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The Water Cooler
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Investing In Silver
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<blockquote data-quote="ttown" data-source="post: 2719916" data-attributes="member: 2114"><p>I say take your silver rounds in and they will be heavy discounted call and see. A privite mint isn't backed by anyone same as sterling silver. Don't confuse wallstreet paper price to real physical metals it can run 5 bucks over spot. HSBC closing all vaults that back GLd there's currently a big question if they even have any gold. A bird in the hand is worth 2 in the Bush</p><p></p><p>Like I said if your worried about price coin silver. But heavy collected coins like the pandas won't ever and have never sold for less than 15 dollars even with silver under 5 dollars. Many are 100s of dollars.</p><p></p><p>No one that invest wants rounds now. When the price goes up it gets real bad. Much worse than it is now. The good thing about coin siver many collectors start out building sets with them and they have been melted for decades.</p></blockquote><p></p>
[QUOTE="ttown, post: 2719916, member: 2114"] I say take your silver rounds in and they will be heavy discounted call and see. A privite mint isn't backed by anyone same as sterling silver. Don't confuse wallstreet paper price to real physical metals it can run 5 bucks over spot. HSBC closing all vaults that back GLd there's currently a big question if they even have any gold. A bird in the hand is worth 2 in the Bush Like I said if your worried about price coin silver. But heavy collected coins like the pandas won't ever and have never sold for less than 15 dollars even with silver under 5 dollars. Many are 100s of dollars. No one that invest wants rounds now. When the price goes up it gets real bad. Much worse than it is now. The good thing about coin siver many collectors start out building sets with them and they have been melted for decades. [/QUOTE]
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