Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Join Thousands of Coin, Bullion, & Money Collectors 300,000 items to help build your collection! Vancouvers #1 Coin and Paper Money Dealer Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Royal Estate Auctions - $1 Coin AuctionsCoin, Banknote and Medal Collectors's Online Mall Specializing in Modern Numismatics








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

Looking For A Source To Buy Silver From

To participate in the forum you must log in or register.
Author Previous TopicReplies: 18 / Views: 4,590Next Topic
Page: of 2
Pillar of the Community
basicbob101's Avatar
United States
819 Posts
 Posted 07/10/2010  12:36 pm  Show Profile   Bookmark this reply Add basicbob101 to your friends list Get a Link to this Reply
carmykyle....I remember when silver was $5 an ounce, I only bought 10 1-oz bars back then, now I wish I had loaded up!

OK, I have ruled out 40% based on comments above, probably will be looking a ASE, 90% bags, etc. If you buy a $1000 bag of 90% does it come sealed? do you have to open and inspect it for shortages, etc or leave it sealed for resale? just asking, never bought any before.
Bedrock of the Community
BH1964's Avatar
United States
10982 Posts
 Posted 07/10/2010  4:38 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply

Quote:
If you buy a $1000 bag of 90% does it come sealed? do you have to open and inspect it for shortages, etc or leave it sealed for resale?


I've only bought $100 bags and they were sealed with a crimped steel collar that I removed. I don't think it made a difference as to whether it was sealed or not but with a $1,000 bag it might. You should ask the seller.

Remember those $1,000 bags are huge. Like a 55 pound duffel bag and $13,000 to boot. The coins tend to be pretty poor also. I've enjoyed buying AU or BU rolls for a small premium over melt much more. Franklin halves, Washington quarters and Roosevelt dimes are often available in AU/BU rolls for a very small premium over melt.
ANA #R3154474
Valued Member
Nicholas's Avatar
United States
56 Posts
 Posted 07/10/2010  6:52 pm  Show Profile   Bookmark this reply Add Nicholas to your friends list Get a Link to this Reply
Is it bad to pay a small premium that ASE brings due to numismatic value?

If I am paying 20% over spot due to it being an ASE, that's fine. If silver rises 20% in value, then ideally the ASEs will still be selling at 20% over spot which means an even bigger return on my investment.

I recently acquired some silver recently but I'm reluctant to acquire too much. It can crash just as hard as it can rise, but I hate to put all my eggs in one basket...or even to stick with just eggs.
  Previous TopicReplies: 18 / Views: 4,590Next Topic
Page: of 2

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.22 seconds to rattle this change. Forums