I got lucky and bought a set of 8 sterling (92.5%) silver flatware for $30 in about late September for $30. The net meltable silver was 75 ounces.
In September, it was worth $2,500 in melt value.
Today, it is worth $5,925.
Wow!
I never thought my traditional sterling silverware woould become an auxiliary retirement plan. And then there’s the little leather box of old silver coins.
I think I need to arrange another boating accident before the democrats impose a wealth tax and start ransacking people’s houses looking for taxable assets.
I bought a Sterling silver tray that was the bottom of a tea set at Goodwill for 50 cents back in the 1990s. Someone had tried to clean it with steel wool.
Still have it in a box of junk in the attic. Every 5 or so years I come across it again and check that it really is Sterling...it is.
It may be getting time to take it out one last time!