• filter:
  • Text Only
  • Search this Topic »
Voting History
rated:
Offer link. 

-----

Start your precious metals portfolio with a 10 oz tube of silver rounds, offered at spot price with free shipping!

  • New silver rounds from a trusted American mint
  • Each tube contains ten 1 oz .999 silver rounds
  • Ships in plastic tube, inside of a custom velvet pouch
  • All orders ship free with tracking and insurance
  • Ships within 1 business day of cleared payment
  • 10 oz at spot offer limited to one per household.

-----

JM also has a nice selection of payment options, including e-check.

Moderator Comment: This thread is mirrored to these forums: HOT DEALS, FINANCE, FINANCE. — Dec. 5, 2016 @ 12:42pm
Member Summary
Most Recent Posts
[FYI, it's APMEX, not Ampex]
APMEX has a $1k minimum to buy. The $10k is the minimum to qualify for the buy prices they s... (more)

AboutAg (Nov. 03, 2016 @ 11:51a) |

My dealer has a 10% spread.

A new pres. is sure to change prices, US gov. controls precious metal prices. they can dump... (more)

handyguy (Nov. 04, 2016 @ 12:17p) |

Indeed.  Back in 2009 congress considered selling off the gold reserves to pay for the bailout. Link

fishbane (Nov. 04, 2016 @ 12:56p) |

Staff Summary
Thanks for visiting FatWallet.com. Join for free to remove this ad.

rated:
So, the price is $178, give or take. What protects the buyer from theft in the mail?

rated:
soundtechie said:   So, the price is $178, give or take. What protects the buyer from theft in the mail?
  
it looks like the 4th bullet point down in the OP

still worthless imo when the SHTF. any precious metal isn't going to keep me alive, that's called seeds (and boom sticks / arrows if you want more protein)

rated:
How do you know it's even pure silver? And if you try to sell, won't the buyer require it be tested reducing it's value? Granted I know nothing about buying these metals.

rated:
MeIsCheap said:   
soundtechie said:   So, the price is $178, give or take. What protects the buyer from theft in the mail?
  
it looks like the 4th bullet point down in the OP

still worthless imo when the SHTF. any precious metal isn't going to keep me alive, that's called seeds (and boom sticks / arrows if you want more protein)

  
When the SHTF it's only going to be chaos for so long.  In a short time things will settle and people will start living again, and luxuries will return.  Silver is not just valuable as currency, but it can be used in myriad ways including jewelry, weapons/bullets, building materials (nails, connectors, wire)....it's a very versatile material.  Silver and electricity can be used to make colloidal silver, a powerful antibiotic/disinfectant.

rated:
atikovi said:   How do you know it's even pure silver? And if you try to sell, won't the buyer require it be tested reducing it's value? Granted I know nothing about buying these metals.
You know what? I was wondering the exact same thing... and I wonder the same thing about gold.  Sure, it's marked as .999 or whatever, but who's to say a schister didn't cast them and gold plate them instead?  Value wise you're "striking" gold.

I would like to hear alternatives for when the SHTF, ie when Glen's eye pops out.

Side Note: My father and I cast coins and duplicated them pretty well.  Just need 1 original to get started!

rated:
Buying from a reputable seller is about the best you can do. The same is true for any number of products.

rated:
PhDeez said:   
atikovi said:   How do you know it's even pure silver? And if you try to sell, won't the buyer require it be tested reducing it's value? Granted I know nothing about buying these metals.
You know what? I was wondering the exact same thing... and I wonder the same thing about gold.  Sure, it's marked as .999 or whatever, but who's to say a schister didn't cast them and gold plate them instead?  Value wise you're "striking" gold.

I would like to hear alternatives for when the SHTF, ie when Glen's eye pops out.

Side Note: My father and I cast coins and duplicated them pretty well.  Just need 1 original to get started!

  
The weight of the coin would be off if it were the same size otherwise 

rated:
LORENW said:   
PhDeez said:   
atikovi said:   How do you know it's even pure silver? And if you try to sell, won't the buyer require it be tested reducing it's value? Granted I know nothing about buying these metals.
You know what? I was wondering the exact same thing... and I wonder the same thing about gold.  Sure, it's marked as .999 or whatever, but who's to say a schister didn't cast them and gold plate them instead?  Value wise you're "striking" gold.

