CanAmPreppers

SHTF Threats & Thoughts => Economic => Topic started by: thecrownsown on September 04, 2013, 07:14:13 AM

Title: Purchasing Silver and Gold coins
Post by: thecrownsown on September 04, 2013, 07:14:13 AM
Can anyone with any experience in this tell me the best place to purchase?

I've been to CIBC, Scotia, and RBC.  1 Troy ounce coins are fluctuating around $29/each, and 1/10 Gold coins at $160/each, 1/4, 1/2 all around the same too between each of the banks.

The banks seem to set there rates for purchasing these coins roughly on the market, but also watch each other to make sure they are all in line.  But...is there another market to purchase these from or is it basically stuck with the banks?  I'm not talking amount mint proofed coins, but the standard non circulation gold or silver coins stamped with a maple leaf.....  Is there a better place to buy them?
Title: Re: Purchasing Silver and Gold coins
Post by: M590a1 on September 04, 2013, 08:31:30 AM
Pretty rocks > food?   When the time comes I wouldn't trade a $160 gold coin for a slice of bread... or toilet paper.
Title: Re: Purchasing Silver and Gold coins
Post by: above all, adapt on September 04, 2013, 01:34:31 PM
Can anyone with any experience in this tell me the best place to purchase?

I've been to CIBC, Scotia, and RBC.  1 Troy ounce coins are fluctuating around $29/each, and 1/10 Gold coins at $160/each, 1/4, 1/2 all around the same too between each of the banks.

The banks seem to set there rates for purchasing these coins roughly on the market, but also watch each other to make sure they are all in line.  But...is there another market to purchase these from or is it basically stuck with the banks?  I'm not talking amount mint proofed coins, but the standard non circulation gold or silver coins stamped with a maple leaf.....  Is there a better place to buy them?

I have researched them all and the best place is GoldandSilverbull.com
there was a thread about best place to buy over at the canadainpreppersnetwork too.

Hope this helps


Title: Re: Purchasing Silver and Gold coins
Post by: JustABear on September 04, 2013, 01:39:00 PM
I tried pasting that link into my browser and it isn't an active site...?
Title: Re: Purchasing Silver and Gold coins
Post by: NObshere on September 04, 2013, 01:46:52 PM
Try Ahern coins and exchange in Calgary used to be 2 dollars above on silver. I quit buying silver when it went over 16/oz. started buying when it was 7/oz. It is alittle hard to eat but if youre looking for an insulation against a currency crash it's about the best way to go. Try sunset mint out of the states.
Title: Re: Purchasing Silver and Gold coins
Post by: above all, adapt on September 04, 2013, 02:30:56 PM
I tried pasting that link into my browser and it isn't an active site...?

http://www.silvergoldbull.com/

what I like about this place is that they sell smaller than 1 oz coins. if silver goes up dramatically  and you only have  1 oz coins that are worth lets say $50, you want to have some smaller coins too. sure you could make 1 piece into 2 pieces if you had to but why.  
Title: Re: Purchasing Silver and Gold coins
Post by: icrcc on September 04, 2013, 02:41:58 PM
I tried pasting that link into my browser and it isn't an active site...?

No The domain is for sale: C$19,541.85 but you can buy  goldandsilverbull.ca for $9.99 go figure.  :)
Title: Re: Purchasing Silver and Gold coins
Post by: zeker on September 04, 2013, 04:23:13 PM
I have had very good luck with silvergoldbul.ca in rocky mountain house? alberta.
I friend recently tried to buy silver at banks and FEW would sell her physical.
silver gold bull even bought a 100oz bar from me and gave me the equivalent in 1 oz.
Title: Re: Purchasing Silver and Gold coins
Post by: thecrownsown on September 05, 2013, 12:17:11 AM
I like the website for the variety they have.

They are slightly less than the bank, until u factor in the extra costs and then they end up more.

