Silver hits $100/oz

uncgriff

uncgriff

Honored Member
Messages
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Crazy. I have a couple hundred Morgan dollars all but a few of the carson city ones are now worth more melted than as 150 year old coins.

This is a cook island $500 silver Moby dick coin. It weighs 5 pounds. Now worth $6k as a single coin.
1000010001.jpg
Have some decisions to make I guess. Crazy
 
uncgriff said:
Crazy. I have a couple hundred Morgan dollars all but a few of the carson city ones are now worth more melted than as 150 year old coins.

This is a cook island $500 silver Moby dick coin. It weighs 5 pounds. Now worth $6k as a single coin.
1000010001.jpg
Have some decisions to make I guess. Crazy
Click to expand...
The price going up for silver and gold related to the dollar's fall and all the crap Trump is doing?
 
I have inherited 999 silver flatware (setting for 12 plus serving items - perhaps 70 total) that has not been used in 20+ years and I don't think my children are all that interested in eventually receiving. Tempting to unload it.

Also with gold nearing $5000 tempting to unload my 18 carat class ring, also not worn in 20 years, and inherited Krugerrands.
 
I also have a lot of beautiful silver medals from Napoleonic and English colonial era. They are simply too nice to melt down but the silver is getting to be worth more than the actual medal.
 
I have a single $50 gold eagle I received as a gift more than 25 years ago. I’m leaning towards selling it, but not sure the money is worth the hassle of figuring out how best to unload it.
 
uncgriff said:
Crazy. I have a couple hundred Morgan dollars all but a few of the carson city ones are now worth more melted than as 150 year old coins.

This is a cook island $500 silver Moby dick coin. It weighs 5 pounds. Now worth $6k as a single coin.
1000010001.jpg
Have some decisions to make I guess. Crazy
Click to expand...
5 pounds of sliver does not sound very pocketable, even as a sphere. What are the dimensions of that thing? I’d guess something like 6-8” diameter and 3/8 or 1/2 an inch thick.
 
I have a close friend from childhood who is a conspiracy-loving "libertarian." He's been stockpiling silver for years believing it will be the only remaining currency when the world economy collapses. Not sure why silver and not gold, but he has his reasons.
 
bassydude77 said:
I have a close friend from childhood who is a conspiracy-loving "libertarian." He's been stockpiling silver for years believing it will be the only remaining currency when the world economy collapses. Not sure why silver and not gold, but he has his reasons.
Click to expand...
It doubles as werewolf defense, so win-win.
 
bassydude77 said:
I have a close friend from childhood who is a conspiracy-loving "libertarian." He's been stockpiling silver for years believing it will be the only remaining currency when the world economy collapses. Not sure why silver and not gold, but he has his reasons.
Click to expand...
Must not be a Trumper. Otherwise, he’d love gold….well, gold-plate.
 
dcf2 said:
I have inherited 999 silver flatware (setting for 12 plus serving items - perhaps 70 total) that has not been used in 20+ years and I don't think my children are all that interested in eventually receiving. Tempting to unload it.

Also with gold nearing $5000 tempting to unload my 18 carat class ring, also not worn in 20 years, and inherited Krugerrands.
Click to expand...
Honestly seems like a winner. Just taking up space and collecting dust.

With that said, my dad has been giving my kids Morgan silver dollars and I would be disappointed if they sold them so I guess my cold hard rationality is a bit hypocritical
 
bassydude77 said:
I have a close friend from childhood who is a conspiracy-loving "libertarian." He's been stockpiling silver for years believing it will be the only remaining currency when the world economy collapses. Not sure why silver and not gold, but he has his reasons.
Click to expand...
I had the same buddy. Used to play pickup with him, good player. Sometime before the pandemic he showed me photos of all his stockpiled silver. Coins, forks, random stuff.

Of course he fell into all the covid conspiracies and eventually I had to cut him off. He was relentless with it. Those people get really unhinged, as we’ve all seen.
 
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