Tyrone Jenkins
Is a Permanent Fixture
On the day when the wagon's come I just pray that you let me on
Posts: 12,610 
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Post by Tyrone Jenkins on Jul 22, 2015 15:51:16 GMT -8
1 and 1/8 lbs worth. I would have bought more but the guy only brought so many with him and other members wanted to buy a couple so I let them go first and this was all he had left. You soft hearted schlep; this is why you are stuck in that dead end job! Stand up for yourself and buy the bulk and leave the rest for the other guys! So this haul is about silver value and not the coin's collector value then? The coins are sold as "bullion" like a generic silver bar or round. These are backed by the US Government (if that even means anything anymore) as to the purity and weight. Canada, China, Armenia, the UK, Somalia, Armenia, Austria, Mexico, Australia, New Zealand, and Burundi all offer bullion coins "guaranteed" by their respective governments. Even though the US Silver Eagles should only technically be worth the value of 1oz of silver the original purchase price is melt + which is usually $4 over spot. The mint sells them to distributors for $2 over spot and they in turn sell them to other smaller dealers for a small markup over what they paid and every hand that touches it raises the price. Fortunately a member of our club is the main distributor for the area and sells them for $3 over spot to members. You go on Ebay and you are likely to pay $5 or more over spot plus shipping. You can usually buy generic rounds and some bars for $1 to $2 over melt but do you know what you are really getting? There are a lot of fake silver bars out there and even Chinese fakes of the US Silver Eagle so you have to be careful but at least with a known design you can compare the details to spot a fake whereas a round piece of silver colored metal that says Happy Birthday 1999 1 oz Silver on it you have no idea what it really could be. The known government issued bullion coins are more fluid if you ever have to sell them. Here's and fake and below is the original with a few of the "flaws" highlighted to help determine it is a fake (the font and size of the lettering is also wrong). Most fakes of older silver coins are magnetic or the weight is correct.   |
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Tyrone Jenkins
Is a Permanent Fixture
On the day when the wagon's come I just pray that you let me on
Posts: 12,610
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Post by Tyrone Jenkins on Jul 22, 2015 16:22:03 GMT -8
I got these back yesterday from the ANACS free grading special :party: The 1945 doubled die reverse error I found in a roll of nickels. The 1861 O half dollar I got a screaming deal on. It was struck at the New Orleans Mint after the state of Louisiana seceded from the Union and had officially joined the Confederate States Of America. The New Orleans mint facility struck coins under the control of the Union, under the control of the state of Louisiana, and finally under the control of the CSA. The CSA only struck 4 half dollars using their own unique reverse design combined with the standard Federal obverse and were never released into circulation (although all 4 examples have now been found and show extensive wear from the people that they were given to using them as a pocket piece of good luck piece and keeping them in their pocket like I am doing). They struck some cents which also were not released into circulation. All of their other money was paper. The original Confederate coin dies changed hands a few times over the years and each time the current owner tried to capitalize on them by striking "reissue" coins many years after the original date and selling them. Even the 1879 restrike half dollars sell for $20K plus  The original CSA half dollar is one of those coins that is so rare that they change hands maybe once every 50 years if you are fortunate enough to find someone willing to sell theirs (as with most ultra high end rare coins) as most of the collectors who have (or had one) have wealth beyond their means and have no reason to sell. 2 of the 4 came up for sale this year inclusind the one that originally belonged to Jefferson Davis. www.coinworld.com/insights/two-confederate-half-dollars-in-two-auctions-in-early-2015.html#The higher grade coin sold for $650,000 (not including buyers premium) and the Jefferson Davis piece sold for $880,000 (after buyers premium) Using die markers from the obverse of the 4 original CSA half dollars the experts can find those some markers on circulation issue coins and find die markers on the reverse which gives them a timeline or chain of progression for the dies used while the mint was under control of the CSA. 107.21.32.92/index.php/seated-half-dollars-1861-o/coins.ha.com/itm/confederate-states-of-america/1861-50c-original-confederate-half-dollar-pr30-ngc-cac/a/1216-5847.s"As