Why is poured silver more than non-poured at many places? Is it a gimmick or is there something more to the process?
Nathaniel Robinson
Fun fact: Benjamin Franklin wrote a pamphlet encouraging the colonial population to support a paper money issuance. It worked and the colonial governments gave him the contract to print the notes!
Brandon Lee
Guy's, l think l bought a fake morgan dollar today for $25. I tried the ping test and compared it to my peace dollar l have and it has a higher pitch to it. Should l be worried?
I am not saying one way or the other but it seems to me like some of my constitutional of the same purity and denominations have different sounding pings but they still ring. Could be different alloys mixed with the silver? Maybe a difference in the reeds? I am not sure but just by sight they both look like silver. Should of seen the cast reichsmark some user posted a few days ago on here
Sebastian Martin
That is because there was not centeral bank. It was only the goverment who printed it. Look at this user. youtu.be/UW2mVTlm7vw.youtu.be/OYnJCZudWS0. It cost more since it is hand poured, and usually made in smaller batches. It is like if you had a friend who makes their own silver bars with special logo for them. Of course it will be more expensive than those who pumps out thousands of bar a day. That is why it is held by people who are into designs.
Gabriel James
On a second look the U in trust looks like a V TRVST, but I am not very familiar with those coins at all
Cooper Jackson
I would think that places like Scottsdale Mint would have a way to assembly line pour their silver, no?
David Sanchez
They do, but designs cost extra. Especially if it is beyond 1oz for a round. Look at the price of generic 2oz rounds in SD or MM. Those are more than double spot since it has extra design compared to generic 1oz. Scottsdale makes some lit silver, but the odd shape needed to get the lion coin mold is paid off by extra cost in premium. This allows Scottsdale to have a rotation of coins each year that are special for 1oz silver and gold. Tldr, it is mold cost, and ensuring the system works for a month or so in advance that keeps scottsdale silver cost up more due to the unusual oz size.
Jackson Thompson
Well that cleanup was a bit underwhelming... just two grams in the sluice. I think there are a few bigger bits of gold still stuck in the sluice though inbetween planks that I ll have a look for later.
>On a second look the U in trust looks like a V TRVST It's definitely fake. I'll take it off your hands for five bucks just because I'm such a nice guy.
Justin Green
Here's a morgan dollar i own, maybe you can use it for comparison
That's cool, never knew gold flowed through water like that
Zachary White
There are designs on all their stuff. What confuses me is why one of their very nice 5oz rounds costs less than one of their 5oz poured rounds or even cast bars. I assume both involve molds and assembly lines to produce.
Everyone chats about trading silver for gold when the ratio is suitable. 1. what ratio are you waiting for? and 2. how do you even go about this without losing out on getting shit prices for buying and shit prices for buying I can imagine any shop just straight up swapping 30 oz of silver for its spot value equivalent in gold.
It might be because of the unusual shape of the metal which means they have to make it every time verses having one set mold to put it into and pump through those. SD has aztec that is higher fidelity and mass printed compared to the button yet the button is more unique than that. (aka the button is for collectors to get compared to stackers). sdbullion.com/5-oz-aztec-calendar-silver-round
Adam James
for me I just use the ratio to figure out what I'm accumulating in that moment
Asher Martinez
remember when elder scrolls oblivion released a cool bronze or copper coin? here it is
it carries a higher premium for aesthetic reasons. its also not made in bulk quantities like other rounds/bars
Camden Wilson
It doesn't flow through the water, dirt is shoveled into the opening of the sluice and the water washes out the lighter materials. The gold sinks to the bottom because it's heavier.
I've used pingcoin before but haven't gotten a complete sound to confirm for all my bullion out of cases including stuff I've bought directly from the mint sealed. So maybe I'm not good with sounds and my technique is wrong (balance on one finger and tap with another of the same coin) or it's all fake kek. Maybe take it to a coin shop and see what they say. You can know for sure the price and realness if someone familiar wants to buy it from you
Austin Powell
Smg is talking about news on the pebble project. Worth going for NAK again if the price isnt moving ?
