wow I just increased my silver holding by 12.5% http://cgi.ebay.com.au/Uncirculated...150588823959?pt=AU_Coins2&hash=item230fcb1997
Got to the bus stop early this afternoon. POETS Went into local coin shop. Guy came in to ask about selling 50x 66 50c. Shop person would buy @ $9 Seller asked about $10 state series coins. Shop person said would pay $15 Went outside & waited for seller to exit. Said I would pay $11 for the 66 50c & $18 for the $10 state series. Exchanged phone number. Will let you all know the outcome. Does it pay to lurk in coin shops?
it is misleading to say in the tilte 0.925 silver, to the uninitiated they may think its 92.5% silver when in fact they are 80%
I saw private citizen selling coins, and a lurker, in coin store On exiting, lurker offered to pay citizen $11 for each 66 50c and $18 for each State coin. I subsequently offered the lurker $12 for each 66 50c and $20 for each State coin.
Oh, I understood. I was just being a pedantic so-and-so. Even if he thinks they're sterling, he should write .925 or 92.5%. 0.925% isn't very much at all.
...but since private citizen did not have said coins on him, private citizen wrote a series of 'promise to pay, good for delivery of 66 50 c' notes on pieces of paper and gave them to lurker. Lurker handed over the $ and subsequently traded the 'promissory notes' to rbaggio, pocketing the extra $. Thus another 'money market' was born where one persons promissory notes are exchanged for someone else's promissory notes! Later that day rbaggio, after seeing an ad on the side of a bus, really wanted a Farmers Union Iced Coffee. However when he got to the servo he realised that he was short on $ so he offered the attendant the one 'promise to pay, good for delivery of 66 50c' notes. The attendant (let's call him Hemant) was hesitant at first but rbaggio managed to convince him that it was all legit and all he needed to do was contact private citizen for full delivery. The next day Hemant contacted private citizen for delivery of 66 50c coin but was told that private citizen no longer had any 66 50c coins because they had been 'leased' to a coin shop for a fee. Private citizen would settle for $10 or Hemant could claim the 66 50c coin from the coin shop. Hemant decided to go to the coin shop, but when he got there he was told that the 'leased' 66 50 coins had been 'sold' and are now being manufactured into silver impregnated bandages and silver ion coatings on samsung netbooks. Which brings us at last to the moment of truth, wherein the fundamental flaw is ultimately expressed, and the anomaly revealed as both beginning, and end.
I was in ABC one day and a woman came in with one of those small quarter ounce ABC ingots on a chain from the early 80's and she kept saying 'but we paid more for it when we bought it' whilst she was being offered their melt value price. I was so tempted to offer her more but I thought it rather poor form so we both missed out on a bargain. Next time perhaps I'll suggest a silent auction lol