i have never traded gold for silver before and i hate the premiums people put on the types of coins im after so i dont know what is fair in the outside world but to me since i would be trading 99.99% gold i would want $for$ for the equilivant purity +- a bit? Still not sure but thats what these meetings are good for education. My gold bars are all PAMP stamped (5g's and 1oz size)
If you use the calculator at the top of the fourm you will be able to work out the actual silver content of the coins you have. Then just work out how how many of each make an oz of silver and hey presto you've got a great referance point to start trading from ie, 6 pre 46 florins = 2.02 actual silver weight (or ASW). Hope this helps a little, once you have the ASW you then need to work out the gold to silver ration, are you trading sopt for spot or will there be a primium on your gold. ie, 5g gold @$58 per gram =$290 Silver at $34 per oz means you'll need to trade 26 post 46 florins to get an ASW of 8.75oz. So 8.75 x $33 = $289 so you've got a figure you can then use to trade the 5g of gold. Therefor trade 26 post 46 Florins for 5g gold. (This advice is given as an example only and does not constiture actual investment advice. and yeah i know my spot prices are not accurate just trying to provide an example.) Hope this makes sence and if I've got any of the math backward then please someone correct me. See you at the next meet.
Wouldn't you say if swaping gold to silver by spot...silver will lose a fair bit of the premium because of the ratio (unless the silver is in kg bar or bigger)? I swap once with a fellow member at the Melbourne Meet, and we just use one of the dealer selling price and +/- with $$$. So Cinder...what ratio are you going to be using? Or maybe what exactly you after?
Thanks for the advice. I am not sure what im after yet, its just not fun playing with a few gold bars when for the same price i could have 220 round fiftys Ill use the calcs and come up with something
Numbers are looking promising for our last meet, with 12 confirmations already received (includes a couple of interstaters). We still have a couple of weeks , before having to advise the hotel of our final numbers. Keep spreading the word - have booked for 25
Well my offering of transporting stuff from Adelaide-Melbourne still stand...with a cup of coffee as my fee So far...1 person take the offer. So far W Davis has some 1966 50cents, Rabbit 1oz, and Buffalo 1oz. Need to raise some coffee money
On the serious note, I have : 1 roll of Perth Mint Dragon Series 2 (2012) non privy 1 oz Silver 1 Perth Mint Dragon 2012 5oz Proof Silver 1 Perth Mint Ox 1 oz Proof Silver 1 Perth Mint Kooks 2005 1/2oz in a box 1 Perth Mint Kooks 2002 1/2oz in a card 1 Perth Mint Kooks 2004 2oz in green box 1 Perth Mint Kooks 1994 2oz in capsules 1 Perth Mint Kooks 2001 1oz Federation Privy in box 25 PAMP Silver 1oz Lady Fortuna certi-card that I would like to sell OR swap to Silver Bar/1966 50cent/Gold fractional (I prefer to swap). If anyone is interested, please send me a PM to work out a trade. If no one interested, I WILL NOT bring these to the meet...can't be turtle bringing these to Adelaide for nothing. If I found anything else...I will update the list.
How about IF i am the one who give you the 1oz gold and you give me that many silver? And I'll buy you lunch too. :lol:
I have one circulated incused millenium 50 cent piece, that I would like to swap for a 1oz round or bar. [imgz=http://forums.silverstackers.com/uploads/2764_50c.jpg][/imgz] I also have the following uncirculated commemorative australian 50 cent coins [imgz=http://forums.silverstackers.com/uploads/2764_comm_coin_001.jpg][/imgz] [imgz=http://forums.silverstackers.com/uploads/2764_com_coin_2_001.jpg][/imgz] 1970 Captain Cook Bi-Centenary 1977 Silver Jubilee 1981 Charles & Dianna 1982 Commonwealth Games - Brisbane 1988 First Fleet Bicentenary x 2 1991 25th Anniversary Of Decimal Currency (Ram Head) 1994 International Year of the Family 1994 International Year of the Family (Wide Date) 1995 50th Anniversary End of WW2 - Weary Dunlop 1998 Bass & Flinders 2000 Millenium 2000 Royal Visit 2002 Year of Outback 2003 Australia's Volunteers x 2 2004 Primary School Design Winner 2005 Rememberance x 2 2005 Secondary School Design Winner Asking 3.5oz for all the uncirculated commemorative 50 cent pieces or 4oz for the lot including the incused circulatd 50 cent. Send me a pm if interested
Hello All...Friendly Reminder Time, The venue would like to know our final numbers by next Tuesday. Numbers stand at 13 at the moment . If you're coming and haven't posted .....please do so or know of other members that have indicated to you that their keen on coming....Please give them a friendly reminder about rsvp'ing. As stated in the origional post, this will be our last meet for the year and a great chance to pick up some bargains for xmas.
One more week to go...wooheeee. Just wanted to update my list of silver for swap/trade. Please send me PM to negotiate etc, as I will not be taking this to the meet if there is no trade happening. 1 roll of Perth Mint Dragon Series 2 (2012) non privy 1 oz Silver (20 in a roll) 1 Perth Mint Dragon 2012 5oz Proof Silver PAMP Silver 1oz Lady Fortuna certi-card (still have 21 and the box) Airtite tubes holder for 1oz coins, $5 each. Great way to store 1oz coin without capsules. 1966 50cent, $12 each. I have cleaned this (not 100% clean), and I have 54 coins. Buy 27 coins (9oz) I will chuck in the tubes for free. If anything interest you, please contact me through PM...great way to make small purchase without the postage. I'll see you lot on next Sunday!
