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  1. #61
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    Quote Originally Posted by UWone77 View Post
    You know it never occurred to me that silver bars were possibly collectible. Especially since I'm thinking... you can just melt it down at any time and brand whatever you want on them. I could see how some older ones would be cool though.
    Back in the early 80's silver hit an all time high and alot of people cashed in bars. Well alot of the older Engalhard and Johnson Matthey bars got melted so what remains today is a remnant of what once was out there. So the scarcity of some of these bars makes for some crazy high prices.

    Unlike silver most of the gold ever mined is still around. Silver gets consumed up in cell phones, computers, electronics, solar panels etc,etc. Most of that is never recovered so it puts an eventual strain on supply.

    Heres a 100 year chart, pretty interesting. https://www.macrotrends.net/1470/his...100-year-chart
    Last edited by Stone; 2 July 2019 at 16:45.
    The best way to survive a violent encounter is to be the one inflicting the most violence.

  2. #62
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    Smile

    Just noticed a new video from long-time YouTuber Cull Silver on how he recently sold some Gold to buy a boat. Maybe you'll find this interesting:


  3. #63
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    What what do you think? 1oz, 5oz, or 10oz bars?

    Or a combo?

    So far, I've taken a liking to the Silver Eagles...

  4. #64
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    Silver and Gold Eagles are probably the most widely recognized and easiest to move. I like Britannias as well. Both are exempt from Capital Gains taxes. If I were still buying Silver I'd probably stick to name-brand 10oz bars. The coins are a pain in the ass to store. Keep in mind silver will tarnish in contact with air. If you're dead-set on Silver, be sure to vacuum-pack any bars you buy. Another reason I like Gold ... it's non-reactive and requires no special care.

  5. #65
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    The air is filled with many different compound gases, including several that contain sulfur. The sulfur reacts with the silver to create silver sulfide, which appears as a dark coating on the silver. Moisture and humidity can promote these reactions, which is why silver tarnishes quicker when the air is damp or humid. Keeping your stash in a col dry place is best. I use Pacific silvercloth which acts as a sacraficial to protect the silver. Milk spots are another issue and can develope on coins and especially proof coins. Maple leafs are the worst offenders, I would avoid anything from the Royal canadian mint like the plague except their 10 and 100 ounce bars. One ounce bars are really small and over time, logistically can be a PITA. Five ounce bars are in the same catagory as the one ounce, just not a great way to store them and not as popular at resale as 10 and 100 ounce bars.

    https://silverguard.com/pages/pacific-silvercloth-faqs

    Cut squares about 2"x2" and crumple it up and place it in the top of the tube of your Eagles. All coins have the possibility to milk spot, the Silvercloth will prevent it...
    The best way to survive a violent encounter is to be the one inflicting the most violence.

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