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STONE

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    United States

Reputation Activity

  1. Like
    STONE got a reaction from Bullionaire in eBay is it worth it?   
    Here is what I do. And I do win a lot of auctions and have bought a lot of silver coins off of Ebay with zero issues.
    Click on the ad that you want and open the page:
    1.  Look at the area on the right labeled "seller information". 
    If their rating is not 99.5% or higher- MOVE ON!    99.5% rating for at least 5000 sales. 99.6% for 2500 or less sales 99.8% or higher for 1000 or less sales.
    THIS IS EXTREMELY IMPORTANT. HONEST AND UPRIGHT SALESMEN WANT GREAT FEEDBACK! AND WILL GO TO ALMOST ANY LENGTH TO ACHIEVE THAT.
    SELLERS THAT HAVE EXTREMELY HIGH SALES NUMBERS WILL HAVE SOME NEGATIVE FEEDBACK, ITS INNEVITABLE. BUT AGAIN, IF SOMETHING DOESNT SEEM RIGHT MOVE ON!
    2. Click on the sellers name and read through the negative feedback.  If something doesn't seem right there IS A REASON. MOVE ON!
    3. READ THE FULL DESCRIPTION AND CONDITION OF THE ITEM!!!   
    IF YOU HAVE MORE QUESTIONS THAN ANSWERS AFTER READING THE ITEMS CONDITION, MOVE ON!!
    4. THE GOLDEN RULE:  IF SOMETHING SEEMS TO GOOD TO BE TRUE, IT IS!  MOVE ON.
    5. ITEM LOCATION:  WHERE IS IT SHIPPING FROM?  THE OTHER SIDE OF THE PLANET IS NOT A GOOD PLACE TO BUY FROM. TRY AND KEEP IT AS LOCAL AS POSSIBLE.
    EXAMPLE:   I AM IN THE STATES, I "ONLY" BUY IN THE USA. I KNOW THERE ARE ALOT OF HONEST PEOPLE ON THE OTHER SIDE OF THE PLANET BUT THERE IS WAY TO MUCH THAT CAN GO WRONG BETWEEN HERE AND THERE. PROBLEMS ARE MORE EASILY RECTFIED IF THEY ARE CLOSER TO HOME.
    6. SCROLL DOWN TOO "Item specifics"   READ THROUGH THIS SECTION SLOWLY AND CAREFULLY.
    7. UPRIGHT SELLERS WILL POST AS MUCH INFORMATION ABOUT THE PRODUCT AS POSSIBLE. TO BE HONEST IF I HAVE QUESTIONS ABOUT THE COIN OR BAR AFTER READING THROUGH ALL THAT, SOMETHING IS NOT RIGHT. MOVE ON!!
    8. RETURNS:   IF THEY STATE, "WE DO NOT ACCEPT RETURNS"  MOVE ON!!   I HAVE NOT DEALT WITH ONE HONEST SELLER ON EBAY THAT WOULD NOT ACCEPT A RETURN.
    I KNOW ITS EBAYS POLICY THAT THEY HAVE TO BUT HONEST SELLERS WILL SAY THEY ACCEPT RETURNS.
    9. IF THE PHOTOS SUCK, THERE IS A REASON.  MOVE ON!! COINS SHOULD HAVE SEVERAL UP CLOSE PHOTOS SHOWING ALL OF THE DETAIL.
    10. IS THE COIN OR BAR IN THE PHOTO THE "ACTUAL COIN OR BAR"?  IF ITS A STOCK PHOTO, I WOULD MOVE ON...
    I HAVE THIS PROCESS DOWN TO WHERE I CAN VET A SELLER IN JUST A FEW MINUTES BUT TAKE YOUR TIME AND READ THE AD SLOWLY AND CAREFULLY.
    REMEMBER IF ANY RED FLAGS GO UP IN YOUR BRAIN, MOVE ON!!
    LARGER DOLLAR PURCHASES I WILL ONLY GO THROUGH ONE OF THE LARGER ONLINE DEALERS. SOME OF WHICH ALSO SELL ON EBAY.
    REGARDLESS OF WHO I BUY FROM, WHEN I GET IT, IT GETS WEIGHED AND TESTED. ALWAYS...
  2. Like
    STONE got a reaction from Bullionaire in eBay is it worth it?   
    Here is what I do. And I do win a lot of auctions and have bought a lot of silver coins off of Ebay with zero issues.
    Click on the ad that you want and open the page:
    1.  Look at the area on the right labeled "seller information". 
    If their rating is not 99.5% or higher- MOVE ON!    99.5% rating for at least 5000 sales. 99.6% for 2500 or less sales 99.8% or higher for 1000 or less sales.
