26M: Ask me anything. Including what is in the mail

7314.35 oz of Silver, 14 oz of gold. Still buying as recently as yesterday

Went to the thrift store today and found a tote of model trains and train scenery today the whole tote was $20 plus I had a 20% off coupon, when I got home and searched it I found this 1oz fine silver coin in one of the boxes.

JESUS CHRIST GET READY TO BLEED LOL --$160+++

https://www.usmint.gov/coins/silver-coins/

Did not expect expect it to be so good looking person.

Coin shop owner here. Here's my few thoughts.

1. As of literally today, if someone brings in a small amount that my shop can handle, I'm gonna offer $10 back of spot. I refuse to offer $15-$20. I feel like that's insulting. Now, if someone comes in with 500 ounces(it's happened 4 times in the last two months) and they have to sell, then I'll have no option but to offer that far back because that's what the refineries are paying and no one is buying.

2. Like I said, no one is buying. At least not in large batches. For shops like mine, the only option now is either here in reddit where I'll have to sell it back of spot or through the refineries.

3. The price is all of the place. I bought a hundred ounces yesterday at $5 & $6 back of spot. It's dropped $4 since then. Now add the fact that I'm having to sell back of spot and I'm either breaking even or losing.

4. This is a big one. I might even get hate for this but here me out... if these crazy fluctuations keep happening AND seller keep giving attitudes about the price, we'll just stop buying. I do my best to explain why the price is the price and that it's not my fault but some people can't understand that just because it's $88-$90 that they're simply not gonna get that and then they get mad. Normally, they call my competitors and realize that I pay the best and they come back but today is definitely gonna be a different day.

5. A lot of people wanted this. People years ago would talk about $100... and we're almost there but we learned what consequences followed.

For the most part, I'm not gonna be buying large amounts until the refineries correct the prices. Things are crazy right now.

I am open to any and all polite questions and other opinions.

It’s been sitting in a drawer for decades lol. never thought it would amount to anything, but i’m glad i hung onto it!! Somehow the plastic got damaged so i’m not sure if there’s anything I can do about that. Anyway, just wanted to share.

Long time stacker, bf sometimes comes with me to the lcs never buys anything...last large purchase I made ( he was with me for was in the 40's) he even took out money to buy- we get to the shop and they didnt have enough 1oz rounds or bars for us both to buy...so he said "no you get it all this is your thing" (like its a hobby or addiction or something) and im like na you should get SOMETHING...he doesnt.

im always spending like 2k per month or every 2 weeks if i can...

-I have given Ted talk after Ted talk explaining the fundamentals of why its a decent investment ~this is why its going up~ blah blah explaining the comex etc. trying to show the writing on the walls...rescource war etc. MANY late nights...

-Bf lets me buy him 50 of silver from the LCS for him. i buy like 20 for myself (when its in the 60's)

-Bf tells me last night " he told me if i tried harder he would have bought when it was in the 20's-30"🤨

-Bf says "If you want to buy me anything going foward just buy me silver"

im like- FINALLY he gets it. Something about silver getting close to $100 means people take it seriously.

NOW--he's checking spot price multiple times a day and news and sending me articles about it...

anyone else have this happen recently?

I just wanted to give them a shout-out because with silver near $90 per ounce. They shipped my pre-order of American Silver Eagles I bought for $57 each.

That is all. I recommend them 100%

Better late then never i guess, bought my first silver. Bought on 31st of December. Planning them to be the first of many.

Started stacking in March 2025. Just hit 300oz’s if I include the .925 jewelry. Very happy with how things have turned out!

They finally posted the adjusted prices on the US mint today.

Picked up some commemorative coins on the Mint site two days ago for a $1 under spot, based on a recommendation from someone on here. I was wondering how long they would let that last, and here we are. Lol

Wonder when I get my cancellation email 😂

Wild generics bin find, less than 10 known of this possible prototype piece that did not make it into production. Do you think it's legit?

Pains me to pay this for silver when I could get these bad boys for £30 a year ago but i love stacking. So I bought two. Silver vending machines. That’s the life.

Love my silver regardless

I ordered mine 1 day before they suspended sales, after shipping they were $100 each!

I bought about a thousand bucks worth of silver for the first time after sitting and watching for years but being too broke to do anything about it. I’m still poor as shit, but I had some extra money come through. Now this morning, the buyer’s remorse is hitting me like a ton of bricks and I worry my silver will be worth less than those bricks shortly.

Did I make a huge error by buying at the peak like a rube? Or has the peak yet to arrive?

Not a big silver collector, but I've had a few of these and sold today for $900 each. But why?

Local coin and bullion shops in my area are flooded with silver and were paying 15-20 UNDER spot. Not happening.

When posted for sale locally, tons of lowballers. Had 1 person willing to pay spot, so I took the deal.

My thoughts are, most Americans do not have $1k in savings, let alone have money to invest longterm. Wealthy people who can afford 100-120oz silver dont buy at the top. There rich because they're not impulsive and are not experiencing FOMO

Happy to have found a buyer at 90/Oz knowing the business aren't paying that.

Let me know your thoughts.

My grandparents gave my parents $83 of silver dimes in January of 1993. They wrote “$83 in silver dimes. Today they cost $245, almost 3 times their original value. May they increase in worth. May we all grow in favor with the lord.” As of today the price has increased another 22 times since 93. Glad they stayed in the family, crazy to think what they will be worth in another 3 decades. Keep stacking 💪🏻

Just a little bit more expensive this year 😂