New Coin Store: Picked up some 40%
During my travels, I've been discoving new coin stores in my area. I found "Mike's Coin and Collectables" full of fun treasure.
I picked up some nice 40% silver coins on the cheap. With silver over $30/ozt it's a whole new world buying silver. I used to carry $10 in my wallet for quick silver pickups, but that has doubled to $20. Still a good deal, in my estimation.
After purchasing these three coins for twenty dollars total, I asked my computer buddy if I managed a profitable trade.
Estimating between 24 - 38 tells me that yes, it was a good trade for me. The quarter in particular would grade high, while the others only average.
I asked again, what is the silver melt value of these coins and I discovered I purchased these for about 20% above melt.
It was a win in my book and I will be visiting again for sure. He said that more people are selling right now, rather than buying. Maybe that's why he let these go for such a good rate.
So you have increased your budget for silver coins!! Awesome!
Glad to hear that your last purchase was a win!
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Nice Silver coins my friend!👍😊
The spot price is $36.04 on Kitco, I think it might keep climbing!😊
Perhaps you may want to buy cheap in one area and sell them for profit in some other area (if that's practically possible). 😅 It would also be more fun !INDEED if you could buy (or sell) such collectible coins using cryptocurrency (HIVE and/or HBD in particular). 😎 !LOLZ
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I ordered 5 of the 1971 S Proof and 5 of the 1971 S Uncirculated Ike Dollars from the U.S. Mint... I gave one of the Proofs away as a Gift, but I have 4 of the Uncirculated ones, still in their Original Packages, with one out of its Package, along with the other Proofs, still in their cases... I also have the Boxes they came in... I believe the Uncirculated ones are worth more than the Proofs...
"Even the Military Industrial complex NEEDS SILVER!" ~ He'd say If Ike was alive today.
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Those are nice specimens, @gratefuleveryday !
I treasure my Ike Dollars... the last large dollar!
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Very nice find, my friend! It's so funny to hear that so many people are selling now, because they should be buying instead, but I understand why they sell. Lots of small investments like this over time will really add up! 😁 🙏 💚 ✨ 🤙
!ALIVE
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Buying silver is always a good investment