NOT Losing Money On Silver!!! Coin Performance
NOT Losing Money On Silver!!! Coin Performance
Hi Silver Slacker, great video. I was wondering if this coin would be a good investment? Thanks for the great video’s keep it up!!! http://www.perthmint.com.au/catalogue/chinese-ancient-mythical-creatures-2oz-silver-antiqued-high-relief-coin.aspx
When do you think the 2016 Reverse proof maples are going to come out? Also, do the privy kookaburras come out the same date as the regular ones? I believe the release date for the 2016 kooks is November 2nd
spot was 19.06 but you paid $13? Wut?
because 263 * 19.06 is like $5012
spot now 263 * 14 = 3787
That’s a loss of $1200
Sure you could scam people on ebay and try to get the mark up but lets get real. You lost money on your trade. Please tell me you dont day trade because you would get roasted on the exchanges.
Buy high sell drunk FTW!
I just wanted to take the time and thank you . watching your videos inspired me to become a stocker. I literally just purchased my first 25 ounces.
Whats your exit plan on all of this silver? Ebay?
Keep on buying them They will go up after a few years I recall in the early eighties It went up close to 60 bucks and came down back to 6 bucks.
Really well done great research done and super performance I need to copy you congrats
Do you factor in ebay fees and paypal fees and your time spent listing and shipping on ebay?
You ok paying the big premiums for vintage poured bars or avoid
Hello Silver Slacker. Great Video, thanks. I was wondering if you could share best some tips and advice on buying true rare metals safely on ebay? I visited Ebay a few more times and just don’t know the safest way to genuine pure silver. I’d like to be as sure as possible that I’m getting the real thing, Thanks again.
Is it a viable option to sell to a pawn store? Rather than ebay taking a percentage of the price?
Do you have a current version of this video so i can know what to buy or look for . Im a beginner budget silver investor planning to buy now and sell them when i can make money out of them i dont mind waiting a few years 1-5
I have one 10 oz year of the snake coin, only coin I own, I really should sell it! Great looking collection I might add!! Cheers!
how did you get them for below the spot price with a premium. Really confused. Spot+Premium= price per oz. Instead you paid spot minus the premium to get $13.06 an oz. $13.06x$263= $3434.78. Where did you buy em?????
3:33 this doesn’t matter…??? but your total value is based on this number. Is APMEX buying your Silver Coins back? If you look for Ebay, people want to get their money back from silver, they are doing something called shorting. You lost 22 Cent per oz. Will it be better next year? hmm maybe, maybe not…It’s like stock market but much slower in progression. It’s nice too look at the coins though. Maybe the feel of wealth is a big part of it.
Wow, very good ROI! For all of us! Yay! One of these days you can open your own webstore and increase your purchasing power and inventory!
i agree, silver is investment, It`s logical, silver used to be on current coins, now is consider as luxury, even if someone only buy 1 oz, in 1 year that bullion will worth a bit more, instead buying a DVD a cellphone or something else.
I bought 120 2015 1 oz kookaburras (6 rolls) at Provident and did an experiment over the last year selling them on ebay. My actual results showed it wasn’t profitable to buy them for a flip. I had to sell them one at a time because that’s what most collectors want to buy. I made about $1 per coin profit and it took more than a year to sell them all on ebay. One of the problems is there are dozens of other sellers selling the same coin since 500K were minted.
18 today so fear is helping silver prices no guarantees for sure, provident has 2011 libertad 5 oz seems like a good one if you missed it, loading up on lunars thanks to you mostly 5 ounce, go
thank you so much for doing this video. and taking the time to make it… i mean it. it proves to me i wasn’t wrong in starting last year… even tho the price was coming down…. 10% increase on kookaburras shows to me….long term gains in my opinion. interesting to think people kill for 10% gain in the markets after a year when you can get a 30% + profit in a year on some silver items you buy regardless of the price lol. i think all stackers are in the right area right now…. but only time will tell.
holding out for business going bust and premiums to drop…. if so will are investments go down with the ship? i dont think so….its physical…. take it easy dude.
For 6 month, you can do more than 6000$,
Apples and oranges.
where do u sell most of your silver mostly at? eBay? in person?