    THIS IS EXTREMELY IMPORTANT. HONEST AND UPRIGHT SALESMEN WANT GREAT FEEDBACK! AND WILL GO TO ALMOST ANY LENGTH TO ACHIEVE THAT.
    SELLERS THAT HAVE EXTREMELY HIGH SALES NUMBERS WILL HAVE SOME NEGATIVE FEEDBACK, ITS INNEVITABLE. BUT AGAIN, IF SOMETHING DOESNT SEEM RIGHT MOVE ON!
    2. Click on the sellers name and read through the negative feedback.  If something doesn't seem right there IS A REASON. MOVE ON!
    3. READ THE FULL DESCRIPTION AND CONDITION OF THE ITEM!!!   
    IF YOU HAVE MORE QUESTIONS THAN ANSWERS AFTER READING THE ITEMS CONDITION, MOVE ON!!
    4. THE GOLDEN RULE:  IF SOMETHING SEEMS TO GOOD TO BE TRUE, IT IS!  MOVE ON.
    5. ITEM LOCATION:  WHERE IS IT SHIPPING FROM?  THE OTHER SIDE OF THE PLANET IS NOT A GOOD PLACE TO BUY FROM. TRY AND KEEP IT AS LOCAL AS POSSIBLE.
    EXAMPLE:   I AM IN THE STATES, I "ONLY" BUY IN THE USA. I KNOW THERE ARE ALOT OF HONEST PEOPLE ON THE OTHER SIDE OF THE PLANET BUT THERE IS WAY TO MUCH THAT CAN GO WRONG BETWEEN HERE AND THERE. PROBLEMS ARE MORE EASILY RECTFIED IF THEY ARE CLOSER TO HOME.
    6. SCROLL DOWN TOO "Item specifics"   READ THROUGH THIS SECTION SLOWLY AND CAREFULLY.
    7. UPRIGHT SELLERS WILL POST AS MUCH INFORMATION ABOUT THE PRODUCT AS POSSIBLE. TO BE HONEST IF I HAVE QUESTIONS ABOUT THE COIN OR BAR AFTER READING THROUGH ALL THAT, SOMETHING IS NOT RIGHT. MOVE ON!!
    8. RETURNS:   IF THEY STATE, "WE DO NOT ACCEPT RETURNS"  MOVE ON!!   I HAVE NOT DEALT WITH ONE HONEST SELLER ON EBAY THAT WOULD NOT ACCEPT A RETURN.
    I KNOW ITS EBAYS POLICY THAT THEY HAVE TO BUT HONEST SELLERS WILL SAY THEY ACCEPT RETURNS.
    9. IF THE PHOTOS SUCK, THERE IS A REASON.  MOVE ON!! COINS SHOULD HAVE SEVERAL UP CLOSE PHOTOS SHOWING ALL OF THE DETAIL.
    10. IS THE COIN OR BAR IN THE PHOTO THE "ACTUAL COIN OR BAR"?  IF ITS A STOCK PHOTO, I WOULD MOVE ON...
    I HAVE THIS PROCESS DOWN TO WHERE I CAN VET A SELLER IN JUST A FEW MINUTES BUT TAKE YOUR TIME AND READ THE AD SLOWLY AND CAREFULLY.
    REMEMBER IF ANY RED FLAGS GO UP IN YOUR BRAIN, MOVE ON!!
    LARGER DOLLAR PURCHASES I WILL ONLY GO THROUGH ONE OF THE LARGER ONLINE DEALERS. SOME OF WHICH ALSO SELL ON EBAY.
    REGARDLESS OF WHO I BUY FROM, WHEN I GET IT, IT GETS WEIGHED AND TESTED. ALWAYS...
  3. Like
    STONE got a reaction from Bullionaire in eBay is it worth it?   
    Here is what I do. And I do win a lot of auctions and have bought a lot of silver coins off of Ebay with zero issues.
    Click on the ad that you want and open the page:
    1.  Look at the area on the right labeled "seller information". 
    If their rating is not 99.5% or higher- MOVE ON!    99.5% rating for at least 5000 sales. 99.6% for 2500 or less sales 99.8% or higher for 1000 or less sales.
    THIS IS EXTREMELY IMPORTANT. HONEST AND UPRIGHT SALESMEN WANT GREAT FEEDBACK! AND WILL GO TO ALMOST ANY LENGTH TO ACHIEVE THAT.
    SELLERS THAT HAVE EXTREMELY HIGH SALES NUMBERS WILL HAVE SOME NEGATIVE FEEDBACK, ITS INNEVITABLE. BUT AGAIN, IF SOMETHING DOESNT SEEM RIGHT MOVE ON!
    2. Click on the sellers name and read through the negative feedback.  If something doesn't seem right there IS A REASON. MOVE ON!
    3. READ THE FULL DESCRIPTION AND CONDITION OF THE ITEM!!!   
    IF YOU HAVE MORE QUESTIONS THAN ANSWERS AFTER READING THE ITEMS CONDITION, MOVE ON!!
    4. THE GOLDEN RULE:  IF SOMETHING SEEMS TO GOOD TO BE TRUE, IT IS!  MOVE ON.
