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So What Did You Buy During The Dip Today?

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Namachieli's Avatar
United States
2120 Posts
 Posted 09/22/2011  11:46 pm Show Profile   Bookmark this topic Add Namachieli to your friends list Get a Link to this Message Number of Subscribers
Got all you see here at 26.5x, and yes, those are full rolls of the coin shown.

Plus I picked up a 1/10th Pt and am 1857 10 Franc (.0933 agw).

What did you guys get?

So-What-Did-You-Buy-During-The-Dip-Today?
Edited by Namachieli
09/22/2011 11:47 pm
Valued Member
Bluntedbobylon's Avatar
United States
247 Posts
 Posted 09/23/2011  12:35 am  Show Profile   Bookmark this reply Add Bluntedbobylon to your friends list Get a Link to this Reply
Kind of a general question to all really but how is it that every one seems to be able load up on silver/gold at or around spot prices on these dips? I can't seem to find a dealer anywhere that doesn't act like a gas station/oil company in the sense that they will raise prices in a heartbeat along with the market but is VERY slow to lower prices. I fully understand the need to protect your profits and it's almost impossible to price accordingly with this volatility but who do you guys buy from that actually seems to price and sell along with the ups and downs of the spot price?
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Namachieli's Avatar
United States
2120 Posts
 Posted 09/23/2011  12:55 am  Show Profile   Bookmark this reply Add Namachieli to your friends list Get a Link to this Reply
I'm one of the lucky ones. I have a great rapport with my Dealer (and his team).

Plus they have a running thing that if you clear them out of a certain kind of silver, they give you a good discount.

You just have to know who to buy from, who to sell to, and who to buy/sell at time of drastic moves in the market.
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wrestling_135's Avatar
United States
802 Posts
 Posted 09/23/2011  01:01 am  Show Profile   Bookmark this reply Add wrestling_135 to your friends list Get a Link to this Reply
I didn't pick up anything, however I did kick myself in the face after seeing my stock prices cut in half over the past two months. Some days I hate investments. If I wasn't down so much on stocks, I would have picked up some PMs in a HEARTBEAT.

Yes, PMs should go back up. I thought that after the $50 silver retracement when I bought a LOT at $45 thinking I was doing good. And look where I'm at now :(
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harrison2's Avatar
Mexico
1304 Posts
 Posted 09/23/2011  01:22 am  Show Profile   Bookmark this reply Add harrison2 to your friends list Get a Link to this Reply
Dip? I don't think it's over just yet...actually, I'm hoping things will hold out until the big show in Mexico City at the end of the month. :)
Pillar of the Community
United States
619 Posts
 Posted 09/23/2011  02:05 am  Show Profile   Bookmark this reply Add CPC24 to your friends list Get a Link to this Reply
I got a 1 oz. maple at a good discount, and a few Franklins at spot. I wish I had the cash to buy whole rolls!
Edited by CPC24
09/23/2011 02:07 am
Valued Member
everything's Avatar
United States
493 Posts
 Posted 09/23/2011  02:06 am  Show Profile   Bookmark this reply Add everything to your friends list Get a Link to this Reply
Last weekend I bought 7 1941 walking liberties for 14.33 each shipped off ebay. I see silver almost dipped all the way to 34 tonight. Found a new dealer / coin store on the way to work, stopped in and bought a 1970D half for $9 today.
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Ricardocody's Avatar
United States
1204 Posts
 Posted 09/23/2011  03:07 am  Show Profile   Bookmark this reply Add Ricardocody to your friends list Get a Link to this Reply
I kind knew the silver would go down the way it did after reach $50 oz ! Come on guy silver is not gold !
I wanted to sell when it was $50 but I hold it untill $43 then I said enough . Good thing I bought when it was $27 oz so I did good though.
Edited by Ricardocody
09/23/2011 03:10 am
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rjkingston's Avatar
United States
642 Posts
 Posted 09/23/2011  03:15 am  Show Profile   Bookmark this reply Add rjkingston to your friends list Get a Link to this Reply
The Fed's not-so-quiet new round of Quantitative Easing is going to drive short term silver down even further IMHO.

We'll see I guess
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trout1105's Avatar
Australia
7096 Posts
 Posted 09/23/2011  03:39 am  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply
Nothing yet.
If it gets below $30 I'm in there boots an all
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Gecko's Avatar
Australia
278 Posts
 Posted 09/23/2011  04:32 am  Show Profile   Bookmark this reply Add Gecko to your friends list Get a Link to this Reply
Second to what Trout said!
I have started collecting silver since I got sent some from the US.
Now I just cant get enough hahaha I love the look and how they feel in the hand.
So once I have a the right amount of post's up I am willing to trade Aussie coins for stuff like Buffalo's and such.
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trout1105's Avatar
Australia
7096 Posts
 Posted 09/23/2011  04:43 am  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply
I'd stick with the pre decimal Aussie silver Gecko.
Anything before 1946 is striling silver and 1946 onwards are 50% silver.
See if you can get them for spot and noodle them for the gems
The US coins are 90% and 40%.
The Aussie coins have a higher silver content and quite a few have great numistic value also
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Namachieli's Avatar
United States
2120 Posts
 Posted 09/23/2011  2:50 pm  Show Profile   Bookmark this reply Add Namachieli to your friends list Get a Link to this Reply
I wish I woulda bought during Todays dip!

Oh well. better something than nothing.
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throwbackid's Avatar
1283 Posts
 Posted 09/23/2011  5:28 pm  Show Profile   Bookmark this reply Add throwbackid to your friends list Get a Link to this Reply
Im all in. 100 2011 ASE $33 something each, good thing I have a job. This thing is making me real nervous though.
Valued Member
chris beatie's Avatar
344 Posts
 Posted 09/23/2011  6:11 pm  Show Profile   Bookmark this reply Add chris beatie to your friends list Get a Link to this Reply
@ IanMPrice Did you pay 26.5x face or 26.5 per troy oz silver?

I have bulk quarters for 26x face if needed... just saying :D. Most are ranging from vf-20 to au-55.
Pillar of the Community
United States
648 Posts
 Posted 09/23/2011  6:22 pm  Show Profile   Bookmark this reply Add tripncoins to your friends list Get a Link to this Reply
In the past two days, I've bought 100 oz's of silver. Today, I picked up 50 oz's @ 31 dollars an oz. All Engelhard 10oz bars. Let it drop more - I welcome it with open arms.

So-What-Did-You-Buy-During-The-Dip-Today?
Edited by tripncoins
09/23/2011 7:39 pm
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