Love your videos. Great info. I subbed. Would you check out my video? Thanks!!
Don’t worry about what the public thinks if it makes you happy
This sound more like numismatics than silver as a precious metal. I suppose everyone here knows that…but buying and selling silver with these premiums sounds quite risky to me. I want to hear how much you can sell and how many hours of dedicated time it takes to sell.
Very nice vid Seo!
Good video SilSla. If I could go back to early March when I started stacking one thing I would do different is buy more coins with numismatic value than just bullion bars/rounds. I went a little too hard on the bullion and too light on the coins. Oh well live and learn I guess. Thanks for posting videos. I appreciate the knowledge and advice you have given in the past.
I know this video is older but this logic for determining value is off and I will show you why.
You can’t use Ebay to determine value unless you add in the Ebay, Paypal and shipping fees. If a coin sells for $18.84 you loose $2.73 just in fees, and that doesn’t include shipping. So each coin would only net you $16.11 before shipping. Bringing your grand total to $4236.93 before shipping. And then add in maybe $300-350 total for shipping. bringing the total around $3900
Can you please explain premiums and how they work
I get spot prices but I’m so confused on premiums and premium investments
I see your calculation, but… I wonder how you sell 263 of them at those prices. I think that needs to be compared bulk sales, not individual sales. Otherwise you will be spending all your free time for 6 months selling them.
I’ve invested into the chautauqua t.i.m.e. rounds and have a very limited supply in respect to the ones listed here. although only 5 in the series I feel the highly visual designs will bring me luck. I just wish I had money to buy in bulk like you buy after jojning the military I will have a great opportunity to save money and buy in bulk gaining little by little over the years. very inspirational. I’d rather invest my money to bet a profit than to spend it and never get it back.
Slacker if you havent seen it the new nordic creatures 5th coin the eagle is the best looking coin i have seen striking not quite the us assay bar but best coin i have seen its all you the eagle only 500 mintage so perfect on provident this entire series in 5 oz is cool but this eagle i thought of you as i opened this stunning beauty and only 500 so hurry you will love it not a skull but best looking coin you will see Love the lunars but this is what usa coins should look like
Great congrats hope the lunars keep this up i bought a lot.all 5 oz and up
Loved your video! I have most of the coins as well, just not near as many of each. Buying more every month.
That strategy will not work for a long haul. Eventually Perth mint will start flooding the markets with coins if they see the demand starts picking up. Otherwise they would leave money on the table.
Dude, what do you do for a living?! Love your vids, man!
now 33$ lol
i have one troy onumce of .999 silver one 90% silver $0.50 and a 40% aswell. where xan i buy silver coins or bars that are not fake
What do you think about a 10 pound copper bar ?
you are delusional if you think that you coins are still rising while spot price is falling. eBay prices are for whackos and idiots. Try offloading your coins at a real dealer and see what the real value is. Even today I can see ebay coins selling for a premium over any proper online dealer.. why? BECAUSE IT’S EBAY. Other than the odd idiot who is buying the odd coin and the lucky seller who manages to hook them, it’s an insignificant market.
awesome info slacker. did you say u had snakes still? I am looking for a 5, 10, and kilo snake. are you willing to part with any yet?
How about a 2 year follow up?
Nice choices. Are you factoring in your ebay commissions and paypal fees in those profits? There is also the time involved in packaging and shipping them, which one could put a $ on if you wanted to. Not trying to bash, still think these are good investments, regardless where silver spot goes, just saying there is overhead to be considered. I’m putting my money on the kooks this year, think those are going to be a big winner. Also going in on the Rwanda meerkats, although I’m not as certain how those will do since mintage numbers aren’t released.
Great job on stacking.. I sold a huge stack back before the last dip and getting back into stacking again. Knowing the markets is key and understanding the premiums on numis. Although I use to sell numis on ebay as a power seller I honestly got sick of the ebay fees and the time involved taking away profits. I guess after you factor in the fees it really eats into the profits unless its something like my favorite which was the 2010 lunar 2 tigers. I remember buying em for like 18-20$! Wish I woulda bought more. Don’t get me wrong I’ve done what you’re doing and still think numi coins are great to stack when you can buy em low. I’ve just found its best to stick with stacking weight mostly.
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