things turned out, the New Orleans Mint struck coins under the auspices of three different governments in 1861. From January 1 to January 26, the mint remained under federal control and a total of 330,000 Seated Liberty half dollars and 5,000 Liberty double eagles was coined. The State of Louisiana assumed control of the mint from January 26 through March 31, and a coinage of 1,240,000 half dollars and 9,750 double eagles was accomplished. Finally, the Confederacy officially took over the facility on April 1, and struck 962,633 half dollars and 2,991 double eagles before closing the mint on April 30, 1861" I passed on an UNC but holed WB-103 2 years ago because I saw it at the last minute and wasn;t familiar with them at the time and sold for 25¢ on the dollar  I did save the pics to torture myself with thought    |
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Tyrone Jenkins
Is a Permanent Fixture
On the day when the wagon's come I just pray that you let me on
Posts: 12,610
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Post by Tyrone Jenkins on Aug 1, 2015 8:54:58 GMT -8
I picked these up today in a parking lot. Unfortunately they weren't just laying on the ground. I was in the bank dumping some halves and the guy next to me asked me how long it took me to save that much change. I told him a couple of days and that I looked for old coins and that dimes, halves, and quarters 1964 and older we silver. He said he had some change in his truck. I thought OK everyone has change in the ashtray or cup holder. I took out my pocket pieces and showed him a 1964 quarter and explained that silver coins would have a white edge instead of an orange edge. He said that his change didn't look like that but more like my silver dollars I had in my hand. I figured he must have a couple of Ikes. He mentioned he thought one of the coins from from the 1940's but since he already said they weren't white like the silver quarter I showed him I figured he had a couple of Jefferson nickels too or something. He asked if I wanted to take a look at them so I said sure I'll meet you out in the parking lot when I'm done. I go out there and he hands me a Franklin half. And I can see a V Nickel in his hand. He keeps handing me Franklins and Walkers to look at and pulls out a Morgan. I told him they are all common dates and circulated so were worth pretty much melt which was $X a piece. He asked if I wanted to buy them all. I gave him $75 for the lot. He had kept the coins in a velvet bag in the cargo compartment of the drivers side door and he said that when his friends would ask for some change he would tell them to go into the truck and grab some from the console but they must have been grabbing some from the bag as he had more in there before  |
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Tyrone Jenkins
Is a Permanent Fixture
On the day when the wagon's come I just pray that you let me on
Posts: 12,610
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Post by Tyrone Jenkins on Sept 7, 2015 10:41:04 GMT -8
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Tyrone Jenkins
Is a Permanent Fixture
On the day when the wagon's come I just pray that you let me on
Posts: 12,610
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Post by Tyrone Jenkins on Sept 14, 2015 18:59:44 GMT -8
911research.wtc7.net/wtc/evidence/gold.html Missing Gold Precious Metals in WTC 4 Vault: Only a Fraction Recovered? The basement of 4 World Trade Center housed vaults used to store gold and silver bullion. Published articles about precious metals recovered from the World Trade Center ruins in the aftermath of the attack mention less than $300 million worth of gold. All such reports appear to refer to a removal operation conducted in late October of 2001. On Nov. 1, Mayor Rudolph Giuliani announced that "more than $230 million" worth of gold and silver bars that had been stored in a bomb-proof vault had been recovered. A New York Times article contained: Two Brinks trucks were at ground zero on Wednesday to start hauling away the $200 million in gold and silver that the Bank of Nova Scotia had stored in a vault under the trade center ... A team of 30 firefighters and police officers are helping to move the metals, a task that can be measured practically down to the flake but that has been rounded off at 379,036 ounces of gold and 29,942,619 ounces of silver .. 1 Reports describing the contents of the vaults before the attack suggest that nearly $1 billion in precious metals was stored in the vaults. A figure of $650 million in a National Real Estate Investor article published after the attack is apparently based on pre-attack reports. Unknown to most people at the time, $650 million in gold and silver was being kept in a special vault four floors beneath Four World Trade Center. 2 An article in the TimesOnline gives the following rundown of precious metals that were being stored in the WTC vault belonging to Comex. 