    5. ITEM LOCATION:  WHERE IS IT SHIPPING FROM?  THE OTHER SIDE OF THE PLANET IS NOT A GOOD PLACE TO BUY FROM. TRY AND KEEP IT AS LOCAL AS POSSIBLE.
    EXAMPLE:   I AM IN THE STATES, I "ONLY" BUY IN THE USA. I KNOW THERE ARE ALOT OF HONEST PEOPLE ON THE OTHER SIDE OF THE PLANET BUT THERE IS WAY TO MUCH THAT CAN GO WRONG BETWEEN HERE AND THERE. PROBLEMS ARE MORE EASILY RECTFIED IF THEY ARE CLOSER TO HOME.
    6. SCROLL DOWN TOO "Item specifics"   READ THROUGH THIS SECTION SLOWLY AND CAREFULLY.
    7. UPRIGHT SELLERS WILL POST AS MUCH INFORMATION ABOUT THE PRODUCT AS POSSIBLE. TO BE HONEST IF I HAVE QUESTIONS ABOUT THE COIN OR BAR AFTER READING THROUGH ALL THAT, SOMETHING IS NOT RIGHT. MOVE ON!!
    8. RETURNS:   IF THEY STATE, "WE DO NOT ACCEPT RETURNS"  MOVE ON!!   I HAVE NOT DEALT WITH ONE HONEST SELLER ON EBAY THAT WOULD NOT ACCEPT A RETURN.
    I KNOW ITS EBAYS POLICY THAT THEY HAVE TO BUT HONEST SELLERS WILL SAY THEY ACCEPT RETURNS.
    9. IF THE PHOTOS SUCK, THERE IS A REASON.  MOVE ON!! COINS SHOULD HAVE SEVERAL UP CLOSE PHOTOS SHOWING ALL OF THE DETAIL.
    10. IS THE COIN OR BAR IN THE PHOTO THE "ACTUAL COIN OR BAR"?  IF ITS A STOCK PHOTO, I WOULD MOVE ON...
    I HAVE THIS PROCESS DOWN TO WHERE I CAN VET A SELLER IN JUST A FEW MINUTES BUT TAKE YOUR TIME AND READ THE AD SLOWLY AND CAREFULLY.
    REMEMBER IF ANY RED FLAGS GO UP IN YOUR BRAIN, MOVE ON!!
    LARGER DOLLAR PURCHASES I WILL ONLY GO THROUGH ONE OF THE LARGER ONLINE DEALERS. SOME OF WHICH ALSO SELL ON EBAY.
    REGARDLESS OF WHO I BUY FROM, WHEN I GET IT, IT GETS WEIGHED AND TESTED. ALWAYS...
  4. Like
    STONE got a reaction from ally5727 in 10oz QB Unicorn   
    Yeah I am waiting on this one to come out. Anybody know the actual release date?
  5. Haha
    STONE got a reaction from CadmiumGreen in Germania joins Britannia and friends. New silver bullion coin   
    Plus she looks scared, like she is about to get her a$$ whooped by the Britannia...
  6. Haha
    STONE got a reaction from CadmiumGreen in Germania joins Britannia and friends. New silver bullion coin   
    Plus she looks scared, like she is about to get her a$$ whooped by the Britannia...
  7. Like
    STONE got a reaction from MickD in Best 2018 silver coins to buy   
    Always buy with liquidity in mind. "Will the oriental border fetch more than a standard Britannia when I sell"?  Probably not. Special coins(for the most part) just cost more on the front end and the extra premium could have been used towards the next purchase. I would highly encourage new stackers to do this: Take a standard Brit, ASE, maple leaf, Etc. and a special edition coin of the same maker down to your LCS or whomever you will sell to and ask what they will give you for each coin. For the most part they will buy them for the same price, somewhere right around spot. Profits are made when you buy, not when you sell. So if a standard Britannia is $17 at point of sale and the special coin is $19 at point of sale you have technically just lost $2 because of the extra premium that is rarely recouped. So, " Always buy with liquidity in mind".  When your considering a purchase you should be thinking, "what will I get for this, if and when I sell".  Even if you never plan to sell, this is still a great mind set to have when buying shiny things that can distort our logical reasoning. Never buy with emotions...
     
