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InvisibleCorporal Kielbasa


Registered: 05/29/04
Posts: 17,235
Re: Silver in 2014 [Re: nooneman]
    #19401296 - 01/10/14 09:35 PM (10 years, 20 days ago)

I can deal with that but it is pretty ugly.


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OfflineManianFHS
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Re: Silver in 2014 [Re: Corporal Kielbasa]
    #19402055 - 01/11/14 01:32 AM (10 years, 20 days ago)

Corporal can you provide the link showing $31.00 maples? They should only be a few bucks above spot, around $22-23.


--------------------
notapillow said: "you are going about this endeavor all wrong. clear your mind of useless fear and concern. buy the ticket, take the ride, and all that.... "

ChrisWho said: "It's all about the journey, not the destination."


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InvisibleCorporal Kielbasa


Registered: 05/29/04
Posts: 17,235
Re: Silver in 2014 [Re: ManianFH]
    #19402229 - 01/11/14 03:27 AM (10 years, 20 days ago)

http://www.apmex.com/product/79544/2014-silver-maple-leaf-horse-privy-25-coin-mintdirect

785 for a roll of 25.

Thats what got me weirded out.

Is it the horse privy mark that makes it more valuable?


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InvisibleAsante
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Re: Silver in 2014 [Re: nooneman]
    #19402235 - 01/11/14 03:36 AM (10 years, 20 days ago)

I agree with the above, APMEX is a great place to start.  And the best silver to get is the silver that is cheapest per troy ounce of pure silver.  At Apmex the best buy is usually what they call "90% Junk Silver" which is old American money minted as 90% silver coins.

Here's a nice affordable product to start out in silver with: Roll of $10 face value in 90% silver coins which costs about 150 bucks and is just $1,99 per oz over spot. For Americans its easy to recognize as valuable and it comes in small units so it makes great barter goods. On the main page of 90% Junk Silver you see you can get many convenient sizes to "make change", from little rolls costing you $16 to big bags costing you $15k.

$10 face value in 90% silver US dollars is about 7.7 troy ounce silver, so about $20 per troy ounce.

By contrast Maples are about $25 a piece, so 20% more expensive, but they are 99,99% silver and a highly valued bullion coin.


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InvisibleCorporal Kielbasa


Registered: 05/29/04
Posts: 17,235
Re: Silver in 2014 [Re: Asante]
    #19402329 - 01/11/14 04:18 AM (10 years, 20 days ago)

:derfase: yeah thats what I'm thinking.  Ok now I see the rest of the maples at a decent price makes more sense now after some sleep...  Was also missing the purity difference last  night.

I love the clink of silver change.  Brings back memories of raiding my grandparents coin cup as a kid... 


Edited by Corporal Kielbasa (01/11/14 04:24 AM)


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InvisibleLunarEclipse
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Registered: 10/31/04
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Re: Silver in 2014 [Re: Corporal Kielbasa]
    #19402530 - 01/11/14 06:16 AM (10 years, 20 days ago)

Quote:

Corporal Kielbasa said:
Is the appreciation worth the extra upfront cost? A roll of 25 maples is 785 or 31.40 a coin. 
These bars link are 22.50 a 222 dollar difference.    How long will it take them to make up that initial extra investment?

I'm just trying to understand the coin guys.  I mean coins are awesome.  I get a 300 year old coin has historical value and certain coins would be exceedingly rarer and more valuable.  But a bag full of silver dimes and quarters is only a few over spot right?  Why would I pay and extra 9 an ounce and have to keep them all fine and clean and spend more time selling.

My bad if I sound noobish or oblivious.




If you want to collect silver coins, the best way is to buy them after first release.  It's always going to be hard to get back even a portion of the numismatic value, so to limit that is key.  The "privy" marks is just one more way the dealers can charge numismatic value.

As for junk silver, I think old american coins make sense.  This is something that probably could be used in time of real monetary shittiness.  A silver dime for example, this is something that is small enough to be used.  However, just imagine who will be buying your silver to give you food.  For example.

