Apmex Delivers! :-)

Very nice, Ed!

Great buy Ed! Nice time to get more silver since the market has softened up a bit.

Wow, another great buy

So it was you who bought the silver proof stae quarters before I could get my paycheck

Amazing stuff. Very nice choices!

I don't have that much silver but I do save what I get I look at it as money in the bank that just gets better with time. I wanted a few coins but couldn't afford them at the time so I sold some silver to get them.

Probably not a bad idea, Traevin. The good news is that it is nicely portable in small amounts!



The first day was the worst. Yeah, I was tempted to rip it open right there and then but the thought of not getting all of the pix I wanted to post stayed my eager hands.



I plan to keep them in the paper coin roll wrapping for the time being so can only see the ones on the ends of the rolls. These are pretty much just silver bullion to me, so states and mint marks are not too important. Weight and purity is where it is at for bullion. Once I get some plastic tubes for these coins, I will take a closer look at states and mint marks.



Thanks, CW.



I dunno, Daniels. I'm just building my hoard now and not planning to sell any time soon. I suppose that if it jumped up to around $50 or so, I would sell maybe half of it in the hope of buying it back later at a lower price. That could be a good way of raising the oz. count. Problem is, this is my financial disaster insurance. If a huge financial problem hits and I've sold off half of my hoard but can't buy it back that would be a colossal oops on my part.



Thanks, RJK. Yeah, silver under $30 an oz. looks good to me from a long term buyer / holder perspective. It could go to $25 or even $20 but probably not all that much lower due to the cost of production being around $20 an oz. If the paper price falls to $15 an oz., that doesn't mean that any will actually be available at that price. OTOH, it could move up too and that would be good. Even if it does not move up as strongly as some think that it will, it is nice to have something that can't be over-printed and cheapened by the Fed / gov.



Heh heh... oddly enough, they come from APMEX when one places and pays for an order of coins, rounds, or bars. As to how much they cost... depends on what's in 'em!



Thanks, CB. I am hoping that this is the case and that in future years silver becomes more expensive. I am using this as an inflation hedge and as insurance against a colossal economic disaster. Maybe it's just me but as time goes by I have less and less faith in the ability and character of those running the Fed and the government. Disaster looms, thanks in large part to their reckless fiscal, financial, and economic policies. The little folks in the world need something to fend off any bad times that result and this is one of the better ones, IMHO.



Me too, BH. Those of us who collect PMs see "hoarding" as something that anyone can do to the extent that they can afford. We each do what we can, which is good. Those who do not collect PMs but realize that they should have when they had the chance put an entirely different and very negative connotation on the words "hoarding" and "hoard". It's nice to be among the folks on this web site who understand that doing this is not harming anyone. But it very well might help fend off inflation and bad economic times at some point.



Muahahahahahaha! Uh, just kidding! I suppose that one could say that I did but I am sure that any number of others did the same. There have been any number of times when I wanted to buy some VF grade Walking Liberty halves but they got sold out before I could get some. They will be back in stock sooner rather than later, so hold onto that cash.



lol, but thanks for the thought, CW. I'm pretty sure that APMEX has LOTS of customers who call up and order silver by the tens and even hundreds of thousands of dollars. Compared to those folks, my buying is pretty puny.



Thanks, Trip. I really like the 1/2 and 1/4 dollar silver coins. There are enough of these around that they don't have much, if any, rarity premium. Still, they are beautiful 90% silver coins that are well worth collecting.



Indeed, Namachieli, and that is one of the two reasons why I collect silver. I am a BIG fan of John Williams over at his Shadow Government Statistics web site. He really knows economics and studies what the Fed and gov are doing in great depth. His writings are something that everyone should read if they get the chance. Much of his web site is only for paying clients but there is still a good amount of free stuff there that anyone can read. My own shopping experience says that Williams is spot on and that Bernanke and Geithner are blowing smoke up our pant legs. If it becomes possible for me to sell some of my silver for a fat profit, I very well might do that, but it is not my main goal or intent at the moment.



LOL! Now those are classic symptoms of "silver mania", a mental disease that cannot be cured, only treated with regular doses of silver.

I must not have it as badly as you do. Getting a package like this keeps me in good spirits for at least 2 weeks, sometimes 3 weeks. After that, though, it is time to shop!

Thanks, Hawk. I'm just wondering how long the silver price can remain below $30 an oz. For the past year or so, these drops to below $30 haven't been lasting all that long. There is a silver shortage these days but it is among the big boys and not among the small fry like us. If we want 50-100 oz. of silver, no problem. But if Eric Sprott wants to buy a couple of million ounces, BIG problem.



Yet another fine example of PMs holding their value. Yeah, we can always pick just the right buy and sell times to prove that this is not always true but then one could do that with any purchase. Heck, my best "investment" lately was a 1-L bottle of grape seed oil for $6.79. A week later I noticed that it can gone up to $11.29! Yikes!!



That it could, Hawk. The current silver to gold production rate is around 9.5 to 1. That combined with the fact that silver is WAY more useful for making high-tech stuff than is gold argues well for a considerably higher silver price. If the gold to silver price ratio was even 20:1 we would have an $80 silver price. Should the derivative bomb blow up on us, we could see MUCH higher PM prices.



Much as some people complain about manipulation of PM prices to suppress their prices, all PM buyers benefit from this. It is only the sellers who are hurt by price suppression. Anyone who is getting into PMs can do so much more cheaply than might otherwise be possible. A $100 silver price would mean that most of us could only buy 1/3 of what we can buy now.



Yes, I believe that it will and for three reasons: 1) the manipulators are having to do more and more paper PM dumping for less and less effect on physical PM prices; 2) Asians are huge PM buyers and slamming the PM prices lower only allows them to back up the trucks and take more and more of the dwindling western inventory home to the east; and 3) cracks are forming in the banking cartel bulwark lately, so in typical bankster fashion they will definitely sell out other corrupt colleagues to obtain lesser sentences for themselves at their fraud and conspiracy trials in 2013.



Awesome, Hawk! Great job!!



Yep, but who can blame them for being all messed up at such times? We guys can only wonder at the effects that pregnancy has on the female mind and body.



Having a ready supply of cash for those unplanned emergencies, which always seem to come up, is an excellent idea. It's good that she is in favor of putting away money for the future. Lots of young folks spend like there is no tomorrow. That usually ends badly.



I can see where that would appeal to your situation, Hawk, but we really should factor the November election into this. Whichever way it goes, there is likely to be a BIG impact upon PM prices. :-/