Thread: TSP Talk Silver Coins / "Rounds"

Boom! Silver down big today - under $16. I think I will place the order if they're around.

Originally Posted by bmneveu

How long will the process take of getting the silver to tom / us? I am pretty excited to get my coins

They said expect 8-10 weeks after the order is placed, but from what I read, they have a reputation of being slow.

Originally Posted by tsptalk

Boom! Silver down big today - under $16. I think I will place the order if they're around.



They said expect 8-10 weeks after the order is placed, but from what I read, they have a reputation of being slow.

Yay, Tom! Put me down for 10 at this point.

Tom how will pricing work for you selling to us? Will you sell at the market price that you got it for, or the market price that day?

To be honest, I'm not up on the whole silver coins experience and that's why I have been following burrocrat's lead. Maybe once I own it, the whole process will sink in. For now, I'm going to go with what Burro said last week. See #2 below...

One thing I will do, bmneveu... anyone who has already reserved an order on this thread will get my spot + $4. No more.

I was told I locked in at $15.92 this morning, but I haven't gotten it in writing yet.

Originally Posted by burrocrat

ok silver bugs, this deal is a go. the silver train will be leaving the station. all aboard!

tom has reviewed several designs and the final version has been selected. you can see it here when confirmation from the mint and a finish graphic is confirmed.

this is significant because tsptalk is going to pay the cost to manufacture the dies. that is not small potatoes, roughly 10% of the entire order on a batch of 500, 1 large, and an immediate discount of about $2.00 per coin to the retail purchaser if we had to bear that expense communally.

more details will be coming on pricing (it's more than fair and transparent), and shipping/handling/insurance (fair again).

for now it is important to note 2 things:

1) "tubes" or "sleeves" of custom mint silver come in units of 20 coins, so some folks might want to adjust their pledge quantity up to increments of 20 not 25 if full tubes and only full tubes is a concern. odd lot orders not in increments of 20 are also still available at the same price per coin, one size fits all.

2) tsptalk silver will never be cheaper than the original spot + strike + delivery costs. there is no incentive to wait. i'll explain that later too.

get 'em while it's hot. pledge up if you want some.

By the way, I was going to jump on the silver price as soon as it went below $16, which I did this morning, but the breakdown in the chart this morning makes it look like it could go lower - unless this is one of those holiday moves...

Originally Posted by bmneveu

Tom how will pricing work for you selling to us? Will you sell at the market price that you got it for, or the market price that day?

Bmneveu,

Tom will buy the silver at spot price. Since he is one of the Kleptocratic Capitalistic Criminals on this site - like me - he is going to take advantage of everyone and apparently buy silver now/soon to grab all he can while the poor silver owning folks are selling at panic prices. See above post. After that there is about a $4 fee for handling and shipping.

If the price of silver crashes because the Hunt Brothers sell their ill-gotten hoard you still have to pay the spot price he paid plus the shipping. That is another reason the Capitalist Oppressor is looking at today's spot price for a steal.

Anyway, I welcome the oppression of the small silver holders and welcome Tom's grasping of the 'opportunity'. If he buys well we save some of our personal ill-gotten hoard acquiring the fruits of the Hunt Brothers Labor. If he buys poorly than some poor member of the Hunt family will be able to eat that evening and I will own some very nice baubles. But, I just realized I will own some very nice baubles anyway so me like em cheap!!! In the end, the price as documented by the Donkey is spot plus $4.

Originally Posted by bmneveu

Tom how will pricing work for you selling to us? Will you sell at the market price that you got it for, or the market price that day?

Adding...

One thing I will do, bmneveu... anyone who has already reserved an order on this thread will get my spot + $4. No more.

I was told I locked in at $15.92 this morning, but I haven't gotten it in writing yet.

that is a good price! sub-$16 silver and $4 ship/handle/insurance premium for custom tsptalk silver coins, woohoooo!

tom did they ever get you a finish design graphic after the last modifications? i want to see it and dream about my stacks of silver!

if time frames go sort of as planned, it could be ready to go by mid-febraury, if a get a tax refund uncle sam will be paying for some of my shiny coins.

Originally Posted by tsptalk

Adding...

One thing I will do, bmneveu... anyone who has already reserved an order on this thread will get my spot + $4. No more.

I was told I locked in at $15.92 this morning, but I haven't gotten it in writing yet.

Okay, so $19.92 for those that have reserved their share already. So I owe ya $200 roughly. I might jump in for more after I receive the coins and touch and feel them. Something about that will probably convince me to buy more.

Originally Posted by burrocrat

if a get a tax refund uncle sam will be paying for some of my shiny coins.

ohh la la, good point!

Originally Posted by burrocrat

tom did they ever get you a finish design graphic after the last modifications? i want to see it and dream about my stacks of silver!

Not yet, but they know I am waiting.

Originally Posted by bmneveu

Okay, so $19.92 for those that have reserved their share already. So I owe ya $200 roughly. I might jump in for more after I receive the coins and touch and feel them. Something about that will probably convince me to buy more.

Plus the additional overcharge fee.