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IndianaZoidberg
Aug 21, 2011

My name isnt slick, its Zoidberg. JOHN F***ING ZOIDBERG!

Thanks alot. I am not a coin collector so I don't know much. But is has been interesting researching some of these coins I have. I have just been trying to get my bearings before I go to a local coin collecting shop.

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hot cocoa on the couch
Dec 8, 2009

made a couple small additions to my new mark collection

A half mark



and a württemburg 3 mark



group shot with the 5 mark

DominusDeus
Jul 20, 2008
The color on that 3 Mark looks great.


Jumping onto the Chiwoo choo choo:

meat police
Nov 14, 2015

Got my Silver Krugerrand in, I'll take a pic later.

Still kind of bummed out the premium was so ridiculous, I was wanting to buy a roll of 20 but not until they drop the pricing.

Super Waffle
Sep 25, 2007

I'm a hermaphrodite and my parents (40K nerds) named me Slaanesh, THANKS MOM
So I have a general question; would you guys consider your silver/gold purchases a hobby or do you count them as savings?

DominusDeus
Jul 20, 2008
Both?

meat police
Nov 14, 2015

Both, but leaning more towards hobby. I like numismatics, and it's something I can always turn around and sell if times somehow got tough without losing too much on it.

Wish there were more sane coin/metal communities. I like the general debt free lifestyle they promote, but I also don't think the dollar is going to crash and all of a sudden I'll need to adapt to a barter economy.

Jimmy James
Oct 1, 2004
The man so nice they named him twice.

Super Waffle posted:

So I have a general question; would you guys consider your silver/gold purchases a hobby or do you count them as savings?

I am always reluctant to refer to silver/gold stacking as an investment. As an investment, it's a hedge against the market at best. From that point of view, you can have a couple percent of your net worth tied up in precious metals without necessarily being precious metal heavy. Once you get past that point it's more of a hobby.

Jimmy James fucked around with this message at 15:32 on Apr 9, 2017

Super Waffle
Sep 25, 2007

I'm a hermaphrodite and my parents (40K nerds) named me Slaanesh, THANKS MOM
fuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuu

http://www.apmex.com/product/117770/2017-high-relief-american-liberty-gold-w-box-and-coa

The new lady liberty coin is available for pre-order, a bit more expensive than I had hoped :ohdear:

meat police
Nov 14, 2015

I saw her for sale on the US mint site for $1,600, still too rich for my blood.

Jimmy James
Oct 1, 2004
The man so nice they named him twice.

meat police posted:

I saw her for sale on the US mint site for $1,600, still too rich for my blood.

Yeah. I'd never pay a 400 dollar premium for a contemporary mint product. I don't understand how they manage to sell all of this stuff.

meat police
Nov 14, 2015

I think I've done it--I've found the ugliest gold coin so far.



1/25 oz Fine Gold Coin - Owl Shaman Holding Goose

I also have a small collection of pictures of the tackiest and worst looking silver rounds I've come across. I'll need to sort through them and make a post when I get a day off sometime.

ColdPie
Jun 9, 2006

Is it a mutated turkey-human hybrid eating its own flesh?

Zogo
Jul 29, 2003

ColdPie posted:

Is it a mutated turkey-human hybrid eating its own flesh?

It looks like a turkey-dog creature was skinned and some large guy is wearing it as a costume.

DominusDeus
Jul 20, 2008

meat police posted:

I think I've done it--I've found the ugliest gold coin so far.



I... What? What the hell is that?


Some new banknotes:

Four of the six new Venezuelan banknotes. I still need the 1,000 and 2,000 bolivars.





And some completely different stuff: USDA Food Coupons:


Series 1992 B, $10 food stamp.


Series 1971, $5 food stamp, canceled by the grocer.


Series 1997 B, $40 food stamp book cover, went with the $5 below.


Series 1997 B, $5 food stamp with back book cover, goes with front cover above.


Series 1994 B, $1 food stamp.


I've also got a lead on a star note food stamp. Should have that in a month or so.

meat police
Nov 14, 2015

An early preview into tacky silver: the face you make when you know the Mrs is making your favorite meal.



