why is silver up?

-

2-19-21 news

The main reason is what happened with the reddit short squeeze also covid19.We know have high silver premiums especially on American silver eagles! At levels unseen since the great recession. Copper closed at 4.00 a lb. Highest levels since 2012.

I plan on updating and creating new post soon for all the silver collectable coins since they hiked up

Happy stacking :)

Comments

Post a Comment

Popular posts from this blog

investing in Numismatic coins!

-
Image
  The rarer the coin is the better. For example you wouldn't invest money on a 1956-d wheat cent in EF condition. With a mintage of  1,098,201,100   One can see why this would not be a wise investment!   A good coin to invest in in my option is A 1909-s vdb wheat cent because it has a mintage of around  484,000 and in EF condition the coin is worth 1,000 dollars but in 1968 the coin was only worth 165 dollars with inflation adjusted that is between 500-600 dollars. So you purchased the coin back in 1968 you would  make money!
Read more

Good book for coins

-
  I personally use whit mans red book. It is used has a price guide and tells you about coin mintages etc. The book is pretty cheap compared to most coin books but worth its weight in gold!
Read more

History of the us mint

-
  The history of the United States Mint is rich and diverse, spanning over two centuries. Here's a concise overview: Establishment : The U.S. Mint was established on April 2, 1792, through the Coinage Act of 1792, signed into law by President George Washington. Its primary purpose was to standardize and regulate the nation's coinage. First Mint : The first U.S. Mint building was constructed in Philadelphia, then the nation's capital, in 1792. It began operations in 1793 and produced copper, silver, and gold coins. Expansion : Over time, the Mint expanded its operations, opening branches in other cities to meet the growing demand for coinage. The first branch mint was established in 1835 in Charlotte, North Carolina, followed by others in New Orleans, Louisiana; Dahlonega, Georgia; and San Francisco, California. Coinage Changes : Throughout its history, the Mint has produced numerous iconic coins, including the Flowing Hair Dollar, the Liberty Head Nickel, the Indian Head Pe
Read more