H
hamsackbag
Howdy folks,
I thought i might give an accounting of my recent PM buying spree in the South Texas area. I went into a coin shop to buy silver. All there was in the store in my interest range were 4 generic .999 1oz "merry christmas 1983" type rounds,a few numismatic collectable pieces for more than double spot that do not interest me,some 40% silver and no gold at all. But the store wasn't empty, on the contrary there were 4 people ahead of me, selling various coins and jewelry and collectables. I waited for some for these sales to occur, and I picked up some freshly sold PMs. I would like to give a breakdown of pricing in my area to maybe compare with others around the globe. On the 23rd of November i was able to purchase .999 generic silver rounds for $33.75, American Silver Eagles for $35.60, 90% silver at $28.00 and a gold Maple for 1740.00.
How does this compare with anyone's recent adventures into the gritty world of Precious Metals? Any comments about the lack of physical, or the status of people selling collections and heirlooms?
And as an aside, does anyone find it ironic that Mr. T and rappers such as Sir Mix-a-lot had better financial advice than many of "The Smartest Guys in the World"
I thought i might give an accounting of my recent PM buying spree in the South Texas area. I went into a coin shop to buy silver. All there was in the store in my interest range were 4 generic .999 1oz "merry christmas 1983" type rounds,a few numismatic collectable pieces for more than double spot that do not interest me,some 40% silver and no gold at all. But the store wasn't empty, on the contrary there were 4 people ahead of me, selling various coins and jewelry and collectables. I waited for some for these sales to occur, and I picked up some freshly sold PMs. I would like to give a breakdown of pricing in my area to maybe compare with others around the globe. On the 23rd of November i was able to purchase .999 generic silver rounds for $33.75, American Silver Eagles for $35.60, 90% silver at $28.00 and a gold Maple for 1740.00.
How does this compare with anyone's recent adventures into the gritty world of Precious Metals? Any comments about the lack of physical, or the status of people selling collections and heirlooms?
And as an aside, does anyone find it ironic that Mr. T and rappers such as Sir Mix-a-lot had better financial advice than many of "The Smartest Guys in the World"