Bullion on the other hand, I think makes less sense.  Sure some bars are pretty much like coins, the Johnson Mathey for example.  But to get some oddball bullion may be problematic come time to sell to anyone other than a dealer.  And, who wants that 100 ounce bar if they are selling you something worth an ounce?  As a pure play, a trade to wait for silver to go up, the bullion likely makes the most sense.  Lower markups from spot, and dealers likely buying back at spot.


--------------------
Anxiety is what you make it.


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Offlinefreeofthought
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Re: Silver in 2014 [Re: Gorlax]
    #19403647 - 01/11/14 12:36 PM (10 years, 19 days ago)

Good prices on silver right now, Im buying.


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OfflineGorlax
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Re: Silver in 2014 [Re: freeofthought]
    #19404711 - 01/11/14 04:46 PM (10 years, 19 days ago)

just saw silver go up a lil today :0

What about these 2014 1 oz Silver Canadian Maple Leaf.




Edited by Gorlax (01/11/14 08:39 PM)


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InvisibleAsante
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Re: Silver in 2014 [Re: Gorlax]
    #19406945 - 01/12/14 05:14 AM (10 years, 19 days ago)

A maple is a maple is a maple, its not really numismatic. Just get the cheapest, misc year, damaged ones if they come at a lower price.

Its a BEAUTIFUL coin but the Canadians (bless em) churn em out in great numbers so it doesnt have much numismatic (coin) value, its merit is that its a world recognized, LBMA certified, exact ounce of 99.99% pure silver, ten times purer than the norm, suitable for making colloidal silver and in high demand with smelters to raise the purity of their melt, and backed by the canadian government with 5 canadian dollars per ounce which is the highest fiat backing of any silver bullion coin around.

See a silver maple as an exact ounce of very pure silver with a highly trustworthy stamp of authenticity.


--------------------
Omnicyclion.org
higher knowledge starts here


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InvisibleLunarEclipse
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Re: Silver in 2014 [Re: Asante]
    #19407047 - 01/12/14 06:10 AM (10 years, 19 days ago)

Quote:

Wiccan_Seeker said:
A maple is a maple is a maple, its not really numismatic. Just get the cheapest, misc year, damaged ones if they come at a lower price.

Its a BEAUTIFUL coin but the Canadians (bless em) churn em out in great numbers so it doesnt have much numismatic (coin) value, its merit is that its a world recognized, LBMA certified, exact ounce of 99.99% pure silver, ten times purer than the norm, suitable for making colloidal silver and in high demand with smelters to raise the purity of their melt, and backed by the canadian government with 5 canadian dollars per ounce which is the highest fiat backing of any silver bullion coin around.

See a silver maple as an exact ounce of very pure silver with a highly trustworthy stamp of authenticity.




Good points mostly Wiccan, but there are a lot of specialty maples.  I won't be selling my holographic silver coins for spot, that's for damn sure.  Many maples have limited mintages, some are proofs, holographs, colored, etc.

http://www.apmex.com/product/47003/2003-silver-canadian-maple-leaf-5-coin-set-hologram


--------------------
Anxiety is what you make it.


Edited by LunarEclipse (01/12/14 06:17 AM)


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OfflineShpongle1
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Re: Silver in 2014 [Re: LunarEclipse]
    #19416416 - 01/14/14 09:07 AM (10 years, 17 days ago)

I've been thinking lately about buying a 100 oz. bar to stash away safely and just forget about... Posting just to follow the activity in this thread while I continue researching and try to make up my mind.


--------------------





There are more people imprisoned for the commission of drug offenses in the United States - close to 500,000 - than are incarcerated in England, France, Germany, and Japan for all crimes combined.  Examined in another way, the United States has 100,000 more people incarcerated for nonviolent drug offenses than all the countries of the European Union combined, despite the fact that the European Union has 100 million more citizens. :crankey: 

- "Drugs and Drug Policy: The Control of Consciousness Alteration, 2007.


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InvisibleAsante
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Re: Silver in 2014 [Re: Shpongle1]
    #19416750 - 01/14/14 10:37 AM (10 years, 17 days ago)

Quote:

Shpongle1 said:
I've been thinking lately about buying a 100 oz. bar to stash away safely and just forget about...





