Silver Bullion: Why I buy silver dimes
Uploader Comments (lucky43113)
All Comments (121)
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The idea that industry is going to use up remaining silver is a presumption I'm not prepared to make. The idea that industry is going to survive intact after eco-turmoil is also not a presumption I'd make. Yet I still like smaller denominations for similar reasons. Finally, I would not presume the value of silver will necessarily outpace the value of most basic goods and services. Silver might go up 1000%, while food might go up 5000%. In such a case your 10oz would be desired. You never know.
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I agree 90% lol
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@cloudskipper40 I like to own a mix of bullion and coins. I now just buy whatever has the lowest price over spot. Silver is silver.
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I want to spark a debate about .925 coins and .999 coins. Obviously, .999 pure is more valuable than .925. However,...to acquire .999 you have to pay huge premiums. So let's start the debate,..at what point or price should one settle for .925 instead of .999? Where I live,..to acquire .925 I pay only about $2 above spot price,....no premiums no taxes,..very cheap. To buy .999 you pay almost double spot price including premiums, commissions, taxes and having to give ALL my personal info.
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how can they give you fiat currency as change but demand you pay silver?
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If we have hyper inflation, would stores take those coins even if they're silver or would we have another currency?
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@1984IcameandIstayed 50, and it cost like $125 today.
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@ndrthrdr1 $2.50 for $35 silver
What does face value mean?
pipefitters1 1 week ago
@pipefitters1 face value means what the coin is worth if ya spent it at the store like face value of a dime is 10 cents a quarter is 25 cents and so on.
lucky43113 1 week ago
If silver spot is, say, 30 dollars, how much is a fair price to buy silver dimes from a pawn or coin shop?
I want to start buying a few at a time, like fifty bucks or so worth.
ndrthrdr1 2 months ago
@ndrthrdr1 at 30 dollars an ounce 1 dime is worth 2.17 so stay as close to that as possible you dont want to pay hardly any premium on "junk" silver so just check around and see who has the lowest premiums in your area.
lucky43113 2 months ago
Wow I love your accent! Which state do you stay in? Texas? :)
spiritfired 8 months ago
@spiritfired lol actually im in ohio born and raised.
lucky43113 8 months ago