/biz/ - Business & Finance

>>29758012
Don't get so much that it messes up your budget and forces you to sell some before the moon mission.

>>29758599
If you're inclined to YOLO into Silver, please do some DD on promising miners/explorers and reap those hypothetical gains, trading/speculating on physical bullion is inefficient, stacking is largely the way to preserve instead of growing wealth. That said, I personally believe the fundamentals for Silver at this point in history have set the metal up to perform both functions. If you have a trading account approved for options you may want to buy calls on mid-tiers like First Majestic or Endeavour (I like UUUU calls too) when the bottom is in.

>>29758705
Post links to hate threads so I can mine salt plz.

>>29703048
$300 Silver and $6,000 Gold seem fair, though I wouldn't be surprised to see double that at some point this decade.

>>27615593
>Is this still bullish even though it was manufactured?

I think so, but moreso because of the enhanced public awareness thanks to the spotlight Silver was given instead of the price action. Now normies worldwide are hearing about boomers stacking hard to have assets that'll survive the failure of fiat and starting to learn and think about it too. Countless new stackers are being forged and having thousands of years of ancestral memories of hard money and intrinsic value flood their awareness when they hold their first shiny rocks; something that stocks or cryptovaporcurrency will never elicit.

>>27351983
>Check wikipedia, it's a couple of hundred at most.

No, since the dawn of monetary systems there have definitely been thousands, and if not ended by conquest or other political upheavals they eventually destroy themselves via debasement.

>>27258124
>I just bought a Medusa coin (waiting on it's arrival) and it is purported to be 2nd century BC - though coins online seem to be -500bc with the medusa

Sounds like a drachm of Apollonia Pontika? Anchor on reverse? Relatively common in the realm of ancient coins but lots of fakes came from a fraudulent "black sea hoard" (bulgarian forgery workshop) around 1999. Post pics and I'll let you know what I think. Ancient coins are absolutely awesome but I've been focusing on Silver Bullion for the past year.

>>25629706
>how much silver is 17 shekels?

Depends on the Shekels. Babylonian, Phoenician, or Underweight Jew Shekels? That passage probably refers to the ~~14-15 gram shekel, so maybe ~246 grams of basically pure Silver.

>>25225087
>I've been thinking of buying a Denarius on the off chance that I get one of the ones paid to Judas for betraying Christ

"Scholars" generally agree that the 30 pieces of silver paid to Judas were the popular regional "Tyrian Shekels", Seleucid dynasty Tetradrachms which weighed around 13-14 grams. An example is sitting on the first joint of my ring finger here, with Melquart/Baal facing right

You can also look for the ever-popular "Tribute Penny" denarius of Tiberius, allegedly a coin of that issue referenced by Christ in telling the Pharisee to "render unto Caesar what is Caesar's"

Be careful because ancient coins are pretty addictive, almost effervescent nuggets of history, myth and legend.

>>24973739
I'd recommend a nice standing liberty, ones in better grade with nice toning are very pleasing and attractive. Those later large cents really don't impress me much in-hand but if you must have a LC for the collection then go for an attractive Draped Bust, those are great old coppers with lots of character and actually look and feel "old".

I need to take more phonephag pics of other coins but I like this one, fondling ancient Greek silver makes me very happy. It seems like imperial Roman coins are somewhat more popular, likely because there is more surviving history and more research work on them which lowers the barrier of entry for newbs, but Classical and earlier Greek coins are downright magical. I have a little collection from Klazomenai in Ionia depicting Chrysaor, the flying-boar brother of Pegasus, both having been born of Medusa's severed neck stump. The legends telling of a ferocious literal flying-pig ravaging the countryside amuse me endlessly. It's a fascinating world to get into but not usually cheap so stacking bullion is probably best for now. Hopefully numismatics stagnate relative to bullion and I can trade/cash in for other things I want later. Always wanted a nice late 1700s bust dollar with heraldic eagle, those are sexy.

>>23821921
>I fondle all of my metals. With. My. Bare. Hands.

That's the only way worth living anon, condoms are for cucks.

>>23662840
>Inefficient markets are the best though

No argument here fren, but they are very hard to explain to the uninitiated. You either "get it" or ya don't.

For example, I've made thousands the past few days selling bulk pharmaceutical powders (legal loopholes, not explaining further) that I've marked up 1,800% and can get more of whenever, it's easy as fuck and you work your own hours, dunno why NEETs even exist when easy money is laying around just about everywhere.

>>23454819
That is an 8+ gram Corinthian Stater c. 300BC, Akarnanian Pegasus Staters are basically the same. Search eBay for "Pegasus stater" and you'll see dozens, however ones actually struck with an attractive, not-worn-to-shit Pegasus die aren't usually cheap. Mine was a sleeper uncleaned example I knew was good picked up for $120. A beauty after I got done meticulously removing millennia of crud.

>>23318079
>I still think they're soulless, ugly coins.

