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STONE

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    United States

Reputation Activity

  1. Like
    STONE got a reaction from Wackattak924 in Britannia 2017 20 OZ PF69 PRICE CHECK   
    Ungraded they are going for around $1400. A PF70 UC should fetch top dollar but this coin already has a few negatives going on. The design wasn't very popular for starters and now they make a 20 oz. version which reduces the quantifiable buyers market by even less. Your now trying to sell a coin to a subset of a subset of possible buyers. There is a reason MCM still has them in stock, its a very small few who actually want that coin. The royal mint still has the one ounce and five ounce 2017's IN STOCK!  That tells me they are VERY unpopular. Only 7500 one ounce minted and they have only sold 65% of the original stock. That is pathetic!  Don't fall for mintage numbers either its all a sales gimmick. If they mint a coin that has a mintage number of 10 and nobody wants it, it really becomes irrelevant. If you really want to know what a coin is worth, before you buy it, call around to the places you would sell to and see how much they will pay you for it. Call MCM tomorrow and tell them you have that coin in that same configuration and ask them what they will pay you for it. Prepare to be shocked because what you can sell it for is what it is really worth. In fact I challenge everyone on this forum to do that exact exercise BEFORE every purchase. It keeps things in perspective. Liquidity should be at the forefront of every purchase...
    Right now I can get 111 one ounce 2019 silver Brits for $2000.00   Which is better? 20oz. or 111ozs.?  Even if a guy were never to sell and pass it down to his kids, in 40 years at that ratio they would have thousands of ounces of extremely liquid coins instead of a bunch of one off hard to sell trinket's.
  2. Sad
    STONE got a reaction from Wackattak924 in Royal Mint Britannia bars   
    I will probably get flamed but that is one ugly bar. Baird, PAMP, Perth, Engelhard, Degussa, JM, now those are classy bars. Simple and elegant make a great bar. There is WAY to much design going on in that bar. Its like they had to much thought into it... Sorry, love my Britannia's but that thing is hideous.  
     
