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RE: Sold 1/10th of a Bitcoin @ 2,750 - Bought ALL These Shiny Metals

in #gold7 years ago

Oh i know, those round ones are simply 1oz bullion coins. I payed melt spot plus %, came out to $17/oz on the silver.
I do like the designs tho. Got some christmas ones and such, good fun for an investment.
I also collect Morgan Dollars which are real silver coins typically 25% premium over melt spot prices.
Damn, so you really think that one isnt from 1929?
I figured that was the stamp date for the bullion coin... all the others have stamp dates too but 1980 and beyond.

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Yup, your right. The 1929 is just a special date for this minting company and the put it on one of there stamp templates.
That is dissapointing :(

I always somewhat wanted an old bullion token... i have old morgans from the 1890+ but a bullion piece would be cool. I would think bullion would have been melted down somepoint within the 100 yrs

They did not make bullion "coins" in those times - there was no point because gold & silver circulated. I mean there were some traditional coins being minted (which did not fit into normal circulating coinage) but in those times all gold coins were priced at bullion value so all of them were sort of bullion :-)

This is definitely modern stuff - the date doesn't have anything to do with real production year.

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