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Thread: Question about silver coins...

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    Default Question about silver coins...

    I found some silver coins at my local dealer, they are all 1 troy oz, .999 fine silver but they are all Christmas coins with Santa Claus on them. Does having a design like that (Santa or otherwise) make them harder to sell when you want to sell them?



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    Does he have any silver Eagles ?

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    Site Staff - Moderator Brian4Liberty's Avatar
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    Quote Originally Posted by down_south View Post
    I found some silver coins at my local dealer, they are all 1 troy oz, .999 fine silver but they are all Christmas coins with Santa Claus on them. Does having a design like that (Santa or otherwise) make them harder to sell when you want to sell them?
    Do reindeer fly?

    Yes, they will be harder to sell. The premium for American Eagles is that they are well known and trusted, and people will have one for comparison.
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  5. #4

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    No silver eagles, silver Santas only right now Has anyone bought any coins online and if so, have you had any problems receiving them? I guess I like guying local just cause I like no record of my buying anything.

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    Moderator jdmyprez_deo_vindice's Avatar
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    If you would be selling for strictly melt value than no they will not be harder to sell. If you are looking for investment pieces with both an increasing melt value and an increasing numismatic value than there are better options out there for you. That said, there is always a niche market of commemorative and novelty coin/token collectors who will scoop up hard to find items. You might want to get an idea as to how many of these were struck.
    "Governor, if I had foreseen the use those people
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    Had I foreseen these results of subjugation,
    I would have preferred to die at Appomattox
    with my brave men, my sword in my right hand." - Robert E. Lee to Governor Fletcher S. Stockdale (D-Texas), 1870


  7. #6

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    Make sure its a TROY ounce

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    Does he have any common Peace dollars ( 1922 , 1923 ) or common Morgan dollars ( 1921 ) ? They are about 3/4 of an ounce , easier to unload later, you will probably have to pay $32 ish , but you can get that back out of them , or more, later.
    Last edited by oyarde; 11-17-2012 at 03:41 PM.

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  10. #9

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    It's bullion silver, I would have no problem buying it. Not much over spot and make sure it is a troy ounce. I own lots of silver bullion along with junk silver and eagles. I buy what is the best deal at the time i'm looking.
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    Quote Originally Posted by down_south View Post
    No silver eagles, silver Santas only right now Has anyone bought any coins online and if so, have you had any problems receiving them? I guess I like guying local just cause I like no record of my buying anything.
    I like buying in person as well.

  12. #11

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    Quote Originally Posted by down_south View Post
    I found some silver coins at my local dealer, they are all 1 troy oz, .999 fine silver but they are all Christmas coins with Santa Claus on them. Does having a design like that (Santa or otherwise) make them harder to sell when you want to sell them?
    yes, coins and bars with no mint name on it are generally harder to sell.

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    I would be more inclined to pick up 14 uncirculated early 60's dimes for $2.50 ea , but that is just me ....

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    I have never used APMEX for anything , but last ad I saw had Silver Eagles @ 36.84 , a generic.999 silveroz round @ $35.34 and a 10 oz silver bar @ 346.40. One of the reasons I buy local , I can beat any net price I have ever seen , I pay no tax, no shipping , no minimums etc.

  15. #14

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    Quote Originally Posted by oyarde View Post
    I have never used APMEX for anything , but last ad I saw had Silver Eagles @ 36.84 , a generic.999 silveroz round @ $35.34 and a 10 oz silver bar @ 346.40. One of the reasons I buy local , I can beat any net price I have ever seen , I pay no tax, no shipping , no minimums etc.

    I've used Apmex several times, and have never had a problem with them. Buying local would be the best bet, especially if you can get good deals. But for those who don't have any good local sources, Apmex would make a good second place option.

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    Quote Originally Posted by KCIndy View Post
    I've used Apmex several times, and have never had a problem with them. Buying local would be the best bet, especially if you can get good deals. But for those who don't have any good local sources, Apmex would make a good second place option.
    Kind of what I was thinking .

