texashuntingforum.com logo
Main Menu
Advertisement
Affiliates
Advertisement
Newest Members
TMKSHOOTER, ThereIsNoTry, That1Guy, MovingFromNJ, AlanLCR
70174 Registered Users
Top Posters(All Time)
dogcatcher 110,538
bill oxner 91,416
SnakeWrangler 63,605
stxranchman 59,968
Gravytrain 46,950
RKHarm24 44,585
rifleman 44,461
BMD 41,241
Forum Statistics
Forums46
Topics609,510
Posts11,323,012
Members85,174
Most Online19,184
Feb 5th, 2020
Print Thread
Page 1 of 2 1 2
Buying Silver, what should I know? #8057802 11/20/20 07:34 PM
Joined: Jul 2011
Posts: 1,383
B
BearkatHunter2011 Offline OP
Pro Tracker
OP Offline
Pro Tracker
B
Joined: Jul 2011
Posts: 1,383
Thinking of buying some silver coins. What should I know?

Re: Buying Silver, what should I know? [Re: BearkatHunter2011] #8057809 11/20/20 07:40 PM
Joined: Jan 2010
Posts: 3,760
S
Stevarino Online Content
Extreme Tracker
Online Content
Extreme Tracker
S
Joined: Jan 2010
Posts: 3,760
It’s hard to sell at face value.

Last edited by Stevarino; 11/20/20 07:41 PM.
Re: Buying Silver, what should I know? [Re: Stevarino] #8057811 11/20/20 07:42 PM
Joined: Jan 2010
Posts: 22,862
F
fadetoblack64 Offline
giddyup
Offline
giddyup
F
Joined: Jan 2010
Posts: 22,862
Buy ya a bag of pre 64 change and be done with it.


The wind in the wires made a tattle-tale sound
And a wave broke over the railing
And every man knew, as the captain did too
T’was the witch of September come stealin’
Re: Buying Silver, what should I know? [Re: BearkatHunter2011] #8057823 11/20/20 07:55 PM
Joined: Dec 2013
Posts: 101
Z
Zipster Offline
Woodsman
Offline
Woodsman
Z
Joined: Dec 2013
Posts: 101
Try to buy maple leafs or Morgans if possible. Generic rounds are harder to prove they are real. Also watch the spot price. You will pay spot on top of the going rate. Ex: if market is 23.00 ounce and Spot is 2.00 bucks, you will pay 25.00 per ounce. Spot can flux with the seller so shop around.

Re: Buying Silver, what should I know? [Re: BearkatHunter2011] #8057825 11/20/20 07:56 PM
Joined: Mar 2005
Posts: 3,255
S
Sniper.270 Offline
Veteran Tracker
Offline
Veteran Tracker
S
Joined: Mar 2005
Posts: 3,255
Originally Posted by BearkatHunter2011
Thinking of buying some silver coins. What should I know?


Depends on what you mean when you say “coins.”

If you are going “Junk” silver like TWYC mentions, that’s one thing. If you want .999 silver you can get coins, bars, and a variety. You can get fractional coins etc. you can also go metric and do grams and such. If you are just getting started and don’t know, I would suggest the secondary market. Tons of options and it’s very easy to get started and not drop a ton of money.

If you are going to do it long term I would also suggest picking a theme.

Lastly, if this is a short term, in and out, I wouldn’t do silver.


Proverbs 2
Re: Buying Silver, what should I know? [Re: BearkatHunter2011] #8057866 11/20/20 08:33 PM
Joined: Sep 2004
Posts: 9,559
R
RedRanger Offline
THF Trophy Hunter
Offline
THF Trophy Hunter
R
Joined: Sep 2004
Posts: 9,559
I always confer with the Hunt Brothers when trying to corner the silver market.

Re: Buying Silver, what should I know? [Re: BearkatHunter2011] #8057955 11/20/20 09:50 PM
Joined: Aug 2008
Posts: 14,711
D
don k Online Content
THF Celebrity
Online Content
THF Celebrity
D
Joined: Aug 2008
Posts: 14,711
You should have bought 8 months ago.

Re: Buying Silver, what should I know? [Re: don k] #8057974 11/20/20 10:09 PM
Joined: Jan 2010
Posts: 22,862
F
fadetoblack64 Offline
giddyup
Offline
giddyup
F
Joined: Jan 2010
Posts: 22,862
It's going to 4.....he has time.


The wind in the wires made a tattle-tale sound
And a wave broke over the railing
And every man knew, as the captain did too
T’was the witch of September come stealin’
Re: Buying Silver, what should I know? [Re: Stevarino] #8057993 11/20/20 10:19 PM
Joined: Sep 2007
Posts: 7,541
N
Nathan at Fork Offline
THF Trophy Hunter
Offline
THF Trophy Hunter
N
Joined: Sep 2007
Posts: 7,541
Originally Posted by Stevarino
It’s hard to sell at face value.



