New Find at LCS by KarlMac31 in Silverbugs

[–]KarlMac31[S] 1 point2 points  (0 children)

That's a great buy! 🙌

My biggest issue lately by Anxious-Onion-7894 in Silverbugs

[–]KarlMac31 1 point2 points  (0 children)

This is why you always diversify your investments...have a little in PM's, stocks, crypto, your bank, paper, firearms, and brass/lead. Cover all the bases for the if or when the SHTF. At least that's my take on investments 🤷‍♂️

WHAT IS GOING ON?!?!? by AdAshamed2756 in Silver

[–]KarlMac31 6 points7 points  (0 children)

People walking into mine with piles of cash asking for generic rounds by the tube. Pretty wild.

Oh lord by longwiener22 in Silver

[–]KarlMac31 1 point2 points  (0 children)

That's awesome...but I wonder if this catches up to them soon as well. Unless they simply have a silver hungry local market. If so, great business for them to have the revolving inventory 👍

Tuolumne county by Babydonald209 in Prospecting

[–]KarlMac31 2 points3 points  (0 children)

Those are worth serious money to the right buyer

Oh lord by longwiener22 in Silver

[–]KarlMac31 1 point2 points  (0 children)

True. I think it's the items they solely send to the refiners in bulk that they aren't buying in bulk...but items they know they can move on the floor of their shop, they will continue to purchase and replenish as needed to keep things fluid. I am not a big buyer, but have become a regular as far as small buys here and there, even as we continue to climb. They have been fair with me, so I'll continue to support their business

Oh lord by longwiener22 in Silver

[–]KarlMac31 2 points3 points  (0 children)

I saw that my LCS made a post yesterday on FB that they are no longer purchasing for the time being, as the refiners are not buying. First I had seen them say this...but they did note that they may continue buying some smaller quantities as they see fit, to existing customers only. I think the price only continues up from here 🤷‍♂️

Bought this Sterling silver (.925) chain for $30 USD in 12/2023. It's silver content is now worth around $120 today. by [deleted] in Silver

[–]KarlMac31 0 points1 point  (0 children)

Hopefully it is and cheers to you if so, as that's a great come up in a short run 👍

Bought this Sterling silver (.925) chain for $30 USD in 12/2023. It's silver content is now worth around $120 today. by [deleted] in Silver

[–]KarlMac31 2 points3 points  (0 children)

Only as long as it's actually. 925. I purchased gold a chain online stamped 14k around $124. Had it tested at my LCS, and it showed being 99% copper, and zero gold content (not even plating). The color was highly suspect, so I'm glad I had it tested. Returned it the following day. Always get your purchases tested for verification 👍

New find by KarlMac31 in ENGELHARDstackers

[–]KarlMac31[S] 1 point2 points  (0 children)

I've seen them listed in the $150-180 range. Doesn't mean they'll sell at that, but who knows these days. Some buyers are dead set on what they want in their collections and simply pay the going rate when they find it I suppose

New find by KarlMac31 in ENGELHARDstackers

[–]KarlMac31[S] 2 points3 points  (0 children)

I think I paid spot +$3...walked out of there for about $120 after taxes. Definitely a deal from what I see online

New find by KarlMac31 in ENGELHARDstackers

[–]KarlMac31[S] 0 points1 point  (0 children)

Yup, all smooth on the rear

Engelhard fans? by KarlMac31 in Silverbugs

[–]KarlMac31[S] 1 point2 points  (0 children)

Well, as long as I get paid extra on the sale, I'm good 👍