    " Mostly I've bought philharmonics, Canadian maples and some Libertads."
    I would highly encourage you to take one of each of these and go down to your local coin shop and ask what they will give for each. Now you can compare that to what you paid for them taking into account the change in spot price of course. Its a very enlightening experience. Watch what feelings and emotions arise when they tell you the buy back price...
     
    Edited: This isn't necessarily directed at you Josey but for folks that have only bought PM's and haven't experienced the selling end of it. Don't mean to offend you in any way...
  8. Like
    STONE got a reaction from MickD in Best 2018 silver coins to buy   
    Always buy with liquidity in mind. "Will the oriental border fetch more than a standard Britannia when I sell"?  Probably not. Special coins(for the most part) just cost more on the front end and the extra premium could have been used towards the next purchase. I would highly encourage new stackers to do this: Take a standard Brit, ASE, maple leaf, Etc. and a special edition coin of the same maker down to your LCS or whomever you will sell to and ask what they will give you for each coin. For the most part they will buy them for the same price, somewhere right around spot. Profits are made when you buy, not when you sell. So if a standard Britannia is $17 at point of sale and the special coin is $19 at point of sale you have technically just lost $2 because of the extra premium that is rarely recouped. So, " Always buy with liquidity in mind".  When your considering a purchase you should be thinking, "what will I get for this, if and when I sell".  Even if you never plan to sell, this is still a great mind set to have when buying shiny things that can distort our logical reasoning. Never buy with emotions...
     
    " Mostly I've bought philharmonics, Canadian maples and some Libertads."
    I would highly encourage you to take one of each of these and go down to your local coin shop and ask what they will give for each. Now you can compare that to what you paid for them taking into account the change in spot price of course. Its a very enlightening experience. Watch what feelings and emotions arise when they tell you the buy back price...
     
    Edited: This isn't necessarily directed at you Josey but for folks that have only bought PM's and haven't experienced the selling end of it. Don't mean to offend you in any way...
  9. Like
    STONE got a reaction from MickD in Best 2018 silver coins to buy   
    Always buy with liquidity in mind. "Will the oriental border fetch more than a standard Britannia when I sell"?  Probably not. Special coins(for the most part) just cost more on the front end and the extra premium could have been used towards the next purchase. I would highly encourage new stackers to do this: Take a standard Brit, ASE, maple leaf, Etc. and a special edition coin of the same maker down to your LCS or whomever you will sell to and ask what they will give you for each coin. For the most part they will buy them for the same price, somewhere right around spot. Profits are made when you buy, not when you sell. So if a standard Britannia is $17 at point of sale and the special coin is $19 at point of sale you have technically just lost $2 because of the extra premium that is rarely recouped. So, " Always buy with liquidity in mind".  When your considering a purchase you should be thinking, "what will I get for this, if and when I sell".  Even if you never plan to sell, this is still a great mind set to have when buying shiny things that can distort our logical reasoning. Never buy with emotions...
     
    " Mostly I've bought philharmonics, Canadian maples and some Libertads."
    I would highly encourage you to take one of each of these and go down to your local coin shop and ask what they will give for each. Now you can compare that to what you paid for them taking into account the change in spot price of course. Its a very enlightening experience. Watch what feelings and emotions arise when they tell you the buy back price...
     
