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Very unique piece, white sands new Mexico, much mystery out that way eh...
Very unique piece, white sands new Mexico, much mystery out that way eh...
Indeed there is. There is also some family history in this. In the late 1950s and early 1960s, my Dad was a US Army missile launch control officer and instructor in guided missile electrical systems. He often went to the White Sands testing range for "shoots". It was a top secret base back then and only US military personnel and a few heavy weight politicians with high security clearances could get in. Anyway, he would tell my family about how things went with the shoot and we would all listen very attentively. He did not relate any details, just the general activity. We knew that we were hearing history in the making.
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My mom went to New York in 2001, and bought a bunch of twin tower silver rounds for like 10 bucks each, and she gave me 8 of them to get started back in the beginning of the year, when I said I was interested in getting into coin collecting....
My mom went to New York in 2001, and bought a bunch of twin tower silver rounds for like 10 bucks each, and she gave me 8 of them to get started back in the beginning of the year, when I said I was interested in getting into coin collecting....
Now that is awesome. Your Mom did you a HUGE favor with that and what a great way to start collecting. Those coins are going to be worth BANK someday. Hang on to them until you can either make a great purchase with them or pass them on to the next generation.
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Another fine example, no matter how low silver falls (And I think in this day an age it can only fall so far, I mean four dollar silver an oz., I will believe that when I see it or 1.50 gas per gallon), certain coins will always fetch a nice profit....
Another fine example, no matter how low silver falls (And I think in this day an age it can only fall so far, I mean four dollar silver an oz., I will believe that when I see it or 1.50 gas per gallon), certain coins will always fetch a nice profit....
Silver will be volatile and there is no way around that. We can profit from that if we buy and sell carefully but for the most part, collectors do not worry too much about the current price of silver. It goes up, it goes down, and we will always buy a little here and there no matter what.
As to that terribly expensive gasoline... is it really all that expensive? If we think about it in terms of silver, no not really. A gallon of gas costs about $4 today. With silver at $36 an oz., that would be 1/9th or 0.111 of an oz. A 90% silver quarter contains about 0.18 oz. of silver, so would buy 1.6 gallons of gas. A 16 gallon tank can be filled for $2.50 in silver. That may seem like a lot to the younger folks on here who appreciate the price of silver but a lot of us older folks remember when a silver dollar WAS $1 and not $35-40 like it is today. So, all you people out there who are hollering about the "high price of gas"... just understand that gas isn't high - our money is just too cheap to buy much of it anymore.




















