I have mentioned many times as to getting on a "tear" with this series and that one, constantly mixing it up to where I feel very good as to where I'm at presently. And have pretty much ignored statements by others that I was a fool and an insufficiently_thoughtful_person. I mean really, what in the hell do they know?

Greeting Collectors,

First of all I want to thank the multitudes who have written me over the last week or so. I know my posts are long, and believe it or not, I re-read them several times trying to condense them to an acceptable length.I got no emails saying this but it is something I'm very well aware of. But the notes of appreciation were many in thanking me for the pieces on the PCGS OGH along with my personal opinion as to where we are headed as far as metal prices. I do work pretty hard on these posts and I'm not a fast person on the keyboard by any means, so when I get a note of thanks, well, every person likes to receive those. A heartfelt thanks to all of you who have written. But another reason I write so much, is that the money is so good. Yea right.

Down through the years I have collected many types of coins with some favorites that stand out and of those, most of you know what they are. I have also taken a hiatus to other areas of collecting like a year and a half ago, I added many silver bars to my already large collection. I spent a pile of money on silver bars and probably 3/4 into that surge of buying, I thought to myself. Should I be spending this much money on just one thing? Silver was in the $14-$19 per ounce range and had just gotten there once on that high end of $20 only to have corrected back into the mid teens. Anyway my worries were short-lived and I usually don't pay any attention to myself, or when I was married, to the ex when it came to any purchase pertaining to coins or precious metals. Damn, I'm so glad I've been like that. Because now it has assured me of what I think will be a very comfortable retirement, if and when I do retire. That's a good 15-20 years out because unfortunately, I still love to work. I think I like working for the simple reason is that it fuels my many addictions and that in turn, makes me very happy.

So anyway so far this year I have been selling vintage gold jewelry on eBay in my store and have been pouring the funds back into low premium silver products. I have traded for and bought over 400 of the 40% "Blue & Brown Ikes" in all of the years, with most being the blue ones and 3/4 of them dated 1972-S. I also in the last few days, taken proceeds from high premium old pour silver bars, and bought a little over a dozen proof silver eagles in the original govt packaging along with three 10-lot groups of various commemorative silver dollars, with maybe 6 of the 30 coins being silver half dollars. All of these were bought for a total of 2% below melt on the commemorative's and about FMV on the proof SE's.

So now studying in retrospect, I really don't see how I can lose on these latest purchases and trades. I mean, all of everything is just like it came from the mint and I will probably be able in the future, to re-sell at a reasonable amount above spot. And I am confidant the spot price at the time I sell, will be much higher than the spot price was at the time it was originally bought. But like I said, selling a silver product for sometimes as much as 40% above the melt price, along with the fact my purchase price was way back in the day when silver $8 or $9 and up to about $15 an ounce. That coupled with then turning around and buying other silver for melt and a little below are deals that really can make one's day.

What I mean is that it has always been very hard for me to sell ANY COIN or any precious metal bar or round without taking the proceeds and plowing it right back into more of like product, in this case, more silver coin items. This is the one thing that allows me to sell something without having a horrible feeling in the pit of my gut as I am addressing the parcel and packing it up, to be sent away.

So I've been on many "tears" down through the years. There was the slabbed gold tear in the late 90's up to about 2003, when I bought many of my $20 double eagles. Then there was the tear on getting all of the rolls of the back dates of silver eagles I needed after buying my 1st roll in 1996. And and of course maintaining a new roll every Jan when the new date would come available. There was the buying $500 face bags of silver quarters and half dollars back in the 90's. The 1st bag was $500 face in quarters and I paid a huge $675 for it. Wow, to only be able to go back in time. Then the last couple-three years was spent getting all of the $5 gold eagles from the mint and other back dates til that interest waned. Then there was my bout with my Franklin halves and slabbed MS-64 Morgan dollars. All the while chipping away at my little "rattler" collection of Mercury dimes. And then the last couple years up to about a year ago when I was on a tear with old pour silver bars. Then there was the fling with the 40% Kennedy halves, right on up to the present in trying to corner the market on Blue Ikes, and lastly the foray into older mint products in silver with all of the boxes and papers. This "Ho" can really get around huh?

Whew! Each of those times over the years there was a nagging voice whispering in my ears, to no avail, as I'm deaf in one and can't hear outta the other. But still the faint whisper to not go "overboard". But I always ignored all hints and the screams. Also the words from the ex went un-heeded, so that all I could do was go "full steam ahead". So you know what I think now, looking back? "F" that little voice. Had I listened to it, I would not be near as far along in my collections or my silver & gold. That is "way better" than I would have been, had I listened to it, ... or my ex-wife. I am beginning to think that I know more about what I'm doing, when I don't know what I'm doing. If that makes any sense.

I leave you with a wish for a Happy Holiday Weekend, and hope everyone has a great safe Easter with your family and with your God. And I leave you with two examples of yet another tear I embarked on "back in the day". PCGS "old green holders" from the 1990's that are currently holding a couple of sweet, and very hard to locate this nice, FBL Franklin halves. Silver to gold ratio is unchanged for the most part due to today being "Good Friday" but still a wee bit lower. It stands at 32.298

Happy Collecting no matter what it is, you collect!

WKF