  3. Like
    STONE got a reaction from Wackattak924 in Britannia 2017 20 OZ PF69 PRICE CHECK   
    Ungraded they are going for around $1400. A PF70 UC should fetch top dollar but this coin already has a few negatives going on. The design wasn't very popular for starters and now they make a 20 oz. version which reduces the quantifiable buyers market by even less. Your now trying to sell a coin to a subset of a subset of possible buyers. There is a reason MCM still has them in stock, its a very small few who actually want that coin. The royal mint still has the one ounce and five ounce 2017's IN STOCK!  That tells me they are VERY unpopular. Only 7500 one ounce minted and they have only sold 65% of the original stock. That is pathetic!  Don't fall for mintage numbers either its all a sales gimmick. If they mint a coin that has a mintage number of 10 and nobody wants it, it really becomes irrelevant. If you really want to know what a coin is worth, before you buy it, call around to the places you would sell to and see how much they will pay you for it. Call MCM tomorrow and tell them you have that coin in that same configuration and ask them what they will pay you for it. Prepare to be shocked because what you can sell it for is what it is really worth. In fact I challenge everyone on this forum to do that exact exercise BEFORE every purchase. It keeps things in perspective. Liquidity should be at the forefront of every purchase...
    Right now I can get 111 one ounce 2019 silver Brits for $2000.00   Which is better? 20oz. or 111ozs.?  Even if a guy were never to sell and pass it down to his kids, in 40 years at that ratio they would have thousands of ounces of extremely liquid coins instead of a bunch of one off hard to sell trinket's.
  4. Like
    STONE got a reaction from Wackattak924 in Britannia 2017 20 OZ PF69 PRICE CHECK   
    Ungraded they are going for around $1400. A PF70 UC should fetch top dollar but this coin already has a few negatives going on. The design wasn't very popular for starters and now they make a 20 oz. version which reduces the quantifiable buyers market by even less. Your now trying to sell a coin to a subset of a subset of possible buyers. There is a reason MCM still has them in stock, its a very small few who actually want that coin. The royal mint still has the one ounce and five ounce 2017's IN STOCK!  That tells me they are VERY unpopular. Only 7500 one ounce minted and they have only sold 65% of the original stock. That is pathetic!  Don't fall for mintage numbers either its all a sales gimmick. If they mint a coin that has a mintage number of 10 and nobody wants it, it really becomes irrelevant. If you really want to know what a coin is worth, before you buy it, call around to the places you would sell to and see how much they will pay you for it. Call MCM tomorrow and tell them you have that coin in that same configuration and ask them what they will pay you for it. Prepare to be shocked because what you can sell it for is what it is really worth. In fact I challenge everyone on this forum to do that exact exercise BEFORE every purchase. It keeps things in perspective. Liquidity should be at the forefront of every purchase...
    Right now I can get 111 one ounce 2019 silver Brits for $2000.00   Which is better? 20oz. or 111ozs.?  Even if a guy were never to sell and pass it down to his kids, in 40 years at that ratio they would have thousands of ounces of extremely liquid coins instead of a bunch of one off hard to sell trinket's.
  5. Like
    STONE got a reaction from Cking83 in Bars Photo Thread...   
  6. Like
    STONE got a reaction from JinKesef in How’s my pour?   
    Not bad!  Would like to see a .999 and weight stamp though...
  7. Like
    STONE got a reaction from MickD in Silver mules   
    I had to look that one up, never heard of it.
    "For those unaware of the meaning of the term mule, it is described as a coin mistakenly created with the obverse die of one coin and the reverse die of another coin. The terms origin refers to the offspring of a male donkey and female horse. Mule coins are generally rare and worth more than standard versions.
    The two silver coins affected by the error are the 2014 £2 Britannia silver bullion coin and the 2014 £2 Lunar Year of the Horse silver bullion coin. The Royal Mint estimates that approximately 17,000 Britannia silver coins were struck with the obverse intended for the Lunar coin and approximately 38,000 Year of the Horse silver coins were struck with the obverse intended for the Britannia coin."
  8. Like
    STONE got a reaction from MickD in Silver mules   
    I had to look that one up, never heard of it.
    "For those unaware of the meaning of the term mule, it is described as a coin mistakenly created with the obverse die of one coin and the reverse die of another coin. The terms origin refers to the offspring of a male donkey and female horse. Mule coins are generally rare and worth more than standard versions.
    The two silver coins affected by the error are the 2014 £2 Britannia silver bullion coin and the 2014 £2 Lunar Year of the Horse silver bullion coin. The Royal Mint estimates that approximately 17,000 Britannia silver coins were struck with the obverse intended for the Lunar coin and approximately 38,000 Year of the Horse silver coins were struck with the obverse intended for the Britannia coin."
  9. Like
    STONE got a reaction from MickD in Silver mules   
    I had to look that one up, never heard of it.
    "For those unaware of the meaning of the term mule, it is described as a coin mistakenly created with the obverse die of one coin and the reverse die of another coin. The terms origin refers to the offspring of a male donkey and female horse. Mule coins are generally rare and worth more than standard versions.
    The two silver coins affected by the error are the 2014 £2 Britannia silver bullion coin and the 2014 £2 Lunar Year of the Horse silver bullion coin. The Royal Mint estimates that approximately 17,000 Britannia silver coins were struck with the obverse intended for the Lunar coin and approximately 38,000 Year of the Horse silver coins were struck with the obverse intended for the Britannia coin."
  10. Haha
    STONE reacted to sovereignsteve in NEW SILVER PROOF BRITANNIA 6PC SET   
    Yes, look at the arse on that lion😂
  11. Like
    STONE got a reaction from StackSellRepeat in NEW SILVER PROOF BRITANNIA 6PC SET   
    The problem with buying it then sending it out for grading is they may come back at PFUC69 or worse at a 68. Now you have paid for the set, paid for grading and its still only worth your initial buy in cost because a 68 or 69 doesn't bring the value up much, if at all.  Its far better to buy a set that is graded already at PFUC70 (proof ultra cameo) Initial cost will be more but depending on collectability, eventually they will be worth more. It also depends on how many grade out at a 70. The less the better(scarcity)
  12. Like
    STONE got a reaction from Joe637 in SHTF Hypothetical   
    I see what your saying but silvers value is already within its self. "It is" money. Its barter ability has been proven throughout history. If I have 5 loaves of bread and you have silver to trade for it, the value will be established between you and me. We will find common ground when both party's feel that they are getting a good deal in the transaction. An ASE doesn't have its derived confidence of value based on "who" minted it but on the fact that its value is within itself just as a loaf of bread has value because someone needs it. Currently the USD is utterly worthless since there is nothing of "value" backing it. The reason it still works as a trade vessel is because of the "perceived confidence" in its value. People believe that if they receive a dollar they can turn around and use it again to trade for something else. When reality sets in and it takes thousands of those dollars to buy a loaf of bread people will not trade for them and will seek out a new form of currency. In a SHTF scenario, value will be placed on items that are necessary to survive or the trade ability in an item to be able to get what one needs. Whether its silver/gold, bread, toilet paper, ammo it doesn't matter because value is placed on an item based on necessity. Will there be people that don't understand the actual value of PM's in a SHTF scenario? Yes, but they will catch on quickly if they want to survive. Right now is an amazing time for silver, the fact that I can take something that has no value(FRN's) and trade it for something that is value(PM"s) is the deal of a lifetime. I don't compare the price of silver in dollars, its just a trade. Fake money for real money! Hell yeah! If you want to see silver and gold's real value based on FRN's have a look at the US debt clock, lower right hand corner. Silver is $598 and gold is $4796. There is a reason JP Morgan, Russia, China and many other big players are stacking precious metals hand over fist. They know the current monetary Ponzi scheme is cracking at the seams and at the end of the day the only real store of wealth is precious metals...
  13. Like
    STONE got a reaction from JinKesef in How do you stop milk spots?   
    Pacific silvercloth prevents milk spots. Been using it for a few years now, works great! https://silverguard.com/collections/authentic-pacific-silvercloth-by-the-yard
    Don't buy cheap knockoffs, get the real thing.
  14. Like
    STONE got a reaction from Kookaburracollector in Why Newbies Need to do their Research   
    On most of the other forums I am on there is a minimum post count you have to have before you can buy and sell there. 25-50 posts should be a minimum.
  15. Like
    STONE got a reaction from Kookaburracollector in Why Newbies Need to do their Research   
    On most of the other forums I am on there is a minimum post count you have to have before you can buy and sell there. 25-50 posts should be a minimum.
  16. Thanks
    STONE got a reaction from Groundz in Good purchase?   
    Yep, its an Apmex exclusive. Probably made by Golden State mint or Sunshine minting.
    https://www.apmex.com/product/65011/1-oz-silver-round-apmex-2012-year-of-the-dragon
  17. Like
    STONE got a reaction from Zhorro in Gold Price prjection - what do you think?   
    " buying and selling paper gold and silver is almost fraudulent"   It is fraudulent. They create silver out of thin air by creating contracts. Then sell that contract(which technically is non-existent) since there is no real product to fulfil it. They have to do this to suppress the real price of gold and silver. In 2011 the only reason silver stopped going up is because the price suppression was reinstated. If gold and silver were released to find their true value(or equilibrium) all paper currency's would be toast. The US Gov. knows this and allows it to happen because their giant Ponzi scheme with the banks will end if they didn't. Their house of cards is starting to crumble, you can only manipulate something for so long before it all comes crumbling down.
    "This makes for a 250 to 1 ratio between the « paper » market and the physical silver market.
    This would mean that, for every ounce of physical silver, there are 250 ounces of « paper » silver circulating in several financial products. In other words, only one contract or certificate issued out of 250 would be convertible in physical silver.
    The disconnect between physical and « paper », or virtual, markets is considerable.
    The financialisation of the silver market is resulting in a leverage of 250 to 1.
    (The multiplication of those financial products on silver has skirted investors’ demand from the real physical market, thus creating a virtual silver supply without putting any pressure on the physical silver market. A roundabout way of keeping the price low.)"
     
