Overall, how was it for you last year?
tneig
Posts: 1,505 ✭✭✭
How was it for you last year in PMs and related?
For me ok. The PM price today is good enough, could be much worst-like my dollar bills, but things are going well with the spice.
I learned about coins, mint products, silver, gold and other pms, a wee bit about the paper side, and common sense thanks to all of You!
Learned about the goverment, the budget, debt, QE, and Fiat! Why oh why did you show me this hell....
Broke the gold ice with 1 gram $70 bucks from apmex. A koog for $1580 and a few other bits for very reasonable prices.
Lots.. of ASEs of all years and types. Some maples and Koalas.
Apmex, buffalo, sushine, prospectors, and mexican coins - and secondary mint types.
Engelhard bars, apmex, JM, silvertown, monarch, a-mart, prospector, NWT, Pacific, Jackson, Pam Am, and a variety of other secondaries.
4oz silver bills and some generic grab bag samples from apmex. A a few rolls of copper coins from ebay.
A few fake morgans from you guys for a few bucks, good deal with POM, and fake gold AGEs from the flea market for $5.
Coins and bars from everything from foxwood, Ballys, to Randal Cunninham, and sharps pixley and Bar Mitzah, with a variety of santa's.
Everything from fractionals, 1 oz, sealed strips, 2, 3, 5 and a bunch of 10oz bars at $275, to stagecoaches and the 1/4 I keep in the car.
Proofs, slabbed 69 first strike ASEs, BU, toned and on down to some scratched, polished, and cleaned. 2 w holes.
Morgans, Peace, Ikes, halfs, and silver nickels. I even went through $1k of dollar coins looking for something to keep of which there were few.
Some mint rolls of state quarters, and washington/lincoln dollar roll sets. Full Quarter albums at face cost.
I learned the diff between bullion, value added items, and the loss in buying jewelry.
Lost a lot of sleep. Realized some are bad, good, crazy, and some sleep in the store and don't shower.
Melted expensive fishing weights and learned how to dip, clean, and polish. And post beginner posts and debate nicely and avoid politics...
A few hunded pounds of copper pennies to weight down the safe, and a safe deposit box, and some other places I'm not even sure of anymore..
Coin folders of various types, and mulenium sets. And an AR before the end. And all the ammo I can muster, mister.
Learned you can give away mint sets, proofs, coins and silver and most people just don't get it or want to know.
Whatever the wife nabbed when I wasn't looking... I can sell a $30 ASE for $30 or $58, or not at all in some conditions.
I learned about buying, taxes, caution, and being stupid and if I sold it all right now at modest selling prices, I'd be ahead.
In the beginning of December 2011, I literally knew 'Not a Single Thing' about the above in anyway.
For me ok. The PM price today is good enough, could be much worst-like my dollar bills, but things are going well with the spice.
I learned about coins, mint products, silver, gold and other pms, a wee bit about the paper side, and common sense thanks to all of You!
Learned about the goverment, the budget, debt, QE, and Fiat! Why oh why did you show me this hell....
Broke the gold ice with 1 gram $70 bucks from apmex. A koog for $1580 and a few other bits for very reasonable prices.
Lots.. of ASEs of all years and types. Some maples and Koalas.
Apmex, buffalo, sushine, prospectors, and mexican coins - and secondary mint types.
Engelhard bars, apmex, JM, silvertown, monarch, a-mart, prospector, NWT, Pacific, Jackson, Pam Am, and a variety of other secondaries.
4oz silver bills and some generic grab bag samples from apmex. A a few rolls of copper coins from ebay.
A few fake morgans from you guys for a few bucks, good deal with POM, and fake gold AGEs from the flea market for $5.
Coins and bars from everything from foxwood, Ballys, to Randal Cunninham, and sharps pixley and Bar Mitzah, with a variety of santa's.
Everything from fractionals, 1 oz, sealed strips, 2, 3, 5 and a bunch of 10oz bars at $275, to stagecoaches and the 1/4 I keep in the car.
Proofs, slabbed 69 first strike ASEs, BU, toned and on down to some scratched, polished, and cleaned. 2 w holes.
Morgans, Peace, Ikes, halfs, and silver nickels. I even went through $1k of dollar coins looking for something to keep of which there were few.
Some mint rolls of state quarters, and washington/lincoln dollar roll sets. Full Quarter albums at face cost.
I learned the diff between bullion, value added items, and the loss in buying jewelry.
Lost a lot of sleep. Realized some are bad, good, crazy, and some sleep in the store and don't shower.
Melted expensive fishing weights and learned how to dip, clean, and polish. And post beginner posts and debate nicely and avoid politics...
A few hunded pounds of copper pennies to weight down the safe, and a safe deposit box, and some other places I'm not even sure of anymore..
Coin folders of various types, and mulenium sets. And an AR before the end. And all the ammo I can muster, mister.
Learned you can give away mint sets, proofs, coins and silver and most people just don't get it or want to know.
Whatever the wife nabbed when I wasn't looking... I can sell a $30 ASE for $30 or $58, or not at all in some conditions.
I learned about buying, taxes, caution, and being stupid and if I sold it all right now at modest selling prices, I'd be ahead.
In the beginning of December 2011, I literally knew 'Not a Single Thing' about the above in anyway.
COA
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(people variously call it "investment", or "stacking" or "rescuing fiat dollars", but to most outsiders, it's a "coin collection")
Liberty: Parent of Science & Industry
I like diversity. Keeps things from getting stale.
Too many positive BST transactions with too many members to list.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Best I did was start with a 1/20 gold panda and trade/sell/buy my way up with it all the way upto a one ounce gold eagle. Took 2 months 2 coin shows and 2 guns shows. Just have to know what people think they need.
"“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)
"I only golf on days that end in 'Y'" (DE59)
https://www.pcgs.com/setregistry/gold/liberty-head-2-1-gold-major-sets/liberty-head-2-1-gold-basic-set-circulation-strikes-1840-1907-cac/alltimeset/268163
Hopefully 2013, will be another good year for me but, so far, it got off to a slow start. The year is still young.