Picked up a set of America the Beautiful 5 ounce silver buillon coins from MTB. These are United States Mint issue but due to some weird federal law you can only buy them through an authorized coin dealer. These are the same design as on the current quarters.
When all was said and done after commission, fees, insurance and shipping I paid $930. Considering its 25 ounces of silver and current spot price is $37.67 an ounce I ended up paying about $.50 below spot per ounce...
Ive already made money. These are a few completed auctions today. These things are going crazy on ebay....
|
|
Results 1 to 30 of 2138
-
03-31-2011, 05:07 PM #1Registered User
- Join Date: Dec 2007
- Location: Maryland, United States
- Age: 37
- Posts: 3,052
- Rep Power: 29543
Misc silver bros, you mirin? (pics)(spoon pics)
-
03-31-2011, 05:09 PM #2Registered User
- Join Date: Dec 2008
- Age: 34
- Posts: 1,011
- Rep Power: 923
How'd you get them so cheap?
-
03-31-2011, 05:10 PM #3Diamond Member Status
- Join Date: Mar 2008
- Posts: 11,772
- Rep Power: 5293
those are some big plates
-
03-31-2011, 05:15 PM #4Др.Каннабис
- Join Date: May 2005
- Location: Russian Federation
- Age: 38
- Posts: 4,030
- Rep Power: 2299
very nice OP! here my little stack!
[/QUOTE]
Partizan BG
EX YUG MAFIA #3 Dr. Cannabis here to help!
■■■Misc Masculinist Crew■■■º
=♖♘♗♕ Official Misc Chess Crew ♔♗♘♖=
THIS IS//////// S E R B I A//////RUSSIA///////
-
-
03-31-2011, 05:16 PM #5Registered User
- Join Date: Dec 2007
- Location: Maryland, United States
- Age: 37
- Posts: 3,052
- Rep Power: 29543
The mint restricts the price the dealers can sell them at. They are only allowed to make a certain profit on them regardless of what the silver price does. Looking at my invoice the actual cost of the coins was $860!Originally Posted by 1968camarors
I believe they still have some in stock at most of the brokers who got them. APMEX initally sold them at a way jacked up price, was ordered by the mint to issue refunds and the rumor is they then decided not to sell them publicly and dumped their inventory to HSN and QVC. I ordered mine from Manfred, Tordella & Brookes.
-
03-31-2011, 05:16 PM #6Registered User
- Join Date: Jul 2010
- Location: Newcastle, United Kingdom (Great Britain)
- Posts: 6,929
- Rep Power: 614
Those are nice saucers for my tea cup.
-
03-31-2011, 05:17 PM #7Registered User
- Join Date: Dec 2007
- Location: Maryland, United States
- Age: 37
- Posts: 3,052
- Rep Power: 29543
[/QUOTE]Originally Posted by RipedRX
very nice OP! here my little stack!
How many ounces all together? Im sitting at just under 100 split between morgans, libertys and the atbs
-
03-31-2011, 05:18 PM #8Platinum Member
- Join Date: Dec 2008
- Location: United States
- Age: 32
- Posts: 7,301
- Rep Power: 1820
gjdm. lmao @ only gov can sell. no way in hell thats true. do ur self a favor, google the constitution...
-
-
03-31-2011, 05:23 PM #9I am Bomani Jr.
- Join Date: May 2008
- Location: Woodbury, Georgia, United States
- Posts: 35,050
- Rep Power: 331325
holy sh*t I gotta do some digging to get in on thisOriginally Posted by TerpMuscle
***Gender Non-Committed***
(She/Him/They/His/Theirs/Her/Them)
Falcons - Hawks - Braves
I make typos.