    On the flipside they use the manipulation to keep the price from going below AISC of production. To low and the mines shut down, game over. To high and the currency's implode, game over. They have been walking a tightrope for far to long.
    I don't value gold and silver in relation to the USD. If I did it would have to have a ratio of 1:1 compared to the amount of dollars in circulation. That means silver should be around & $700 and gold is $5500. The truth is that they have been suppressing it for so long, and keep moving the yardstick on how to measure inflation its hard to know. Here is a quote from a guy on another forum:
    "People are suckers if they are buying gold and silver and VALUING that gold and silver in terms of worthless paper dollars, and who think they are losing when the dollar price of silver and gold go down.
    A gold ounce 900 years ago is still a gold ounce today. The dollar price of gold and silver is IRRELEVANT. Gold and silver did not all of a sudden become valuable when America was born and the dollar was created.
    Gold and silver are MONEY and are ASSETS. PERIOD!
  18. Like
    STONE got a reaction from KevinFlynn in Stacking Heraeus silver 1 oz from Singapore   
    I guess it comes down to personal preference and the fact that you can classify bars into two categories, generic and premium. some of the premium bars are:
    Engelhard, Johnson Matthey, Pamp Suisse, Heraeus, Scottsdale, etc. Some of the generic brands are: Sunshine mint, Republic metals corp., Asahi, Silvertowne, etc. I would go with a well recognized brand that has been in business for a while with a history of solid business practices. I have not personally heard of Nadir refinery but you can research them and come to your own conclusion. For me, I like Engelhard, Johnson Matthey and Heraeus. I prefer the premium bars over the generics. In the USA, where I live, I can get more for premium bars(when I sell) than generics, plus I like the way they look! Price over spot (premiums) is an important factor when looking to purchase but name brand and resale value come into play as well. If Nadir is a well known and a respected refinery where you live and you like the looks of the bar, go for it. The buy sell spread is just to give you an idea of what you can expect when you go to sell. Remember, precious metals are for long term storage. If you buy today and sell tomorrow you will lose money. So if you have what it takes to buy it, store it, and put it away for a long time then go for it. And remember rule #1   If you don't hold it you don't own it! Which means, always, always, always, take physical possession of your purchases...
     
