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To: montanajoe; dennisw; unkus

...I’m still holding bags of junk coins bought during Jimmy Carter...and some gold coins bought direct from the Mint....maybe it’s time to unload.

....I wonder if you’re thinking of the Bass brothers back in those days...they almost cornered the silver market... their defense was “It’s not our fault....we’re big buyers...we disrupt any market we buy into”...

....those were colorful times back then...traveling buyers would take a room at the Holiday Inn and start paying spot cash for family heirloom sterling...lots of nice pieces got melted down...I look for history to repeat itself on that score.


17 posted on 04/10/2010 5:16:10 AM PDT by STONEWALLS
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To: STONEWALLS

“I’m still holding bags of junk coins bought during Jimmy Carter...”

US silver coins are a good thing to have. They are a familiar, known quantity, especially Kennedys, Washingtons and Roosevelts. People will accept these when they might not even recognize US Mint Eagles, not to mention the odder foreign stuff like Pandas or Vienna Philharmonics. And you can pick up old silver coins much easier.


32 posted on 04/10/2010 6:15:51 AM PDT by PLMerite (Ride to the sound of the Guns - I'll probably need help.)
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