    Edited: This isn't necessarily directed at you Josey but for folks that have only bought PM's and haven't experienced the selling end of it. Don't mean to offend you in any way...
  10. Like
    STONE got a reaction from MickD in Best 2018 silver coins to buy   
    Always buy with liquidity in mind. "Will the oriental border fetch more than a standard Britannia when I sell"?  Probably not. Special coins(for the most part) just cost more on the front end and the extra premium could have been used towards the next purchase. I would highly encourage new stackers to do this: Take a standard Brit, ASE, maple leaf, Etc. and a special edition coin of the same maker down to your LCS or whomever you will sell to and ask what they will give you for each coin. For the most part they will buy them for the same price, somewhere right around spot. Profits are made when you buy, not when you sell. So if a standard Britannia is $17 at point of sale and the special coin is $19 at point of sale you have technically just lost $2 because of the extra premium that is rarely recouped. So, " Always buy with liquidity in mind".  When your considering a purchase you should be thinking, "what will I get for this, if and when I sell".  Even if you never plan to sell, this is still a great mind set to have when buying shiny things that can distort our logical reasoning. Never buy with emotions...
     
    " Mostly I've bought philharmonics, Canadian maples and some Libertads."
    I would highly encourage you to take one of each of these and go down to your local coin shop and ask what they will give for each. Now you can compare that to what you paid for them taking into account the change in spot price of course. Its a very enlightening experience. Watch what feelings and emotions arise when they tell you the buy back price...
     
    Edited: This isn't necessarily directed at you Josey but for folks that have only bought PM's and haven't experienced the selling end of it. Don't mean to offend you in any way...
  11. Like
    STONE got a reaction from PhilipInNH in Silver Pouring - Heart Shapes   
    As a master carpenter I am glad we never adopted the whole metric system. Inches, feet, MPH, pounds and ounces are just ingrained in our society. IMO, the standard system is much easier to work with. If I was on a job and the guy shouted out, "cut me a board at 5181.6544444 millimeters" I would probably just fall off the roof. I would rather hear "17 feet, leave the line"....
     
  12. Like
    STONE got a reaction from Attilio in Silver coins you don't like.   
    Superhero coins, lame...
    "Year of the" coins. That has been beat to death a 1000 times over...
    Movie coins, star wars, etc.,etc... Its just a way over priced ounce of silver.
  13. Like
    STONE got a reaction from MickD in Best 2018 silver coins to buy   
    Always buy with liquidity in mind. "Will the oriental border fetch more than a standard Britannia when I sell"?  Probably not. Special coins(for the most part) just cost more on the front end and the extra premium could have been used towards the next purchase. I would highly encourage new stackers to do this: Take a standard Brit, ASE, maple leaf, Etc. and a special edition coin of the same maker down to your LCS or whomever you will sell to and ask what they will give you for each coin. For the most part they will buy them for the same price, somewhere right around spot. Profits are made when you buy, not when you sell. So if a standard Britannia is $17 at point of sale and the special coin is $19 at point of sale you have technically just lost $2 because of the extra premium that is rarely recouped. So, " Always buy with liquidity in mind".  When your considering a purchase you should be thinking, "what will I get for this, if and when I sell".  Even if you never plan to sell, this is still a great mind set to have when buying shiny things that can distort our logical reasoning. Never buy with emotions...
     
    " Mostly I've bought philharmonics, Canadian maples and some Libertads."
    I would highly encourage you to take one of each of these and go down to your local coin shop and ask what they will give for each. Now you can compare that to what you paid for them taking into account the change in spot price of course. Its a very enlightening experience. Watch what feelings and emotions arise when they tell you the buy back price...
     
    Edited: This isn't necessarily directed at you Josey but for folks that have only bought PM's and haven't experienced the selling end of it. Don't mean to offend you in any way...
  14. Like
    STONE got a reaction from MickD in Best 2018 silver coins to buy   
    Always buy with liquidity in mind. "Will the oriental border fetch more than a standard Britannia when I sell"?  Probably not. Special coins(for the most part) just cost more on the front end and the extra premium could have been used towards the next purchase. I would highly encourage new stackers to do this: Take a standard Brit, ASE, maple leaf, Etc. and a special edition coin of the same maker down to your LCS or whomever you will sell to and ask what they will give you for each coin. For the most part they will buy them for the same price, somewhere right around spot. Profits are made when you buy, not when you sell. So if a standard Britannia is $17 at point of sale and the special coin is $19 at point of sale you have technically just lost $2 because of the extra premium that is rarely recouped. So, " Always buy with liquidity in mind".  When your considering a purchase you should be thinking, "what will I get for this, if and when I sell".  Even if you never plan to sell, this is still a great mind set to have when buying shiny things that can distort our logical reasoning. Never buy with emotions...
     
