Guide to buying silver in Australia (resurrected)

Discussion in 'Silver' started by goldpelican, Feb 20, 2010.

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  1. buck

    buck New Member

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    I came across a webpage on silver snowball
    Seems like a good idea. Has anyone tried this? is it real or a scam? are the coins real silver or fake? any info would be good before i part with $$$, thanks
     
    buck, Mar 25, 2011
    #101
  2. goldpelican

    goldpelican Administrator Staff Member

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    Multi level marketing scheme.

    You just violated a forum rule by linking to it - fixed that for ya ;)
     
    goldpelican, Mar 25, 2011
    #102
  3. buck

    buck New Member

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    Hi goldpelican, sorry im new here and new to silver. Ive been buying some silver just recently from bullionmark.
    They are cheaper than perth mint for coins. Anyone know of cheaper places to buy?
    The silver snowball, multilevel marketing? Anyone had any success with it?
     
    buck, Mar 25, 2011
    #103
  4. goldpelican

    goldpelican Administrator Staff Member

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    Question any multi level marketing scheme in any format, not just silver. They all promise returns in excess of contributions. Kind of the antithesis of the idea in investing and saving in precious metals as honest, hard money.

    Have a read through the forums, and contact some of our forum sponsors - silver is generally very competitive, and there's other value to be had from building relationships with particular dealers rather than always just being a "buy the cheapest from anyone" customer.
     
    goldpelican, Mar 25, 2011
    #104
  5. Maggie

    Maggie New Member Silver Stacker

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    Excellent Post. Thankyou. GP
     
    Maggie, Mar 29, 2011
    #105
  6. silveroz

    silveroz New Member

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    Hi to everyone. Only discovered SS site today. Have been investing in PMs for past 4-5 years. Looking forward to sharing and learning.
     
    silveroz, Apr 24, 2011
    #106
  7. wannabesilver

    wannabesilver New Member

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    anyone willing to trade just for the sake of it. I have american silver eagles-I would like some Australian coinage. Even for even yes no maybe?
     
    wannabesilver, Apr 29, 2011
    #107
  8. Starshell

    Starshell New Member

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    Thanks..very informative for the beginner
     
    Starshell, Apr 30, 2011
    #108
  9. rbaggio

    rbaggio Active Member Silver Stacker

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    GP, might be worth mentioning in the sticky somewhere that 'oz' = troy ounces. 1 kg = 32.1507 troy ounces, 1 troy ounce = 31.1034768 grams, etc.
     
    rbaggio, May 11, 2011
    #109
  10. renovator

    renovator Well-Known Member

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    Im sure i made a post in here the other day "poof " gone any reason why GP ?
     
    renovator, May 11, 2011
    #110
  11. goldpelican

    goldpelican Administrator Staff Member

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    ???
     
    goldpelican, May 11, 2011
    #111
  12. renovator

    renovator Well-Known Member

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    hahahaha it might not have gone through i was thinking ??? too it doesnt matter. :lol:
     
    renovator, May 11, 2011
    #112
  13. renovator

    renovator Well-Known Member

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    Found it GP it was in the online links for precious metals in the generel section my mistake
     
    renovator, May 12, 2011
    #113
  14. Stexe

    Stexe New Member

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    Hi guys,

    I am actually wondering how do you calculate the ounces available in pre-decimal Australian Coins? Say for instance, 92.5% of 1kg pre-decimal coins contain how much of ounces in pure silver? Sorry as am very new to coins !! Thanks!
     
    Stexe, May 19, 2011
    #114
  15. Dwayne

    Dwayne New Member

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    Dwayne, May 19, 2011
    #115
  16. Stexe

    Stexe New Member

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    Could anyone provide the silver content for UK half crown, UK shillings and UK sixpence? All pre-decimals?? Thanks.

    Am just learning how to calculate 0.925 and 0.5 silver content. Just confuse with how it works..

    Sorry for the noob question! Thanks everyone =)
     
    Stexe, May 19, 2011
    #116
  17. Dwayne

    Dwayne New Member

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    You need to provide the years - different years have different silver content.
     
    Dwayne, May 19, 2011
    #117
  18. Stexe

    Stexe New Member

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    All are pre-1920: 92.5% silver
     
    Stexe, May 19, 2011
    #118
  19. Dwayne

    Dwayne New Member

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    ok, so what's the question then? :)
     
    Dwayne, May 19, 2011
    #119
  20. Stexe

    Stexe New Member

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    Just wondering how do you calculate pure silver content (oz) if there's 1kg of 0.925 silver and 1kg of 0.5 silver? Sorry this might sounds very noob to many people..
     
    Stexe, May 19, 2011
    #120
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