howdy sir Blondie! well sir, I guess I'm too late to start collecting. rats. I should have started last year. or ten years ago. think of the stack I'd have by now. But I did find out that our local town has a coin shop and the reviews on it are really really good.
You're not too late. And if you had started investing that long ago, you might have gotten to ride down from the highs at $50 like one of my other commenters. I still think it's a great time to get in. If I were you, I'd be checking out that shop and seeing what you can get that has low premiums on it. Likely the silver quarters or dimes. Silver rounds can be good too.
howdy again sir Blondie! haha ya know what, after seeing all the different silver rounds the quarters and dimes are so ugly! lol.
Up to you. I think everything can have a place. The quarters and dimes are relatively cheap. You can get a Roosevelt dime for around $1.10 right now and it contains 0.0723 ounces of silver (assumed at 0.0715 because of wear and tear).
Alternatively, you can get 1/10 ounce rounds for around $3.00. Do you really want to pay an extra $1.90 for an extra 0.03 ounces? For that $3.00 you could get 2.7 silver dimes. I'm not saying that I wouldn't get one 1/10th ounce round, but that's not where I'd put my money. Just me.
well sir Blondie....I guess I don't like the little stuff, I like the one ounce or more but then the little stuff would be necessary if silver was used as currency for a time when and if the stuff hits the fan.
Which I don't think is going to happen in our lifetimes but that's an extreme minority viewpoint! lol.
I like the larger stuff as well. It feels good to have a 2, 5, or even 10 ounce bar in your hands. That's a good feeling. You can get the same feeling by holding 10 ounces of dimes. It just takes a few more pieces. ;)
Being that there is less than 4% purchasing power left in the dollar and the debt is growing rapidly, I wouldn't be surprised if it happened by the end of next year!
sir Blondie but you would think that they would see it coming and do something before things collapse. Do you have 10 ounce bars?
They can see it coming, but they're running out of time to cushion the blow. There's only so much that can be done.
yes sir it's a scary thing but I think they'll do something drastic like come out with their own crypto Fed coin or something, at least that's what some of the top analysts think. but I don't know how all that will work.