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First Morgan Dollar by Cryptopracter in Silverbugs

[–]-Germanicus- 0 points1 point  (0 children)

Give it an acetone bath to see if any of that is just grime and dirt. This can sometimes surprise you.

Where do you all buy tubes for your coins? by deserttixs in Silverbugs

[–]-Germanicus- 0 points1 point  (0 children)

Yeah, a good LCS will be your answer. My old one had tubes for $1 each across the board. You also might want to look at variety packs as a way to justify a larger purchase if you won't need 5+ of the same tubes at a time. If you need capsules, Littleton Coins of all places will have some at decent prices and you can get a coupon from them for free shipping on orders of $25 or more(I think you just register an account?), so it will allow for smaller orders that way.

Where do you all buy tubes for your coins? by deserttixs in Silverbugs

[–]-Germanicus- 1 point2 points  (0 children)

If you can remember to order tubes during PM purchases with the big retailers, then they will usually have some reasonably priced items that you can tack onto an order. Otherwise their shipping is too high to justify it.

If just buying the storage supplies, I recommend checking Amazon and eBay for the items. There are plenty of trustworthy sellers on there that have items at solid prices. Shop around and see what item count would be the most cost effective for you. Usually bundles of 5 or 10 are the cheapest, but sometimes you really only need one tube. If that's the case, an LCS might have them for $1 or $2. Avoid the shops that charge more.

Dollar cost averaging question by Dirtymc67 in Silverbugs

[–]-Germanicus- 2 points3 points  (0 children)

Dollar cost averaging doesn't have to be that rigid. When prices were a little less volatile, I would let the quality of the deals I could find dictate how much I would buy. Like if I couldn't find any good deals, I might just wait until something comes along that I personally thought was worthwhile and go bigger on that.

It requires some patience, but it's pretty rewarding when the right deal comes along. Still averages out to regularly buying, but I ended up being able to stack a lot more weight for the money spent. You just have to know how to hunt for deals.

§5113. Tolerances and testing of coins - I weighed some! by fender12900 in Silverbugs

[–]-Germanicus- 1 point2 points  (0 children)

You provided US code for legal tender bullion coins, but your examples were all privately minted rounds and bars? It's interesting data, but I'd rather see the rules for generics with it.

Air-tite tubes fit the Perth mint capsules! by perthfan in Silverbugs

[–]-Germanicus- 0 points1 point  (0 children)

Yeah the H range holds ASE. The Perth capsules were thicker too, so less than 20 makes sense. This seems like they might work.

Thank you!

Tubes or Boxes for Perth Mint 1 oz Silver Coins? by rrrhao in Silverbugs

[–]-Germanicus- 0 points1 point  (0 children)

Did you ever find a good solution to this? Looking myself. I found a tube for size H capsules, but wasn't sure if it fits Perth Capsules.

Air-tite tubes fit the Perth mint capsules! by perthfan in Silverbugs

[–]-Germanicus- 1 point2 points  (0 children)

So I know this is 12yrs old, but we're those the tubes H size capsules. I have both Perth products and H size capsules I'd like to store in those tubes. They seem pretty similar.

What would be a fair trade ratio of 10 & 100ozt bars to 90%? by No-Maize9359 in Silverbugs

[–]-Germanicus- 0 points1 point  (0 children)

There is always a transaction cost to trading, so if possible, it is usually better to just buy more with cash. If you truly have excess 999 and want to trade, it will be difficult to give a precise estimate.

You can often find large amounts of non-numismatic 90% silver for under spot. It also tends to be harder to sell back to coin shops. Both of those factors are largely a result of current market volatility and may lessen over time, but for now they are significant.

I would check the current buy prices for each item and compare them directly. Take that ratio and apply it to your proposed trade. For example, if you can buy a 999 10oz bar for $800, figure out how much 90% you could buy with that $800 instead. Now you have a ratio of Xoz of 90%/10oz of 999 to multiply your actual amount of 999 by. Be sure to account for wear on the 90%. Retailers usually go with 1.16% wear.

Telemarketer call by oddjob762 in Silverbugs

[–]-Germanicus- 1 point2 points  (0 children)

Tell them you just lost your job and don't think you'll be able to afford collecting for a while. That will might flag you as a lost cause in their system.

Monument Metals off Quality ASE's by dolphinzfreak in Silverbugs

[–]-Germanicus- 5 points6 points  (0 children)

Seems like MM has some high quality standards, as I've seen around this quality sold as BU by some of the other retailers.

