Of course they are. I ordered 50 Britannias Friday.Looks like all PMs are headed down today. Buying opportunity?
Thanks, I do like that concept for what I'm trying to accomplish. The price is better by a large margin than the 1/10 oz gold eagle. With both as legal tender for provenance, I'm assuming similar purchasing power in the US?Another option is the 1/10 oz. legal tender Canadian bars in a 1/2 oz. multipack. Small enough to have a good small-denomination value, large enough to not get lost too easily. On sale now at silvergoldbull.
Well, the "legal tender" is of limited value wherever. The metal value is much more than the nominal legal value. That's kind of a backstop - it will never drop below that legal tender value.Thanks, I do like that concept for what I'm trying to accomplish. The price is better by a large margin than the 1/10 oz gold eagle. With both as legal tender for provenance, I'm assuming similar purchasing power in the US?
Yes. I was trying to reassure myself that the Canadian coin or bars that are minted as legal tender, like the American eagle, are recognized or are as valuable to purchase with. Purchasing power as in gold content value. In a SHTF scenario, my assumption was a minted recognized coin would be better than a round. If not, I should just buy rounds.Well, the "legal tender" is of limited value wherever. The metal value is much more than the nominal legal value. That's kind of a backstop - it will never drop below that legal tender value.
I buy as cheap as possible in as small of denominations possible. Now to be more specific I have plenty of 5oz and 10oz bars and I like to buy "junk" but 80% of the time I buy 1oz bars. I'll buy rounds occasionally but I don't like paying "collectible premiums" so I go as generic as possible while still getting the clearly marked and identifiable Mints.I am curious to hear what other's preferences are concerning silver. We seem to have several newer stackers in this thread and we would all benefit from sharing some thoughts. My meager stash has a little of everything from 90% junk to 5oz-10oz bars, to sovereign coins like Eagles, Maple Leafs, Philharmonics, etc. I even have a kilo Kookaburra coin. Anything I buy has to be clearly marked for quantity, purity, and origin. My overall approach is to buy the cheapest per ounce I can giving weight to the above. And with eventual sale or trade in mind, I consider the individual weight as well. For instance, if I can get ten 1oz rounds for about the same as a 10oz bar, rounds it is. If ten sovereign coins are close to the generic round price, sovereigns rule.
A specific question I have is on 90% junk silver. Price aside, does anyone think there is a downside to buying this? I bought a little years ago when it was priced at spot. But more often than not lately the premium is high. If the price is right, "silver is silver" I guess. But for some reason I still shy from it.
The only bars I have are the ones I got from you Tyler. I've thought about getting some, but so far (at least on the PM sites) they seem to be about the same price as the rounds, although maybe I need to take a closer look at the more "generic" ones.I buy as cheap as possible in as small of denominations possible. Now to be more specific I have plenty of 5oz and 10oz bars and I like to buy "junk" but 80% of the time I buy 1oz bars. I'll buy rounds occasionally but I don't like paying "collectible premiums" so I go as generic as possible while still getting the clearly marked and identifiable Mints.
I should also point out that I have some really cool wooden boxes where bars fit perfectly in them and that's the biggest reason I started going after bars. But I have some pretty cool rounds too.The only bars I have are the ones I got from you Tyler. I've thought about getting some, but so far (at least on the PM sites) they seem to be about the same price as the rounds, although maybe I need to take a closer look at the more "generic" ones.
If it comes down to $15 I'll get a second mortgage on the house and go Hunt Brothers on ya'll. LOLCome on $15. I want some more clink. Don't worry, it'll go back up.
I stumbled across SilverTowne today. Guess I didn't know about the Winchester mint. I will probably buy some junk at some point, so thanks to you and everyone that provides info for the newbies.That's where junk silver has an advantage. Everyone here recognizes it as money, it's still legal tender. Just worth way more than face value, like any government minted bullion coin.
I prefer junk silver. It's easily recognized as money, usually cheaper than eagles, etc and can be converted to Fiat money without any problemsI am curious to hear what other's preferences are concerning silver. We seem to have several newer stackers in this thread and we would all benefit from sharing some thoughts. My meager stash has a little of everything from 90% junk to 5oz-10oz bars, to sovereign coins like Eagles, Maple Leafs, Philharmonics, etc. I even have a kilo Kookaburra coin. Anything I buy has to be clearly marked for quantity, purity, and origin. My overall approach is to buy the cheapest per ounce I can giving weight to the above. And with eventual sale or trade in mind, I consider the individual weight as well. For instance, if I can get ten 1oz rounds for about the same as a 10oz bar, rounds it is. If ten sovereign coins are close to the generic round price, sovereigns rule.
A specific question I have is on 90% junk silver. Price aside, does anyone think there is a downside to buying this? I bought a little years ago when it was priced at spot. But more often than not lately the premium is high. If the price is right, "silver is silver" I guess. But for some reason I still shy from it.