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Whats Up With The Pm's Today?

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Pillar of the Community
coinwatch's Avatar
United States
808 Posts
 Posted 06/22/2012  10:46 am  Show Profile   Bookmark this reply Add coinwatch to your friends list Get a Link to this Reply
Barry, man...it could have happened to any of us.

HOWEVER, it is hard to argue with that chart.
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SDcoinguy's Avatar
United States
2424 Posts
 Posted 06/22/2012  5:05 pm  Show Profile   Bookmark this reply Add SDcoinguy to your friends list Get a Link to this Reply
sheesh barryg....

you should of listened to yourself.. now silver is around $26!lol

i think if one is investing in more silver, one might consider higher grade 90%.. I mean, it tends to hold higher when silver does this crazy thing...for example... I'm sure MS63 or 64 morgans tend to be more than spot, right? and they tend to stay above spot when prices dip and escalate, right? so why not go buy some MS grade franklins or WL's that will hold their value and not fluctuate quite as much?

i see now is a better time to work on your MS franklin sets.. can get some very nice franklins for $10!!
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barryg's Avatar
United States
5858 Posts
 Posted 06/22/2012  5:19 pm  Show Profile   Bookmark this reply Add barryg to your friends list Get a Link to this Reply
SDcoinguy: I actually started out collecting higher grade 90% and have a decent stack of Morgans, Peace dollars, Franklins, etc. The premiums for the good stuff are pretty steep, though, and I decided it was time to invest in some "pure" silver bullion as well. I don't plan on buying too much, since my first love really is the historic coinage, but I wanted to have at least some of it.
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barryg's Avatar
United States
5858 Posts
 Posted 06/22/2012  5:22 pm  Show Profile   Bookmark this reply Add barryg to your friends list Get a Link to this Reply
Hmmmm... As an aside, I see that goldmart has just raised the premium on their 100-ounce bars from $0.59 per ounce to $0.69 per ounce. That's only an extra $10 per bar, but still...
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throwbackid's Avatar
1283 Posts
 Posted 06/23/2012  01:23 am  Show Profile   Bookmark this reply Add throwbackid to your friends list Get a Link to this Reply
Barry,

Unless you are talking about real weight (1000 oz +) who really cares about a $.10 per oz in the long run. Buying old pour bars is just the way to go IMHO, the collectors for them will always be around and in fact from what I can see it is increasing pretty steadily. So you spend an extra $50 for a nice kilo JM bar what does it matter if you are collecting for 10 years plus like one of your previous posts said. I just add every week, and hopefully when I die my kids will say how we have 1,000 lbs plus of nice silver bars and coins. That's right I said pounds not ounces. And if life derails me or they disown me i'll sell it off piece by piece and live off that.

On a side note Goldmart has eagles for under $29.50 which is a great deal I think..
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Ed_B's Avatar
United States
4008 Posts
 Posted 06/23/2012  3:00 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply

Quote:
I don't plan on buying too much...

BAHAHAHAHAHAHA! Most of us never do but we seem to end up with quite a bit anyway!
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