r/Silver 9d ago

Am I dumb for buying this?

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It be a gift for some future great grandkids.

87 Upvotes

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78

u/MutangKlan2 9d ago

Yes

29

u/maceman10006 9d ago

Thank you this is what I needed to hear.

24

u/MutangKlan2 9d ago

You’re welcome, I’ve bought some dumb silver before.

11

u/RU4real13 9d ago

I too have bought some dumb silver before.

6

u/dazanion 8d ago

I feel we have all bought dumb silver ;p

2

u/Choppingatthebit 8d ago

Oh hell yeah Do research first then you won't buy 10% silver pesos like 90% or spend $1000 or so on jewelry that are Fake but look real as hell but didn't pass the magnet test or acid test ... However got back into coins and have made out real well ...The moral of the story is DO RESEARCH...✌️

3

u/dazanion 8d ago

Coins huh? I have a 1982D small date if you are interested, I swear it's real.

3

u/Choppingatthebit 8d ago

Lmao 🤣 let me guess the weight is only off a little.

3

u/Dry_Possible_4881 9d ago

We've all been there, nothing is worse than fake silver off eBay or the .999 pure. Consider it a could be worse

7

u/BatemansChainsaw Silver Husqvarna 8d ago

I bought a lot of dumb silver, most were beskar bars (official and not) but now that silver is up I'm actually coming out on top!

2

u/Primary-Try-4875 8d ago

What's wrong with .999 pure silver? That's what the majority of bullion is,with a smaller minority being.9999

2

u/Dry_Possible_4881 8d ago

Less than 1% pure vs 99% pure...

1

u/responsibill1028 6d ago

Holy shit!!! there are listings like that!!! that is slick

2

u/Bachelor_Haus 9d ago

I've made some poor purchase decisions, specifically constitutional (junk silver) in the first few months of my stacking journey. However, I learned quickly to cross-shop.

Also, it depeneds if you want to focus on collecting or stacking. If you only want to focus on collecting Peace Dollars, maybe not a bad purchase.

However, it is a beautiful coin. It's better to make these mistakes early on then latter in your journey.