Gold and silver have been used for thousands of years in commerce and trade, so I think it's a great idea to diversify and have this on hand. But....still lookin for that best deal possible. :)

Title: Re: Purchasing Silver and Gold coins
Post by: above all, adapt on September 05, 2013, 12:41:31 AM
Also, something I forgot to mention and that you are probably already aware of...

silver can be used for things where gold can not. silver can be used to disinfect (remember our grammas used to put a silver dollar in the milk can) and also for medicinal purposes.

anyone think of something else?  :)
Title: Re: Purchasing Silver and Gold coins
Post by: NObshere on September 05, 2013, 12:46:42 AM
Absolutely little lady, silver and gold can both be used to make colloidial compounds to combat anything from colds to infections in open wounds.
Title: Re: Purchasing Silver and Gold coins
Post by: thecrownsown on September 05, 2013, 08:32:58 AM
Silver is a great electrical conductor.  If it wasn't so overpriced for it's abundance, we would be using it for electrical applications in lieu of copper. 

As for silver used in colloidals..there is no evidence this actually works and at best can be considered a placebo.  Silver as a disinfectant in a compound does work...but economically speaking there are way better disinfectants out there on the market, or found in nature with a better shelf life.

CIBC and Royal Bank are both 3-5 days to deliver coinage to the branch where ordered. ...and thanks again for the link as it has some other hobby coins I think are kinda cool! :)   

Title: Re: Purchasing Silver and Gold coins
Post by: above all, adapt on September 05, 2013, 01:56:18 PM
Silver is a great electrical conductor.  If it wasn't so overpriced for it's abundance, we would be using it for electrical applications in lieu of copper. 

As for silver used in colloidals..there is no evidence this actually works and at best can be considered a placebo.  Silver as a disinfectant in a compound does work...but economically speaking there are way better disinfectants out there on the market, or found in nature with a better shelf life.

CIBC and Royal Bank are both 3-5 days to deliver coinage to the branch where ordered. ...and thanks again for the link as it has some other hobby coins I think are kinda cool! :)

Thecrownsown,

We are aware that there are other treatments that are more "economical" than silver. It makes sense that one wouldn't use up all ones silver for medicinal purposes if one had other options. Besides, there are ways one can re use the silver for sure.

And what out "in nature" has a better shelf life that silver??
Title: Re: Purchasing Silver and Gold coins
Post by: thecrownsown on September 05, 2013, 05:48:24 PM
Silver is a great electrical conductor.  If it wasn't so overpriced for it's abundance, we would be using it for electrical applications in lieu of copper. 

As for silver used in colloidals..there is no evidence this actually works and at best can be considered a placebo.  Silver as a disinfectant in a compound does work...but economically speaking there are way better disinfectants out there on the market, or found in nature with a better shelf life.

CIBC and Royal Bank are both 3-5 days to deliver coinage to the branch where ordered. ...and thanks again for the link as it has some other hobby coins I think are kinda cool! :)

Thecrownsown,

We are aware that there are other treatments that are more "economical" than silver. It makes sense that one wouldn't use up all ones silver for medicinal purposes if one had other options. Besides, there are ways one can re use the silver for sure.

And what out "in nature" has a better shelf life that silver??

Sorry, I think I wasn't clear in my post.  It wasn't that there are just more economical methods than an attempted use of silver for medicinal applications...it's that there is no real medicinal use of silver except for some silver compounds that have limited application and are all but obsolete compared to other products. I'd use vinegar first...

If you are interested in belief's of the usage of silver, perhaps it's better suited for the fringe section. This post is about purchasing silver the cheapest as possible.

I don't want to get into a bickering match on your beliefs or anyone elses, and just want to keep to the topic at hand.   
Title: Re: Purchasing Silver and Gold coins
Post by: above all, adapt on September 05, 2013, 06:57:44 PM
No, I will not back down to this misinformation.

In the hospital, we have gauze that is embedded with silver. It helps wounds heal and is also a disinfectant. It works the best.

There is also a dressing called Medihoney which has honey in it. It also often works better than traditional dressings/antibiotics. Honey is a disinfectant and a person who is resistant to superbugs such as MRSA and VRE (thus certain anitibiotics don't work for them), can use this.