Really? I think it would be pretty easy to sell silver coins at face value.


[Linked Image]
Re: Buying Silver, what should I know? [Re: fadetoblack64] #8057994 11/20/20 10:19 PM
Joined: Dec 2011
Posts: 1,427
F
fredeboy Offline
Pro Tracker
Offline
Pro Tracker
F
Joined: Dec 2011
Posts: 1,427
Originally Posted by takewhatyoucan64
It's going to 4.....he has time.


I hope there is a 0 on the end of that 4 bolt

Re: Buying Silver, what should I know? [Re: BearkatHunter2011] #8057996 11/20/20 10:20 PM
Joined: Nov 2009
Posts: 91,416
bill oxner Offline
THF Celebrity
Offline
THF Celebrity
Joined: Nov 2009
Posts: 91,416
They. Will either go up or down.


Quail hunting is like walking into, and out of a beautiful painting all day long. Gene Hill


[Linked Image]




Re: Buying Silver, what should I know? [Re: Nathan at Fork] #8058001 11/20/20 10:21 PM
Joined: Dec 2011
Posts: 1,427
F
fredeboy Offline
Pro Tracker
Offline
Pro Tracker
F
Joined: Dec 2011
Posts: 1,427
Originally Posted by Nathan at Fork
Originally Posted by Stevarino
It’s hard to sell at face value.



Really? I think it would be pretty easy to sell silver coins at face value.


Sure I will give you a dollar a piece for all the silver eagles you have!! banana

Re: Buying Silver, what should I know? [Re: don k] #8058044 11/20/20 10:55 PM
Joined: Mar 2005
Posts: 3,255
S
Sniper.270 Offline
Veteran Tracker
Offline
Veteran Tracker
S
Joined: Mar 2005
Posts: 3,255
Originally Posted by don k
You should have bought 8 months ago.


This is true. Very.


Proverbs 2
Re: Buying Silver, what should I know? [Re: BearkatHunter2011] #8058101 11/20/20 11:53 PM
Joined: Sep 2018
Posts: 941
O
Old Shakie Offline
Tracker
Offline
Tracker
O
Joined: Sep 2018
Posts: 941
Prices are somewhat high now....I personally would not be buying. If I were buying I would buy common or junk pre 64 U.S. coins or new Silver Eagles....easier to sell if you need to. I would avoid buying so called collectable coins....easy to over pay for mis-graded coins.

Re: Buying Silver, what should I know? [Re: Nathan at Fork] #8058102 11/20/20 11:53 PM
Joined: Jan 2010
Posts: 3,760
S
Stevarino Online Content
Extreme Tracker
Online Content
Extreme Tracker
S
Joined: Jan 2010
Posts: 3,760
Originally Posted by Nathan at Fork
Originally Posted by Stevarino
It’s hard to sell at face value.



Really? I think it would be pretty easy to sell silver coins at face value.


Maybe not coins but I was thinking along the lines of silver bars. Who do you sell to based on the current price of silver

Re: Buying Silver, what should I know? [Re: fadetoblack64] #8058178 11/21/20 12:51 AM
Joined: Oct 2008
Posts: 14,089
Tbar Offline
THF Celebrity
Offline
THF Celebrity
Joined: Oct 2008
Posts: 14,089
Originally Posted by takewhatyoucan64
Buy ya a bag of pre 64 change and be done with it.


https://www.apmex.com/category/25800/junk-silver-coins-35-40-90-silver


Make America Great Again

Re: Buying Silver, what should I know? [Re: BearkatHunter2011] #8058218 11/21/20 01:12 AM
Joined: Nov 2017
Posts: 17,842
B
Biscuit Offline
THF Celebrity
Offline
THF Celebrity
B
Joined: Nov 2017
Posts: 17,842
Wouldn’t buy right now. Peak price . CR coins in NRH is good

Re: Buying Silver, what should I know? [Re: BearkatHunter2011] #8058250 11/21/20 01:30 AM
Joined: Nov 2005
Posts: 5,334
O
Ox190 Offline
THF Trophy Hunter
Offline
THF Trophy Hunter
O
Joined: Nov 2005
Posts: 5,334
I think silver will go even higher if Biden ends up in office. There is already impending inflation, with the Democrats liberal agenda inflation with go through the roof and devalue the dollar. Gold and silver will climb.


"There has never been an occasion where a people gave up their weapons in the interest of peace that didn't end in their massacre." Louis L'Amour
Re: Buying Silver, what should I know? [Re: Zipster] #8058269 11/21/20 01:46 AM
Joined: Aug 2009
Posts: 3,109
P
postoak Offline
Veteran Tracker
Offline
Veteran Tracker
P
Joined: Aug 2009
Posts: 3,109
Originally Posted by Zipster
Try to buy maple leafs or Morgans if possible. Generic rounds are harder to prove they are real. Also watch the spot price. You will pay spot on top of the going rate. Ex: if market is 23.00 ounce and Spot is 2.00 bucks, you will pay 25.00 per ounce. Spot can flux with the seller so shop around.


