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Buying raw bulk silver coins

MorganmanicMorganmanic Posts: 1,343
in U.S. Coin Forum
I see a lot of silver coins on eBay one once type that are repro or just plain stupid looking but are one once silver. They are selling around 9-12 dollars for coin. Is this a good and cheapest place to by raw silver just as an investment or is there somewhere else? I have looked on sites like ampex.com and other but none as cheap as these silver dollar coins on eBay

Or is all this just a ruse to sucker some fool like me to buy crap coins that are not really silver.

here is an example

Link
RACC
I have neither the time nor the inclination to explain myself to a man who rises and sleeps under the blanket of the very freedom I provide, then question the manner in which I provide it. I prefer you said thank you, and went on your way, Otherwise, I suggest you pick up a weapon, and stand to post. Either way, I don't give a damn what you think you are entitled to!

Comments

  • hubirdhubird Posts: 589
    Man, lay off the purchases 'til you quit the hard meds!

    edit: silver color is not silver, read descriptions carefully
  • EnjoymintEnjoymint Posts: 300
    If you look at the "Material" entry, it states copper.

    Probably silver colored coins that are mostly copper IMO.

    Also keep percentages in mind. 40% silver coin should have a lower price than 90% or the 99.95% of bullion Silver.
  • EnjoymintEnjoymint Posts: 300
    "size of a half dollar, coin is silver color"
  • MorganmanicMorganmanic Posts: 1,343
    Man you are correct about med imageimage But I was certain I saw silver. here is the first one I was looking at.

    Link
    RACC
    I have neither the time nor the inclination to explain myself to a man who rises and sleeps under the blanket of the very freedom I provide, then question the manner in which I provide it. I prefer you said thank you, and went on your way, Otherwise, I suggest you pick up a weapon, and stand to post. Either way, I don't give a damn what you think you are entitled to!
  • gemstatecoinsgemstatecoins Posts: 1,065
    I would steer clear on that one also... Make sure the listing states 1 ounce .999 silver. and good feedback rating.
    EBay Auctions

  • Steve27Steve27 Posts: 13,275 ✭✭✭
    Your looking in the wrong place, look under Bullion LINK
    "It's far easier to fight for principles, than to live up to them." Adlai Stevenson
  • 19Lyds19Lyds Posts: 26,492 ✭✭✭✭
    Be careful on this stuff since a lot of it is 1 mil silver plated. I'm certain that the Certificate of Authenticity would state this which could be why its not picturesd in the auction(s).
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
  • BoomBoom Posts: 10,165 ✭
    PM sent. image
    Boom's Retired Registry Set & Boom's Retired Variety Set
    image
  • BochimanBochiman Posts: 25,556 ✭✭✭✭✭


    << <i>Man you are correct about med imageimage But I was certain I saw silver. here is the first one I was looking at.

    Link >>




    If you are after stuff like that I fear that we will see more "What should I do (ebay)?" threads coming .....
    Those don't look right, they went unsold at $10 (+shipping) and sellers put things like "Kennedy silver dollar size"...ummm, there was no "kennedy" silverdollar...that is a 1/2 dollar.

    The link to the bullion would be better. Also, don't forget to add in shipping charges to any auction price.

    I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,572 ✭✭✭✭✭
    image

    I like buk silver coins. My problem is deciding whether or not to ever get any more slabbed.
    That's what raw bulk silver COINS really look like
    The bottom Photo was from eBay LINK :


    image

    ``https://ebay.us/m/KxolR5

  • mnmcoinmnmcoin Posts: 2,165 ✭
    I'll sell you all the $5 ROL coins you want at $10 each.

    morris
    "Repent, for the kindom of heaven is at hand."
    ** I would take a shack on the Rock over a castle in the sand !! **
    Don't take life so seriously...nobody gets out alive.

    ALL VALLEY COIN AND JEWELRY
    28480 B OLD TOWN FRONT ST
    TEMECULA, CA 92590
    (951) 757-0334

    www.allvalleycoinandjewelry.com
  • cladkingcladking Posts: 28,725 ✭✭✭✭✭
    Most rounds and bars that say they are silver really are silver or obviously are not. There
    are a few which can be highly deceptive. These were often sold in mass mailing and offered
    as .1000 silver... ...they would be 10% silver. There really are very few of these and most I've
    seen were made in the '80's.
    tempus fugit extra philosophiam.
  • mrpotatoheaddmrpotatoheadd Posts: 7,576 ✭✭✭


    << <i>Most rounds and bars that say they are silver really are silver or obviously are not. There
    are a few which can be highly deceptive. >>

    Not just rounds and bars- there are silver world coins which are advertised for their investment potential which can be deceptive, too.

    SILVER MEXICO COINS MEXICAN COIN INVESTMENT COLLECTION

    GREAT SILVER INVESTMENT ITEM - A NICE SILVER COIN COLLECTION THAT WOULD MAKE A GREAT GIFT FOR SOMEONE! A BEAUTIFUL SET OF SIX LARGE SILVER DOLLARS / PESOS FROM MEXICO IN CHOICE CONDITION

    This "great silver investment item" consists of six coins, each containing .0514 oz. of silver. Based on the final bid, the winner paid $136/oz. for their "investment".
  • jmski52jmski52 Posts: 23,225 ✭✭✭✭✭
    Many listings are for .999 silver - silver plated, that is. If you aren't normally into silver bullion, you should stay with instantly-recognizable 90% U.S. silver coins, or American Silver Eagles. Both have consistant pricing structures. Why complicate your life with nefarious offerings that may or may not be the real thing? You don't need that kind of grief, nobody does.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • pec2007pec2007 Posts: 27
    If you had the chance to buy 1500 oz of .500 uk coins at $11/oz would you think it was a good deal?
  • Rooster1Rooster1 Posts: 381 ✭✭✭
    If you don't mind paying 22.00 dollars per ounce.
    Successful deals with:Ciccio-Nibanny, Wondercoin, Republicaninmass, Utahcoin, Abitofthisabitofthat, Doubleeagles59, Peaceman
  • pec2007pec2007 Posts: 27
    it is 11.00/oz for silver content.

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