If you can spare the money thats a very good idea. If something really wild does happen you got it made.

Something really wild happened to Rhodium years back, making a climb to a high of 40x its low. I dont think that would happen to silver but if it does - holy pennystocks batman, that bar could buy you a foreclosed house free of mortgage. Likewise if the dollar takes a big inflational dive your money in your wallet and bank account become worth a lot less but your silver will soar.


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Omnicyclion.org
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OfflineShpongle1
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Re: Silver in 2014 [Re: Asante]
    #19417828 - 01/14/14 03:16 PM (10 years, 16 days ago)

Quote:

Wiccan_Seeker said:
Quote:

Shpongle1 said:
I've been thinking lately about buying a 100 oz. bar to stash away safely and just forget about...





If you can spare the money thats a very good idea. If something really wild does happen you got it made.

Something really wild happened to Rhodium years back, making a climb to a high of 40x its low. I dont think that would happen to silver but if it does - holy pennystocks batman, that bar could buy you a foreclosed house free of mortgage. Likewise if the dollar takes a big inflational dive your money in your wallet and bank account become worth a lot less but your silver will soar.




Hm...  What types of foreseeable negative outcomes would I be in jeopardy of if I were to do that?  And are the prices listed on Ampex for their 100 oz. bars good prices?  I've done a little looking around but I don't really understand how much difference brand and/or condition makes and whether I should buy a well known brand or save a little bit and buy one of the less popular brands.


--------------------





There are more people imprisoned for the commission of drug offenses in the United States - close to 500,000 - than are incarcerated in England, France, Germany, and Japan for all crimes combined.  Examined in another way, the United States has 100,000 more people incarcerated for nonviolent drug offenses than all the countries of the European Union combined, despite the fact that the European Union has 100 million more citizens. :crankey: 

- "Drugs and Drug Policy: The Control of Consciousness Alteration, 2007.


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OfflineGorlax
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Re: Silver in 2014 [Re: Shpongle1]
    #19418067 - 01/14/14 04:12 PM (10 years, 16 days ago)

Honestly its already at a low (20$ an oz). It could drop to 10$ an oz but it always fluctuates so as long as you got time and the money I think it should pay off. maybe 30$ an oz sometime in 2014

The market saying is if January goes  bad so does the year so maybe wait till the end of January to see how the markets have done then invest accordingly.


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OfflineShpongle1
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Re: Silver in 2014 [Re: Gorlax]
    #19419831 - 01/14/14 09:37 PM (10 years, 16 days ago)

Well guys....  I fucking dove in head first.  Just purchased a 100 oz. Johnson Matthey silver bar!  Total price ended up running me $2,128.00.  I'm simultaneously nervous (just until it actually arrives) and also very excited!  I've been thinking about ways to invest a bit of money lately and silver has been on my mind but I woke up this morning with really no intention of making this purchase today.  I'm glad I decided to go for it, I don't think I will regret it.  Now I just can't wait for it to arrive!


--------------------





There are more people imprisoned for the commission of drug offenses in the United States - close to 500,000 - than are incarcerated in England, France, Germany, and Japan for all crimes combined.  Examined in another way, the United States has 100,000 more people incarcerated for nonviolent drug offenses than all the countries of the European Union combined, despite the fact that the European Union has 100 million more citizens. :crankey: 

- "Drugs and Drug Policy: The Control of Consciousness Alteration, 2007.


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OfflineManianFHS
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Re: Silver in 2014 [Re: Shpongle1]
    #19420256 - 01/14/14 11:11 PM (10 years, 16 days ago)

That is awesome man congrats! Its gonna feel good holding 100oz of silver in that form - those bars always remind me of bank vaults.

Im hoping to start accumulating 10 oz bars here and there just as additions to my stash. I was inspired after seeing that movie looper; it would be pretty nice to have 900 bars sitting in a vault 30 years from now hehe.


--------------------
notapillow said: "you are going about this endeavor all wrong. clear your mind of useless fear and concern. buy the ticket, take the ride, and all that.... "

ChrisWho said: "It's all about the journey, not the destination."


