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beauanderos
1000+ Penny Miser Member


USA
2408 Posts

Posted - 05/23/2010 :  12:43:47  Show Profile Send beauanderos a Private Message
No, I'm not talking about avocado vs french onion I have plenty of 90% already, what I don't have is fractional .999 silver. Another thread in here the other day mentioned diversifying one's silver holdings, so I think I'll use this pullback to start accumulating some fractional. This is the one I'm considering, but I'm gonna wait until tomorrow so I can mail a certified check with the purchase and avoid their 3% Paypal surcharge. CPTindy, thanks for the link You must be logged in to see this link.

Hoard now and hold on!

http://coppermillions.blogspot.com/
http://wherewillyoubein2012.blogspot.com/

beauanderos
1000+ Penny Miser Member



USA
2408 Posts

Posted - 05/23/2010 :  12:53:12  Show Profile Send beauanderos a Private Message
BTW, that's a half ounce silver round pictured, and two of them are actually a bit cheaper than what APMEX is marketing their eagles for (besides, they're out of them)

Hoard now and hold on!

http://coppermillions.blogspot.com/
http://wherewillyoubein2012.blogspot.com/
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beauanderos
1000+ Penny Miser Member



USA
2408 Posts

Posted - 05/24/2010 :  10:24:42  Show Profile Send beauanderos a Private Message
Well, I did it Pulled the pin and plunked down for 50 ounces (100 1/2 oz rounds). Too bad the price moved against me today, but still got them for $20.21 an ounce. I'll let you know how they look when they come in next week

Hoard now and hold on!

http://coppermillions.blogspot.com/
http://wherewillyoubein2012.blogspot.com/
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highroller4321
1000+ Penny Miser Member



USA
2648 Posts

Posted - 05/24/2010 :  10:30:28  Show Profile Send highroller4321 a Private Message
Why did you go for fractionals? Just curious :)

Copper Penny Investing
www.portlandmint.com
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Lemon Thrower
1000+ Penny Miser Member



USA
1588 Posts

Posted - 05/24/2010 :  11:36:31  Show Profile Send Lemon Thrower a Private Message
i am not a fan of bullion below 1 ounce or above 1 ounce. the premiums on the former are too high and the liquidity on the latter is less.

if you want fractional, 90% is your best bet imho.

Buying:
Peace/Morgan G+ at $15.00
copper cents at 1.3X
wheat pennies at 3X


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beauanderos
1000+ Penny Miser Member



USA
2408 Posts

Posted - 05/24/2010 :  12:50:02  Show Profile Send beauanderos a Private Message
quote:
Originally posted by highroller4321

Why did you go for fractionals? Just curious :)

I see silver going up several multiples from where it now is. When reasonably priced premiums are attached to future mintings of quarter ounce and tenth ounce rounds I will accumulate those as well (on dips). There may be occasions where .999 has enhanced liquidity over 90%. I already have enough eagles, I have more than enough 90%. So this is just filling in some diversification "holes" I still like silver by far the best of the four PM's for its current accessability. It won't be this cheap for long

Hoard now and hold on!

http://coppermillions.blogspot.com/
http://wherewillyoubein2012.blogspot.com/
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Lemon Thrower
1000+ Penny Miser Member



USA
1588 Posts

Posted - 05/24/2010 :  14:01:03  Show Profile Send Lemon Thrower a Private Message
i like fractional gold because gold is so expensive. but i don't like paying premiums for fractional silver since the premium for a fractional round is usually a lot more than the premium for a full ounce round. to the extent i want fractional silver, i buy zero-premium 90%. I would rather invest in silver than in a fractional premium. stated differently, you can get more ounces for the same money if you buy in full ounces.

Buying:
Peace/Morgan G+ at $15.00
copper cents at 1.3X
wheat pennies at 3X


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beauanderos
1000+ Penny Miser Member



USA
2408 Posts

Posted - 05/24/2010 :  16:50:45  Show Profile Send beauanderos a Private Message
quote:
Originally posted by Lemon Thrower

i like fractional gold because gold is so expensive. but i don't like paying premiums for fractional silver since the premium for a fractional round is usually a lot more than the premium for a full ounce round. to the extent i want fractional silver, i buy zero-premium 90%. I would rather invest in silver than in a fractional premium. stated differently, you can get more ounces for the same money if you buy in full ounces.

You're right, LT I guess I'm just bored of 90%, after amassing it since 2003. Enough is enough. I want some variety, and am willing to pay a slight premium for it. I even have dupes/trips of almost every Franklin Mint set. Yeah, yeah, they're only sterling, but if you don't overpay (for 92.5% silver) some of them are really cool. On the Franklins, when I was picking them up... you could acquire them for fifty to sixty percent of melt at the time

Hoard now and hold on!

http://coppermillions.blogspot.com/
http://wherewillyoubein2012.blogspot.com/
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