90% Silver Under Spot

It's only a few days before Christmas and more packages are arriving. This one isn't from Santa, but it's one I've been looking forward to getting! I managed to snag an auction of 90% silver half dollars under spot! To top it off, silver jumped $2/oz at opening, just shy of $70/oz! Crazy!

With how rapidly spot price has been climbing lately, the deal I got on these was massive!

I got all five of these for $103.57, which includes shipping and tax! Each of these half dollars contains 0.36 troy ounces of pure silver. Melt value on these at $69/oz is $124.20! I basically got these for almost 17% under spot because of how quickly spot price is climbing. When I originally bought them spot was only about $63/oz, which means I got them for 18.5% under spot at the time!

Unlike the Sterling scrap I've been melting down, I certainly won't be melting these. I'll probably sell the two Kennedy half dollars and one of the Benjamin half dollars, then keep the second Benjamin and the Walking Liberty. After all is said and done, I'll have paid about $31 for $50-worth of silver. I love it when a hustle is successful, but even more when it gets me free or heavily discounted silver or gold!


1000033547.jpg
Buy DUO and stake to receive Hive dividends, tip others, have your posts curated, and grow Hive!
https://tribaldex.com/trade/DUO
https://hive-engine.com/trade/DUO




Do you like stacking gold and silver?

Are you new to Hive, or know someone new to Hive, and want help and support?

Have you been on Hive for a while and want to help new Hive members? Join HOC and help us grow Hive and encourage new members!



0
0
0.000
14 comments
avatar

You received an upvote of 99% from Precious the Silver Mermaid!

Thank you for contributing more great content to the #SilverGoldStackers tag.
You have created a Precious Gem!

0
0
0.000
avatar

That sound lke a very nice bargain my friend.
!PIZZA !LUV !LOLZ

0
0
0.000
avatar

It certainly was! I still can't believe I got it! 😁

!BBH
!PIZZA
!ALIVE

0
0
0.000
avatar

I'm feeling another $2/oz richer already.
I feel a nosebleed coming along.

!PIMP

0
0
0.000
avatar

Very nice snag for sure. I just can't believe how much silver is shooting up.

0
0
0.000
avatar

Im impressed you found any under spot. Over here its impossible 😅

0
0
0.000
avatar

Wow, I am going to take you with me next time I go bargain shopping! Nice snag!

0
0
0.000
avatar

Keep in mind that I think 90% U.S. Silver Coins will do 10 Times better than Common U.S. Coinage…

0
0
0.000