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Author Topic: Coin collecting  (Read 120 times)
cineater
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« on: November 02, 2021, 07:52:33 AM »

Anybody collect coins?  I'm interested in starting my SIL in collecting gold coins.  I'm looking at the little ones under $100.

What am I looking for?   hihi  What percentage of gold?  US ones or are any of the foreign ones good?  I kind of like the ones from Australia for the pictures on them.

Learning weird shit already.  Never realized the backside of the coin is upside down.  I have a 1923 silver dollar.  Almost 100 years old and it's worth around $25.  I'm wondering what the interest rate on that is?  It earned $24 over 100 years.  What's the math on that?
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cineater
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« Reply #1 on: November 02, 2021, 01:16:17 PM »

Fucking Republicans.  Apparently they are all freaked over the economy and buying up gold and silver the moment it hits the store.  Look, my need for a Christmas gift overrides your freak out!  He never knows when he will get a shipment and doesn't notify you when he does.  I am not hanging out at his store like I'm buying concert tickets.   hihi

He did get kind of excited when he found out I have a large container I've been throwing coins into since the 70's.  Gave me a list of all the coins I should look for in there.  But basically he told me I wouldn't find those gold coins under $100.  Recommended silver as it has a better chance of going up.  I use to have the 2 big bars of silver.  Kind of cool, they look like small bricks.  I didn't think they went up that much and really if the world economy goes to shit, you're better off knowing how to forage for food is the way I see it.  Coins are just pretty, something to collect and sell off when you get tired of it.
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The wheel is turning and you can't slow down
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cineater
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« Reply #2 on: November 04, 2021, 02:33:06 PM »

Okay, this is cool.  They make silver Christmas coins.  Always looking for that little something to thrown in with the big gifts.  Think I'll start everybody on these.

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The wheel is turning and you can't slow down
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If the thunder don't get you then the lightning will
cineater
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« Reply #3 on: November 15, 2021, 05:59:22 PM »

I'm thinking I'm over paying for the price of silver right now.  The coin collecting guys are saying people are buying this stuff up as soon as it shows up.  My Republican friends are saying bail out of the stock market, it's going to crash, get gold and silver.  I'm thinking no, it's high.  But if they're right about the stock market, shouldn't I be storing up some cash, preparing to buy stocks at all time lows?
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The wheel is turning and you can't slow down
You can't let go and you can't hold on
You can't go back and you can't stand still
If the thunder don't get you then the lightning will
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