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RacerCool

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  1. Haha
    RacerCool got a reaction from Dobber in Three Kilo+ Milestone Reached   
    Meh. Get back to us when you actually get serious about stacking gold. 
     

    By the way, good job. My goals are more modest but hey we have to have goals.
  2. Haha
    RacerCool got a reaction from 9x883 in Three Kilo+ Milestone Reached   
    Meh. Get back to us when you actually get serious about stacking gold. 
     

    By the way, good job. My goals are more modest but hey we have to have goals.
  3. Like
    RacerCool got a reaction from MrStacker in Exit strategies?   
    The Kardashians look like Hispanics, like they could be from South America.  I don't think they are but that's what their appearance is.  Beyond that I can't tell you anything other than they're famous because they're famous, and that they're toxic and the worst examples to girls and young women.
  4. Like
    RacerCool got a reaction from scotwasp in Exit strategies?   
    All this comes down to basic philosophical differences between investors, collectors, and stackers. My view is that gathering PMs is a matter of anticipating and preparing for the future.  It's not an investment where I try to time the market.  It's a rather black pilled expectation that the market itself will radically change, and that PMs as we know them will become foundational to that market. And so building a personal store of PMs is preparing for that future.
    Having said that, I have no real strategy beyond creating that personal store of PMs.  I've gone completely away from collecting (other than the occasional Mexican onzas/Libertads) and try to have what could be the most useful collection of coins, should the market radically change.  But even the Mexican coins fit into that plan since they're 1 oz of PM, and are widely known and recognized, and therefore have a very realistic place in a PM economy.  Any other collectible types have been or are being sold off and replaced with usable coins.
  5. Like
    RacerCool reacted to AaaGee in Just seen this. Any opinions?   
    That is why i left everything in the shop. My only interest was the silver.
  6. Like
    RacerCool reacted to Jimmock in Just seen this. Any opinions?   
    In my opinion - No. Only cause i always think about how I would move it on,and you'd be lucky to get bullion price for it down the line. 😁
  7. Like
    RacerCool got a reaction from stefffana in Silver Coins that have 29-30mm diameters?   
    Another option is US silver half dollars which are 30.6 mm.  Maybe that's too big if 30 mm is the actual upper limit and not an approximation.
    Canadian gold and platinum Maples are 30 mm.
    Mexican 1/2 oz gold Libertads are 29 mm.
     
  8. Like
    RacerCool got a reaction from Magritte in Do you stack historical silver coins?   
    My view is that a coin should be at least 90% silver to be worth having, because they cost money, they are heavy, and they take up space.  So if I'm going to have it then it should be worth keeping.
    My collection, if it hadn't been lost in that tragic event, would include mostly historical coins, which were minted by governments.  Not because I trust or am in love with gov't but because these coins are known and accepted.  For example, 1955-1960 Mexican 10 pesos crown-sized coins.  Those are beefy chunky silver coins!  For smaller coins, it's US pre-1965 silver dimes.  Because they're known coins they should be more practical and usable if silver coinage becomes currency again.
    Same principle applies to gold stacking.
  9. Like
    RacerCool got a reaction from goldsilverdash in Do you stack historical silver coins?   
    My view is that a coin should be at least 90% silver to be worth having, because they cost money, they are heavy, and they take up space.  So if I'm going to have it then it should be worth keeping.
    My collection, if it hadn't been lost in that tragic event, would include mostly historical coins, which were minted by governments.  Not because I trust or am in love with gov't but because these coins are known and accepted.  For example, 1955-1960 Mexican 10 pesos crown-sized coins.  Those are beefy chunky silver coins!  For smaller coins, it's US pre-1965 silver dimes.  Because they're known coins they should be more practical and usable if silver coinage becomes currency again.
    Same principle applies to gold stacking.
  10. Like
    RacerCool reacted to SilverJacks in How will silver help against CBDC’s   
    Is there a better option? If you're locked out of the financial system, maybe you could be locked out of the internet, in which case you would only have physical goods to trade with. Perhaps owning things of more practical value - bike parts comes to mind. Bikes may become more popular in future. Supply chain issues were very bad for bikes at the height of the pandemic and the price of everything went up (new and second hand). Good thing about bike parts/components is they adhere to an industry standard and a largely interchangeable between manufacturers. 
    Went off on a tangent there. Clothes, long life food, whatever is of practical use 🤷‍♂️. Monetarily speaking, I don't see anything better that physical PM...
  11. Like
    RacerCool got a reaction from artalien in Is 100oz Silver Enough?   
    How's that country song go?
    "No such thing as too much money
    A girl too pretty, with too much class
    Being too lucky
    A car too fast"
     
