04-21-2003, 09:04 PM | #1 (permalink) |
pow!
Location: NorCal
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Value of silver?
Are these worth anything? I just discovered (10) troy ounces of silver. They are indvidual, plastic-wrapped rectangles with "Silver - one troy ounce" and a serial # imprinted on them.
Are individual ingots worth more than a mass of the stuff? (Some people find pocket change. What can I say?)
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04-22-2003, 04:55 PM | #8 (permalink) |
Buffering.........
Location: Wisconsin...
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I would hang onto them personally. I doubt the price will go down any..but i could be wrong...
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04-22-2003, 11:50 PM | #11 (permalink) |
ClerkMan!
Location: Tulsa, Ok.
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I would keep them just because I think they would be cool.
Here is another question for y'all. What is a rough estimate of the value of a gold bar? I mean like of the sterotypical movie (old west style atleast) size. Obviously it will very based on the exact weight but I mean ingenerally.
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04-25-2003, 08:39 AM | #14 (permalink) |
Cracking the Whip
Location: Sexymama's arms...
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No,
After the Hunt silver debabcle back in the 80's, silver isn't worth that much. Still, some survivalists have a stash incase of SHTF and TEOTWAWKI scenarios where paper money is worth nothing. I'd hang on to it, it I were you, or I'll even buy it off of you at market plus the shipping.
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04-25-2003, 11:47 AM | #15 (permalink) |
Insane
Location: Toronto
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My friends mom blew a summer's allowance on silver back in the 60's, now its worth peanuts. But minerals are a natural resurce, and natural resources do get used up, and the laws of supply and demand say things that are in short supply are worth more. So when silver is rarer than a 60 year old (non-religous) virgin, it might be worth alot. That might take a while though.
it still has its sentimental value though..? |
04-25-2003, 12:08 PM | #16 (permalink) |
Cracking the Whip
Location: Sexymama's arms...
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no, there won't be silver shortage. If the price goes up 10 bucks an ounce, they'll just open silver mines that become viable economically, just like they do with other minerals.
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"Of all tyrannies, a tyranny exercised for the good of its victims may be the most oppressive. It may be better to live under robber barons than under omnipotent moral busybodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end, for they do so with the approval of their own conscience." – C. S. Lewis The ONLY sponsors we have are YOU! Please Donate! |
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