A late Silver Sunday post
Since I am late I will give a little more than 1 oz
Will get these big coins out of the way, after this they should all be 1 oz pretty much
The 2019 1 1/2 oz 9999 canadian silver maple
Face value of $8
These coins really pack a punch
I think they come in tubes of 12? Correct me if I am wrong, or 14 maybe I have to check
The premium on these are usually higher than a lot of other pieces you can find so you will have no advantage by just stacking these but I like to have different pieces even if its just 1 copy
I am thinking of getting more than just 1 copy of a coin… maybe 2 or max 3 of each piece that way if for some crazy reason I need to sell some I can keep the variety by holding onto at least 1 copy of each coin
The other day Richard Heart pointed out to Vitalik that the L2’s are getting paid WAYYYYY too much, to the point its hurting the ETH price… not too long after Vitalik address’ these concerns and I believe has implemented changes
Will be interesting to see what happens around the first of March I expect a lot of volatility
Monetizing volume and leveraging it to buy and burn seems to be the play
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I like to have a variety of Canadian bullion coins, keeps stacking interesting than just Maple Leafs.
for the longest time gold maples were more valuable than bars when selling, these days the bars are worth way more… not sure why the premium on maples were cut so much
Usually premiums are sensitive to stock levels. Net inflow of inventory often results with the retailer reducing his premiums to move product rather than sitting on top of it for too long. Some Stackers may have been selling their Stack to meet expenses, I'm seeing more and more 'previously owned' bullion at my favorite coin store where I have been getting some really nice deals.
makes sense, I remember posting about a lot of people selling when gold started setting new all time highs… but with prices like this I can only imagine the uptick
Nice silver! Can't have too much of that! We'll see how things go!
!BBH
one of my favourite silver pieces