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:
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
It seems you have a great silver coin collection!
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Ramadhan Spirit @brian.rrr 😊🙏😊
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This is so wonderful. you bought at a very good price.
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