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I Got $300 To Spend

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Valued Member
colu41's Avatar
United States
376 Posts
 Posted 08/20/2012  10:04 pm Show Profile   Bookmark this topic Add colu41 to your friends list Get a Link to this Message Number of Subscribers
I have an order saved on Provident Metals. But, I've been looking through it periodically and am re thinking.

I have $300 to spend. And I'm looking to pick up mostly 1 oz bars and rounds. I know a few 5 oz or maybe a 10 oz would be a better deal. But Id rather collected small bars and rounds.

Is Provident a good choice for this plan? Or is there another place ?

And what would you do with $300?
New Member
Young-Skyler's Avatar
United States
33 Posts
 Posted 08/20/2012  10:34 pm  Show Profile   Bookmark this reply Add Young-Skyler to your friends list Get a Link to this Reply
With $300 I would put an order to the bank for $300 of pennies.

Because if you sort out the copper pennies from those (about %30) you could come out with 90 dollars facevalue of copper coins, which you could sell for 1.5 times facevalue for a nice $45 profit on ebay (not including fees)

This is what I would do because I personally dont like long term investments, but with the profits I made from searching pennies I would probably buy high grade american silver eagles, but that is just a personal preference.
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coinwatch's Avatar
United States
808 Posts
 Posted 08/20/2012  10:45 pm  Show Profile   Bookmark this reply Add coinwatch to your friends list Get a Link to this Reply
Provident is an outstanding choice. They typically have an excellent selection of bars and rounds in stock. Also, their $8.95 shipping and insurance charge (for orders up to $499.99USD) is one of the lowest you'll find anywhere. Buy with confidence.
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silvercoinrn's Avatar
United States
863 Posts
 Posted 08/20/2012  11:31 pm  Show Profile   Bookmark this reply Add silvercoinrn to your friends list Get a Link to this Reply
Wow 8.95 shipping is a good price
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Ed_B's Avatar
United States
4008 Posts
 Posted 08/21/2012  7:04 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply
Provident is a fine choice but then so are GoldMart and SilverTowne.
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trout1105's Avatar
Australia
7096 Posts
 Posted 08/21/2012  7:16 pm  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply

Quote:
And what would you do with $300?

I would buy lots of beer and go fishing.
Seriously tho, silver is on a bit of a rise at the moment so I would hold until the manipulators crash the price then buy
Valued Member
colu41's Avatar
United States
376 Posts
 Posted 08/22/2012  12:17 pm  Show Profile   Bookmark this reply Add colu41 to your friends list Get a Link to this Reply
I may wait it out.

But I have a question. I had a 1 oz Silvertowne bar in my cart and a 5 oz Silvertowne bar and the 1 oz had a smaller premium per oz than the 5 oz bar. How does that work?
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Namachieli's Avatar
United States
2120 Posts
 Posted 08/22/2012  1:02 pm  Show Profile   Bookmark this reply Add Namachieli to your friends list Get a Link to this Reply

Quote:
I had a 1 oz Silvertowne bar in my cart and a 5 oz Silvertowne bar and the 1 oz had a smaller premium per oz than the 5 oz bar. How does that work?


Demand
Edited by Namachieli
08/22/2012 1:03 pm
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kookoox10's Avatar
United States
1054 Posts
 Posted 08/22/2012  1:50 pm  Show Profile   Bookmark this reply Add kookoox10 to your friends list Get a Link to this Reply
If I were in the market to buy strictly silver for the $300, first of all, Provident is a good choice. If I had to pick, ASE's and Maple Leafs are my prime picks for their popularity and ease of resell. I would probably stay away from generic rounds and the ATB hockey pucks.
Valued Member
colu41's Avatar
United States
376 Posts
 Posted 08/22/2012  2:25 pm  Show Profile   Bookmark this reply Add colu41 to your friends list Get a Link to this Reply
I definitely dont buy generic rounds. I do have a few ASEs added to my order. So far I have 3 ASEs and 5 JM 1 oz bars. Hmm. What to do, what to do
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Ed_B's Avatar
United States
4008 Posts
 Posted 08/22/2012  5:25 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply

Quote:
I would buy lots of beer and go fishing.

Now THAT is a man after my own heart!
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