Discussion in 'Bullion Investing' started by Derek2200, May 9, 2020.
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actually there's a lot of truth there
The truth is not being cold. It's just the truth. I started with wheat pennies. That doesn't make them an investment. They are pretty much worthless unless in MS. Even that 1909 vdb is under $10 in typical grade. There are just too many Wheaties to be worth anything. Just like silver. There is nothing at all rare about silver. I still routinely find it in circulation. That's how rare it is. They just mined another 15,000 ounces while I typed that. And that's actually true.
The dealers are already asking $30 from the silvidiots.
The dealers are offering at most $19 to the silvidiots.
For me, I buy silver cause I like the coins, the precious metal content is of course a plus but I look at the coins as a love, not a investment for the most part. When I order silver coins, half is stacking but I try to obtain dates I do not have, the other half is collectablitily as I love the designs of some of the lower minted coins. Does price matter to me, yes, of course. If a $1000 Honda civic is currently selling at $4000, I will not buy. Thats kinda a bad analogy but you get the idea. But at the end at the day, it comes down to price, coin collectablitily, and current needs for my situation. I am holding off buying silver as the over spot price seems over inflated for the few coins I want, so I'll wait. If miss out, o well, I have a decent stack now which provides a smile on my face as mine is collectable to me. Do what makes you happy I always say and who cares what other people think
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