Precious Metal Sources : www.qualitysilverbullion.com

[anthcybo]

those QSB aren't mimicking the ASE they're mimicking the liberty half dollar. the ASE and the liberty half both have the same obverse, but the reverse on the QSB copy is the liberty half dollar

[Gunnut226]

I just placed my first order with QSB and I am waiting for it to arrive. I got one of each type to evaluate it. Thanks for the great vid! I tried the dutch auction but it seems they are always out or 0 left in the lot?

[DAKODA65]

i have a close friend who just bought a 1909 vdb penny he didnt say how much it cost though. i imagine a pretty penny

[paintdataint]

HEy have you heard of silver snowball? and if so what do you personally think of it?

[cutlerylover]

@paintdataint yes, I think like any other similar program it WILL work but you must rely on other peopel and numbers for it to be effective

[Anothercoilgun]

Legion1937 and stereokid, both no video possesing, the idea completely went over your heads. Plus this is not new idea to replicate a coin in a round.

[GiveMeLiberty80]

@penguinistas....$1.39 over spot is about as cheap as you will find for silver bullion...and...if you order in high quantities they drop the premium...if you buy 20+ rounds they drop the premium to $1.19 over spot(it drops more and more as your purchase quantity increases)..and if you buy $200 worth of silver in one purchase they will give you free shipping with a coupon code that you can get from them here on youtube.

[penguinistas]

$1.39 above a spot price of $16.33 per troy ounce of silver is a commission of 8.5%. I'm not that familiar with buying gold or silver but that seems like of steep markup The dutch auction sounds like a better deal depending on how much the commission drops. If the sale price dropped all the way to 41 cents above the spot price then the commission is about 2.5% (much better). But I'm not sure how often (if ever) it drops down that low.

[mcrcomics]

it's a great mark up my friend...All silver has markup becouse of it's demand...If you bought from a mint and spot was at 16.33 you will most likley pay 17.50-19 depending on the mint and type you buy....Mark up is the cold hard fact of precious metal...but get on ebay and the mark up is even higher....LOL silver is worth what someone wants to pay for it...that why its a great investment and that's why the government doesn't want yo to have it...

[penguinistas]

I fully agreed when you say

"silver is worth what someone wants to pay for it"

I am concerned that Gold prices are artificially inflated (a bubble) because of current panic buying.

I liken it to the CA housing bubble which saw a $500,000 house drop in value to around $350,000 in the last 3 years.

Gold lost about 30% of it's value in 2008. What happens if a drop in the price induces panic selling in gold.

Buying gold (right now) is a little like shooting dice at the crap table.

[Dasdfjkl]

It's a good time to purchase silver now, the price is right.

[melbourne0]

Just a quick update QSB is offering 1/2 oz rounds of the Walking Liberty now.

[doutonight]

Don't use the hot for words into music.. jeeze..

[cutlerylover]

this isnt my intro, its from the company Im talking about...

[IKLIPTIC]

@cutlerylover Do you recommend starting off with coins or with bars, I have a few months before I will start building my stop pile of raw metals but curious about how and what got you into this and where you feel its heading for you - outside of it being a new hobbie. Other than that keep educating.

[cutlerylover]

I dont thibnk it matters much, alot og uys will say to buy coinms that are well known so when you sell ti will be easy, buty I have found ALL silver sells easily, bullion is cheaper to buy in bulk, its really up to you, but I buy both, variety is alway good, but if you want a sure thing for resale get US walking liberties (silver eagles) probably thge most known coin, you will pay more, but also get more down the road...

[nls8520]

@cutlerylover Cutlery what year US walking liberties (silver eagles) do you recommend? Thanks for these videos there great!

[cutlerylover]

@nls8520 what year you buy woudl have to do with collectability which I dotn know much about, I buy them for the silver contest thats all, once you get into graded coins and years thats collector stuff...