3 Comex metals trading - 3,800 gold bars weighing 12 tonnes and worth more than $100 million Comex clients - 800,000 ounces of gold with a value of about $220 million Comex clients - 102 million ounces of silver, worth $430 million Bank of Nova Scotia - $200 million of gold The TimesOnline article is not clear as to whether the $200 million in gold reported by the Bank of Nova Scotia was part of the $220 million in gold held by Comex for clients. If so, the total is $750 million; otherwise $950 million. There appear to be no reports of precious metals discovered between November of 2001 and the completion of excavation several months later. Assuming that the above reports described the value of precious metals in the vaults before the attack, and that the $230 million mentioned by Giuliani represented the approxmiate value of metals recovered, it would seem that at least the better part of a billion dollars worth of precious metals went missing. (It is not plausible, of course, that whatever destroyed the towers vaporized gold and silver, which are dense, inert metals that are extremely unlikely to participate in chemical reactions with other materials.) An article in The Sierra Times suggests that gold was recovered from two trucks in a tunnel under 5 World Trade Center, giving rise to suspicions that the trucks were being used to remove the gold from the vaults before the South Tower fell. 4 However, this report may have been based on an erroneous reading of other reports that describe the removal of crushed vehicles from a tunnel under 5 WTC in order to gain access to the vaults under 4 WTC to remove their contents. 5 Why is there this huge discrepancy between the value of gold and silver reported recovered, and the value reported to have been stored in the vaults? There are a number of possible explanations, from outright theft using the attack as cover, to insurance fraud. Until there is a genuine investigation that probes all the relevant facts and circumstances surrounding the attack, we can only speculate.
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Post by 69ChevelleSS on Sept 15, 2015 5:30:40 GMT -8
911research.wtc7.net/wtc/evidence/gold.html Missing Gold Precious Metals in WTC 4 Vault: Only a Fraction Recovered? The basement of 4 World Trade Center housed vaults used to store gold and silver bullion. Published articles about precious metals recovered from the World Trade Center ruins in the aftermath of the attack mention less than $300 million worth of gold. All such reports appear to refer to a removal operation conducted in late October of 2001. On Nov. 1, Mayor Rudolph Giuliani announced that "more than $230 million" worth of gold and silver bars that had been stored in a bomb-proof vault had been recovered. A New York Times article contained: Two Brinks trucks were at ground zero on Wednesday to start hauling away the $200 million in gold and silver that the Bank of Nova Scotia had stored in a vault under the trade center ... A team of 30 firefighters and police officers are helping to move the metals, a task that can be measured practically down to the flake but that has been rounded off at 379,036 ounces of gold and 29,942,619 ounces of silver .. 1 Reports describing the contents of the vaults before the attack suggest that nearly $1 billion in precious metals was stored in the vaults. A figure of $650 million in a National Real Estate Investor article published after the attack is apparently based on pre-attack reports. Unknown to most people at the time, $650 million in gold and silver was being kept in a special vault four floors beneath Four World Trade Center. 2 An article in the TimesOnline gives the following rundown of precious metals that were being stored in the WTC vault belonging to Comex. 3 Comex metals trading - 3,800 gold bars weighing 12 tonnes and worth more than $100 million Comex clients - 800,000 ounces of gold with a value of about $220 million Comex clients - 102 million ounces of silver, worth $430 million Bank of Nova Scotia - $200 million of gold The TimesOnline article is not clear as to whether the $200 million in gold reported by the Bank of Nova Scotia was part of the $220 million in gold held by Comex for clients. If so, the total is $750 million; otherwise $950 million. There appear to be no reports of precious metals discovered between November of 2001 and the completion of excavation several months later. Assuming that the above reports described the value of precious metals in the vaults before the attack, and that the $230 million mentioned by Giuliani represented the approxmiate value of metals recovered, it would seem that at least the better part of a billion dollars worth of precious metals went missing. (It is not plausible, of course, that whatever destroyed the towers vaporized gold and silver, which are dense, inert metals that are extremely unlikely to participate in chemical reactions with other materials.) An article in The Sierra Times suggests that gold was recovered from two trucks in a tunnel under 5 World Trade Center, giving rise to suspicions that the trucks were being used to remove the gold from the vaults before the South Tower fell. 4 However, this report may have been based on an erroneous reading of other reports that describe the removal of crushed vehicles from a tunnel under 5 WTC in order to gain access to the vaults under 4 WTC to remove their contents. 