Sorry for trying to help
Title: Re: Purchasing Silver and Gold coins
Post by: NObshere on September 05, 2013, 07:24:12 PM
there's a pawnshop online called CRIB out of edmonton where I used to buy some of my silver don't know if it's still there. But his prices were just above market easy to deal with too. give him a go.
Title: Re: Purchasing Silver and Gold coins
Post by: JustABear on September 05, 2013, 08:34:07 PM
At the risk of entering this fray let me begin by stating THERE IS NO MAGIC BULLET. Silver in many forms has been used effectively in LIMITED applications. It CAN be beneficial in the treatment of wounds and will enhance, in some cases, the efficacy of antibiotics and healing. In modern medicine it is used as an adjunct to current therapy.. not as a separate therapy on it's own. It is the same with honey. Honey is a super saturation of sugar and any bacteria or other organism that comes in contact with it is basically desiccated and dies. Honey it self has no real "antibacterial" properties. What it does do is provide an environment where the bacteria cannot survive. Modern antibiotics work on an intercellular level to interrupt the ability of the bacteria to reproduce therefore allowing the body's immune system to gain the upper hand. Because of this the bacteria can become resistant to the antibiotic through evolution. Nothing can become resistant to dehydration.

Infections such as MRSA and VRE are only the tip of the iceberg of antibiotic resistant bacteria. They can infect wounds of those who have weakened immune systems as well as those who have had the normal flora and fauna of their bodies altered through use of antibiotics. The most prevalent of this type is C Difficile which runs rampant in a bowel that has had it's normal bacteria load altered by antibiotics. That is a reason to eat yogurt when you are on antibiotics. Secondly many people are carriers of mrsa and others yet never develop an infection. Every patient who is admitted to hospital is swabbed to see if they have it. Nose, armpits, groin and rectum are swabbed and cultured. I guess the bottom line is there is some evidence for the use of silver containing compounds in healthcare settings in very limited applications. Is silver the magic bullet? No. If it was, there never would have been a need OR MARKET to justify the development of antibiotics. If silver was truly as effective as many believe it to be... why did deaths in the US civil war from disease (413458) so far outstrip deaths from wounds (105070)... both sides included. TOTAL deaths for this conflict was 618,000.

It is difficult when belief meets science.
Title: Re: Purchasing Silver and Gold coins
Post by: above all, adapt on September 05, 2013, 08:56:52 PM
At the risk of entering this fray let me begin by stating THERE IS NO MAGIC BULLET. Silver in many forms has been used effectively in LIMITED applications. It CAN be beneficial in the treatment of wounds and will enhance, in some cases, the efficacy of antibiotics and healing. In modern medicine it is used as an adjunct to current therapy.. not as a separate therapy on it's own. It is the same with honey. Honey is a super saturation of sugar and any bacteria or other organism that comes in contact with it is basically desiccated and dies. Honey it self has no real "antibacterial" properties. What it does do is provide an environment where the bacteria cannot survive. Modern antibiotics work on an intercellular level to interrupt the ability of the bacteria to reproduce therefore allowing the body's immune system to gain the upper hand. Because of this the bacteria can become resistant to the antibiotic through evolution. Nothing can become resistant to dehydration.

Infections such as MRSA and VRE are only the tip of the iceberg of antibiotic resistant bacteria. They can infect wounds of those who have weakened immune systems as well as those who have had the normal flora and fauna of their bodies altered through use of antibiotics. The most prevalent of this type is C Difficile which runs rampant in a bowel that has had it's normal bacteria load altered by antibiotics. That is a reason to eat yogurt when you are on antibiotics. Secondly many people are carriers of mrsa and others yet never develop an infection. Every patient who is admitted to hospital is swabbed to see if they have it. Nose, armpits, groin and rectum are swabbed and cultured. I guess the bottom line is there is some evidence for the use of silver containing compounds in healthcare settings in very limited applications. Is silver the magic bullet? No. If it was, there never would have been a need OR MARKET to justify the development of antibiotics. If silver was truly as effective as many believe it to be... why did deaths in the US civil war from disease (413458) so far outstrip deaths from wounds (105070)... both sides included. TOTAL deaths for this conflict was 618,000.

