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RE: First Silver Shipment Of The Year!

in #steemit7 years ago

thank you.
:D
they even seem small compared to the one oz rounds and i know they are the same weight.
I think i might have all my small buys outa my system and will prolly try to stick to 5oz bars or bigger.
some small coins would be cool but i cant stand the premiums. 9.87 for a 1/20th oz coin but 10.73 for a half oz. lol
I still havent gotten any hand poured stuff but i really like the way they look so it might be something i get into in the fture.
lol

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Still don't get it. But let it be!. I guess i am still too farm form this.
Is this coin trading business! lol.
I am a bit stupid man!
Thanks anyway!

Sorry! wrong place ! :D

lol
More like metal recycling then coins.
if and when i want to cash the silver in i just go to a place that buys it at spot price (price of silver on the market). So just like when you take copper or aluminum in to recycle they turn around and pay you the value of the metal. thats why you get money when you take in cans. they melt the metal down and use it again.
the silver is the same, when i want to cash it in ill take it to a place that will give me the price of silver per weight.
if the price of the metal you have goes up you are making money.
:D
im not the best at explaining things so it might no be you it might be my horrible explaination.
lol

My buying strategy for 2018 is to purchase as much poured silver as my budget allows, I will balance the cost by purchasing 10oz bars in hopes that strategy will absorb the high premiums that poured silver has. It's not a good plan for me to buy bullion below $500.00 per haul because in Florida anything less is taxed, coins aren't, so therefore, I will hold off buying coins until next year. the coin stores/pawn shops nearby have plenty of silver eagle's, so that way, I can go in weekly and make smaller purchases and not have that $500.00 minimum stress factor. I think it is possible that by the end of 2018, we will see silver spot prices reach $20.00/oz. I purchased some silver from SGBull a couple of years ago, the chocolate arrived with the order, but I ordered sometime during super hot summer, so it melted. :(. I kept that in mind, and funny my next order from SG Bull will be this weekend, nothing poured, but something to add to a collection that I had been working on, and some 10oz bars to absorb the premium on the collectables.

I wasent aware of taxes on bullion, i might need to look into the laws where im at.
Thats awesome about the local coin shop, if i knew of one close to me i would prolly be stopping in now that i have this new addiction. lol
I really wanted that chocolate, maybe they stopped doing it cause they got complaints about melted chocolate all over the place. Im hoping the shipment that arrives tomorrow has one in it.
I havent gotten into the poured bars yet but i have been getting into the idea of pouring my own stuff. thinking it might be fun to melt everything down and pour into a giant steem logo.
lol
You gona post picts when you get your delivery? I would love to see picts of it.
:D

The taxes depend on which state you live in, and I think it is something that needs to be done quarterly. Maybe you can look it up via the internet or ask whoever prepares your taxes. Oh, I live a few miles from Daytona Beach, FL so there are a lot of pawn shops and coin stores all on one road, lol.
Pouring your own would be awesome! Maybe you might want to buy shot silver to do that and keep your stack in tact?
Yes, I will post some photo's of what I have in my stack. I will be uploading video's too. Last year, I did not purchase much silver because I was using to dollars to buy camping/ emergency preparedness gear. I'm back into stacking silver this year and the next. It will take awhile for me to receive this order and any others in the future because I pay via money orders, just another way to reduce those extra fees.

Yeah ill look up some info online about it. I would rather avoid all taxes on the silver im buying if i could. lol
Yeah i seen stuff about shot, do you know if it has a lower primium because its not molded? Im still in the mind frame of weight and thats about it sofar. im sure at some point ill see something poured or a coin i musgh have but sofar im just into the weight.
Im excited to see the picts and vids, i noticed last night i was watching silver videos at 2am in the dark like 16yr old me would have been doing with porn. LOL

Check out silver slacker on YT, he has the most extensive collection put on video. It's cool because the viewer gets to see the silver from different angles. If you look further into his video's, you might find a few of him working with yeager silver, and pouring. I think those are mixed with shot and bars.

nice!
Ima go look the channel up right now.
LOL another long night of silver porn.
:D

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