    " Mostly I've bought philharmonics, Canadian maples and some Libertads."
    I would highly encourage you to take one of each of these and go down to your local coin shop and ask what they will give for each. Now you can compare that to what you paid for them taking into account the change in spot price of course. Its a very enlightening experience. Watch what feelings and emotions arise when they tell you the buy back price...
     
    Edited: This isn't necessarily directed at you Josey but for folks that have only bought PM's and haven't experienced the selling end of it. Don't mean to offend you in any way...
  15. Like
    STONE got a reaction from MickD in Best 2018 silver coins to buy   
    Always buy with liquidity in mind. "Will the oriental border fetch more than a standard Britannia when I sell"?  Probably not. Special coins(for the most part) just cost more on the front end and the extra premium could have been used towards the next purchase. I would highly encourage new stackers to do this: Take a standard Brit, ASE, maple leaf, Etc. and a special edition coin of the same maker down to your LCS or whomever you will sell to and ask what they will give you for each coin. For the most part they will buy them for the same price, somewhere right around spot. Profits are made when you buy, not when you sell. So if a standard Britannia is $17 at point of sale and the special coin is $19 at point of sale you have technically just lost $2 because of the extra premium that is rarely recouped. So, " Always buy with liquidity in mind".  When your considering a purchase you should be thinking, "what will I get for this, if and when I sell".  Even if you never plan to sell, this is still a great mind set to have when buying shiny things that can distort our logical reasoning. Never buy with emotions...
     
    " Mostly I've bought philharmonics, Canadian maples and some Libertads."
    I would highly encourage you to take one of each of these and go down to your local coin shop and ask what they will give for each. Now you can compare that to what you paid for them taking into account the change in spot price of course. Its a very enlightening experience. Watch what feelings and emotions arise when they tell you the buy back price...
     
    Edited: This isn't necessarily directed at you Josey but for folks that have only bought PM's and haven't experienced the selling end of it. Don't mean to offend you in any way...
  16. Like
    STONE got a reaction from Xander in Clueless Newbie   
    "which I see as investment based on the hope of the spot price of silver increasing."
    Don't do that, you will eventually be disappointed because silver is very volatile in its price fluctuations and valuing it against a currency is ludicrous. 
    Instead look at it this way:
    1. Buy precious metals (PM's) as a hedge against inflation
    2. PM's are a storage of wealth.
    3. PM's are an insurance policy against an unstable global economy.
    4. PM's can be a savings account for a rainy day.
     
    Since you are just starting out, keep it simple for now until you have a long term goal established. Stick to 10 ounce and 100 ounce bars with a recognizable name. Always buy with liquidity in mind. "Is this premium coin/bar etc.,  going to maintain its value if I sell it in the future?" Stick with what works. ASE's, Britannia's and standard bullion coins that you can buy as close to spot as possible. At the end of the day you should have a CPOA (cost per ounce average) that is as close to spot as possible. Watch the spot price daily and buy on the dips. The more you buy the better the deal you will get. Avoid impulse buying and have what you want to buy already in mind when silver dips. Not sure what your budget is but I would find some 10 ounce bars that you like and start with that. As far as the whole "displaying items"... I disagree with that. You want to fly under the radar when it comes to investing. Not "advertise to the world" I have this and that. If a thief looks through your window and see's valuables "on display" guess where he will be tonight???
     
    Slow your roll and do more research on silver and gold. There is no big hurry to make your first purchase.
    "I may also buy the odd premium coin"  The problem with premium coins is today you may pay $120.00 for one and when you get it its only one ounce of silver that is only worth $15.56. They are hard to pick. Even for a seasoned veteran we are very cautious as to which ones we buy. And its still a gamble as its impossible to know which ones will be a hit and which ones will be a dud...
     