It is difficult when belief meets science.

Agreed.
Title: Re: Purchasing Silver and Gold coins
Post by: NObshere on September 05, 2013, 11:43:10 PM
I thought this was all behind us and returned to the subject of purchasing precious metals. Hope the places I mentioned helped out Crowns.

tata for now...
Title: Re: Purchasing Silver and Gold coins
Post by: JustABear on September 06, 2013, 12:02:22 AM
Absolutely little lady, silver and gold can both be used to make colloidial compounds to combat anything from colds to infections in open wounds.

I felt the need to add to this as erroneous statements need to be addressed and clarified less they lead to people making incorrect decisions.
Title: Re: Purchasing Silver and Gold coins
Post by: NObshere on September 06, 2013, 01:48:56 AM
Did not mean to sound snotty just returning the post to it's original thread

BTW very good english...LOL
Title: Re: Purchasing Silver and Gold coins
Post by: NObshere on September 24, 2013, 12:15:34 AM
I think that the best non ferrous metal to invest in is lead...
Title: Re: Purchasing Silver and Gold coins
Post by: M590a1 on September 24, 2013, 01:19:36 AM
HA HA HAHAAHAA!!!
Title: Re: Purchasing Silver and Gold coins
Post by: icrcc on September 24, 2013, 10:12:30 AM
Don't forget Brass.  :)
Title: Re: Purchasing Silver and Gold coins
Post by: Gravlore on October 25, 2013, 02:47:37 PM
So predictable in keynesian economics. QE will continue until a currency collapses under its own weight. The balance sheet, velocity of money and M1-M2 show that throwing money can not fix peoples attitudes toward prosperity. Devalue that paper even more and lets get this show on the road.

http://research.stlouisfed.org/fred2/series/M2V/
http://research.stlouisfed.org/fred2/series/M2SL?cid=29
http://research.stlouisfed.org/fred2/series/AMBSL?cid=124                     <------ (please check this one out)
http://research.stlouisfed.org/fred2/series/WRESBAL?cid=32215

There is more but this is enough fantastic news for now.
Title: Re: Purchasing Silver and Gold coins
Post by: M590a1 on October 25, 2013, 07:09:05 PM
"Quantitative Easing Unlimited" for the next 3 months or so.  Relax, this Sept 2012 article indicates this has been going on for well over a year.  Nothing to worry about.  >:D

http://www.businessinsider.com/unlimted-qe-2012-9
Title: Re: Purchasing Silver and Gold coins
Post by: Gravlore on November 08, 2013, 12:43:29 PM
http://viableopposition.blogspot.ca/2013/10/the-ever-slowing-velocity-of-money.html

Excellent rundown on economics. The charts and the explanations to go with them.

Just bought more PM's today. It may fall but it has hit some strange floor IMO. Oil inventories are higher (Bearish for economy) Consumer sentiment is lower (Bearish as well) but the GDP numbers are higher (bullish). Why would the GDP be higher even though spending is low? Mixed messages are everywhere. France is downgraded to AA credit rating now and the ECB lowered rates 25bp. This is NOT a sign of strong economies. Paper pushers are in the metals markets and this distorts the value (as many already know).

