Got silver? Now is the time to act.

I

Irishdude

Member
Wife and I took some old silver (plates, forks, etc) that had been sitting in a closet for 15 years to a reputable dealer here. Walked away with $4700 in cash (He only wanted about a quarter of the pieces -- only the sterling objects).

Wife is going back to them with a bunch of flatware found in the garage. (We're moving so going through a big cleanup and re-sort.)

If you have anything lying around, now is the time to act with silver at $75 or so per ounce.

Start your year off right!
 

I don't have any sterling silver..that I can think of... thanks for the heads up tho'...

This time last year tho'..I sold some gold jewellery.. very tiny things, a bracelet, a couple of rings... and I was astonished at the price I got for them

I bought my made to my own specifications new bed with it...
 

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Tom52 said:
I should take my pre 1964 coins to get some cash out of them but I can no longer lift a 5 gallon bucket full.
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Put them in mason jars and get the heck over to the store that says "we buy gold and silver!" The man today said a dollar silver coin is now worth about $60 for the metal alone.
 
Nice Irish Dude! I inherited silver utensils from my mother. Never used them because I dreaded having to clean them. I don't even remember where I put them. I also have 5 silver dollars. How does one go about finding a reputable dealer anyway?
 
OneEyedDiva said:
Nice Irish Dude! I inherited silver utensils from my mother. Never used them because I dreaded having to clean them. I don't even remember where I put them. I also have 5 silver dollars. How does one go about finding a reputable dealer anyway?
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We heard through word of mouth. Look for a gold and silver company with a GIA certification. I don't know where you live in New Jersey but there are such places.
 
Tom52 said:
I should take my pre 1964 coins to get some cash out of them but I can no longer lift a 5 gallon bucket full.
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When the Hunt brothers were flying high in the late 70s and silver was at $50/ounce, the bank that I worked for stored many five gallon buckets of silver in their vault for preferred customers.

A friend and his wife used to brag about buying a new Chevrolet for $1,200.00, face value silver coins.
 
I view investing in gold or silver the same as putting your money under the mattress. You know where it is but it can't earn anything for you. Now if I were fleeing the country to save my life I could see that it would be okay to take it in gold or silver, that can be converted to cash most anywhere. (I saw the Vietnamese horde gold knowing that one day they might run for their life.)
 
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