-
03-31-2011, 05:25 PM #10Registered User
- Join Date: Dec 2007
- Location: Maryland, United States
- Age: 37
- Posts: 3,052
- Rep Power: 29543
They are seriously like silver coastersOriginally Posted by Annihilate
Something about how the federal law is written regarding bullion coins the mint isnt allowed to sell them.....the national park service is tho, but they declined.Originally Posted by MikeD4386
-
03-31-2011, 05:25 PM #11Др.Каннабис
- Join Date: May 2005
- Location: Russian Federation
- Age: 38
- Posts: 4,030
- Rep Power: 2299
How many ounces all together? Im sitting at just under 100 split between morgans, libertys and the atbs[/QUOTE] quite few..very decent amount.
Partizan BG
EX YUG MAFIA #3 Dr. Cannabis here to help!
■■■Misc Masculinist Crew■■■º
=♖♘♗♕ Official Misc Chess Crew ♔♗♘♖=
THIS IS//////// S E R B I A//////RUSSIA///////
-
03-31-2011, 05:26 PM #12Registered User
- Join Date: Dec 2007
- Location: Maryland, United States
- Age: 37
- Posts: 3,052
- Rep Power: 29543
Call MTB tmrw morning and ask for VincentOriginally Posted by Trapstar4.4
-
-
03-31-2011, 05:26 PM #13BMB
- Join Date: Dec 2007
- Location: Sydney, NSW, Australia
- Age: 34
- Posts: 7,191
- Rep Power: 8217
where does one purchase silver in this here australia
Brazilian Jiu Jitsu Purple Belt
*Train by day, Joe Rogan podcast by night...all day*
-
03-31-2011, 05:29 PM #14Registered User
- Join Date: Dec 2010
- Posts: 4,336
- Rep Power: 10524
Other than the obvious reason of price, why would u go for silver over gold or platinum?
-
03-31-2011, 05:37 PM #15Registered User
- Join Date: Dec 2007
- Location: Maryland, United States
- Age: 37
- Posts: 3,052
- Rep Power: 29543
Bought these because of the collectibility of them. Demand has driven the value alot higher than the value of the silver alone. If I was to have them graded that would increase the value even more. An MS69 set is worth over $7k at the moment. MS70 sets are listing for $25kOriginally Posted by ilovedrpepper
-
03-31-2011, 05:39 PM #16
That day, a single fukk was given.........but it wasnt by me
-
-
03-31-2011, 05:39 PM #17Next goal - 154lb @ 8%
- Join Date: Aug 2010
- Location: Queensland, Australia
- Age: 30
- Posts: 5,879
- Rep Power: 2949
thisOriginally Posted by kebab69
If you have any questions at all go here - http://www.formspring.me/Asinima
-
03-31-2011, 05:43 PM #18Banned
- Join Date: Apr 2010
- Location: United States
- Posts: 1,881
- Rep Power: 0
My brother has over 10k oz, started buying in the low teens. He quit his job about 8 months ago lolz
-
03-31-2011, 05:45 PM #19Registered User
- Join Date: Aug 2010
- Location: Australia
- Posts: 1,893
- Rep Power: 6713
pamp suisse bars and other international stuff (Recommend these two)Originally Posted by kebab69
http://www.bullionmark.com.au/
http://www.auroraetluna.com/
perth mint bars:
http://www.perthmintbullion.com/au/
the scottsdale silver bars (fap fap fap) directly from usa:
http://store.scottsdalesilver.com/pr...pping-Estimate
All my silver I have bought from scottsdale
-
03-31-2011, 05:54 PM #20Registered User
- Join Date: Dec 2007
- Location: Maryland, United States
- Age: 37
- Posts: 3,052
- Rep Power: 29543
Australian mint? Think they have a lunar set and kookaburas??Originally Posted by kebab69
10k oz?! Tell me he builds stuff out of them like legos....Originally Posted by thamagik
-
-
03-31-2011, 05:55 PM #21Registered User
- Join Date: Aug 2010
- Age: 35
- Posts: 920
- Rep Power: 407
why do people buy from you when they can buy it from a dealer?