       
     
     
  19. Like
    STONE got a reaction from Gildeon in Stacking Heraeus silver 1 oz from Singapore   
    Personally I would stay away from 1 ounce bars. Logistically, when you get to 1000 oz. its easier to store and transport larger bars like 10 oz., 1000g and 100 oz. bars. It looks like Bullionstar lists their buyback prices on their website, https://www.bullionstar.com/sell/ so you can compare the buy sell spread at the time of purchase. Coins are a good investment but I would find out which ones are the most popular in your country and go with those. In the USA for me, the silver eagles are the ones that hold their value the best. I would stay away from the maple leafs since they are prone to milk spotting after purchase and decreases their value significantly. Its good you are thinking about liquidity at the time of purchase but silver is a long term play and its best to buy it, put it away and forget about it. If you are like the rest of us once you get to 1000 oz. then you will want to go to 2000 oz. next. At that point having thousands of little one ounce bars can be a real pain in the backside. Stacking 10 oz., 1000g bars, and coins in tubes will help to keep your stack consolidated. Imagine when you get to 5000 oz. and you have to mail out or take all those little bars down for re-sale, you will be glad you went with larger bars...
  20. Thanks
    STONE got a reaction from dicker in How much?   
    Personally I have always felt that MS graded coins are kind of a scam. At the end of the day its just a bullion coin with a fancy package on it. I would only pay for it what I could sell it for. For me, I only do proof graded coins and only acquire the highest grade, PFUC70. Usually at Ebay auctions.
  21. Haha
    STONE got a reaction from daz in why are we not buying this   
    And your sidearm...
  22. Haha
    STONE got a reaction from RogerBelmar in Next queens beast?   
    Now that the bull has dropped, so to speak. Does anyone have any idea which one is coming next? I believe there are 10 in all and I am committed to getting the whole series... 
  23. Like
    STONE got a reaction from jonathansheyX in Libertad   
    What are your stacking goals? First and foremost never buy based on emotions. Go back through the last 4-5 years of that exact coin and see what they are selling for. For the price of that graded one you can get 3 ungraded ones. https://www.ebay.com/itm/PROOF-LIBERTAD-MEXICO-2018-1-oz-Proof-Silver-Coin-in-Capsule/143047300840?hash=item214e4896e8:g:7IcAAOSwOhda9cJ2:rk:1:pf:0
    I have purchased these from this seller, he is GTG! $33.58 with free shipping is a great deal! Best of all, It “Comes directly from the mint with coin in capsule.”
    You can buy 10 of these and send them to NGC for grading. Who knows, you may have several 70UC in the lot. Its a win win for you.
    There is a saying in the Numi world, "buy the coin, not the holder"
  24. Like
    STONE got a reaction from Tn21 in Chinese Silver Pandas   
    I would say both. There is a guy on here that pretty much knows everything about Pandas. I am sure he will chime in soon...
  25. Like
    STONE got a reaction from intelinside in Which silver is best to buy when price is so low?   
    Remember this: Buy low, sell high. The premium on eagles can be re-cooped when selling. Bars will normally sell for around a dollar under spot. Eagles will sell for anywhere between .50-$3.00 over spot depending on the buy sell spread at the point of sale. Phone first. If the price is rising it will be closer to the three dollar point and if its falling its closer to .50. Been there done that. Right now the premium bars like Johnson Matthey and Engelhard are the same as the generic bars so there is no reason not to get them. Keep your eyes open for sales, shop around. Last week JM bullion had the 2018 ASE for $2.39 over spot...