Here ya go. Seriously read this data before making an informed purchase/selling decision. Much of it is in layman terms. Let me know what you think.

http://www.moneymorning.com.au/20131108/the-comex-gold-shortage.html
Title: Re: Purchasing Silver and Gold coins
Post by: icrcc on November 08, 2013, 12:58:30 PM
Both are excellent links Gravlore. The fist link explains things so that the layman can understand them. The second link concerning the disappearing gold talks about the gold moving to the east and I don't mean Europe. I agree with the author that we may not see it return during this generation. Also physical gold remains a safe long tern investment.
Title: Re: Purchasing Silver and Gold coins
Post by: Gravlore on November 08, 2013, 01:22:38 PM
While I am not a huge fan of numismatic coin and collectables I am putting in a 10% holding into them. I purchase limited runs that are attractive pieces. The reason is that I enjoy looking at them and if (big if) things were ever to return to a normal state as far as the economy goes, much of it should gain in monetary value. Its a hedge for me. Kind of like buying baseball cards for some, but the coins are silver in content and will not hit 0 no matter what. 3-4X cost on actual metal content is not exciting but collectables that are silver are much better than currency collectables that are base metals. I know this goes against the grain of collapse but it is a small hedge.
Title: Re: Purchasing Silver and Gold coins
Post by: Gravlore on November 12, 2013, 01:36:30 AM
Lies>  http://www.cnbc.com/id/101189233

And here is a LONG but great explanation why. It mirrors much of what I tell others around me. Its nice that some understand charts well. If you read anything economic, please let it be this. If you think its crazy by the END of the article, you can disregard anything I have to say from this point on (if you haven't already). It is the closest thing to a real forecast that I have seen in a long time.

http://www.zerohedge.com/news/2013-11-02/paul-brodsky-fed-holding-burning-match
Title: Re: Purchasing Silver and Gold coins
Post by: Mountainman on December 26, 2013, 10:05:19 PM
Evenin' All,

Canadian Mint is producing a new 1/4 ounce gold coin commemorating The Devil's Brigade. Only minting 2000 coins. $650 per coin.

Here is the link: 

http://www.mint.ca/store/coin/coin-prod1690007?sp_rid=NjU2MDYyNjA2NAS2&sp_mid=7657323&spMailingID=7657323&spUserID=NjU2MDYyNjA2NAS2&spJobID=108709464&spReportId=MTA4NzA5NDY0S0#.Urzs0_vDva4 (http://www.mint.ca/store/coin/coin-prod1690007?sp_rid=NjU2MDYyNjA2NAS2&sp_mid=7657323&spMailingID=7657323&spUserID=NjU2MDYyNjA2NAS2&spJobID=108709464&spReportId=MTA4NzA5NDY0S0#.Urzs0_vDva4)

(http://) Sorry could not get a copy of the coin image.

Mountainman.
Title: Re: Purchasing Silver and Gold coins
Post by: icrcc on December 26, 2013, 11:33:36 PM
Here is what it looks like.
Title: Re: Purchasing Silver and Gold coins
Post by: Gravlore on December 27, 2013, 09:25:10 PM
Military coins are popular but the premiums that are attached to these (Numismatic) coins mean that one should own them for personal enjoyment over investing. I have a couple Numi's and I do own them to look at them the same way someone looks at a model car. Some get more valuable and some dont. If they sell out within a couple weeks you have a coin that is in high demand since it is hard to corner the market on a coin with order limits. At least that is what I have been told.
Title: Re: Purchasing Silver and Gold coins
Post by: Gravlore on December 27, 2013, 09:29:31 PM
Check out this beauty.

http://www.euromuenzhandel.com/epages/61294941.sf/en_GB/?ObjectPath=/Shops/61294941/Products/60186201301
Title: Re: Purchasing Silver and Gold coins
Post by: Mountainman on December 28, 2013, 01:59:24 PM
Here is what it looks like.

Thanks ICRCC!!

They are also minting a silver coin, from the same dies (if that is what they are called.)

Yes, some coins have more value than just the precious metal they are made from. I would think investing in art is similar.

MM.


Grav's,

That is an impressive coin. 4 oz of silver!! The Canadian Mint also does a 1 kg silver coin, but they sellout fast and are outside my disposable income level at the moment, LOL.