The Krug I said I would share and forgot about :



A random morgan I talked someone into selling for $15:

DominusDeus
Jul 20, 2008
Ugh, I still need a silver Krugerrand. And the newest Queen's Beast. And a bunch of other silver goodies.

But I did get this today. Probably my rarest book:


UNITED STATES DEPARTMENT OF AGRICULTURE
FOOD STAMP and FOOD COUPON PROGAM
1939 to 199_

Super Aggro Crag
Apr 23, 2008




And, of course as always, kill Hitler.


After a year+ since I had to sell my stack I am finally in a place again where I can start slowly rebuilding my stack. Going to keep it simple and just cop an ounce or $1 FV a week. Managed to snag a decent Morgan for $20 shipped, so that is a good start.

duTrieux.
Oct 9, 2003

I have a token from the American Civil War. I like it.

Only registered members can see post attachments!

meat police
Nov 14, 2015

Debating on grabbing a 10oz silver bar for fun, I love the way the RMC cast bars look.

DominusDeus
Jul 20, 2008
Australian Swan.



Mintage: 25,000

meat police
Nov 14, 2015

Every PM group I'm in has people going batty for those Swans. Some are already reselling them for profit in some instances.

Jimmy James
Oct 1, 2004
The man so nice they named him twice.
This year marks my 5th year collecting coins, and I've definitely spread my wings in that time. In the past 6 months I've bought coins from sellers in France, Germany, Greece, Latvia, Slovakia, Slovenia, Spain,Estonia and Portugal. For the longest time I was worried about buying fakes. My friends have advised me to buy from former Soviet nation's with caution. I have enough experience now and a few references that allow me to avoid most fakes. And, frankly, fakes haven't ever been made for the vast majority of stuff I like. My mail man is probably getting sick of delivering registered intl. mail to me.

With all of this work assembling a collection, I've looked into the possibility of insuring what I have. I've learned a couple things. When a collection gets to the $10-25k range it usually becomes worthwhile to insure it. Renters and Homeowners insurance are horribly expensive and shouldn't be used for coins and bullion. Specialist (art and collectible) insurers like Hugh Wood Inc. are the way to go and cost approx. 10x less than a homeowners insurance place like Liberty Mutual

Jimmy James fucked around with this message at 18:42 on May 2, 2017

Jimmy James
Oct 1, 2004
The man so nice they named him twice.

meat police posted:

Debating on grabbing a 10oz silver bar for fun, I love the way the RMC cast bars look.

Just don't pay premiums for bars. That poo poo is bonkers. It's crazy how much some vintage bars go for.

meat police
Nov 14, 2015

Jimmy James posted:

Just don't pay premiums for bars. That poo poo is bonkers. It's crazy how much some vintage bars go for.

Where would you suggest someone to buy from? I avoid antique/art bars, talk about a meritless premium.

Jimmy James
Oct 1, 2004
The man so nice they named him twice.

meat police posted:

Where would you suggest someone to buy from? I avoid antique/art bars, talk about a meritless premium.

You may have more experience buying bullion than me. I'll usually check APMex prices and then use that as my ceiling price. I can often find better deals at local dealers, especially if prices are up. Smaller dealers are usually stingy about selling at a loss and increase their premiums when prices are down. When prices are down, I usually look for eBay or person-to-person deals, off of forums or at the local coin club.

For most things you should be able to cut down on your premiums as your purchase volume goes up. You should be able to get a 10 oz bar for less than you would pay for 10 - 1 oz rounds. You can often get rounds for .50-1.00 dollars over spot (less if buying from a person). I'd expect to be at the low end of that if buying a bar.

Jimmy James fucked around with this message at 03:36 on May 4, 2017

DominusDeus
Jul 20, 2008

meat police posted:

Where would you suggest someone to buy from? I avoid antique/art bars, talk about a meritless premium.

Reddit. Check the /r/PMsForSale subreddit. If you have PayPal and/or Google Wallet, you're set. Make a WTB (wanting to buy) post asking for generic rounds and bars. "I got $xx to spend, can pay with PP or GW. Show me what you got."

I've bought and sold several hundred dollars worth of silver and banknotes there.

