GoldFinger1969

I was too young at the time to focus on investing, but I doubt that supply was going to be a bullish prop for the price, since the high price would incentivize production and CAPX. I'm also not surprised it lost that much after a bubble-spike from $12 in September 1979 to January 1980. I still consider silver a speculation. Here's a recent BARRON'S abbreviated (need to pay) link to the solar and 5G case for silver: https://www.barrons.com/articles/silver-prices-are-set-to-benefit-from-surge-in-solar-panels-and-5g-51606474800

But I didn't say it.... The way the quote appears makes it seem like I said it. Kurt did.

Got my 1998 Thaine B. Price Collection auction catalog today.......very nice, hardcover, COA, price list for items sold. Only surprising thing was that the pictures were not in color, which I thought was surprising. Still, very happy to have this which was put out by David Akers own company and has extensive commentary from him on every single coin. Coins included $10 and $5 and $2.50 Indian Heads, Barber Half Dollars, and Saints.

In financially turbulent times, both silver and gold tend to be a focus for raising cash. So I'm not advocating either (esp. silver, less so gold) as a protection for a market crash like we had in March 2020. The bullish case for silver rests on increased semiconductor and chip production, plus more industrial usage. Think palladium over the last 30 years or so.

Figured.....I am still wondering why HA put out the Morse Collection of Saints book in hardcover but then put out the Burdette re-issue Duckor update in softcover.

I saw a piece in BARRON's a few months ago that was bullish on silver. Gonna see if I can find it.

Historical ratios and other items mean so much less today in the age of the Internet, instant information, etc. So many new sources of $$$ to flow in or out. Anything compared to oil or natgas will have changed in recent years as fracking lowered the price of each. I do believe that ratios or prices that stay with fewer variables -- like only gold or silver, for instance -- can be useful. For instance, the premium on coins relative to gold or silver content is still useful, IMO.

It's amazing that people don't understand that JP Morgan is a custodian and clearing house and they have long and short positions on behalf of clients. They themselves don't own the underlying positions. The regulators wouldn't allow it. And yet, people continue to believe it. Agree with your general thrust on silve and gold WC....but prices and long-standing ratios can move over time. Oil and gas used to trade at a 6:1 ratio....last 10-15 years it has been closer to 20-30x. Silver and gold used to be much closer in price than last 10-15 years. Now, the old ratio of 30-40x is closer to 80-100x.

Well, judging by GME's move today and the move in the AH, they should at least be raising some cash for SLV.

Yes, keep reading these forums. You'll learn alot and that is far more important than whether you overpaid on a $99 purchase or not. Ultimarely, that will keep you in the game as we have ALL made dumb, overpriced purchases of one type or another over the years.

Wow, what a great read with the interview between JA and MR. I'm going to now hit the comments. I suspect that there is heated back-and-forth from a quick glance.

I don't know what this is alluding to.....

Most catalogs I would think are softcover, no ? Virtually everyone I've seen for sale has been softcover. I did get a special David Akers hardcover for the Thaine B. Price collection. Paid a bit more, but an Akers catalog for a classic sale like Price...and hardcover....figured it was worth it.

Thanks Conder....that's good for when the price is too high or when I'm not sure if the catalog has any relevant information. I got the 2012 FUN Duckor catalog and it's worth having with the pictures. Ditto the Thaine Price one. Others I am not sure about so rather than spend $$$ and be disappointed, NNP is a good place to make sure it's worth the $$$ or just to grab the commentaries without pics. Only problem is the portal can be tough to use at times. Maybe I need to read the User Guide.

Affirmative..........

Totally unfamiliar with the Peace Dollar but....if this is a coin in high relief, why didn't they make it concave like the1907 Saint High Relief ? Are the devices ABOVE the rim ? The whole point of having the concave "deep dish" structure was to make sure that abrasion didn't take place on circulated coinage.

I'll keep an eye out for that one, but I doubt it pops up on Ebay. Maybe on HA.

Probably $150 or so if you bought them on Ebay, unless they were in bad condition.

Well, it's up $2 I guess but I wouldn't look for $50 anytime soon.

It's a much larger market than GME when the stock was $5 or $20 or even $60. Gonna be moving a $10 billion daily market cap based on the futures.

I don't think it's manipulated -- what you are seeing now with the Reddit's piling in is manipulation. After any short squeeze ends, the price will fall back, just like when the Hunt Brothers controlled 1/3rd of the global silver supply.

I got my Price List from 1959 from the B. Max Mehl Co. and the 2012 FUN Duckor Saints catalog. Very pleased with both.

Who is Hansen and why is he/she important ?

Thanks, Roger....I'll be hitting the 1922-S chapter again in your book very soon.

Wow, they lowered the grade. Was the orgiginal holder NGC or PCGS ? And how the heck did you even realize those parallel lines were those of a FILE ? I would have thought it was just normal wear-and-tear or tiny grooves in the die itself that came into being from the high pressure. Last thing I would have looked for is sabotage and file marks. Amazing....congrats.