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realcent
Forum Admin
USA
246 Posts |
 Posted - 05/04/2006 : 11:30:27
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Ardent Listener
Administrator
USA
3452 Posts |
Posted - 05/04/2006 : 12:27:18
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If I could have voted for two it would have been 90% junk silver and nickels. But as of late I'm mostly buying nickels at face. Don't get me wrong, I'm still a silver bug, but opportunity is a knocking with no real risk with copper pennies/ nickels now.
P.S. but you got to love them silver eagles too.
Bad money drives out good money |
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deleted
115 Posts |
Posted - 05/04/2006 : 12:36:11
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I mainly am buying 1oz silver. I sort the pennies for the possible risk free increase in my investment and also to use as change for silver when TSHTF.
A bank is a place where they lend you an umbrella in fair weather and ask for it back when it begins to rain. --- Robert Frost |
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ImperialFleet
Penny Pincher Member
USA
217 Posts |
Posted - 05/11/2006 : 18:54:22
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| I voted "Other." I prefer the 40% silver half dollars as they are typically overlooked and I can regularly find them 10-20% UNDER spot. However, I am quickly becoming a Cu/Ni bug! |
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realcent
Forum Admin
USA
246 Posts |
Posted - 05/11/2006 : 20:35:34
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quote:
Originally posted by ImperialFleet
....However, I am quickly becoming a Cu/Ni bug!
Hey, when you can get it in pennies and nickels at face value for a little sorting, it's kind of hard not to!
RealCent
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For more copper cent hoarding information check out:
www.realcent.friendpages.com |
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Ardent Listener
Administrator
USA
3452 Posts |
Posted - 05/12/2006 : 14:09:03
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quote:
Originally posted by ImperialFleet
I voted "Other." I prefer the 40% silver half dollars as they are typically overlooked and I can regularly find them 10-20% UNDER spot. However, I am quickly becoming a Cu/Ni bug!
I think 40% is undervalued. Isn't it so nice to pay face value for your copper/nickel metals?
Bad money drives out good money. |
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ImperialFleet
Penny Pincher Member
USA
217 Posts |
Posted - 05/12/2006 : 19:48:39
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| Indeed. I always wished I could have taken part in the silver hoarding in the 60's, this whole copper/nickel thing is my chance! Wohoo |
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deleted
115 Posts |
Posted - 05/12/2006 : 20:23:25
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I did get to make a profit on the last big run up in 79/80. When I was a kid my dad had a gun shop and we did a lot of gun shows on the weekends. I would buy junk silver for 3X to 5X face and put it away. When the price realy started to skyrocket in 79 I sold some of my silver for 20X face to pay for prom. Then sold the last I had not too long before the big collapse for 25X face.
A bank is a place where they lend you an umbrella in fair weather and ask for it back when it begins to rain. --- Robert Frost |
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ImperialFleet
Penny Pincher Member
USA
217 Posts |
Posted - 05/12/2006 : 21:01:22
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| Talk about great market timing! |
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Ardent Listener
Administrator
USA
3452 Posts |
Posted - 05/13/2006 : 19:24:51
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quote:
Originally posted by ImperialFleet
Indeed. I always wished I could have taken part in the silver hoarding in the 60's, this whole copper/nickel thing is my chance! Wohoo
I did hoard silver in the 60s. I was only a kid then but I had an aunt who worked in a store and told me and my brothers to do so. I was the only one who did though. I always liked silver coins and it felt natural to save them.
I feel the same way today about pennies and nickels.
I had about $700 dollars in copper pennies back in the 80s. I didn't keep them though because copper was still low back then and my younger brother was stealing them faster than I was saving them. Whish I could have kept at it now. But I'm makeing up for lost time with the nickels at least.
Bad money drives out good money. |
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Canadian_Nickle
Penny Hoarding Member
Canada
938 Posts |
Posted - 06/25/2006 : 22:19:40
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My holdings are split amoung the following (in descending order, by amount:
Canadian 80% silver "junk" coins
.999 Bar silver
.9999 Canaidna Maple Leaf silvers
.925 junk silver
loose diamonds and rubies
scrap gold
canadian pre-1981 .999 nickles |
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deleted
479 Posts |
Posted - 11/12/2006 : 23:03:45
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It is difficult to vote for only one of these.
But the polite thing to do when faced with a difficult qwestion is to answer it rather than complain that the qwestion could be phrased better. It also builds discipline to force ourselves to do this in cases of little conseqwence, beacuse then we will be better able to perform this way when necessary.
I sorted pennies today for the first time.
I found a few good ones, learned the problem around 1982 pennies, and modeled the behavior in front of my daughter.
A billiard ball dropped from 1,362 feet (height of the South Tower) in a
vacuum would require 9.22 seconds to hit the ground. How then did the
towers collapse in 10 seconds and 11.4 seconds, and why has not one
member of the mainstream media insisted on honest answers from the
government in this regard?
"The individual is handicapped by coming face to face with a conspiracy
so monstrous [that] he cannot believe it exists."
- J. Edgar Hoover |
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Metalophile
Penny Collector Member
USA
319 Posts |
Posted - 11/13/2006 : 09:18:18
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Canadian Nickle,
You might consider selling off your diamonds. I hear the price of diamonds is kept artificially inflated by the DeBeers monopoly, and that monopoly may be in serious danger of being broken if it hasn't already.
Metalophile |
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How do you take your bullion?