[JoeKerr137]

@cutlerylover Cutlery do you know anywhere I can get silver stackers that are smaller than the 10 oz? Im wondering this because I dont want o start a collection off by spending a thousand bucks on a few stackers, which I REALLY like and would love to own (maybe a 1 oz?). Thanx for these awesome vids, really helpful.

[cutlerylover]

@JoeKerr137 Sorry they dont amke 1 ozt stackers, only 10 ozt...a few different peopel make them but they are all 10...

[stereokid]

I think it's deceptive to mint rounds that look like real US coins. Especially making one that is nearly the same size and design as the Silver American Eagle which is currently being minted. Why replicate the SAE, when you can buy the real thing for just a little more. The name of the company / mint should be in larger letters, not just 3 minuscule initials. Maybe on the reverse replacing the words United States of America.

[titoortiz13]

GOOD VIDEO THO AS ALWAYS! GOOD SHIT...

[oldwithgold]

correction. My first calculation should have read- (715 x $17) = $12,155

Poor proofreading on my part

[oldwithgold]

As a rule DO NOT BUY on E-Bay. You will pay top, top dollar. Do not buy collectibles because selling is a bitch. Dealers will take you to the cleaners and unless you have another collector to seeto, you willhave to go the "auction route" which, in most cases will take 15-20% commission. Collecting common year coins is a waste of money and time. Collecting rarities is a very expensive game to play.

Sorry to be so long winded but I do not have the ability to make videos right now.

[oldwithgold]

Coins, like US silver eagles command the highest premiums but you will get most of the premiumback when you sell. 10-15% over spot is the normal premium. Generic bars and coins in the 1 oz tp 10 ounce range command 5-10% premiums over spot.

Only buy "name" brands with clearly identifiable markings as to weight. Do not buy odd weights like 10.3 oz. Buy 1, 5 10, or 100 ounce bars only. They will not need to be assayed tested. 1000 ounce bars will be more problimatic.

[cutlerylover]

good tips, BUT also remember when the rpices go way up and the general public start to buy and us vets start to sell to gain profit there will be such a vast market to sell to with little knowledge of wehat they are buying, ebay will be the place to go, you already see it now, novie buyers paying way over spot for every type of silver...

[oldwithgold]

In the last silver bull market of 1980-1981, where the Hunt Brothers cornered the market and help dive sopt silver to $50 an ounce, there was a different attiitude by the public toward precious metals. Most people are unaware that metal prices TRIPLED in less than 4 months in 1980 for amyriad of reasons. At that time, coin shops sprung up on every street corner like Starbucks shops today. Todays generation is quite "ignorant" of the concept "what is money" and how we got from gold to paper.

[oldwithgold]

In 1999, I renetered the gold market , buying 20 ounces from Kitco at $253/oz and have been adding since. Yet in all that time, people still seem to be terrified at owning a "tangible asset" as they just do not understand it. Most people on U Tube were probably not yet born when the last metal bull market happened. Todays American only understands debt and credit cards as their concept of money. The bull market that will continue will be brought about by foreign buyers, not US customers.

[oldwithgold]

What is different today from 1980: (a) the huge deficits of gov'ts and people, (b) in 1980, China, Russia & many Asian countries were not buying gold or silver, (c) the dumbing down of the US population re: anything relevant to history. 75% of the worlds population is comprised between China , India and Asia and they save in precious metals. That demand was not there is 1980. Crisis drove metals higher then. Today world demand exceeds supply. Metal prices will rise in spite of the Fed.

[cutlerylover]

I agree 100%...the good news is not alot of people in general know much about oprecious metals for investment, so scoff at it compared to other investment opportunities and they will miss out down the road when prices sky rocket...and youre right, we just cant mine fast enough to keep up with demand and the silver reserves are running out worlwide...I have other reasosn for buying besides turning a profit, but it woudl be nice to make money down the road for my family and I...

[oldwithgold]

"Junk silver" is the cheapest form of entry to owning silver. There are many reputable on dealers where you can buy junk silver at or near spot. Some have minimum quantity requirements. As a rule you might pay 2-5% over spot to buy these coins and get 2-5% BELOW spot when you sell. So anyway you look at it you will be down a minimum of 5% at the git go. Silver or any precious metal is a long term commitment (3-5 years minimum) and only for cash that you will not need during that time.