  12. Like
    RacerCool reacted to Shinus73 in How are you currently buying silver?   
    Junk silver as close to spot as possible, 10 oz bars when I see a bargain and recently back to buying any pre-2013 Britannias I can find at the right price.
  13. Like
    RacerCool got a reaction from TheShinyStuff in How are you currently buying silver?   
    I generally will buy a roll of uncirculated silver dimes or half dollars.  Or the occasional 1 oz silver Libertad to slowly round out the collection.
  14. Super Like
    RacerCool got a reaction from Darr3nG in How are you currently buying silver?   
    I generally will buy a roll of uncirculated silver dimes or half dollars.  Or the occasional 1 oz silver Libertad to slowly round out the collection.
  15. Like
    RacerCool got a reaction from Colnago in Gold, What have you got most of?   
    As for gold coins I prefer Mexican and US, and always stick to fractionals.
    Before that terrible and unfortunate perfect storm that included a train wreck, boating accident, and nuclear attack, all at the same time and place, I used to have 5 peso coins (approx 1/8 oz) and 5 dollar coins (approx 1/4 oz).
  16. Like
    RacerCool got a reaction from stefffana in How Not to Invest / Collect / Stack Proof Gold and Other Coins   
    Place a non-sticking tape around the capsule with words on it "LEAVE COIN IN CAPSULE DO NOT HANDLE COIN WITH BARE HANDS" in bold red letters.  The tape can easily be removed and tossed aside but they have to have seen those words before actually accessing the capsule.
    Beyond that there's nothing I can think of short of gluing the capsule shut.
  17. Like
    RacerCool reacted to Metalisreal in Is platinum a good buy or is it too new to treat the same as Gold   
    In my experience here in the US I believe the smaller fractional platinum coins and bars sell better than full oz's since stackers seem to be naturally curious about the metal and want to tale a dip in it. I think those who have the funds for a full oz would rather buy gold imho. Of course we don't have VAT or any other taxes here on PM's.
  18. Thanks
    RacerCool got a reaction from Scootermuppet in Gold coin advice - Single 1oz, Sovereigns, or multiple fractions…? 🤔   
    Unless you have a serious amount of cash to turn into 1 oz coins then I'd suggest regularly stacking fractional gold, whatever coins in decent condition you can afford.
  19. Like
    RacerCool got a reaction from James32 in Gold coin advice - Single 1oz, Sovereigns, or multiple fractions…? 🤔   
    Unless you have a serious amount of cash to turn into 1 oz coins then I'd suggest regularly stacking fractional gold, whatever coins in decent condition you can afford.
  20. Haha
    RacerCool got a reaction from SovereignBishop in There’s fake sovereigns and then there’s this   
    That's the extremely rare 1879-ish sovereign. 
  21. Like
    RacerCool got a reaction from mr1030 in Today I bought.....   
    I added two more gold coins to the stack. 
    Another $5 gold commemorative from US Mint (approx 1/4 oz), this time a 1997 FDR.  Previous owner had handled it with bare hands and got fingerprints all over it.  That irritates me to no end.  I tried to get them off but only smudged some of it around.  Whatever; I knew it and got it for spot price with free shipping.
    The other one is (again) yet another run of the mill 5 peso coin (approx 1/8 oz).  It has some copper spots on it but no biggie because I got it for 7% over spot.
     

  22. Like
    RacerCool reacted to dikefalos in Today I Received.....   
    No queue, no milkspot, no scratches, no dings & dongs, no damaged boxes, no magnet that cannot hold the coin in his presentation up, just nice to collect as a Mandalorian addicted.
    Niue 2021 Mandalorian & 2022 Grogu from the Mandalorian Classics series. 



  23. Like
    RacerCool got a reaction from Heirlooms in Today I bought.....   
    I added two more gold coins to the stack. 
    Another $5 gold commemorative from US Mint (approx 1/4 oz), this time a 1997 FDR.  Previous owner had handled it with bare hands and got fingerprints all over it.  That irritates me to no end.  I tried to get them off but only smudged some of it around.  Whatever; I knew it and got it for spot price with free shipping.
    The other one is (again) yet another run of the mill 5 peso coin (approx 1/8 oz).  It has some copper spots on it but no biggie because I got it for 7% over spot.
     

  24. Like
    RacerCool got a reaction from Midasfrog in Today I bought.....   
    Not too terribly exciting but I added another 3.6 ounces to the stack, uncirculated 1962 vintage, fractionalized of course.
    I think I got a pretty good deal too, at about $35 per ounce.

  25. Like
    RacerCool got a reaction from Midasfrog in Today I bought.....   
    I added two more gold coins to the stack. 
    Another $5 gold commemorative from US Mint (approx 1/4 oz), this time a 1997 FDR.  Previous owner had handled it with bare hands and got fingerprints all over it.  That irritates me to no end.  I tried to get them off but only smudged some of it around.  Whatever; I knew it and got it for spot price with free shipping.
    The other one is (again) yet another run of the mill 5 peso coin (approx 1/8 oz).  It has some copper spots on it but no biggie because I got it for 7% over spot.
     

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