What's the difference between market price and spot price?


Re: Buying Silver, what should I know? [Re: Sniper.270] #8058274 11/21/20 01:48 AM
Joined: Aug 2009
Posts: 3,109
P
postoak Offline
Veteran Tracker
Offline
Veteran Tracker
P
Joined: Aug 2009
Posts: 3,109
Originally Posted by Sniper.270
Originally Posted by BearkatHunter2011
Thinking of buying some silver coins. What should I know?


Depends on what you mean when you say “coins.”

If you are going “Junk” silver like TWYC mentions, that’s one thing. If you want .999 silver you can get coins, bars, and a variety. You can get fractional coins etc. you can also go metric and do grams and such. If you are just getting started and don’t know, I would suggest the secondary market. Tons of options and it’s very easy to get started and not drop a ton of money.

If you are going to do it long term I would also suggest picking a theme.

Lastly, if this is a short term, in and out, I wouldn’t do silver.


What is the "secondary market"?


Re: Buying Silver, what should I know? [Re: postoak] #8058365 11/21/20 03:41 AM
Joined: Mar 2005
Posts: 3,255
S
Sniper.270 Offline
Veteran Tracker
Offline
Veteran Tracker
S
Joined: Mar 2005
Posts: 3,255
Originally Posted by postoak
Originally Posted by Sniper.270
Originally Posted by BearkatHunter2011
Thinking of buying some silver coins. What should I know?


Depends on what you mean when you say “coins.”

If you are going “Junk” silver like TWYC mentions, that’s one thing. If you want .999 silver you can get coins, bars, and a variety. You can get fractional coins etc. you can also go metric and do grams and such. If you are just getting started and don’t know, I would suggest the secondary market. Tons of options and it’s very easy to get started and not drop a ton of money.

If you are going to do it long term I would also suggest picking a theme.

Lastly, if this is a short term, in and out, I wouldn’t do silver.


What is the "secondary market"?


In simplest terms it’s second hand buying. Not from a particular vendor, but maybe a vendor selling for someone. APMEX usually has decent secondary options. It’s just a bit cheaper, but stamp will be random.


Proverbs 2
Re: Buying Silver, what should I know? [Re: Old Shakie] #8058375 11/21/20 03:51 AM
Joined: Mar 2005
Posts: 3,255
S
Sniper.270 Offline
Veteran Tracker
Offline
Veteran Tracker
S
Joined: Mar 2005
Posts: 3,255
Originally Posted by Old Shakie
Prices are somewhat high now....I personally would not be buying. If I were buying I would buy common or junk pre 64 U.S. coins or new Silver Eagles....easier to sell if you need to. I would avoid buying so called collectable coins....easy to over pay for mis-graded coins.


Prices are high right now.

The pre 64 coins are a good option if you are going to hold, or collect coins. Depends on what your goal is in silver.

Silver Eagles are always safe. I don’t collect them, but many people do and you can always move them.

The collectible coins I would agree with, stay away from those. But there are some series which are good. I have an Egyptian series that is crazy good. But that’s really not collectibles. You can get some good themed/series coins which have better than average value.


Proverbs 2
Re: Buying Silver, what should I know? [Re: BearkatHunter2011] #8058415 11/21/20 04:23 AM
Joined: Jan 2012
Posts: 26,970
T
TXHOGSLAYER Online Content
THF Celebrity
Online Content
THF Celebrity
T
Joined: Jan 2012
Posts: 26,970
Buy low, sell high


5303

LETS GO BRANDON
Re: Buying Silver, what should I know? [Re: BearkatHunter2011] #8058636 11/21/20 02:38 PM
Joined: Feb 2008
Posts: 13,357
glens Offline
THF Celebrity
Offline
THF Celebrity
Joined: Feb 2008
Posts: 13,357
Have a Crown Royal bag full of Peace and Morgan Silver Dollars Wifey inheirted years ago. A few pounds worth. Grandaughter will get um when it's time.

Re: Buying Silver, what should I know? [Re: TXHOGSLAYER] #8058665 11/21/20 02:51 PM
Joined: Jan 2007
Posts: 13,039
R
reeltexan Offline
THF Celebrity
Offline
THF Celebrity
R
Joined: Jan 2007
Posts: 13,039
Originally Posted by TXHOGSLAYER
Buy low, sell high


[Linked Image]

“What do dogs do on their day off? Can’t lie around – that’s their job!” – George Carlin
Page 1 of 2 1 2
Previous Thread
Index
Next Thread

© 2004-2022 OUTDOOR SITES NETWORK all rights reserved USA and Worldwide
Powered by UBB.threads™ PHP Forum Software 7.7.3