    Read this: https://www.jmbullion.com/investing-guide/
    https://goldsilver.com/blog/top-10-reasons-to-buy-silver/
    http://www.silvermonthly.com/silver-investing-guide/
     
    Also remember: Silver is a LONG TERM INVESTMENT. Buy it, put it away and forget about it...
  17. Like
    STONE got a reaction from Mark10110 in Michael Maloney   
    Guys like Maloney and Schiff have some very valid points but in all reality you cannot just listen to one side of the story. One needs to take all of the info and resolve to come to an educated opinion on how to conduct wealth preservation. In my opinion the dollar is a worthless piece of paper that only has an illusion of value attached to it. The game has changed. We are in un-chartered territory as the whole economic system is manipulated from every angle. Under lying fundamentals just don't seem to work anymore. The MSN constantly broadcasts that everything is ok but when the powers that be own and manipulate the stock market, PM prices and everything they can get their hands on seems to tell me they own the media as well and can spread their propaganda to manipulate the masses into believing anything they want to. I will just keep trading in my useless FRN's for real money at the end of the week: Silver and Gold. My hourly wage comes out to around six ounce's of silver. I pay myself in silver every week. I will put it away for retirement, a rainy day or just leave it to my kids. Feels great to be free from the institutional slavery of the banking cartel... 
  18. Like
    STONE got a reaction from Xander in Clueless Newbie   
    "which I see as investment based on the hope of the spot price of silver increasing."
    Don't do that, you will eventually be disappointed because silver is very volatile in its price fluctuations and valuing it against a currency is ludicrous. 
    Instead look at it this way:
    1. Buy precious metals (PM's) as a hedge against inflation
    2. PM's are a storage of wealth.
    3. PM's are an insurance policy against an unstable global economy.
    4. PM's can be a savings account for a rainy day.
     
    Since you are just starting out, keep it simple for now until you have a long term goal established. Stick to 10 ounce and 100 ounce bars with a recognizable name. Always buy with liquidity in mind. "Is this premium coin/bar etc.,  going to maintain its value if I sell it in the future?" Stick with what works. ASE's, Britannia's and standard bullion coins that you can buy as close to spot as possible. At the end of the day you should have a CPOA (cost per ounce average) that is as close to spot as possible. Watch the spot price daily and buy on the dips. The more you buy the better the deal you will get. Avoid impulse buying and have what you want to buy already in mind when silver dips. Not sure what your budget is but I would find some 10 ounce bars that you like and start with that. As far as the whole "displaying items"... I disagree with that. You want to fly under the radar when it comes to investing. Not "advertise to the world" I have this and that. If a thief looks through your window and see's valuables "on display" guess where he will be tonight???
     
    Slow your roll and do more research on silver and gold. There is no big hurry to make your first purchase.
    "I may also buy the odd premium coin"  The problem with premium coins is today you may pay $120.00 for one and when you get it its only one ounce of silver that is only worth $15.56. They are hard to pick. Even for a seasoned veteran we are very cautious as to which ones we buy. And its still a gamble as its impossible to know which ones will be a hit and which ones will be a dud...
     
    Read this: https://www.jmbullion.com/investing-guide/
    https://goldsilver.com/blog/top-10-reasons-to-buy-silver/
    http://www.silvermonthly.com/silver-investing-guide/
     
    Also remember: Silver is a LONG TERM INVESTMENT. Buy it, put it away and forget about it...
  19. Like
    STONE got a reaction from Xander in Clueless Newbie   
    "which I see as investment based on the hope of the spot price of silver increasing."
    Don't do that, you will eventually be disappointed because silver is very volatile in its price fluctuations and valuing it against a currency is ludicrous. 
    Instead look at it this way:
    1. Buy precious metals (PM's) as a hedge against inflation
    2. PM's are a storage of wealth.
    3. PM's are an insurance policy against an unstable global economy.
    4. PM's can be a savings account for a rainy day.
     
    Since you are just starting out, keep it simple for now until you have a long term goal established. Stick to 10 ounce and 100 ounce bars with a recognizable name. Always buy with liquidity in mind. "Is this premium coin/bar etc.,  going to maintain its value if I sell it in the future?" Stick with what works. ASE's, Britannia's and standard bullion coins that you can buy as close to spot as possible. At the end of the day you should have a CPOA (cost per ounce average) that is as close to spot as possible. Watch the spot price daily and buy on the dips. The more you buy the better the deal you will get. Avoid impulse buying and have what you want to buy already in mind when silver dips. Not sure what your budget is but I would find some 10 ounce bars that you like and start with that. As far as the whole "displaying items"... I disagree with that. You want to fly under the radar when it comes to investing. Not "advertise to the world" I have this and that. If a thief looks through your window and see's valuables "on display" guess where he will be tonight???
     
