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Thread: Top Ten Forms of Silver and Gold Sold

  1. #1
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    Default Top Ten Forms of Silver and Gold Sold

    Top Ten Forms of Silver and Gold Sold
    (For a year and a half at JH MINT)

    Silver Stock Report
    by Jason Hommel, August 21, 2012


    The following are the top ten forms of gold and silver sold through the JH MINT.


    Here's what customers like about each.


    Number 10. Silver 90% Half Dollars. Those are 2% of Sales


    They are cheap and close to the spot price. Some people think it might be more useful for bartering with in the future.


    Number 9. Gold African Krugerrands - 1 ounce. Those are 3% of Sales


    Gold Krugerrands are durable, since they are 22 karat gold mixed with copper for hardness that helps the coins resist scratching. They are cheap "international" coins.


    Number 8. Silver 90% Quarters. Those are 3% of Sales


    Number 7. Gold Canadian Maple - 1 ounce. Those are 4% of Sales


    Gold Canadian Maples are pure 24 karat gold which is more yellow compared to 22 karat, which has an orange tint from the copper. They are cheap "international" coins.


    Number 6. Gold Bars - 1 ounce. Those are 7% of Sales


    Gold bars are the cheapest form of gold that is still a full 1 troy oz. in weight.


    Number 5. Gold American Eagles - 1 ounce. Those are 7% of Sales


    Gold American Eagles are the most popular form of gold we sell. People like them because they are beautiful, "made in the USA", and popular. People want to own gold that will be recognizable when they go to sell it. American Eagles are also 22 karat gold, mixed with copper, for added durability that helps the coins resist scratching.


    Number 4. Silver Bars - 100 ounce. Those are 8% of Sales


    Silver bars, 100 oz. in size, are are easily stackable and take up less space in a vault than coins. They are also easier to count, and cheap. These are popular with wealthier investors who buy many of them at once.


    Number 3. Silver Bars - 10 ounce. Those are 13% of Sales


    Silver bars, 10 oz. in size, are considered "cute" and "more useful" and more easily traded and thus, more barterable. People often buy up to $10,000 of these bars.


    Number 2. Silver American Eagles - 1 ounce. Those are 20% of Sales


    Silver American Eagles are recognizable, beautiful, and "made in the USA".


    Number 1. Silver Generic Rounds - 1 ounce. Those are 24% of Sales


    Generic Rounds are the most popular product we sell because they are thought to be the most useful form of silver and gold bullion available.


    They have usefulness first as a form of savings, since this is silver, which most buyers believe will outperform gold in terms of going up more in value in the future.


    They are also cheap, with a low cost over the spot price. They are also fungible and most divisible, since they are in the smallest form of silver available in bulk at a cheap price.


    They are also easily countable, as they are made to the 1 troy ounce by weight, and thus, it's easy to calculate what you have.


    Occasionally people shy away from rounds, as they think a dealer might not recognize them. But of course we recognize our most popular product! Generic 1 troy ounce silver rounds are also the most popular product that we buy from the general public.


    See prices at www.jhmint.com, and call to order at (530) 273 8175.


    See more data on bullion products bought and sold: http://jhmint.com/reports.html




    =====




    I strongly advise you to take possession of real gold and silver, at anywhere near today's prices, while you still can. The fundamentals indicate rising prices for decades to come, and a major price spike can happen at any time.


    JH MINT & Coin Shop
    13241 Grass Valley Ave
    Grass Valley, CA 95945
    (530) 273-8175
    www.jhmint.com


    Minimum telephone order $5000 for free shipping, USA shipping only.
    Open 10AM to 5PM Pacific Time, Monday to Friday, closed weekends and bank holidays. (Also Closed from Dec. 25th to Jan 1st)
    Kerri handles internet phone orders:
    kerri@jhmint.com
    (530) 273-8822


    NEW Location in Auburn, CA!
    JH MINT Silver & Gold
    1760 Highway 49 A140
    Auburn, CA 95603
    (530) 889-1086
    www.jhmint.com


    You can also buy silver from my mom at www.momssilvershop.com
    Mom will ship overseas, even large orders up to $300,000 or larger, and also in lots of more or less than 100 ounces.
    3510 Auburn Blvd #12
    Sacramento, CA 95821

  2. #2
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    Default

    I bought silver American Eagles. You pay a small premium over what you pay for generic rounds, but you generally get it back when you sell. They are made in America and recognized by everyone, not just dealers. The only trouble with silver is its size and weight. I had to hire a backhoe to bury them in the backyard. Then I had to whack the backhoe operator because he was the only one who knew what was buried and where. My neighbors thought I was having "dry basement procedures" done to my home, with underground drainage and so forth.

    The price I got was comparable to JH Mint, whom I talked with on the phone. I liked them and would have done business with them except I opted for a dealer near my home. Something you should be aware of is the fact that in some states, like Virginia, you must pay sales tax on purchases of coins and bullion. That is a huge consideration.

    PS-- Just to let you know I am not the heartless individual you might think, the backhoe operator carried a heavy insurance policy on himself, and his wife and children have been well remunerated for their loss.
    Last edited by aslan; August 23rd, 2012 at 12:57 PM.
    Aslan 11/1/90 - 6/15/10 Stormy 1/22/95 -8/23/10
    “There are not one hundred people in the United States who hate The Catholic Church,
    but there are millions who hate what they wrongly perceive the Catholic Church to be.”
    Bishop Fulton J. Sheen

    “It takes a very long time to become young.” Pablo Picasso

  3. #3
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    Quote Originally Posted by aslan View Post
    Then I had to whack the backhoe operator because he was the only one who knew what was buried and where.
    Conveniently the hole was already dug.

  4. #4
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    Quote Originally Posted by DDutton View Post
    Conveniently the hole was already dug.
    You don't think I'd fill in the hole by hand, do you? No, he finished the job. Meanwhile I gave him a referral to a friend of mine for another job. Little did he know my friend was a professional, if you know what I mean. My friend gave me a cut rate price. "Nothing like working at home!" he said.
    Aslan 11/1/90 - 6/15/10 Stormy 1/22/95 -8/23/10
    “There are not one hundred people in the United States who hate The Catholic Church,
    but there are millions who hate what they wrongly perceive the Catholic Church to be.”
    Bishop Fulton J. Sheen

    “It takes a very long time to become young.” Pablo Picasso

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