Friday, June 24, 2011

How to Purchase Silver For 92 cents/ Oz.

Who Knew This Was the Cheapest
Place to Buy Silver?
Doc's wife took off this morning with his 3 month old headed to the community garage sale with intentions of spending Doc's hard earned money on worthless trinkets and baby toys.

Imagine his surprise (and delight) when his wife returned with 3.5 ounces of solid sterling silver acquired for a mere $3!

And all this time I thought my wife wasn't listening when I was 'educating' her on silver!

Tipping the scale at slightly over 3.5 ounces, these 3 sterling silver spoons (sterling silver is 92.5% silver) contain roughly 3.25 ounces of silver.


At $35.31/oz, that's $115 worth of silver for $3.  Or put another way, 92 cents/oz silver.
This beats my original silver investment ~ $4.80 in 2001!

You would be surprised at the antique silver that can be found at garage sales, estate sales, etc, AND how few people know that grandma's old silverware is extremely valuable.  The trick is to look for it.  Today's average sheeple wants to get rid of those dirty old heirlooms as fast as possible.  Seriously, a dollar?  You can't buy a bag of plastic spoons for a dollar!
Keep your eyes open, you never know when a 92 cents/ounce silver steal is waiting around the corner!
Next time your wife wants to go to the neighborhood garage sale, you might just want to tag along!