Based, and a verified fact too. Unfortunately most all coin these days is soulless, really starting going down hill when they moved to CAD/CNC die-crafting and lower cost lower relief strikes. look at the high relief of a 1968 copper cent versus a modern flat one for example, modern shit is more like Chuckie Cheese tokens (rip in pizza ole fren) than dimensional sculptural proper coin like us burgers had in the 1920s.

>>23249861
>gaslight: the post

Except he's right.

Obviously there are tons of fakes for ignorant boomers and zoomers to navigate, but eBay is also the best source bar-none for great deals if you're not a dingus and actually know your coins or whatever else.

I got everything in-hand off eBay, all genuine, and could sell it all within a week for approximately 2.5x what I paid. More if I had more time. Greedy boomers will stuff themselves on fake Athenian owl tetradrachms bought for "awesome deals" way below market, then just like whoever bought .999 German Silver and FUDs eBay here they eventually realize they're retarded and bought ancient chocolate, then cope by shilling endlessly all over the internet about how absolutely everything on eBay is fake. It gets old.

If you're retarded then yes please stay away, but if your head is screwed on straight you can study your subject and become your own expert. It's not hard if you're genuinely interested.

>>23107863
>Few understand. Metal is a long term game, geological in pace compared to the current fiscal meta; people heavily invested in the current financial system have a hard time picturing it going belly up.

>Few understand.

It's such an enormous perspective that few even possess the hardware needed to encapsulate or systematize it.

Empires and their monies, Peoples and their cultures, even the Gods and their zealous conquering legions are born from the ashes of their past and eventually find themselves buried and forgotten once again. Nothing of man is eternal, except perhaps the cycles of history we are fond of repeating. Since childhood I've sensed in my bones that this postmodern world man has created is fragile and illusory so have always sought what is real; what is of true intrinsic value unto itself instead of just a bag of hype.

I think we all here "get it" in some flavor or another, but God help everyone who still believes in the house of cards.

>>23047509

Actually a very good post with sound advice.

Nicely and "naturally" toned silver does indeed fetch a premium, but beware of the beautiful iridescent anodized-looking silver as that takes literally 2 seconds to do artificially. Just submerge coin in a certain chemical solution and touch with the cathode of a simple DC electrolysis setup. Instantly gives silver awesome rainbow toning and allows you to fleece boomers all day long on eBay.

Regarding low mintage real collector numismatics originally struck for circulation that are in nice condition, yes they are much smarter purchases than mass produced modern stuff like the 2020 Queen's Beast sets struck solely for the purpose of being collected and kept in pristine condition, for example. Pieces specifically made to be collected are contrived and inauthentic, thus of no interest to collectors with good taste who seek genuine special old rarities

Unfortunately most people here didn't start collecting coins as a child, and them having just jumped into bullion recently suggests that they don't really understand the numismatic factors in the realm and may actually think slabbed modern proof grade bullion is a sound investment.

I dunno how to express the difference adequately, but there is a big difference between standard official coin struck for circulation (meaning uncirculated examples are actually rare) and crap like any modern bullion art coin series where anything with any wear at all is actually more "rare" than the millions of identical BU cookie-cutter copies sitting in millions of identical cookie-cutter boxes and cases.

>>23000885
>Excuse my ignorance, but what are the point of proofs?

Originally, prior to the commodification and retailing of mass-produced proof coins, they were limited runs more honestly representing exemplary "artist's proofs" of the fresh hand-polished coin dies and planchets struck for a select list of recipients or in sub-1,000 quantities. 19th century proof coins are indeed rare and numismatically noteworthy so are worth collecting because of their scarcity and accrued historical interest. They weren't made specifically to be put in plastic encased sets and hawked through Littleton to millions of boomers, does that make sense?

~1950 through 2020 proofs were often mass-produced and certainly tend to be nowadays, so while attractive the modern proofs will never really appreciate in value due to their proofiness alone because of how obnoxiously common they are now.

Sorry for sperging on the subject but it's very important and most of you kiddos haven't been around coins long enough to really understand that there is a fundamental difference between an actual rare "artist's proof" coin and merely proof-grade coins mass produced for consumption by millions of plebs. Don't pay premiums for modern proofs unless it's entirely for personal pleasure, in general they are extremely poor investments and of absolutely no interest to the serious deep-pocketed collectors you need to have around to ensure your collection or investments appreciate.

>>22927064
>endgoal

I love getting awesome deals and collecting primo artifacts and antiques so view the quality sterling too good to melt as just another part of my collections, I could liquidate profitably anytime but really do enjoy simply having it all around and knowing that those real assets won't go bankrupt or dilute themselves. Got thousands of ounces of bullion and 15k in miners which will be deployed for real estate and small quarries/mines if I get my way. Definitely enjoying being a dragon right now though.

>>22889187
>i just wanna look at rocks

I understand fren, love the old Italian gold, here's some ancient silver nuggets to look at.