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Replies: 69 / Views: 4,582 |
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Bedrock of the Community
United States
36678 Posts |
The one that I traded was an ex-jewelry piece. They gave me $106.75 face in 90%.
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Moderator
 United States
187914 Posts |
Quote: They even tossed in some rolls of Silver Proof 1992-2003 dimes, quarters, and halves. They consider these as just junk silver now. 
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Bedrock of the Community
United States
36678 Posts |
Quote: When metals prices rise high, numismatic coins go to the melting pot. It will be interesting to see what coins are rare in the years to come, since we have no idea what has been melted and continues to.
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Moderator
 United States
187914 Posts |
Quote: When metals prices rise high, numismatic coins go to the melting pot. Yes, I know. But I do not have to like it!  Quote: It will be interesting to see what coins are rare in the years to come, since we have no idea what has been melted and continues to. Indeed. 
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Pillar of the Community
Portugal
655 Posts |
If only this gold price fall continues for a full week I think good coins will be sold in panic selling. Keeping an hopeful eye on local dealers. But I am not seeing any yet.
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Bedrock of the Community
United States
36678 Posts |
Price smashes like this are to flush out the metal from weak hands. I'm sure many of the late commers are in panic mode right now. Play the ratios right now, the advantage is still to swap gold for silver at 84:1.
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Moderator
 United States
187914 Posts |
You gotta have the stomach to ride the waves. 
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Pillar of the Community
United States
1763 Posts |
I agree with IGE. I've found with investments you need to allow for time. Over time, things move from the lower left to the upper right. Holds for PMs, stocks, etc (not beany babies  ).
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Moderator
 United States
187914 Posts |
Quote:not beany babies  
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Bedrock of the Community
United States
36678 Posts |
Traded some gold yesterday for 140oz in .999 bars and 103.75 face 90%. Gold-Silver ratio is still coming down 79.7:1 this morning. Makes yesterdays trade a small win for me.
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Moderator
 United States
187914 Posts |
Excellent! 
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Bedrock of the Community
United States
36678 Posts |
The GSR today is down to 78.2:1. Earlier this year it was over 100:1. It shows that silver is moving higher much faster than gold.
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Moderator
 United States
187914 Posts |
Quote: The GSR today is down to 78.2:1. Earlier this year it was over 100:1. It shows that silver is moving higher much faster than gold. Interesting. 
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Valued Member
Canada
128 Posts |
Both are good even platinum is up big this year
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Bedrock of the Community
United States
36678 Posts |
GSR below 74:1 today. Headed to the LCS to do one more swap of gold for silver before it's too late. December is a delivery month for COMEX, and they don't have enough silver. Who knows how this will play out.
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Replies: 69 / Views: 4,582 |