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 Replies: 20 / Views: 2,681 |
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Pillar of the Community
United States
968 Posts |
Chances are you broke even at best. Weigh the gold when it arrives and calculate what it is worth.
Edited by Saruma
09/20/2011 5:29 pm
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Valued Member
United States
266 Posts |
If you're interested in purchasing silver or gold bullion for investment purposes, your best bet is to save enough cash (at minimum wage it might take a few weeks) to buy some 1oz silver government issued bullion investment coins, such as the American Silver Eagle, Canadian Maple Leaf, Australian Kookaburra and Koalas, etc. They are available at just about any coin store and go for perhaps 5-10%% over the spot price of silver. It might be a slight premium over silver bars, but you have a national government guaranteeing the silver content of the coin and that provides more liquidity in case you want to sell it down the line. Plus, they just look nicer. Edited by cperry8483
09/20/2011 10:27 pm
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New Member
 United States
22 Posts |
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Bedrock of the Community
United States
11951 Posts |
FYI - German silver is not silver .. I think it is mostly nickel
I good way to start out buying silver, with little money to invest,
is to buy U. S. silver dimes
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Pillar of the Community
United States
2589 Posts |
Warnickels are even cheaper, and there are foriegn silver coins that can be bought for $1.50 or even less.
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Pillar of the Community
United States
3276 Posts |
warnickels are good too, but i'd rather have dimes. Dimes are not much more in price, but are easier to buy and sell because they are 90%. And dim'es do not cost that much. You can get them for about $3 a piece or less if you find good deals. Dimes are lovely :)
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Valued Member
United States
466 Posts |
I agree with the dimes being a great way to build up a collection with limited money The only silver coin sets I am working on right now are Mercury dimes and Roosevelt dimesI find a ton of roosies in circulation and haven't bought one to date but Mercury dimes can be bought for melt a lot of the times Cheap and 90% War Nickels don't usually go for full melt value but 90% is 90% |
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Pillar of the Community
United States
1704 Posts |
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Bedrock of the Community
United States
12437 Posts |
Oh boy, someone is not gonna be happy paying that much money when they find out German "Silver" is just a cheap white metal with no precious metal content  Read the fine print at the bottom of the listing- These are newly minted and in pristine --- MINT --- condition. Contains copper, zinc, and nickel.Edited by biokemist6
09/21/2011 11:57 pm
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Pillar of the Community
United States
4132 Posts |
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Pillar of the Community
United States
4778 Posts |
Oh wow.... Sucks for whoever wins  |
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Pillar of the Community
United States
968 Posts |
Mossy,
Both of your links seem to be from the same seller, and both of those listings are very deceptive in my opinion. I'd consider not buying from someone that has misleading listings (he may not be lying, but he is certainly banking on people not understanding what they are getting). Do some more research and ask lots of questions here before you buy something you don't fully understand.
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Valued Member
United States
268 Posts |
that is a sweet win good job keep it up
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Pillar of the Community
United States
5855 Posts |
From the Wikipedia article linked to above: Quote:
More outright attempts at nickel silver fraud include the production of replica bullion bars marked "Nickel Silver" or "German Silver", in weights of one troy ounce, that are sold without explanation that there is no elemental silver present. I think that about says it all right there. |
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New Member
United States
22 Posts |
ya thats why I bought a canadian maple leaf silver bar an not the german bar
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Replies: 20 / Views: 2,681 |
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First Page
Posted 09/20/2011 10:26 pm