I would like to hear alternatives for when the SHTF, ie when Glen's eye pops out.

Side Note: My father and I cast coins and duplicated them pretty well.  Just need 1 original to get started!

  
The weight of the coin would be off if it were the same size otherwise 

  

This has been an issue with bars for a few years, now, where the core is some kind of tungsten alloy that matches the mass of gold (i.e. mix tungsten with lead in some ratio, for instance) and it is only detected by drilling a hole in the bar.

It would be a much higher precision task to execute that kind of counterfeit with smaller coins/rounds, though, and I think, in general, as long as you know the mass and dimensions to check, you're generally going to be OK with coins of a known type (i.e. Krugerrands)

And almost certainly nobody would waste their time doing it with 1oz silver rounds, even back when silver was approaching $50/oz.

rated:
PhDeez said:   

Side Note: My father and I cast coins and duplicated them pretty well.  Just need 1 original to get started!
 

  
Do you actually cast an alloy that matches the mass of gold?

rated:
I purchased from this dealer a few times with no issues.

rated:
SHTF: melt these puppies down for silver bullets, cuz you know werewolves will be coming too

rated:
How does one go about selling these things if you want to cash out?  eBay, local coin shop, etc?

rated:
polaris said:   How does one go about selling these things if you want to cash out?  eBay, local coin shop, etc?
  
how much do you think you will make if you sell thru eBay, with all their fees & such?

rated:
Ampex buys back coins.

rated:
kdn102 said:   
MeIsCheap said:   
soundtechie said:   So, the price is $178, give or take. What protects the buyer from theft in the mail?
  
it looks like the 4th bullet point down in the OP

still worthless imo when the SHTF. any precious metal isn't going to keep me alive, that's called seeds (and boom sticks / arrows if you want more protein)

  
When the SHTF it's only going to be chaos for so long.  In a short time things will settle and people will start living again, and luxuries will return.  Silver is not just valuable as currency, but it can be used in myriad ways including jewelry, weapons/bullets, building materials (nails, connectors, wire)....it's a very versatile material.  Silver and electricity can be used to make colloidal silver, a powerful antibiotic/disinfectant.

  
Now thats smart thinking.   When the SHTF its possible that werewolves might be involved so that silver can prove multiple potential uses.

ETA I should really read the whole thread before I repeat a joke someone else already made.
 

rated:
MeIsCheap said:   how much do you think you will make if you sell thru eBay, with all their fees & such?

No idea, that's why I asked. :p We have a few silver coins that my BIL gave to my kids as birthday gifts over the years and I have no idea what to do with them.
  

rated:
On eBay most sellers sell over spot to make spot after fees if its just straight up Bullion. The Bonus for the buyer is sometimes they are using eBay Bucks and so forth to make it worth while.  Or they have money in their Paypal they don't want touching their bank account.

rated:
polaris said:   
MeIsCheap said:   how much do you think you will make if you sell thru eBay, with all their fees & such?

No idea, that's why I asked. :p We have a few silver coins that my BIL gave to my kids as birthday gifts over the years and I have no idea what to do with them.
  
 

  Why not just let the kids keep them and decide later?

rated:
polaris said:   How does one go about selling these things if you want to cash out?  eBay, local coin shop, etc?
  Had a bunch of no name silver bullion. Sold them CL cash, met at Starbucks. Easy peasy got 92%. No particulars made it the way to go for me. Guy brought magnets, scale & cash.

rated:
tessz said:   On eBay most sellers sell over spot to make spot after fees if its just straight up Bullion. The Bonus for the buyer is sometimes they are using eBay Bucks and so forth to make it worth while.  Or they have money in their Paypal they don't want touching their bank account.
  Local pawn/coin shops are another option.   Lots of places buy gold and silver.  

You can always take them to Vegas and sell them to the Old Man. 

rated:
polaris said:   How does one go about selling these things if you want to cash out?  eBay, local coin shop, etc?
  
