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Choose Wisely :d

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Pillar of the Community
Libertad's Avatar
Canada
3692 Posts
 Posted 07/24/2012  7:50 pm  Show Profile   Bookmark this reply Add Libertad to your friends list Get a Link to this Reply
@harrison: That's amazing, I had not known that! I'm not selling, though, hah! Have you heard of David Salinas Price? He advocates (in Mexico) for a standard silver .999 ounce (the Libertad) to circulate at a set daily price where it can never go lower than the last advertised price. I wonder how practical it would be in practise, but it's an idea against inflation.

For the poll: I say .999 silver bars. .900 is nice, but I love .925 and higher. .999 can be turned into .925 quite easily if needed. Country-specific rounds are nice but their whole point is to instill trust in the quality. Bars can actually be used in industry should there be a demand for it and not ruin the numismatic supply. I'm not even sure I'm making much sense here.
Edited by Libertad
07/24/2012 7:52 pm
Pillar of the Community
Ed_B's Avatar
United States
4008 Posts
 Posted 07/26/2012  9:52 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply
Is David any relation to Hugo Salinas Price?
Valued Member
hagbard's Avatar
Canada
62 Posts
 Posted 07/27/2012  10:05 am  Show Profile   Bookmark this reply Add hagbard to your friends list Get a Link to this Reply
In this order:

1. Junk Silver
2. Country Specific 1oz (Maples, Eagles)
3. Silver Rounds
4. Silver Bars

One and Two are neck and neck.
Pillar of the Community
matthewvincent's Avatar
United States
3486 Posts
 Posted 07/27/2012  11:09 am  Show Profile   Bookmark this reply Add matthewvincent to your friends list Get a Link to this Reply
One word: familiarity!

Believe it or not, not everyone has heard
of eagles, maples, etc.
"What the heck is a round?"
"How do I know that that is not a block of lead that has been painted?"

But old silver coins, just about everyone will know them or
know of a person who has/had them.

I base this assessment on a scenario where barter has become essential.

So I agree with hagbard on the order of preference.
Valued Member
tgauchsin's Avatar
United States
344 Posts
 Posted 07/27/2012  1:44 pm  Show Profile   Bookmark this reply Add tgauchsin to your friends list Get a Link to this Reply
I'm a junk man myself.
Valued Member
United States
362 Posts
 Posted 07/27/2012  10:48 pm  Show Profile   Bookmark this reply Add ICanSeeYou7687 to your friends list Get a Link to this Reply
Meh... silver is silver to me. I just get whatever is a good deal. Or what I'm in the mood for when I have spare money
New Member
travis2005's Avatar
United States
45 Posts
 Posted 07/27/2012  10:59 pm  Show Profile   Bookmark this reply Add travis2005 to your friends list Get a Link to this Reply
I agree I have a little of everything, Mostly I prefer to own whats common so its as Liquid as possible.
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