MM.
Title: Re: Purchasing Silver and Gold coins
Post by: JustABear on December 28, 2013, 03:12:56 PM
Investing in art assumes that there will be a market of individuals who are willing to pay more than a premium for the intrinsic value.. ie beauty, scarcity etc. As a hedge against inflation or for prepping it would seem a poor investment to spend 3 or 4 times as much for the same product (silver) that would only appeal to a VERY limited market and perhaps NO market in bad times. As well if you are trying to sell it in bad times the person who would be buying would be the one with the power or resources to control what it is worth. YOU would be in the position of having to sell... and perhaps desperate for whatever you can get to buy food , bullets, medical supplies or whatever you or your family needs. Pretty to look at certainly but to my mind a VERY poor investment over bullion or junk silver unless you seeking the beauty or collectivity.
Title: Re: Purchasing Silver and Gold coins
Post by: Gravlore on December 31, 2013, 12:14:30 PM
Uggg. Will the madness never end. FOOOOOOOOOLS!

http://www.theglobeandmail.com/news/politics/bank-of-canadas-gold-coins-to-be-liquidated-in-federal-push-to-balance-books/article16141316/
Title: Re: Purchasing Silver and Gold coins
Post by: icrcc on December 31, 2013, 06:43:58 PM
If it isn't nailed down looks like it will be sold. So when it is all gone then what?
Title: Re: Purchasing Silver and Gold coins
Post by: zeker on January 01, 2014, 07:43:13 AM
recently I have been looking for silver, now that the price is down.
contacted a friend in the states who owns a coin shop justmeasurescs.com and he says he isnt getting singles anymore. nobody is bringing themintohis shop.
his shipping on tubes was reasonable (10-12$)
contacted silvergoldbull canada and their shipping was $26 for the $25 coin.
not for me.

ebay scares me with fakes.altho yrs ago I bought many there.

 NEVER BUY A COIN FROM CHINA.

kijiji had some places and found one close to me (coniston) and have contacted the guy and will be getting one or two from him ea month.cdn maples. $26
I dont drive my old wreck too far and it so happens that i have a friend about 15 min from this guy and she will go today to get me one.

I dont have much disposable income anymore but, one a month, I can do.
Title: Re: Purchasing Silver and Gold coins
Post by: Mountainman on January 01, 2014, 01:44:15 PM
Uggg. Will the madness never end. FOOOOOOOOOLS!

http://www.theglobeandmail.com/news/politics/bank-of-canadas-gold-coins-to-be-liquidated-in-federal-push-to-balance-books/article16141316/

Short sighted for sure.

MM
Title: Re: Purchasing Silver and Gold coins
Post by: NObshere on January 02, 2014, 08:39:22 AM
It's just another move to make us dependant on a fiat global currency.
Title: Re: Purchasing Silver and Gold coins
Post by: Greenguy on January 03, 2014, 09:46:28 AM
You could try London Gold Buyer.  They buy and sell gold and silver coin, jewelry and bullion.  They have offices in London and I think in Hamilton too.  Their price on silver looks to be a few dollars cheaper than other places.
http://www.londongoldbuyer.com/ (http://www.londongoldbuyer.com/)
Title: Re: Purchasing Silver and Gold coins
Post by: Gravlore on January 03, 2014, 10:41:21 AM
You could try London Gold Buyer.  They buy and sell gold and silver coin, jewelry and bullion.  They have offices in London and I think in Hamilton too.  Their price on silver looks to be a few dollars cheaper than other places.
http://www.londongoldbuyer.com/ (http://www.londongoldbuyer.com/)

25 1 oz silver maples on londonbuyer came out to $659.00
25 1 oz silver maples on silvergoldbull came out to $611.00

Am I missing something Green? I want the best deal possible so this is not supposed to come off as snooty.
Title: Re: Purchasing Silver and Gold coins
Post by: Greenguy on January 03, 2014, 11:00:37 AM
Admittedly, I don't know much about buying gold or silver.  I was looking at their 1 oz silver wafers yesterday.  I made a mistake in thinking their sell price was their buy price.  You're right Grav, it's not the cheapest place to buy. 
I think I'll still use them because they are local and I can walk in and "cash and carry".  Then I don't have ship costs or a paper trail.  Sorry for the misinformation!
Title: Re: Purchasing Silver and Gold coins
Post by: Gravlore on January 04, 2014, 02:21:16 AM
Much better if you can go straight to the dealer. I wish we had one but the closest is about a 3hr drive.

