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89gt-stanger
Penny Sorter Member

 USA
59 Posts |
Posted - 08/11/2009 : 21:54:20
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Should I go for it? I've never invested in silve before, and have the opportunity for this.
I also have availability to .999 American Eagles and .9999 Maple Leafs, along with certified bars for $16/oz.
Good deals?
Thanks!
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Market Harmony
1000+ Penny Miser Member
    

USA
1274 Posts |
Posted - 08/11/2009 : 21:58:17
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quote: Originally posted by 89gt-stanger
Should I go for it? I've never invested in silve before, and have the opportunity for this.
I also have availability to .999 American Eagles and .9999 Maple Leafs, along with certified bars for $16/oz.
Good deals?
Thanks!
If you can get the 90% silver for 6-7 x face, I will buy all that you have for 9 x face 
I'm not interested in eagles and maples at 16 each |
goto the new and improved realcent: http://realcent.org |
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redneck
1000+ Penny Miser Member
    

1273 Posts |
Posted - 08/11/2009 : 21:58:45
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quote: 90% silver at 6-7xFV - Should I go for it? I've never invested in silve before, and have the opportunity for this.
Hell ya...
quote: I also have availability to .999 American Eagles and .9999 Maple Leafs, along with certified bars for $16/oz
That's about right.
Buy all the 90% you can at that price.
>
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oober
1000+ Penny Miser Member
    

USA
1304 Posts |
Posted - 08/11/2009 : 21:59:12
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| Please buy all you can for 6-7x face... I'd get a loan if I could buy at that. Crap you could buy it, drive it over to the local coin shop and make 2x face.... |
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Neckro
1000+ Penny Miser Member
    

Saudi Arabia
2080 Posts |
Posted - 08/11/2009 : 22:05:13
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| Yeah, I'd sell my car for that face. Then resell it for 3-4x more money. |
Trolling is an art. |
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89gt-stanger
Penny Sorter Member


USA
59 Posts |
Posted - 08/11/2009 : 22:05:39
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Okay, many replies. :)
Anyways, he is going to be sending me pics tonight, or early morning, when he gets off work along with some details. On a car related forum that I am on, I posted letting people know that I would like to buy silver.... blah blah blah.
Anyways, he said "Are you interested in silver dollars and sxxt like that? I have many assorted 90% coins I would like to get rid of for cheap."
We got to talking and he is fine with 6-7*fv. Yup yup! |
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Neckro
1000+ Penny Miser Member
    

Saudi Arabia
2080 Posts |
Posted - 08/11/2009 : 22:10:11
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| If you do not like 90%. Resell what you buy for current market value. and purchase the form you like. It's like getting free PM'S |
Trolling is an art. |
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89gt-stanger
Penny Sorter Member


USA
59 Posts |
Posted - 08/11/2009 : 22:15:26
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quote: Originally posted by Neckro
If you do not like 90%. Resell what you buy for current market value. and purchase the form you like. It's like getting free PM'S
I honestly dislike 90% "hoarding" or "collecting" very much. You can not find anything in the wild in representable condition, and I think it is overpriced for what it is, not being pure. I think .9999 is going to be what I'm looking for.
Is Canada the only place that makes coins that are that pure?
Thanks. |
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Neckro
1000+ Penny Miser Member
    

Saudi Arabia
2080 Posts |
Posted - 08/11/2009 : 22:17:19
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| Canadian Maple is the only .9999 silver round I've seen. I've taken the 4th 9 as a showboat move than real material difference in quality. |
Trolling is an art. |
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89gt-stanger
Penny Sorter Member


USA
59 Posts |
Posted - 08/11/2009 : 22:23:40
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Show boat or not, it has me on the bandwagon.  |
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oober
1000+ Penny Miser Member
    

USA
1304 Posts |
Posted - 08/11/2009 : 22:36:57
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quote: Originally posted by 89gt-stanger
quote: Originally posted by Neckro
If you do not like 90%. Resell what you buy for current market value. and purchase the form you like. It's like getting free PM'S
I honestly dislike 90% "hoarding" or "collecting" very much. You can not find anything in the wild in representable condition, and I think it is overpriced for what it is, not being pure. I think .9999 is going to be what I'm looking for.
Is Canada the only place that makes coins that are that pure?
Thanks.
If you can afford, please don't pass on the 90%... Its such a no brainer... At least take delivery and sell it at the coin shop for instant profit...
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barrytrot
Administrator
   

