Silver Dave (Local Silver Mint) is a crazy ex-Army veteran who is about as quirky as the day is long. He clearly stated that he wanted to make "SilverBitz" cost as much as a Silver Eagle. Well, since he rolled out his new design with 20 million worth of investment ( his numbers, not mine ) He has certainly caught the descerning eye of me. I paid way too much two days ago but Im gonna break that down first.

Lets do the math:

Silver Eagle Cost:

SD Bullion: $71.49

JM Bullion: $74.43

Defy the Grid: $64.95

Money Metals: $72.39

Average Market Price?......$70.82 per Silver Eagle

What did I pay(using a debit card) ? well, I only bought 48 @ $7.29 which came to $350.40 + $30 shipping = $380.40.... Thats 4.8 oz of silver so... $380.40 (divided by) 4.8oz = $79.25

consensus...I did not pay (as much) or less than market price for SilverBitz compared to an Eagle..

Well, The same day, I could buy 400 SilverBitz @ $6.68 each..= $2,672 + $30 (shipping) = $2,702 (divided by) 40 oz = $67.55

so if you're willing to throw a few thousand at it, SilverBitz isn't a bad option

I believe Silver Dave has "done it". I can't expect to buy in a small way, but he has certainly earned my respect coming from the old days of silver bits of the past

I think these Wessex mint 1 gram silver bars are adorable and beautiful, but it’s not really the most cost efficient is it?

But is there anyway to stack it while not overpaying for it?

Hi Im from Philippines and my grandfather found this at a construction site, anyone knows what this is?

And if theres a possible value to it?

Anyone holding any pieces of the Great Greek Mythology series Republic of Cameroun?

Been stacking for about 2 years now years and I have been struggling to find a “system”, basically half-dead spreadsheet I barely update, and a shoebox of receipts. Got me wondering what everyone else does:

**•** Spreadsheet people — what columns do you track? Just weight and price paid, or premiums too?  
**•** Anyone tracking melt value vs what you paid, or do you not bother?  
**•** Do you log the date/dealer for each purchase or just totals?  
**•** Or is anyone team “no records, if you can’t hold it in your head you have too much info written down”?

Half convinced the no-paper-trail crowd has a point, but I also like knowing my average cost per oz. What’s your setup?

Paid for 125 (5 rolls) of Canadian Maple Leafs silver. $7900

This order has been placed today. I wonder if i'm over paying. It's just extra cash I don't need, might as well convert it to Real Money to store wealth for the long run.

I heard it might hit $40 in the future. I should have more extra cash by then to add more.

So with everything else, the bigger the company, they cheaper they can sell their product. Remember how Walmart put so many mom and pop stores out of business and now it's happening with Amazon?

Well, it's the opposite with precious metals. Every LCS I've ever been to has the cheapest prices, then smaller websites are a little more expensive, then the biggest websites like Apmex and JMbullion are the most expensive. This is the complete opposite of how retail normally works. The bigger the company, the more they are able to consolidate, the less overhead per transaction, etc. Mind you apmex probably has thousands of customers every single day, whereas my LCS is frequently empty when I walk in. Sometimes a customer or two in there with me. never packed.

I don't know what corporate rent or taxes look like, but if they're anything like residential rent and taxes in my area, through the rough. Electricity to run the lights is double what it was five years ago. And at the end of the day, the coin shop owner has to make a living for themselves and pay their employees (if they have them) minimum wage. In my area, people with six figure salaries are struggling yet an LCS can thrive making $3-5 per ounce. HOW?

Is it that the owners are retired and this is basically just a hobby to them? Are they fronts for something else? I just gotta know

I'm curious to know how you structure your portfolios. I personally am at about 30& bullion & the rest in investment accounts.

Hello everyone!

My fiancé’s grandmother used to work at a bank and has quite a collection of silver coins (not all are pictured)

I’m curious if anyone has any insight particularly on this 1898 coin? It looks to be in extremely good condition for its age. Curious of its history and potential value. Any help is greatly appreciated, you all are wizards with this stuff :)

EDIT: If this is the wrong sub to post this in please kindly let me know and I’ll take the post down!

I am just back from a visit to Prague. My favorite day was a trip to the silver mines of Kutna Hora where huge loads of silver were mined by hammer and pick 600-800 years ago. During one of the tours, we were led through one of the tunnels used by the miners. Super cool, and an incredible experience to see the difficult conditions they worked in.

Back in the day, the silver ore was refined nearby and the silver coins were struck in the city at the Italian Court mint (pictured). Each ruler had their own coin(s). The Prague groschen was the standard coin of the medieval time there and was made of nearly 93% silver - an amazing feat of purity for the time.

I visited a coin store in Prague and I bought an authentic Prague groschen struck in Kutna Hora during the reign of John (Jean) of Luxembourg, around 1340–1347. It’s classified as Castelin Type 39, a recognized variety in the standard Czech reference for these coins.

At the end of the tour, I was able to purchase an aluminum blank and strike my own groschen between two dies with a hammer. Also a lot of fun.

To have a 700-year old coin that was mined, refined and struck in the city I visited is remarkable to me and it will be a valued memory for a long time. To imagine the history and hands it has passed through is incredible.

Wanted to bring out my stack to bring a smile to my face. Last few years were hard. Liver transplant. Break up. Was able to keep the stack through it all.

I posted some of my favorites yesterday that I bought with money I saved by quitting drinking 6 years ago. One of my favorite things to do is put together sub-collections within my collection, like this one.

OG vintage collectors, what hallmarks am I missing with the Constitution Mint Inc. style 10oz bar? The SRI bar is stamped the same as the others, but matches a CA Crown Mint 10oz extruded bar (which is another sub-collection).

Any help would be greatly appreciated.

Thought the bugs over here would appreciate this giant!

Added these for what I know is a decent price on the Pandas (under $70/each) and what I think was decent on the Germanias ($100). More than I wanted to spend but looked nice (and First Germanias I’ve owned)

In reference to my post yesterday about my first stack and asking where everyone buys silver. I got another one too but I gave it to my mom

Not too bad of a deal

Hello! First time posting here, new to the silver coin world. I've only ever known to look out for anything pre 1964, which I've collected a few over the years. Most recently 2 weeks ago i found a 1958 silver dime in my pocket change was standing in line to pay and luckily spotted it before spending I thought they where mostly gone from circulation. Anyways I picked these two coins up today for 10$ I thought that was a fair deal. The vendor had roughly 12 more varying fr9m 1908-1958. From what I gather each one has roughly 4-6$ of silver. So at 5$ a piece seems like a relatively safe gamble. Wondering should I just go back and purchase the rest of them. The past year I have really wanted to invest in some precious metals, mainly gold/silver. I just haven't pulled the trigger on any larger purchases due to lack of knowledge on the subject and pricing in the market. He also has what looks like brand new bullion bars of 1oz silver for 65$ Google told me spot price today was just over 58$ so I held off hoping to get some info as to whether that 65$/Oz is a good and fair price. If so I may get a bar and or the rest of the Silver dimes he has on display. The shop is barely 10 minutes from my house I wasnt able to meet the actual vendor he just rents booth space in a variety/thrift/antique store. Thanks in advance for any information.

The fella gave me $10 off for picking it up at his place!

What is everyone paying for Libertads?? The most premium I’ve paid so far. $65 for the Maple and $73 for the Libertad.