Good old days

in silvergoldstackers •  2 years ago 

Hi friends,

I wanted to share an item that is in my precious metals stack and why I am a holder. Today’s edition is: Buffalo rounds:

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I have a few versions of these Buffalo Nickel rounds, but this particular half tube is from a time long ago - the days when you could buy silver at spot price for the first time purchase with a new dealer.

I used my first purchase with JM Bullion to buy these when spot price was $14 per ounce - this half tube was $140, and is currently worth about $270, so about a double on my investment.

Unfortunately, silver premiums are high these days and there are no real “at spot” deals that I am aware of like in the good old days. To me, that means silver is undervalued and will head higher, but we shall see!

Thanks for coming by,
Brian

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It seems you have a great silver coin collection!

Ramadhan Spirit @brian.rrr 😊🙏😊

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This is so wonderful. you bought at a very good price.