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    Site Staff - Moderator Brian4Liberty's Avatar
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    24 Hours sale on APMEX silver rounds, $1.29 over spot.

    http://www.apmex.com/Product/27024/....111912Pro27024
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    I know interacting with society is one of the great collective fears of the liberty movement but you guys really need to start hitting estate auctions and such. Why pay over spot price for silver when you can wait for the right auction and but up a lot of it for next to nothing? Not to mention gold, sterling silver, coin silver and gem stones.
    "Governor, if I had foreseen the use those people
    designed to make of their victory,
    there would have been no surrender at
    Appomattox Courthouse; no sir, not by me.
    Had I foreseen these results of subjugation,
    I would have preferred to die at Appomattox
    with my brave men, my sword in my right hand." - Robert E. Lee to Governor Fletcher S. Stockdale (D-Texas), 1870


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    Quote Originally Posted by jdmyprez_deo_vindice View Post
    I know interacting with society is one of the great collective fears of the liberty movement but you guys really need to start hitting estate auctions and such. Why pay over spot price for silver when you can wait for the right auction and but up a lot of it for next to nothing? Not to mention gold, sterling silver, coin silver and gem stones.
    I agree , I do auctions etc, sometimes you can get a decent deal , sometimes not , does not cost anything to walk away, go to the house , make a bacon sandwich ...

  20. #19

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    Quote Originally Posted by oyarde View Post
    I would be more inclined to pick up 14 uncirculated early 60's dimes for $2.50 ea , but that is just me ....
    yes, not a bad idea, although not as pure, they're harder to counterfeit, easier to verify, and easier to sell.

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    Quote Originally Posted by down_south View Post
    I guess I like guying local just cause I like no record of my buying anything.

    Nothing wrong with that, but I must admit I do not get this seemingly excessive need for anonymity. Your call, of course, but I have no problem buying anything of the sort online. I bought 10K rounds of 5.56, for example, just as Bammy was getting into office. I don't give a mouse's shit if they know about it because if things go toward pending confiscation, I can assure you that my assets are going to mysteriously disappear from the house. "They" are never going to see anything of my possessions. Weapons, metals, ammo, liquor, machine tools... all ghosts if the time comes. They can come and demand until they are blue in their faces. I will simply stand back and have a good chuckle. I am no longer afraid of "them". Perhaps I should be? I don't know. I just know that I am not and will not make any extraordinary effort to hide my opinions and so forth. If they do not like what I think or do, let them take me to Gitmo if they dare. I could use the change of scenery.
    Last edited by osan; 11-19-2012 at 11:10 PM.
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    They have a new soccer field @ Gitmo.

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    Quote Originally Posted by oyarde View Post
    They have a new soccer field @ Gitmo.
    Rather they let me go to the range. Soccer is SUCH an annoying game.
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    ignominia et contemptum tyrannis

    Habeo excelsum artem; afflixerim cum crudelitate illis qui laedas me

    Shelley's thinly veiled warning to tyrants:

    The monster saw my determination in my face and gnashed his teeth in the impotence of anger. "Shall each man," cried he, "find a wife for his bosom, and each beast have his mate, and I be alone? I had feelings of affection, and they were requited by detestation and scorn. Man! You may hate, but beware! Your hours will pass in dread and misery, and soon the bolt will fall which must ravish from you your happiness forever. Are you to be happy while I grovel in the intensity of my wretchedness? You can blast my other passions, but revenge remains--revenge, henceforth dearer than light or food! I may die, but first you, my tyrant and tormentor, shall curse the sun that gazes on your misery. Beware, for I am fearless and therefore powerful. I will watch with the wiliness of a snake, that I may sting with its venom. Man, you shall repent of the injuries you inflict.”

  24. #23

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    This is crazy.Silver is SILVER! What difference does it make what design is on it?

  25. #24

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    Quote Originally Posted by Dogsoldier View Post
    This is crazy.Silver is SILVER! What difference does it make what design is on it?
    I suppose if it fits in your caldron to melt down it is just a matter of if it will fit. That and the purity.

    Someone making a trade on the other hand may want something he recognizes and is comfortable with. Lots of us can't do a lot of testing and have to do a lot of trusting.
    Last edited by Carson; 02-02-2013 at 11:37 PM.

  26. #25

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    Quote Originally Posted by Dogsoldier View Post
    This is crazy.Silver is SILVER! What difference does it make what design is on it?
    purity, quality, and reliability of the brand.





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