    Slow your roll and do more research on silver and gold. There is no big hurry to make your first purchase.
    "I may also buy the odd premium coin"  The problem with premium coins is today you may pay $120.00 for one and when you get it its only one ounce of silver that is only worth $15.56. They are hard to pick. Even for a seasoned veteran we are very cautious as to which ones we buy. And its still a gamble as its impossible to know which ones will be a hit and which ones will be a dud...
     
    Read this: https://www.jmbullion.com/investing-guide/
    https://goldsilver.com/blog/top-10-reasons-to-buy-silver/
    http://www.silvermonthly.com/silver-investing-guide/
     
    Also remember: Silver is a LONG TERM INVESTMENT. Buy it, put it away and forget about it...
  20. Like
    STONE got a reaction from Xander in Clueless Newbie   
    "which I see as investment based on the hope of the spot price of silver increasing."
    Don't do that, you will eventually be disappointed because silver is very volatile in its price fluctuations and valuing it against a currency is ludicrous. 
    Instead look at it this way:
    1. Buy precious metals (PM's) as a hedge against inflation
    2. PM's are a storage of wealth.
    3. PM's are an insurance policy against an unstable global economy.
    4. PM's can be a savings account for a rainy day.
     
    Since you are just starting out, keep it simple for now until you have a long term goal established. Stick to 10 ounce and 100 ounce bars with a recognizable name. Always buy with liquidity in mind. "Is this premium coin/bar etc.,  going to maintain its value if I sell it in the future?" Stick with what works. ASE's, Britannia's and standard bullion coins that you can buy as close to spot as possible. At the end of the day you should have a CPOA (cost per ounce average) that is as close to spot as possible. Watch the spot price daily and buy on the dips. The more you buy the better the deal you will get. Avoid impulse buying and have what you want to buy already in mind when silver dips. Not sure what your budget is but I would find some 10 ounce bars that you like and start with that. As far as the whole "displaying items"... I disagree with that. You want to fly under the radar when it comes to investing. Not "advertise to the world" I have this and that. If a thief looks through your window and see's valuables "on display" guess where he will be tonight???
     
    Slow your roll and do more research on silver and gold. There is no big hurry to make your first purchase.
    "I may also buy the odd premium coin"  The problem with premium coins is today you may pay $120.00 for one and when you get it its only one ounce of silver that is only worth $15.56. They are hard to pick. Even for a seasoned veteran we are very cautious as to which ones we buy. And its still a gamble as its impossible to know which ones will be a hit and which ones will be a dud...
     
    Read this: https://www.jmbullion.com/investing-guide/
    https://goldsilver.com/blog/top-10-reasons-to-buy-silver/
    http://www.silvermonthly.com/silver-investing-guide/
     
    Also remember: Silver is a LONG TERM INVESTMENT. Buy it, put it away and forget about it...
  21. Like
    STONE got a reaction from JohnA in Gold Eagles on eBay...just over spot   
    Buying gold on ebay will have risks. I would make sure it is a well known dealer. Better to pay a few extra dollars for security than to risk loosing thousands for what seems like a good deal...  SD bullion isn't to far off that price.  https://sdbullion.com/1-oz-gold-american-eagle-coin-random-dates
  22. Like
    STONE got a reaction from JohnA in Gold Eagles on eBay...just over spot   
    Buying gold on ebay will have risks. I would make sure it is a well known dealer. Better to pay a few extra dollars for security than to risk loosing thousands for what seems like a good deal...  SD bullion isn't to far off that price.  https://sdbullion.com/1-oz-gold-american-eagle-coin-random-dates
  23. Like
    STONE got a reaction from Jay2 in 2018 South Africa 1 oz Silver Krugerrand (BU)   
    Man, you guys are rock stars! For the life of me I can rarely find mintage numbers on newer coins...
  24. Sad
    STONE got a reaction from NewMSmatist15 in 2018 proof britannia   
    "that had also fallen out the capsule"      That's it, I am done with the RM. Doing returns from the other side of the planet makes my teeth hurt...
  25. Haha
    STONE got a reaction from 999magnum in 2018 South Africa 1 oz Silver Krugerrand (BU)   
    Bwhahahaha!!   Well, except for the 50th anniversary icon. And the price is 50% off too...