17665"]I did omit something that just came to mind. In 1980 when the Hunt Brothers tried to corner the silver market, the Wed. before the crash, my mother in law asked me a favor. She just wanted me to roll up her big jug of change, take it to the bank and give her back the face value. I did this and wrote her a check for around $500.00 and when I got home I decided to go through it all to see what I really had. In addition to filling many holes in my Mercury, Roosevelt and Washington quarter albums, I ended up with around $200.00 in 90% silver. On Thursday I took the rest to my local coin dealer and got around $50.00 an ounce. I did play the market just that one time and got lucky. Late that Friday, as I recall, the market collapsed. My dealer went belly up over the weekend and folded the next week. I bought her a very nice Christmas present. I miss that old time coin dealer though, he was a really nice guy, but he played the market and lost.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
What would the spot price of silver have to go to in order to profit from selling?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...