No apologies necessary Green. We are on the same team. I hope others send their dealers to this page since many are local and some may not know about them. Cash and carry is the most ideal IMO.

Title: Re: Purchasing Silver and Gold coins
Post by: tazweiss on January 29, 2014, 12:39:44 PM
I've noticed that several of these posts advocate buying silver online.  I suppose that would be fine if you're looking to maybe turning it over to the government.  People tend to forget that governments tend to confiscate precious metals when their coffers get tight. Remember, both the U.S. government and the Canadian government have done it before, who's to say they won't do it again.  Buying online leaves a documented trail to your doorstep.  Computer records, credit card records, etc., why take the risk.  If I buy silver, I go to a local coin shop and pay cash, I have yet to be asked for ID.  There are no records of how much, if any, silver I have.  If they don't know you've got it, they have no reason to come looking for it.
I never buy bullion, only coins.  There is a tax on bullion transactions but coins are considered legal tender and there is no tax on an exchange of legal tender.  Also, when you buy from the bank, you support a large corporation.  Buying from a local coin shop supports the local economy
Title: Re: Purchasing Silver and Gold coins
Post by: icrcc on January 29, 2014, 05:01:11 PM
That sounds like a sound approach Taz.
Title: Re: Purchasing Silver and Gold coins
Post by: Gravlore on January 29, 2014, 05:38:03 PM
I spend/give away all my silver once I get bored looking at it.
Title: Re: Purchasing Silver and Gold coins
Post by: above all, adapt on January 29, 2014, 08:09:28 PM
I spend/give away all my silver once I get bored looking at it.

yep,lol..
Title: Re: Purchasing Silver and Gold coins
Post by: Mountainman on January 29, 2014, 08:40:50 PM
Taz,

Wise strategy!

MM.
Title: Re: Purchasing Silver and Gold coins
Post by: M590a1 on January 29, 2014, 08:46:37 PM
Silver is highly undervalued and should be at around $100/oz according to many and would be an excellent investment it seems.  For me it's still all about useful items though.  High quality clean burning .22 ammo for example. >:D
Title: Re: Purchasing Silver and Gold coins
Post by: tazweiss on February 04, 2014, 02:00:15 PM
Silver is highly undervalued and should be at around $100/oz according to many and would be an excellent investment it seems.  For me it's still all about useful items though.  High quality clean burning .22 ammo for example. >:D

Remember, gold and silver are precious metals.  Lead is only considered to be a semi-precious metal. ;) ;)
Title: Re: Purchasing Silver and Gold coins
Post by: NObshere on February 04, 2014, 02:11:09 PM
Silver is highly undervalued and should be at around $100/oz according to many and would be an excellent investment it seems.  For me it's still all about useful items though.  High quality clean burning .22 ammo for example. >:D

Remember, gold and silver are precious metals.  Lead is only considered to be a semi-precious metal. ;) ;)

But lead moves much faster...LOL
Title: Re: Purchasing Silver and Gold coins
Post by: Gravlore on February 05, 2014, 05:28:21 PM
Infographic.

http://demonocracy.info/infographics/world/silver/silver.html
Title: Re: Purchasing Silver and Gold coins
Post by: Gravlore on November 16, 2014, 12:43:45 AM
Regarding the $20 for $20, $100 for $100 mint.ca series.


http://www.thestar.com/business/2012/07/05/coin_collector_learns_the_difference_between_legal_tender_and_spending_money_the_hard_way.html
Title: Re: Purchasing Silver and Gold coins
Post by: zeker on November 16, 2014, 05:34:08 AM
interesting about the legal tender aspect.. I recently tried to buy a silver coin from the bank.. the price was decent but they wanted $10 + to give it to me.
 
so I will stick to kijiji and ebay