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InvisibleAsante
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Re: Silver in 2014 [Re: Shpongle1]
    #19421318 - 01/15/14 05:16 AM (10 years, 16 days ago)

Johnson Matthey 100oz bars arent just LBMA certified, so directly tradable, they also have a particularly good reputation with US silverbugs, so you made a good choice there! Price is right too, $21.28 per oz, the silver price may drop much lower but its considered a good price given the upward potential of silver.

Congratulations! Part of your monies are now independent of the Fed and the antics of the fiat currency system.

You bought a ticket in a lottery guaranteed to pay off as long as you're able to hold onto your silver for long enough. Dollar's going ever down so silver is destined to go ever up, as are all commodities.


--------------------
Omnicyclion.org
higher knowledge starts here


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OfflineGorlax
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Re: Silver in 2014 [Re: Asante]
    #19421699 - 01/15/14 07:49 AM (10 years, 16 days ago)

Good choice of investment. I woke up and read the BBC news and top new article for the day Global Economy at Turning Point. Which is really promising considering if the economy is good prices are good. What you find interesting is at the peak of the recession all the commercials to buy gold/silver were appearing. Now hopefully a shift backwards.


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InvisibleLana
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Re: Silver in 2014 [Re: Corporal Kielbasa]
    #19421770 - 01/15/14 08:12 AM (10 years, 16 days ago)

Quote:

Corporal Kielbasa said:
I'm just trying to understand the coin guys.  I mean coins are awesome.  I get a 300 year old coin has historical value and certain coins would be exceedingly rarer and more valuable.  But a bag full of silver dimes and quarters is only a few over spot right?  Why would I pay and extra 9 an ounce and have to keep them all fine and clean and spend more time selling.

My bad if I sound noobish or oblivious.




I'd like to help you with this question.

If you buy silver bars or rounds, you're buying "investment grade silver".    In short, if the price of silver moves, so does the value of your bar or round.  The only value you'll ever receive from that chunk of metal is a bit over spot price.  One of the downfalls of bars/rounds, especially now, is how people question their validity.  Buying PM's is easy, selling isn't so hard either but hand someone a silver bar who's never really dealt in metals before, and I would think that they'd sooner by a coin than a bar/round that doesn't have a mint mark.

With coins, you three different modes of value.  You have the value of the metal, the value of the coin, and lastly the face value of the coin. 

As the years go by, more and more coins are lost, destroyed, etc..  So over time, they generally become more rare.  This is where the numismatic value or "coin collectors" value plays a part.

Then there's the face value.  This usually carries the least amount of value but nonetheless, it holds value.  A $1.00 American Silver Eagle has a face value of $1.00.    Now if for some VERY odd reason silver crashed below a dollar (I highly doubt) than at least you still have the value of...$1.00  :smile:

Lastly, you have the value of the metal itself.  This too can be obtained through metal bars/rounds.

In a way, I guess you could put some kind of "value" on the fact that if your coin or bar/round is IRA approved, that too helps.  As I mentioned above, buying metals is easy.  Selling them is pretty easy too.  But depending on your mode of thought, particularly if you're preparing for a SHTF situation.  Imagine yourself buying silver.  Which would you trust more to be real?  A lead brick covered in silver or a coin that's been minted by a government.  You pay a higher premium for coins because when you go to sell them, you should get a better price than bars/rounds.

I think owning both is great!  Sunshine mint makes some really nice bars.  PAMP makes beautiful bars but the premiums are high (might as well buy coins. :smile:  )


Lana


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InvisibleAsante
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Re: Silver in 2014 [Re: Lana]
    #19421961 - 01/15/14 09:18 AM (10 years, 16 days ago)

Quote:

PAMP makes beautiful bars but the premiums are high (might as well buy coins. :smile:  )





I have a thing for the PAMP 10oz gold bar. I'm not promoting the merchant but take a look at that bar!





What you don't see well enough is how thick it is, its sooo beautiful :yesnod:


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Omnicyclion.org
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