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The great Gamestop battle of 2021


gregintenn

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47 minutes ago, 10-Ring said:

I've been wanting to start buying some silver on a regular basis.  Ideally, I would like to pickup a few ounces per month on a regular basis.  It doesn't appear that simple unless you are willing to pay double the spot price. 

I was finding them on ebay and occasionally on gun forums for spot price or below. That’s dried up for now.

About a month ago, I bought a roll of 2020 Silver Eagles for $500 shipped off another gun forum.

Sometimes I’ll run a bunch of junk silver dollars up to 18-20 apiece. Many times I’ll get outbid, but sometimes I get the coins.

I’ve found you get a better deal buying a roll at a time than buying individual coins.

We have a local thrift store that is for all intents and purposes a pawn shop. Sometimes I can buy gold and silver from him at spot. He buys below spot and just wants to turn a quick buck.

You just have to watch.

Edited by gregintenn
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The premium for physical over spot has just flown out the window... I'd wait for prices to settle down first. Maybe start with junk silver coins.

Use APMEX myself, Maples and Eagles, but that generates a shipping record. You'll pay more per ounce, but cash at the local dealer is untraceable.

I would not be selling my Silver any time soon. Exchanging real money for scrip isn't in my plans for it.

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