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 Replies: 88 / Views: 8,974 |
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Pillar of the Community
1283 Posts |
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Rest in Peace
United States
9104 Posts |
zig-
never owned the first slobbed comic. our customers could read.
Kid you not, ski (athens) had a blind customer who invested in comics.
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Pillar of the Community
United States
1450 Posts |
Throwbackid,I'm glad you like them and I would agree that they look great,but that was not the point of my post. When people start relying on someone else's evaluation of goods,prices increase and before long you won't be able to sell anything without a TPG evaluation. The ASE's are high quality with or without the sticker,they have to be because of weight and purity claims! The early release is nonsense and if anybody pays a premium for it they are a fool. The whole point is,somebody paid for that evaluation and that cost is being passed along somewhere. Would you find those coins less "awesome" if they didn't have the sticker telling you they were awesome? I don't think so! Problem is,now if you break the plastic open to enjoy the rest of the coins in the roll,the validity of the sticker is compromised. Personally,I like to look at ALL of my coins,not just the ones on the end of certified rolls. Buy the coins,don't buy the slab. I know you say they were the same price but that price per roll is elevated for all the rolls sold to pay for grading a portion of them. |
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Valued Member
Cyprus
349 Posts |
it also depends on which currency you are buying your silver with. If you are caught with the USD then silver appears to be a good hedge. If you buy it in AUD then its not as attractive given the AUD is increasing with the silver price so there is not as much of a difference.
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Bedrock of the Community
Australia
21788 Posts |
throwbackid: Even better if you get early strikes off new dies! Here's an idea: Just take one out and spray it with acrylic lacquer to stop patination. I did that when I got a '64 Kennedy half when I was a kid, just to fool around. That coin STILL looks as good as the day it was struck, 45 years later. I am now glad I did! Good 'ole acetone will remove it. I haven't the slightest intention of doing so. Edited by sel_69l
04/24/2011 09:07 am
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Pillar of the Community
United States
648 Posts |
I buy at this price and any other price if it drops.
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Pillar of the Community
United States
4008 Posts |
Quote:
Here's an idea: Just take one out and spray it with acrylic lacquer to stop patination. That should do it. Another idea is to rub your silver coins with one of those automotive anti-fog cloths. That will put a microscopically thin layer of silicone oil on them, which will stop air-oxidation of the silver. Reapply every few years as needed. Any detergent will remove the silicone oil any time you choose.  |
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Rest in Peace
United States
9104 Posts |
Mid-70s there was a product called Clear, a spray acrylic designed for coins. I sprayed one side of a proof LMC and carried it with regular pocket change. 2-3 years later, the untreated side was circ brown and had wear, the sprayed side looked like it had just come out of a proof set, except for a couple spots where other coins nicked through the coating. |
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Pillar of the Community
United States
2734 Posts |
One of my family heirlooms is a 1924-D Peace dollar that my great-grandfather coated with acrylic lacquer in 1924.  The coin is still blast white. Problem is, "blast white" common date Peace dollars aren't rare. I have several of them, including another 1924-D.  |
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Rest in Peace
United States
9104 Posts |
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If you adjust for inflation we are NOWHERE near the '80 peak. Same with gold. In constant dollars versus a century or two ago, virtually every commodity is cheaper today. Prices are higher when viewed through the clouded lens of inflation. |
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Pillar of the Community
United States
4008 Posts |
Right you are, Fred.
As an example... 50 years ago, gasoline was $0.15 a gallon. You could buy 10 gallons of the stuff for $1.50. That would be a silver dollar and a silver half dollar. Those two coins contain about 1.135 oz. of silver. At today's silver price of $35.90/oz., they would be worth about $40.75. With gas now selling for around $3.75/gallon, those silver coins would buy about 10.86 gallons or nearly a gallon more than the same money bought 50 years ago.
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Pillar of the Community
United States
3670 Posts |
A was out a bit ago, and I noticed gas was at $3.39 a gallon, and I am a bit surprised about that fall from $3.75 a gallon....
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Bedrock of the Community
Australia
21788 Posts |
Most of those who have hoarded silver have accumulated it at at least a bit, and some cases, a lot below the current price.
If you need the profits to pay for something else, sell. At least you have the runs on the board, and what you may need to buy can be paid for with unearned profits, rather than have to be worked and saved for.
If you have no NEED to buy anything, probably best to keep your silver position.
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Pillar of the Community
United States
4008 Posts |
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A was out a bit ago, and I noticed gas was at $3.39 a gallon, and I am a bit surprised about that fall from $3.75 a gallon.... Wow, Hawk, that IS a good price these days. The cheapest gas hereabouts is $3.71 a gallon and only a couple of stations have it. Most are in the $3.78-3.85 per gallon range. I really sympathize with people who are struggling to pay for gas to get to work these days. I understand how hard that can be and worry about this effect on our kids and, eventually, our grand kids. :-/ My wife and I started out with nothing to our names but each other. After 41 years of marriage, hard work, saving, and investing we are well off these days. I bought about $50k worth of a mutual fund that holds energy companies a few years ago and it throws off more in dividends than we spend on gas and electricity, so the price of gas and home heating / cooling is pretty much a non-event for us. It's good to own energy companies! |
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Rest in Peace
United States
9104 Posts |
I filled up at $34.99 a hatful (with 20 cent discount), 20 miles up the road, it was $33.99.
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Replies: 88 / Views: 8,974 |
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Posted 04/23/2011 4:18 pm