[oldwithgold]

Some tips from an older gentleman who makes his living trading gold and silver bullion and stocks. For the silver lover - 90% "junk silver" are us coins dimes, quarters and half dollars minted from 1964 and earlier. They contain .715% silver. So $1000 Face (or 4,000 quarters) has 715 ounces of silver. At current spot price of $17 per ounce, the silver content value is (700 oz x $17)= $12,155

Each quarter is worth $3.04 for its silver content.

To be continued

[r0botpiss]

plz get back to more knives =(

[NeoQuello]

what do you man by "above spot" ??

[cutlerylover]

spot p[rice is what silver is worth per ounce the exact second your talking about it..so if somethign is $1.39 above spot, and silver is worth $18 an ounce when your talking about it, their price woudl be $19.39 an ounce...

[Raycheetah]

Might want to note at the beginning of these vids if the company in question ships internationally, so viewers outside the States will know if they need to watch. How are QSB's shipping charges? For example, I know that I can get certain silver rounds at APMEX for somewhat less than QSB's base price, but then shipping charges might eat up the difference, depending on the size of my order, and how I pay. So shipping rates are important. I'm looking forward to seeing who you cover, next! =^[.]^=

[AngelGarcia3]

your videos are way to long

[cutlerylover]

or...your attention span is way to short...

[Alhidalgo]

agreed ... i totally dig the long vids. Keep up all the great work jeff

[warner9999]

good job

[Legion1937]

I stay away from rounds that look like coins. That Silver Eagle round could cause a alot of confusion. I buy minted rounds that are designed with different styles to avoid that confusion.

[mudtoa]

Thanks

Keep up the good work

[Bierkameel]

I am Dutch and like the Dutch auction idea, we use it over here when the dealers want to buy fresh fish or flowers from the fisher or grower.

[practicalskills]

in 2000 silver was about 5 bucks an oz. and gold was around 280. I wish i would have stocked up.lol. good video, thanks for sharing

[muddieair]

ok jeff cool...now were to sell your silver,without gettin ripped off

[cutlerylover]

really depends when you sell, not where, lol if you till silver is $50 an ounce like it was and you bought it at $20 an oucne now...even if they want to sell at $45 an oucne you still make out...its al about timing...

[Idevelopinggeek]

Great video Great website nice products

[Frozenboard]

I'm glad I watched this just so I know that these aren't actual coins. Antique store keepers almost never know stuff like this. Know I know what I'm buying.

THANKS!!!

[cutlerylover]

so I assume you buy coins? I think thats great, yeah now you know...cant be armed enough with knowledge!

[Frozenboard]

Yea, the big old ones are cool. Since these "replicate" the look of the bigger coins I don't want to get dooped; its the historical aspect that would get messed up, not the silver. Just good to know what you got. Plus, I'm sure I could teach some one else this! Keep this stuff up along with the knives!!!

[Dasdfjkl]

I thought the US coin was 1 ounce. If the round is smaller, it must be lighter, no?

I don't like the idea of a round copying the images of the coin. They aren't counterfeit, but trying to be.

I think buying the more expensive, but fewer of the silver proof coins from the United States Mint is a better purchase. Their purity is guaranteed by the US government. Currently I don't think the Mint is producing any because their silver supply is down.

Any thoughts on this?

[cutlerylover]

they both weigh the same watch till the end please...if you want coins and coins do have more of a premium both buying and then later selling than stick with coins, but this is jnmust another way to get cheaper silver for the silver content...

[Sev5454]

Stick with the REAL coins. Buy pre 1964 American coins, Real American Silver Eagles or buy those 10oz stackers from Scottsdale Silver. People will want to know what they are buying is real and not counterfeit. Just my 2 cents.

[cutlerylover]

if you want coins thats a good option, but if you want to pay less for just the silver these rounds are a good option...