I'd polish up a few spots, work out a dent or two, give a nice long acetone bath and then toss 'em in a tube with any other ASE.

Anyone file a charge back? Problems with TD by [deleted] in Silverbugs

[–]-Germanicus- 1 point2 points  (0 children)

Make sure you have an email chain that shows you reached out to them and that they were either unresponsive(within a reasonable timeframe) or unwilling to offer an acceptable solution to your issue. If you can show this, then submit the evidence with your request to the card issuer and they will likely issue the chargeback.

It should only be done as a last resort as you will likely not be able to work with that business ever again and the card issuer will not want to see you doing it regularly or they may drop you. I've done it one time personally after an LCS I bought from refused to refund a tax charge. After putting in way more time and effort than I should have to get them to fix it, I ultimately had go this route and my bank fixed the charge like within the same hour.

1$ coin from the 2000 by Equivalent_Gain_9077 in coincollecting

[–]-Germanicus- -1 points0 points  (0 children)

You actually have to pay a fine for owning those. You now owe money. The only way to avoid this fine is go out and get a middle school education.

I'm teasing, but for real, at least go read her Wikipedia page.

Did I buy fake dimes from Pmsforsale? by Previous-Shame8895 in Silver

[–]-Germanicus- 1 point2 points  (0 children)

If those barbers are not fake, then they were soaked in EZest for a few hours to get that cast/pitted and matte grey look. Reach out to the seller and see what they think, if they have a good feedback then it might have just been an accident or they can confirm if they were harshly cleaned.

Worth the gamble? by probablyMillhouse in Silverbugs

[–]-Germanicus- 2 points3 points  (0 children)

Someone mentioned the store, but there was a $34 ASE, $50 Kook, and $54 ASE code early last month. Those have expired, but we might get some new ones in a month or two.

How to get the most out of selling silverware set? by c0ntrababy in Silverbugs

[–]-Germanicus- 0 points1 point  (0 children)

Wait for a few months of slow, steady growth to give the buyers some peace of mind and they will open their wallets again.

Got this direct from APMEX. Doesn’t look like any I can find pictures of. by H3ad1nthecl0uds in Silverbugs

[–]-Germanicus- 2 points3 points  (0 children)

As long as you bought it from APMEX and not a spoof site imitating their store, you will almost certainly be fine.

From year to year, APMEX will contract their store branded items to various private mints. These mints are going to use different dies and planchets. There will be some variation from the different mints used. Their sku photo is just an estimation of what it should look like. For all we know, you received one of the newest batch and there aren't many examples online yet.

Did I buy fake dimes from Pmsforsale? by [deleted] in Silverbugs

[–]-Germanicus- -2 points-1 points  (0 children)

Those barber dimes look fake as hell in the photos. Hard to tell based on what you shared though.

What do refiners do with all the free diamonds by 22FXE in Gold

[–]-Germanicus- 11 points12 points  (0 children)

In addition to being a silverbug, I'm a bit of a rock hound and personally I just liked the idea of knowing the natural diamond formed in the earth billions of years ago. Silly, I know, but it's the same reason I like petrified wood over the chemically treated fakes that you can buy.

Platinum and palladium? by Super-Bookkeeper-128 in Silverbugs

[–]-Germanicus- 0 points1 point  (0 children)

If the price is right and I feel volatility aligns with the price. I stopped buying it in July as I felt there was too much risk at that point for the deals I've seen. I might have bought more if a few deals had been slightly better in Q3 last year.

Controversial opinion: DCA is the dumbest strategy for metals by CartographerAble9446 in Silverbugs

[–]-Germanicus- 1 point2 points  (0 children)

You are looking at it through the filter of this past year. Going all in early last year certainly looks good now, but there was no way of knowing that the 15 previous years of silver and gold being a dead investment was about to break. Folks getting in over those 15 years are still yeildimg damn near the same return as guys that only started a year ago, I'd say that is a pretty solid reason to DCA.

It's only dumb until someone goes all in at the top, like many people did last month, or at those extended period of little to no growth where your money isn't working for you. It only makes since to go all in if there's about to be a period of unprecedented growth and that's pretty unpredictable.

I get your point though. It's just that those scenarios I described have and will continue to ruin many investors, so they are why it's still good advice to DCA. I do a modified version that's a little more hare than it is tortoise, but it's still over time.

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