5 Why is there this huge discrepancy between the value of gold and silver reported recovered, and the value reported to have been stored in the vaults? There are a number of possible explanations, from outright theft using the attack as cover, to insurance fraud. Until there is a genuine investigation that probes all the relevant facts and circumstances surrounding the attack, we can only speculate. C'mon Josh . . . stop going all "conspiracy theorist" on us. I'm sure there is some reasonable explanation here, just like the reasonable explanation that the planes brought the towers down. You keep talking like that and your going to make it onto some 'gubment list!  |
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Tyrone Jenkins
Is a Permanent Fixture
On the day when the wagon's come I just pray that you let me on
Posts: 12,610
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Post by Tyrone Jenkins on Sept 15, 2015 6:03:17 GMT -8
C'mon Josh . . . stop going all "conspiracy theorist" on us. I'm sure there is some reasonable explanation here, just like the reasonable explanation that the planes brought the towers down. You keep talking like that and your going to make it onto some 'gubment list! It has to be true. I saw it in a Die Hard movie once. |
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Tyrone Jenkins
Is a Permanent Fixture
On the day when the wagon's come I just pray that you let me on
Posts: 12,610
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Post by Tyrone Jenkins on Sept 27, 2015 20:46:43 GMT -8
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Tyrone Jenkins
Is a Permanent Fixture
On the day when the wagon's come I just pray that you let me on
Posts: 12,610
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Post by Tyrone Jenkins on Sept 28, 2015 16:00:55 GMT -8
I got this almost a radar note from the bank while dumping halves. Unfortunately all of the bills were mixed and not sequential so I couldn't ask for the next one I did find a silver dime in the reject slot of the coinstar machine at the beer store though :party:  |
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Deleted
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Post by Deleted on Sept 28, 2015 18:52:23 GMT -8
I got this almost a radar note from the bank while dumping halves. Unfortunately all of the bills were mixed and not sequential so I couldn't ask for the next one I did find a silver dime in the reject slot of the coinstar machine at the beer store though :party: Looks cool. What is a 'radar note'? |
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Tyrone Jenkins
Is a Permanent Fixture
On the day when the wagon's come I just pray that you let me on
Posts: 12,610
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Post by Tyrone Jenkins on Sept 28, 2015 19:48:57 GMT -8
I got this almost a radar note from the bank while dumping halves. Unfortunately all of the bills were mixed and not sequential so I couldn't ask for the next one I did find a silver dime in the reject slot of the coinstar machine at the beer store though :party: Looks cool. What is a 'radar note'? Palindrome Same forward and backwards. RADAR, MOM, DAD, BOB, etc. If the last number was a 7 it would read the same left to right and right to left. The fact that it is only 1's and 7's would make it even more valuable. |
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Deleted
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Post by Deleted on Sept 29, 2015 7:17:37 GMT -8
Looks cool. What is a 'radar note'? Palindrome Same forward and backwards. RADAR, MOM, DAD, BOB, etc. If the last number was a 7 it would read the same left to right and right to left. The fact that it is only 1's and 7's would make it even more valuable. Thanks; I hadn't noticed that. Pretty rare I imagine. |
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Post by 69ChevelleSS on Sept 30, 2015 5:36:48 GMT -8
Looks cool. What is a 'radar note'? Palindrome Same forward and backwards. RADAR, MOM, DAD, BOB, etc. If the last number was a 7 it would read the same left to right and right to left. The fact that it is only 1's and 7's would make it even more valuable.Bad news Josh . . . . it's only paper . . . it's not REALLY worth anything! |
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Tyrone Jenkins
Is a Permanent Fixture