[pollution2000]

pre 1965

[danysniper22]

jeff, for when companys over seas? would be good to be able to buy some stuff over here in europe : P

[JJsProductionx]

Hey this is SovietGold's new account. I remade an account because i got editing down. I also wanted to get off to a good start. So Subscribe to my new channel. ill be making a lot more gold and silver videos soon. .stay tuned

[TechnoZombie]

The weight is compensated on the "printing" of the coin. I would bet that if you analyze the round more carefully, you'll see that the printed parts are either more or slightly higher, compensating the shorter diameter ;)

[JMAjustin]

Do you know a good place to get cheap silver jewelery? :P

[Masterofdisaster151]

Can you please tell me what "above spot" means?

[cutlerylover]

the price of silver is constantly changing sometimes by the minute...spot price is what the price of silver is the exact second your talkign about it, companies who sell silver and gold price their product by having an amount they will sell the stuff over spot, since the value changes constantly it woudl be toom hard to put the exaft full price throughout the day so they sau like $1.39 over spot at any given time for example...another company might sell at $2.00 over spot...

[desconectado999]

What Jewelers Loupe/Magnifier are you using?

[cutlerylover]

this is a cheap one from dealextreme...

[evildeepo]

Is the silver dollar in general circulation, or is it made for collectors?

[cutlerylover]

thats a good question I think you saw more of them in the past than we do these days...

[Kayshak92]

Im a little confused.

the rounds are cheaper than normal silver even though its the same amount? I probably misunderstood.

[cutlerylover]

these are cheaper becuase all your buying is the silver itself plus the time it took to make the rounds look nice, where as a coin your paying for for collectors value and the time it took the mint to make them...

[MadBadVoodo]

★★★★★

[sniper4usmc]

silver is down last 3 days.

[SimonBunker]

I love these variety of vids. Thanks again.

Have you decided what your doing about the Honda? Would it not be cheaper to get a whole new car, Like a hatch or something, then you could put some into silver?? Sorry to be off topic

[cutlerylover]

someoneone suggested buying a trans from japan they sell low miles transmissions cheap[e, Im looking into that, but I have too mncuh into this car to sell it broken for like $500...and used hondas still get like $2500 with high milage...so its not beter to buy a new used car, I cna gbet a used car for $1500 but it will have its own problems...

[abletogabzoid]

what song is at the begining

[cutlerylover]

dotn know sorry, its their video

[abletogabzoid]

il find it somewhere thanks for telling me

[xxmatt95xx]

@abletogabzoid the song is a stock song that comes with adobe after affects (might be sony vegas)

[melbourne0]

Thanks for the video, I just picked up 12 rounds on their dutch auction. Use the coupon: jessejames to get free shipping if your order is over $200.

[cutlerylover]

good timing man! haha gotta love that, good buy!

[pokemaughan]

Very nice, thanks for the vid.

[TheMossberglover]

good video

[knifeguyeddy]

5/5

[FoolieGraffiti]

cool

[joshwill4]

Cool

[CrickTroutMaster]

5 stars!

[WoozyReaper]

3rd noobs

[lookin4memarbles]

Instead of buying my kids toys and crap i am going to start buying silver bars and stuff! That way the have something for the future! I have bought bonds but i think precious metals are a better investment! Thanks 4 the info! 5*****

[cutlerylover]

no problem, but get them at least one new toy every now and then, otherwise they wil hate me when they get older, lol, just kidding...

[lookin4memarbles]

Yea they get all the toys lol I really like what your doing here with the metals! I have some silvers coins for them now from my Grandmother, i am going to be adding to that collection! Thanks!

[cutlerylover]

thats awesome! You know when I was like 10 years old or so my grandfather got me a silver coin, it was cool to be at the time, but over the eyars I lost it somewhere, only now do I realize he was looking out...haha I wish I didnt lose that...

[cutlerylover]

p.s. I just subbed to your channel...

[lookin4memarbles]

Thanks always like you vids!

[dkfa]

2nd!

[mcglashan81]

first