-
03-31-2011, 05:57 PM #22100% Badger Milk
- Join Date: Apr 2008
- Location: Chicago, Illinois, United States
- Age: 36
- Posts: 4,294
- Rep Power: 16550
how much for the spoon?
▪▪ Original MISC Bert Shirt Creator // ® 2010 ▪▪
-
03-31-2011, 05:58 PM #23Banned
- Join Date: Apr 2010
- Location: United States
- Posts: 1,881
- Rep Power: 0
Silver conducts electricty better than any element. Conducts heat better than any metal. It is used for photography and electronics. It is used in mirrors, as jewelry, and as currency. It is simply more useful than gold or platinum. Gold does have impressive qualities, for example a golden pot or pan would last longer than any you have seen, but it would be the most expensive pan you had ever seen. It's just not worth it to use gold in these kind of ways, it's too expensive.Originally Posted by ilovedrpepper
-
03-31-2011, 05:59 PM #24Registered User
- Join Date: Dec 2010
- Posts: 4,336
- Rep Power: 10524
http://cgi.ebay.com/50000-grams-pure...item4cf627b8c4
and then i jizzed in my pants.
-
-
03-31-2011, 06:00 PM #25I am Bomani Jr.
- Join Date: May 2008
- Location: Woodbury, Georgia, United States
- Posts: 35,050
- Rep Power: 331325
i wonder the same thing, but then again often times I sell things on ebay for alot more than what they go for on amazon. I will sell something to somebody, and think in my head, "you do know that you could have bought that for amazon for $20 cheaper AND free shipping right?"Originally Posted by dilrod
lol I guess some people dont give a sh*****Gender Non-Committed***
(She/Him/They/His/Theirs/Her/Them)
Falcons - Hawks - Braves
I make typos.
-
03-31-2011, 06:00 PM #26Invictus
- Join Date: Sep 2004
- Location: Norristown, Pennsylvania, United States
- Age: 40
- Posts: 12,103
- Rep Power: 16119
OP, I went to the us mint and helped set up the press that makes those.
It was cool as fuk watching them just press hundreds of those.Negs to anyone that:
makes a terrible troll thread
makes any conspiracy theory thread
makes a religious/political thread without knowledge of what they're talking about
-
03-31-2011, 06:01 PM #27Banned
- Join Date: Feb 2011
- Location: Djibouti
- Age: 13
- Posts: 2,089
- Rep Power: 0
Someone aware me on how/where to buy and sell silver and gold for measly reps
-
03-31-2011, 06:01 PM #28Registered User
- Join Date: Feb 2011
- Age: 33
- Posts: 2,039
- Rep Power: 0
mirin
-
-
03-31-2011, 06:03 PM #29I am Bomani Jr.
- Join Date: May 2008
- Location: Woodbury, Georgia, United States
- Posts: 35,050
- Rep Power: 331325
is this real f*cking life?Originally Posted by ilovedrpepper
brb reading through this dudes ad***Gender Non-Committed***
(She/Him/They/His/Theirs/Her/Them)
Falcons - Hawks - Braves
I make typos.
-
03-31-2011, 06:04 PM #30Beach Bum
- Join Date: Nov 2001
- Location: Virginia, United States
- Posts: 1,578
- Rep Power: 2578
Don't believe they are 100% silver. Don't believe any dealer would sell them below strike price. If what you say is true, those silver coins would be fukking sold out in a heartbeat because anyone with a brain would arbitrage them out of stock.
edit. Google:
http://www.coinlink.com/News/gold-si...bullion-coins/
Bottom Line: The New America the Beautiful 5 oz Bullion coins are supposed to be released today, December 10th. The Primary Distributors have been restricted to charge no more than a 10% premium for the coins. Those Primary Distributors who do not agree with the New Terms and Conditions issued by the US Mint and/or do not purchase their allocation, with have the coins allocated to them re-distributed to other Primary Distributor no latter than December 20th
Bookmarks