USA
721 Posts |
Posted - 08/11/2009 : 23:08:37
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| Why oh why don't I ever get these deals :( |
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jonflyfish
Penny Hoarding Member
   

USA
693 Posts |
Posted - 08/11/2009 : 23:09:57
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| Personally, I love the impure 90% variety and would do back flips off the Niagara for 6-7x face. ;-) |
The first panacea for a mismanaged nation is inflation of the currency; second is war. Both bring a temporary (and false) prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunities. |
Edited by - jonflyfish on 08/11/2009 23:28:42 |
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Neckro
1000+ Penny Miser Member
    

Saudi Arabia
2080 Posts |
Posted - 08/11/2009 : 23:11:28
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quote: Originally posted by jonflyfish
Personally, I love the impure 90% variety and would do back flips of the Niagara for 6-7x face. ;-)
Haha, I got some 90% for you to do that. Just place me on your life insurance policy. |
Trolling is an art. |
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jonflyfish
Penny Hoarding Member
   

USA
693 Posts |
Posted - 08/11/2009 : 23:31:00
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| Haha Neckro. For a few tons of 90% I think we could change one of the policies :-)) |
The first panacea for a mismanaged nation is inflation of the currency; second is war. Both bring a temporary (and false) prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunities. |
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slickeast
1000+ Penny Miser Member
    

USA
2533 Posts |
Posted - 08/12/2009 : 02:22:32
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I would buy everything he had for 6-7x face. I would borrow the money if I had to. you could sel it on here for 10X and be sold out within an hour.
Get it. Heck if you can't afford to buy it all, PM me and we can work it out. |
You don't have to be the BEST you just have to be.......SLICK
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JobIII
1000+ Penny Miser Member
    

USA
1507 Posts |
Posted - 08/12/2009 : 06:16:46
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I agree buy it and hold or resell your choice. Such a low price makes me wonder if these items are culls or hot...though this would not stop me from purchasing these items at a discount.
~ JobIII |
Selling Copper cents. $0 FV available at 1.4xFV. Also interested in trading for wheat pennies and other coins Please pm me for requests or inquiries.
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NotABigDeal
1000+ Penny Miser Member
    

USA
3890 Posts |
Posted - 08/12/2009 : 06:17:44
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quote: Originally posted by 89gt-stanger I honestly dislike 90% "hoarding" or "collecting" very much. You can not find anything in the wild in representable condition, and I think it is overpriced for what it is, not being pure. I think .9999 is going to be what I'm looking for.
Is Canada the only place that makes coins that are that pure?
Thanks.
If you pass on this, your really missing out. It's not about what you like in this instance, it's how much you can make INSTANTLY with the buy. What's your hang-up with 90%? It's recognized with little question of purity, and with no problems reselling. It's not always what you want, it is what the other guy wants.
You admit to being new at the silver thing. Take our advise, buy and turn. You could sell it all here I'm sure. Profit on the 90% would buy you more .999 or .9999 it that's what you prefer.
The only problem would be moral issues if you think he stole it....
Deal |
Live free or die. Plain and simple.
"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your council or your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen." - Samuel Adams |
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89gt-stanger
Penny Sorter Member


USA
59 Posts |
Posted - 08/12/2009 : 11:55:28
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Slickeast, we may work out a deal. He was unable to send me pics yet due to having to end up working a back-to-back shift.
I am 99.9999% sure they are not stolen. They are coins he had handed down from family, and is a little strapped for cash. I actually know the person. Its a forum like this where everyone knows everyone.
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Neckro
1000+ Penny Miser Member
    

Saudi Arabia
2080 Posts |
Posted - 08/12/2009 : 12:12:23
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| Did he tell you how much he had? |
Trolling is an art. |
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novillero
Penny Sorter Member


USA
86 Posts |
Posted - 08/12/2009 : 12:53:49
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If it was me, I wouldn't worry about pics. Even if you were buying 90% at 10-11 x, you are buying it as junk silver - not for its numismatic value. So, I'd jump on the deal before someone else comes along.
Personally, I am in a junk silver phase right now. So, I'm drooling over here!!!
Nice deal! |
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