silver

[weimy froob]

a guy was touting it as a good investment right now. buying the physical product. the gold/silver ratio is out of wack with the historical numbers. any buyers lately?

[Riley91]

I've been buying Bitcoin only for some time now and will continue indefinitely. Tons of Bitcoin.

[Unbiased Observer]

While physical silver is very attractive IMO, good luck finding much physical silver at attractive premiums. ASEs are a hell no.

For me the best value I find are Royal Canadian Mint (RCM) bars. They are well-known and respected, but yet carry less premium that ASEs per troz.

Right now you can get the 100 troz RCM bars for around $2100. Excellent balance of name recognition and price.

The 10 troz RCM bars are around $240.

A roll of twenty random date ASEs is $620 ($31 per troz). That is waaaaaaaaaay too much of a premium to pay. Not sure what a full monster box costs.

[weimy froob]

While physical silver is very attractive IMO, good luck finding much physical silver at attractive premiums. ASEs are a hell no.

For me the best value I find are Royal Canadian Mint (RCM) bars. They are well-known and respected, but yet carry less premium that ASEs per troz.

Right now you can get the 100 troz RCM bars for around $2100. Excellent balance of name recognition and price.

The 10 troz RCM bars are around $240.

A roll of twenty random date ASEs is $620 ($31 per troz). That is waaaaaaaaaay too much of a premium to pay. Not sure what a full monster box costs.

my dad's a silver and gold bug. I'll give him a call and see if we can put together an order. thinking about 10 grand as a hedge.

[Wakanda]

The premiums are atrocious. Just like the oil barons the silver dealers are ripping the American people off.

[Unbiased Observer]

The premiums are atrocious. Just like the oil barons the silver dealers are ripping the American people off.

Yes and no. Some of them are simply underwater on their physical stock at this point.

[weimy froob]

i can get a 100 oz Johnson Matthey Silver Bar or an asahi 100 oz silver bar for 2200 dollars plus tax i'm sure. sound like a good buy Unbiased?

[weimy froob]

i took a look at the silver chart. not too pretty--probably still going lower. i'm going to dollar cost average into this.

[Unbiased Observer]

i can get a 100 oz Johnson Matthey Silver Bar or an asahi 100 oz silver bar for 2200 dollars plus tax i'm sure. sound like a good buy Unbiased?

Yeah but you should be able to find it without sales tax.

[weimy froob]

i can get a 100 oz Johnson Matthey Silver Bar or an asahi 100 oz silver bar for 2200 dollars plus tax i'm sure. sound like a good buy Unbiased?

Yeah but you should be able to find it without sales tax.

how? anyways i'm going to be watching silver and dollar cost average buy--maybe even buy just once a year. let me know how you get away from the sales tax.

[Unbiased Observer]

i can get a 100 oz Johnson Matthey Silver Bar or an asahi 100 oz silver bar for 2200 dollars plus tax i'm sure. sound like a good buy Unbiased?

Yeah but you should be able to find it without sales tax.

how? anyways i'm going to be watching silver and dollar cost average buy--maybe even buy just once a year. let me know how you get away from the sales tax.

eBay/online sellers.

This seller does not charge any sales tax. One of the three I buy from.

https://www.ebay.com/itm/331567230236

[Unbiased Observer]

Better price here. Also no sales tax.

https://www.ebay.com/itm/202643402936

[Unbiased Observer]

JM bar no tax.

https://www.ebay.com/itm/203775922852

[Unbiased Observer]

And if you are curious. the price is constantly shifting on the bars in response to spot price. Not sure if they have it automated, or some poor sap is doing it manually.

[weimy froob]

[Unbiased Observer]

I remember trying to get my mom set up on Apmex or someplace, and they wanted to charge sales tax. I was surprised and did a bunch of research at the time, since I was buying through eBay with no sales tax. My conclusion was that no sales tax should be charged. I don't remember the details though.

[PH81]

Found my first 90% last week.

[Unbiased Observer]

Found my first 90% last week.

I have not found a 90%-er in change for quite a number of years now. I know the last two were Roosevelt dimes.

Drop a pre-64 quarter on a hard floor in a room full of old people sometime and watch how many heads turn.

[PH81]

Found my first 90% last week.

I have not found a 90%-er in change for quite a number of years now. I know the last two were Roosevelt dimes.

Drop a pre-64 quarter on a hard floor in a room full of old people sometime and watch how many heads turn.

They sound different for sure.

I roll hunt. 1/2 dollars.

I wish I knew about it 20+ years ago...............

[Unbiased Observer]

Found my first 90% last week.

I have not found a 90%-er in change for quite a number of years now. I know the last two were Roosevelt dimes.

Drop a pre-64 quarter on a hard floor in a room full of old people sometime and watch how many heads turn.

They sound different for sure.

I roll hunt. 1/2 dollars.

I wish I knew about it 20+ years ago...............

It has been 15 years since I did any roll hunting. It was pretty bad even back then. Maybe a 40% Kennedy here or there. Only one '64.

[PH81]

I have not found a 90%-er in change for quite a number of years now. I know the last two were Roosevelt dimes.

Drop a pre-64 quarter on a hard floor in a room full of old people sometime and watch how many heads turn.

They sound different for sure.

I roll hunt. 1/2 dollars.

I wish I knew about it 20+ years ago...............

It has been 15 years since I did any roll hunting. It was pretty bad even back then. Maybe a 40% Kennedy here or there. Only one '64.

$900 in and have found 4 40% 1 90%..............a box of 500 only had a 40%

[NotRasho]

Ive been buying sterling silver (candlesticks, platters, utensils etc) for a long time and just breaking it down and throwing it in bins. At some point I will take the time to refine it all and pour some bars.

[tcfanatic]

https://www.revisor.mn.gov/bills/text.p ... n_number=0

Not sure the status but this bill has been introduced to eliminate sales tax on precious metal coins. Right now if you buy from a local coin shop or reputable online dealer (JM Bullion, Money Metals, SD Bullion etc...), They will tax any Coin that is considered legal tender. It's fucking stupid and I hope it passes.

For the time being you can still buy bars or rounds that aren't government backed. Many Ebay sellers won't collect the tax but there's also some risk buying from eBay.

[Wakanda]

Keep stacking boys !