On the day when the wagon's come I just pray that you let me on
Posts: 12,610
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Post by Tyrone Jenkins on Oct 19, 2015 9:18:36 GMT -8
Got these in the mail  |
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Deleted
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Post by Deleted on Oct 19, 2015 18:47:12 GMT -8
Got these in the mail Cleopatra is really cool 7dfe79adc2f0 |
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Tyrone Jenkins
Is a Permanent Fixture
On the day when the wagon's come I just pray that you let me on
Posts: 12,610
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Post by Tyrone Jenkins on Oct 19, 2015 19:16:33 GMT -8
Got these in the mail Cleopatra is really cool 7dfe79adc2f0 The Cleopatra has to be the most beautiful and well executed "coins" I have ever seen. I am going to order another one to keep in my pocket harem. Even at $6 per ounce over spot which is over the maximum cap by stacker standards this one is worth it even though there is no mintage limit by the private mints issuing these type of coins. 2 oz high relief the diameter of the normal 1 oz private issue rounds seem to be the new trend. I will try to get some pics of my other 2 oz high relief rounds. You truly have to hold this one in hand to appreciate the attention to detail. The reverse with Isis and the pyramid and the scarab alter with the recessed 2OZ .999 AG (silver) pathway leading up to the alter just finishes off the total design. When my next one comes in I will take some better shots as this one has already sealed away. |
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Tyrone Jenkins
Is a Permanent Fixture
On the day when the wagon's come I just pray that you let me on
Posts: 12,610
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Post by Tyrone Jenkins on Oct 19, 2015 19:30:18 GMT -8
Placeholder for future sober breakdown of the current state of affairs. 5 lbs X 5 watches X $5K paper  |
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Adrian-VTA
Global Moderator
Adelaide, South Australia
Posts: 5,327
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Post by Adrian-VTA on Oct 20, 2015 15:46:33 GMT -8
Those Cleopatra coins are awesome. I can get them here but they're on the higher side of over spot.
I always found it amusing that the government issued coins are claimed to be backed. Backed with what? We are broke and off the gold standard. I guess mortgage "securities" or bonds...yeah right!
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Tyrone Jenkins
Is a Permanent Fixture
On the day when the wagon's come I just pray that you let me on
Posts: 12,610
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Post by Tyrone Jenkins on Oct 20, 2015 16:11:54 GMT -8
I always found it amusing that the government issued coins are claimed to be backed. Backed with what? We are broke and off the gold standard. I guess mortgage "securities" or bonds...yeah right! That was going to be the point of my 5 vs 5 vs 5 pic above. Ask 5 random people which is more valuable: 5 pounds of silver, 5 watches, or $5K in paper. I think most average people could care less about the watches, only those who believe in the impending Apocalypse or downfall of the global economy would say the silver, and the majority would take the cash and go blow it on something stupid like they won the lottery instead of using it to pay down their $30K in credit card debt because they can't live within their means  |
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Adrian-VTA
Global Moderator
Adelaide, South Australia
Posts: 5,327
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Post by Adrian-VTA on Oct 20, 2015 18:08:24 GMT -8
How do you get 30k in CC debt? I panic if I have more than $500 on the credit card. The repayments on 30k of CC debt would kill me. Here the interest rate on credit cards is about 12-15%. I've started slowly stacking silver. It's at a 10 year low and when the economic collapse happens (any year now) I reckon I can sell out at a profit. People need to realise money is only worth what you believe it's worth and a house is a liability, not an asset. I always found it amusing that the government issued coins are claimed to be backed. Backed with what? We are broke and off the gold standard. I guess mortgage "securities" or bonds...yeah right! That was going to be the point of my 5 vs 5 vs 5 pic above. Ask 5 random people which is more valuable: 5 pounds of silver, 5 watches, or $5K in paper. I think most average people could care less about the watches, only those who believe in the impending Apocalypse or downfall of the global economy would say the silver, and the majority would take the cash and go blow it on something stupid like they won the lottery instead of using it to pay down their $30K in credit card debt because they can't live within their means |
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