You keep these to barter after theshithitsthefan when you are starving. Pick your scenario: economic collapse, electro-magnetic pulse, Clinton starts nuclear war, zombie apocalypse.

or they hit $10,000 each and you trade them for a house.

rated:
MeIsCheap said:   
soundtechie said:   So, the price is $178, give or take. What protects the buyer from theft in the mail?
  
it looks like the 4th bullet point down in the OP

still worthless imo when the SHTF. any precious metal isn't going to keep me alive, that's called seeds (and boom sticks / arrows if you want more protein)


irrefutable logic.. of course waiting on seeds to produce enough food to sustain life is faster than trading silver for food.

rated:
Sorry if this has been asked before,

what is the advantage of buying physical over paper XAGUSD?

rated:
ehua999 said:   Sorry if this has been asked before,

what is the advantage of buying physical over paper XAGUSD?


There's a lot of people investing in Precious Metals who seriously think the world as we know it is going to end soon. Imagine no electricity no banks no computers no internet. Physical is tangible in those situations.

rated:
po90260 said:   You keep these to barter after theshithitsthefan when you are starving. Pick your scenario: economic collapse, electro-magnetic pulse, Clinton starts nuclear war, zombie apocalypse.

That's why my BIL buys them. He also doesn't vaccinate his kids, believes fluoridated water is a government conspiracy, the Sandy Hook shooting was faked, etc.

rated:
po90260 said:   
polaris said:   How does one go about selling these things if you want to cash out?  eBay, local coin shop, etc?
  
You keep these to barter after theshithitsthefan when you are starving. Pick your scenario: economic collapse, electro-magnetic pulse, Clinton starts nuclear war, zombie apocalypse.

or they hit $10,000 each and you trade them for a house.

  LOL I giggled on that one. The build up of the tinfoil hat doomsday theories, then "trade them for a house" at the end. Very well thought out.

rated:

this (106.91kB)
Disclaimer
ehua999 said:   Sorry if this has been asked before,

what is the advantage of buying physical over paper XAGUSD?

  

rated:
ehua999 said:   Sorry if this has been asked before,

what is the advantage of buying physical over paper XAGUSD?

Sales like this is one reason, I suppose. 
There was a sale that someone on here posted recently for a 2016 American Silver Eagle $20 shipped. Even though the spot price of silver is around $17, it's difficult to find a Silver Eagle from a retailer for under $23. That same coin is $24.05 at the moment. I bought one cause my son was born this year. Thought it would be a nice memento to have a legit uncirculated silver dollar from his birth year. I think it might be a nice birthday present each year now. If silver doesn't go up, he'll have a neat collection of coins from every year of his life. If it does go up, he might have bunch of coins worth a few hundred more than I bought them for.

rated:
tessz said:   On eBay most sellers sell over spot to make spot after fees if its just straight up Bullion. The Bonus for the buyer is sometimes they are using eBay Bucks and so forth to make it worth while.  Or they have money in their Paypal they don't want touching their bank account.
  Not to mention those that keep rolling gift cards (buying eBay gift cards on sale using eBay gift cards). eBay is smart for allowing that as it generates a lot of seller fees for them. This is why people bid over face for all kinds of gift cards on eBay; if they aren't finally cashing out rolled eBay gift cards they are getting rid of funds they can't do anything else with (eBay bucks or money laundering, take your pick).

rated:
It there any certification report to prove the material is silver?

rated:
[q=fanthegreat;19673940 said: pos]It there any certification report to prove the material is silver?
  If it's a con what's a piece of paper worth?

Just pick the right seller. We are still talking eBay? I'd stay away from sellers that make all their feedback private so the product isn't known. With precious metal sellers it's common to see 10k-100k+ fb with 99.8%+ pos.

rated:
Would investment in silver coins be a better investment in 10 years than buying AT&T stocks that gives 5.37% dividend? Stocks seem to be easier to liquidate than silver coins.

rated:
I would really like to hear a reasonable answer to this from the survivalist/doom porn lovers/precious metal bugs that love this stuff:

People who buy physical precious metals always base it on claims about the end of the banking system/United States/world war/whatever. So the sales pitch is that this is an insurance policy when SHTF. The problem is that reasonable people should only be buying insurance for events which, while unlikely, are at least somewhat in the realm of possibility. Even if the state didn't require it, I would buy auto insurance because driving a 5000 pound metal tube at 60MPH is likely over my life to injure someone. Even if I drive safe.

