Spot prices are dropping! What will you add to your stack with these low spot prices!

What The Heck Does "Numismatic" Mean??

This was one of the first questions I asked when I was starting out in precious metals. I kept hearing about it in YouTube videos. Someone would hold up two silver coins and point to one and say "this one is worth more than this one because it's a numi". HUH? A numi? What the what. So began my search for information on the word numismatic. I could get into a lengthy long explanation and try to come off as an expert (which I am not, at least not yet ;) ) , but I would rather give you a quick explanation. Numismatic is when a coin has a higher value than the spot price. Now the coin could have a low mintage, maybe its really, really old and was pulled from the bottom of the Bermuda Triangle or it could have an interesting history attached to it. Personally I don't do a lot of purchasing of oldie but goodies when it comes to coins. I prefer the newer shiny stuff. SO most of the modern coins I come across with a high price are because of  numismatic value and they are considered "numi's" because the mintage numbers are really low, limited and graded. 

Semi Numismatic? Oh boy. So from what I have gleaned from the silver community on YouTube is that, well how can I say this....ummm yeah , lots of people don't agree on this term. Lots of mixed feelings about this one. I'm not gonna even go there. 

So who are these YouToobers I'm following learning from? Well here is just a few. Check 'em out and hey, maybe subscribe! Join the club :) 

Where To Buy Silver Online

With spot prices dropping below $20.00 lots of people are looking for websites to purchase online. Here is a list of websites that are popular with silver stackers. Of course these sites are not limited to silver. Many carry a variety of precious metals such as gold, platinum, palladium, copper and even diamonds! So what ever your in the mood for, you can find it. 

• Provident Metals
• APMEX (American Precious Metals Exchange) 
• Gainesville Coins 
• Monarch Precious Metals 
• Silver Towne 
• Scottsdale Silver 

All of these have different shipping lengths and most seem to be a few weeks behind. If your looking for more of instant gratification with silver you may be better off purchasing silver from your local coin shop! Any sites I missed? Where do you buy your silver? 

2013 West Point Two Coin Silver Set!

2013 American Silver Eagle / West Point Two Coin Silver Set

The US Mint is releasing a new set and the price is a bit of a discussion on Facebook. I guess number of sales will show if the premium was too high or not. 

Silver Eagles! Premiums to high?

Is it just me or is it impossible to find any Silver Eagles with low premiums out there? I see lot of shipping delays from all the online shops. I called my two local coins shops, no Silver Eagles available and no 90%. Yikes! Anyone have good suggestions on where to score some good deals on 1oz rounds or coins?

YouTube Prize Haul !

I'm super happy to share my 2nd place prize I won from a YouTube contest. I scored an awesome Canadian Silver Dollar , an air-tite which came in handy for my Canadian Maple Leaf with a snake privy as well as a certificate for sending in coins to ICG and getting a coin slabbed and certified. A BIG thank you to Mr Aparicio! What a generous prize. Here is a link to his channel. Check it out!

Jose's YouTube Channel. 

The Dip!

This last week was either an exciting time or not so happy time for silver stacker's. We saw a major dip with silver. Lots of people took advantage of the dip and ran out to pick up as much as they could get their hand on! In my local area, all the of local coin shops are out of everything!! Or maybe they are just not wanting to sell at such a low price and waiting for the silver spot price to bounce back up? The lowest I saw it at was around $26.16 an ounce. I was glued to my phone app all week! Not to worry though if you have invested a lot in silver, the spot price seems to be creeping back closer to $27.45 an ounce today. Did you run out to pick up some silver this past week?