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RacerCool

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Everything posted by RacerCool

  1. 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.
  2. 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.
  3. If someone is a collector then the more expensive coin might be the one they're looking for. Otherwise if you're just looking for silver then you might likely buy the cheaper coin. Or maybe you hate Canadians so then you'll avoid the Maple leaf.
  4. True, if you're in the speculative market to invest that way. My perspective is from trying to obtain something more intrinsically valuable. I say "more intrinsically" because even metals that have been historically considered valuable can be worthless if there's no market or means of using them. But all you can do is try to understand what's possibly going to have value (ie- usefulness) in the future.
  5. My opinion is that collector coins that aren't actually made of precious metals are not worth buying. What are you going to do with them? They're just going to cost money and take up space. And for what? They're very very very likely not going to be worth any more than you paid for them. But that being said, everyone has their reasons.
  6. 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.
  7. 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.
  8. Is this the first king Charles coin officially minted? Also, it's sterling silver (92.5% silver)which is what a circulated coin would likely be (or 90% silver). They are likely sticking to that as tradition.
  9. 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.
  10. I'll be super generous and offer the dealer 2x the silver price. I'll give them $0.58 per ounce! Because that's how awesome I am.
  11. 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).
  12. The owl is perfectly appropriate if you understand who Britannia actually is. She might be the same entity as Colombia (Lady Liberty, whatever), the Mexican Victoria, or any of those female national spirit personifications. Regardless, she's probably Athena (Greek) or Minerva (Roman). The owl would be called "Minerva's owl" and is often seen with her in images. Though when it comes to Colombia/Lady Liberty, as in the Statue of Liberty, there's debate on who or what that actually is.
  13. 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.
  14. 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.
  15. For the unwashed maybe the coin should be stamped with two beer pints showing how much it's worth. Or something similar.
  16. I haven't yet. I used some isopropyl alcohol to remove the smudges, while wearing nitrile gloves. I gently tried to wipe the alcohol away but just ended up moving smudges around. Though some of it came off. I'll try the baking soda idea.
  17. We all need to stop going out to sea floating on old patched up inner tubes!
  18. 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.
  19. I don't think it's that easy, just melting them down. Look up sreetips on youtube. He's a jeweler and he has tons of videos on how he melts and separates precious metals from things like electrical contacts, junk metal, etc. It involves various chemicals and multiple processes. Then again he often tries to separate gold from various alloys so maybe it's the gold that's the difficult metal. But silver seems like it takes a lot to separate from other metals.
  20. I wouldn't argue against that possibility. Though I prefer not to insult the bumpkin and instead call them "university educated". "That's Latin, darling. Evidently Mr. Ringo here is an educated man. Now I really hate him." Also, it's Freedom Fries, thank you very much.
  21. RacerCool

    US 50 dollar

    Yes please! I'll take a several of them and a handful of the the half unions and a bunch of the little $20 double eagles as pocket change.
  22. The details in Victorian era coins are amazing. I'm often amazed at how a talented artist can pull detail and dimension out of a small essentially two dimensional medium.
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