But I don't have insurance for a variety of devastating yet exceedingly unlikely events  (asteroid impacts, tsunamis, whatever). For physical gold and silver to be useful in a SHTF scenario, it means we'd have to have worldwide economic collapse that is bad, but not Mad Max bad (because if it got bad enough we'd all just be shooting each other). There is no calculation of probability that would show this to be in the realm of possibility - so insurance for it makes zero sense. It is like buying asteroid impact insurance because, you never know, one day it might happen!

So why do you do keep doing it?

rated:
magika said:   People who buy physical precious metals always base it on claims about the end of the banking system/United States/world war/whatever....
From what I have seen, only a small percentage of people who buy physical precious metals do so because of SHTF concerns like the ones you mention.
Some do it because of the intrinsic value of the metal (e.g. you can't just "print more"). Others do it because of supply/demand fundamentals (did you know that the U.S. had some 3 billion ounces of silver in the early 1940s, but now has virtually none?). Some just like collecting silver coins.

But to answer your question, while most Americans do not believe the chances of a currency collapse are high, those that buy precious metals as such insurance typically do. And there just isn't any way to say who is right (you might point to past history in the U.S. and call them dumb, they might point to Zimbabwe and call you a sheeple).
   

rated:
The problem is that there is no reasonable reason to 'invest' in physical metals either. If you really believed in the investment angle you would invest in GLD or some other precious metals fund. Those don't come with the risk/transaction cost of physical metals. Buying it for numismatic reasons is a hobby, which is the only legitimate reason I've ever heard of for doing this.

And actually, there is a way to determine who is right. The chance of the United States entering Zimbabwe style hyperinflation is yet again an example of 'exceedingly unlikely events' with no basis in reality. Zimbabwe was not and is not a world superpower with the world's reserve currency. You can't even remotely compare the two economies, and anyone doing so to justify buying precious metals is nuts.

rated:
Who says you have to be rational/right or whatever to buy silver & other metals. I propose most preppers don't want the STHF they just want to be ready. You pays your money & youse take your chances.

rated:
magika said:   

And actually, there is a way to determine who is right. The chance of the United States entering Zimbabwe style hyperinflation is yet again an example of 'exceedingly unlikely events' with no basis in reality. Zimbabwe was not and is not a world superpower with the world's reserve currency. You can't even remotely compare the two economies, and anyone doing so to justify buying precious metals is nuts.


The collapse of the USSR was recent, economically devastating, and in a reasonably similar positions as the US for some to believe it's in the realm of possibility. Just a few decades ago, the world's second most powerful country dissolved over a few months, so you can argue it can happen again.

rated:
if the price of these skyrockets, you still have to have the sucker on the other end buying them. and if the world has hit that fan, how much is it really worth. in reality, anything with semi-scarcity could be used as currency.

I know I won't care how much gold/silver I have, if the world did goes to HiaHB. i can't eat it, it can't protect me, and it can't shelter me.

Skipping 51 Messages...
rated:
handyguy said:   My dealer has a 10% spread.

A new pres. is sure to change prices, US gov. controls precious metal prices. they can dump a gigantic amount on the market at any time.

  Indeed.  Back in 2009 congress considered selling off the gold reserves to pay for the bailout. Link

  • Quick Reply:  Have something quick to contribute? Just reply below and you're done! hide Quick Reply
     
    Click here for full-featured reply.


Disclaimer: By providing links to other sites, FatWallet.com does not guarantee, approve or endorse the information or products available at these sites, nor does a link indicate any association with or endorsement by the linked site to FatWallet.com.

Thanks for visiting FatWallet.com. Join for free to remove this ad.

While FatWallet makes every effort to post correct information, offers are subject to change without notice.
Some exclusions may apply based upon merchant policies.
© 1999-2016