Are You Buying?

Craigslist and the jackwagon's listing on it=shady....

That's because most of them are not "business people". They're members of the generally pubic who have some coins to sell, and perhaps don't even know where to find a local dealer.

You can't really expect any more sophistication from them than the average person standing in line at a hotel coin buyer's room.

Ya think?



I'm not expecting sophistication from them, just some common sense. Alas, that seems to be too much. :-/

Hope springs eternal, though. I DID find the one fellow with a very nice 5-hp rototiller to sell and I bought it. It was about 5-6 years old but in like new condition for $125. I didn't even bother to haggle.

Banksters! GRRR! Don't even get me started with those guys!

Good job on the dollar cost averaging into your silver position, though.

I started collecting silver after that so probably have a higher per oz. average than you have. Still, I am comforted by 2 thoughts: 1) better late than never; and 2) it is highly likely that there will come a time when we look back at our silver buys and can't believe that we got in that cheaply.

Silver is projected to drop down to about 5 dollars an ounce. I dont think thats going to happen though. I could see it dropping below 20 an ounce though. When that happens thats when Ill actually start buying. But until then I'm buying as much silver and gold I can as cheap as possible. When I mean cheap I mean no more than a dollar a necklace for silver or no more than 5 dollars for a gold necklace. Believe it or not I've come across alot of it already. I did have a big bust recently though I paid 100 dollars for a group of gold and silver where as the gold was all junk. I did manage to atleast pull out 12 dollars for the junk gold though. The stuff thast came with it that wasnt gold or silver is whats going to break me even though (antiques). The funny thing is after I sold that junk for 12 dollars not the silver though I hit a garage sale on the way home. I found a really nice sterling silver art deco glass bracelet. I paid 75 cents for it and resold it for 50 dollars. The amount of silver wasnt even a quarter of an ounce.

Well I ended up picking up 6 proof ASE, 91 92 93 94 97 2000, for $45 each except for the 1994 which as $60. He has for or 5 more,all years I don't have and I am considering going back and getting those.

I would be very careful with such advice. IMO, anyone projecting a price this low probably has an agenda that is causing them to push this line of thought. JP Morgan, anyone? :-/

Personally, I would love to have the opportunity to buy about $50k worth of silver at $5 an oz.

I bought a 10 oz. silver bar today, Craigslist is for simple people and con artists. IC double just wants silver to drop to $5 an oz. big difference over many projections which are another supposed steep drop or correction and at say $24 people will be backing the truck up.