DominusDeus fucked around with this message at 09:55 on May 4, 2017

meat police
Nov 14, 2015

The precious metal buy/sell groups on FB are pretty good, there's also some members that have coin/metal shops that do a lot of their selling there. I think JM Bullion/APMEX/Provident Metals are the big three I like to deal with, they also have eBay storefronts where deals can be had on occasion. I'm subscribed to that r/PMsforsale so I need to give it a closer look, thanks for the recommendation.

My last purchase was a 5toz silver goblet because why not. I'll need to pull the trigger soon on something else while prices are dipping.

meat police fucked around with this message at 01:27 on May 5, 2017

DominusDeus
Jul 20, 2008

DominusDeus posted:

Four of the six new Venezuelan banknotes. I still need the 1,000 and 2,000 bolivars.









And now I have all six, and the wait for the inevitable higher denomination begins.

[edit] And something a bit rare: a USDA food stamp star note.

DominusDeus fucked around with this message at 12:45 on May 6, 2017

Jimmy James
Oct 1, 2004
The man so nice they named him twice.
Here are some bullion dealers from a PCGs forums list:
https://www.apmex.com
https://www.bgasc.com
https://www.dbscoins.com
https://www.gainesvillecoins.com
https://www.gaithersburgcoins.com
https://www.golddealer.com
https://www.goldeneaglecoin.com
https://www.goldmart.com
https://www.jmbullion.com
https://libertymetals.com/
https://www.moderncoinmart.com
https://www.monarchpreciousmetals.com
http://onlygold.com/
https://www.pandaamerica.com
https://www.providentmetals.com
http://qualitysilverbullion.com/
http://www.royalmint.com/
http://www.sbcgold.com/
http://www.silver.com/
http://www.silvertowne.com/
http://www.coin-rare.com/

Good for comparison shopping and deal hunting when pm swaps and eBay aren't working out.

Jimmy James fucked around with this message at 16:04 on May 8, 2017

DominusDeus
Jul 20, 2008
New coin!


Netherlands, 2017 one troy ounce Lion Dollar.
Mintage of 5,000.



http://www.coinbooks.org/v20/esylum_v20n11a24.html

meat police
Nov 14, 2015

I'm probably going to unload 40 silver eagles to subsidize my other hobby, but not sure if FB selling is a good way to go about it.

Jimmy James
Oct 1, 2004
The man so nice they named him twice.

meat police posted:

I'm probably going to unload 40 silver eagles to subsidize my other hobby, but not sure if FB selling is a good way to go about it.

Are you worried about getting the best price? I imagine FB, reddit, or any other location are pretty similar on price. Good dealer prices seem to be around 2.50 above spot right now. They seem to be selling pretty easily on /r/pmsforsale at 1.50-2.00 above spot.

Prices on these things are tight enough that the transaction costs themselves might be higher than the variability in price.

DominusDeus
Jul 20, 2008
Couple new things;


New Swiss 20 franc banknote.


New Fiji 7 dollar banknote.


Late 1970s 1 troy ounce Letcher Mint reproduction Humbert $50 slug.


Toned 1 troy ounce 1981 silver trade unit.

meat police
Nov 14, 2015

Really digging that silver trade unit. I always keep my eyes peeled at the local coin shop hoping they'll get one in.

MrYenko
Jun 18, 2012

#2 isn't ALWAYS bad...

Ok, why a seven dollar banknote? Does Fiji use base 7?

DominusDeus
Jul 20, 2008
Fiji's Men's Rugby Sevens team took the gold medal at the 2016 Rio de Janeiro Summer Olympics. The $7 banknote is to commemorate that.

MayakovskyMarmite
Dec 5, 2009
Got a bonus at work, so bought both a gold and a silver 2017 1 oz American Eagle coin. Also bought a 10 oz silver bar in the shape of skull (why the hell not). I only have some old hand me down silver coins and a 10 oz bar, so this is a fun splurge.

meat police
Nov 14, 2015

In a strange turn of events I actually found myself with a day off. I swung by the local coin store and bought some misc. silver to celebrate. Five dollar roll of Mercury dimes in the background.

meat police fucked around with this message at 03:20 on Jul 3, 2017

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MeatRocket8
Aug 3, 2011

A guy at the swap meet is selling morgans in pretty decent condition for $19 each. Should I buy them all up? Assuming most or all are last year ones.


Hows the outlook for silver as an investment?

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