Buying gold, silver when to start?

Discussion in 'Financial Cents' started by oil pan 4, Mar 1, 2018.


  1. VisuTrac

    VisuTrac Ваша мать носит военные ботинки Site Supporter+++

    about 4.00 over spot.
    If you can find them in stock.
     
    Cruisin Sloth and Gator 45/70 like this.
  2. Gator 45/70

    Gator 45/70 Monkey+++

    I have a little bit of ''stock'' lol
     
    VisuTrac likes this.
  3. oil pan 4

    oil pan 4 Monkey+++

    Some of the vintage stuff can sell for $5 to $10 over spot if it's nice.
     
    Gator 45/70 likes this.
  4. oldman11

    oldman11 Monkey+++

    I just bought 88 silver dollars with only 6 being 1921 date. The rest were in the late1800 range,all in very good shape.I paid $1600.00 for the 88. I was at the pawn shop when this guy came In and tried to pawn them for $1200.00 and could not get it. When he walked out I offered $1600.00 and he accepted,I guess I should have offered less but they were in such good shape I could not turn them down.
    [flag]
     
    mysterymet, Wild Trapper, DKR and 3 others like this.
  5. oil pan 4

    oil pan 4 Monkey+++

    The value on 1921 silver dollars is meh, unless they are in Amaizing condition.
     
    Gator 45/70 likes this.
  6. oil pan 4

    oil pan 4 Monkey+++

    Apmex is all out of silver shot and prices on ebay right now are ridiculous, I can probably nearly double my money if the price doesn't go up.
     
    Gator 45/70 likes this.
  7. oil pan 4

    oil pan 4 Monkey+++

    Everything I put on ebay last night at highish dealer prices has at least 1 bid and I can list a lot of shit on ebay in 2 hours.
    This is absolutely a sellers market.
    I pity da fool buying silver now.
     
    Gator 45/70 likes this.
  8. VisuTrac

    VisuTrac Ваша мать носит военные ботинки Site Supporter+++

    BitCoin is at 11k.
    Granted it could be at 2k or 20k tomorrow.
     
    Gator 45/70 likes this.
  9. Gator 45/70

    Gator 45/70 Monkey+++

  10. VisuTrac

    VisuTrac Ваша мать носит военные ботинки Site Supporter+++

    Person to person, at the coin dealer or on ebay.
    p2p probably 28-30
    dealer might give ya 24 if they have plenty of stock, but if they are low on the shiny, ya might get 25-26.
    on ebay .. 33 because you are going to get hit with probably 10-15 percent in fees.

    That would be about what i'd sell them at if i had any to sell.
    I'd also spend the proceeds quickly on preps and not stuffing it under the mattress.

    Or you can do what I have done with the ones i've picked up in the past. Pay the kids and grandbabies in silver for jobs/tasks around the farm.
     
    Gator 45/70 likes this.
  11. Gator 45/70

    Gator 45/70 Monkey+++

    Thanks' I have been known to pass out a few at birthday time !
     
    Cruisin Sloth and VisuTrac like this.
  12. Cruisin Sloth

    Cruisin Sloth Special & Slow

    I just bought a 5 OZ buffalo last jan/feb ..
    It's neat having all different types , Stage Coach from NWTM were also neat.
    Having no debt and bank balance of comfort , to me is nuts having that FIAT that is eroding .
    Years ago 1960's my dad showed me real money,, He saw the Germans starving when their R-Mark collapsed..
    DO NOT BORROW to buy , and buy little amounts when you can , carton of smokes or a few Oz OF AG ??
    What is better ?!

    Sloth
     
    Last edited: Jul 29, 2020
    Gator 45/70 likes this.
  13. oil pan 4

    oil pan 4 Monkey+++

    I'm putting them all as auctions so people can get stupid.

    Looks like apmex has a $299 minimum order on their Web site so I'll concentrate on the little guys.

    Before I went to the deposit box today I ebay searched 1 kilo bars and the money just isn't there. If I sold my kilo bars on ebay, after fees I wouldn't make much money. Not compared to the killing newer shinny 1oz, 5oz and 10oz are generating.
    Left the kilos at the bank.
     
    Last edited: Jul 28, 2020
    Gator 45/70 likes this.
  14. oil pan 4

    oil pan 4 Monkey+++

    I have like 50 of those and I'm going to start them at 25 and let people do the rest. I know I didn't give more than 17 or 18 for mine. I would expect them to go for nearly $30 plus $4 shipping.
     
    Gator 45/70 likes this.
  15. oil pan 4

    oil pan 4 Monkey+++

    Ag man. You can sell it, make colloidal or blow shit up with it if you have the right chemicals on hand.
     
    Gator 45/70 likes this.
  16. TnAndy

    TnAndy Senior Member Founding Member

  17. Gator 45/70

    Gator 45/70 Monkey+++

    About the same here,Looking at about 50% profit, Thinking I should hold off a bit longer.
     
  18. oil pan 4

    oil pan 4 Monkey+++

    That's the problem. For the last 6 years the gold bulls say literally every few weeks when there's a glimmer hope for a gold rally or when gold is up for 2 weeks straight that "gold is going to $2,000 this year".
    If you are going to cash out of gold and sit on it yeah it's a bad idea. Cash out, get something else then sell that and back into gold when it dips low again.
     
    Gator 45/70 likes this.
  19. TnAndy

    TnAndy Senior Member Founding Member

    Such as ?
     
    Gator 45/70 likes this.
  20. Cruisin Sloth

    Cruisin Sloth Special & Slow

    @TnAndy
    I don't get that thinking of his .
    Were the same age , been buy since the 60's , never sold.
    Live the same , see your post and built a fuel bin area.. PLUS.
    Now updating a lower room with commercial machines to process and freeze dry plus, lower so when older , less lifting . dumb waiter on the cold storage , all tooling for when im as useless as Joe or Hittelery !!!
    Sloth
     
    mysterymet, TnAndy and Gator 45/70 like this.
  1. VisuTrac
  2. ED GEiN
  3. Ganado
  4. Motomom34
  5. oil pan 4
  6. T. Riley
  7. oil pan 4
  8. Bandit99
  9. oil pan 4
  10. thegoldlock.com
  11. Game Ends
  12. CATO
  13. Minuteman
  14. Brokor
  15. rush81
survivalmonkey SSL seal        survivalmonkey.com warrant canary
17282WuJHksJ9798f34razfKbPATqTq9E7