Autumn

Autumn

Wednesday, April 17, 2013

Bits & Pieces

Allow me, please, a moment to again shake the dog bone. Only because I've had several emails from good friends and followers with questions about the purchase of silver.

I mentioned to one good friend that perhaps they should also include fractional shares of silver bars among their stash of one ounce coins and rounds. If you have a nice little pouch of fractional silver pieces such as - tenths, thirds, quarters, half and other odd gram weights, it is possible the odd eight point eighth piece of silver might turn the table in your favor at the local market.

As an example below we have a one third troy ounce silver bar. The reverse has a skull and cross bones. As always please excuse my very poor photography. 



Above, I've given you a hint as to where you might purchase such tiny pieces of silver. My knife is placed as scale. This piece arrived in the morning mail. The cute little booger actually weighs a fraction over its stamped weight and indeed tested pure. I only test my first purchase when dealing with a new business. The test acid will leave a flaw in the piece.

I also strongly suggest, if you make a habit of precious metals investments, and take physical possession of the metals, the purchase of scales. Since I'm very old fashioned I still use balance scales. Mine are old...I guess those new fangled digital things would suffice.

I know it's darn hard to tell from this picture but my one third piece actually weighed a bit heavy...I liked the little mint erred to my credit.

Sorry about the blurred picture.

Above, ten grams of silver. Hint to Atlantis Mint. Please be careful and make sure its stamped .999, not .925 which is sterling. If it is indeed sterling, make sure the price is adjusted lower.

I keep my little scale in my satchel. It also comes in handy for jewelry.


Above, folded.

As you can see its not much bigger than my knife.

I enjoy the trade of silver for goods and services. Just yesterday I sold a low grade revolver for several ounces of silver. The gentleman paid with American Silver Eagles. He walked out with a smile and I loved that soft tink when the pieces were dropped into my leather pouch. 

I should make a point about price. I try and keep my purchases within just a few dollars of spot. Many though, collect these tiny pieces as art, and think nothing about paying far more than the current market price. You decide.

*****

The shop was busy yesterday. I was distracted and just this side of aggravated when my cell phone beeped. An email. I grabbed the sucker and quickly glanced at the email.

Here is what I found.....

**

I really hope you get this fast. I could not inform anyone about our trip, because it was impromptu. we had to be in Philippines for Tour..  The program was successful, but our journey has turned sour. we misplaced our wallet and cell phone on our way back to the hotel we lodge in after we went for sight seeing. The wallet contained all the valuables we had. Now, our passport is in custody of the hotel management pending when we make payment.

I am sorry if i am inconveniencing you, but i have only very few people to run to now. i will be indeed very grateful if i can get a short term loan   from you(2,550). this will enable me sort our hotel bills and get my sorry self back home. I will really appreciate whatever you can afford in assisting me with. I promise to refund it in full as soon as soon as I return. let me know if you can be of any assistance. Please, let me know soonest. Thanks so much.
 
**
 
This email was supposedly sent by my cousin. Let's call her, Glynda. The two of us, as they say, grew up together. There isn't a gnats difference in our age. She's about a month younger or older, I forget, the point is we were very close. I loved and still love her very much indeed.
 
Since I was so very busy, like I've said, I didn't read the text very carefully. I thought, damn, she's in trouble. Anyway, I went about my business as sad thoughts floated about my mind. 
 
I know Manilla, lived there for six months. Its full of thieves and pick pockets, easy to believe she was in serious trouble. But, something bothered me about the letter. I again removed my phone and this time read it carefully. Scam. Just to make sure I sent her a quick text and asked if she and her husband were home. She phoned back within seconds.

Seems her computer was hacked. The hackers had cleaned out her contact list. She'd received hundreds of phone calls. Then she said, "Don't respond."

Too late.

I'd sent a reply that said, "Contact the U.S. Embassy." Me, felt like an idiot. Changed my email password.

Oh well.

*****

Time for coffee, later.

Stephen
 










12 comments:

  1. Had one of those e-mails from an old friend about two years ago. Almost the exact wording.
    I called her right away and told her what was going on. She had to phone all her contacts and notify everyone to change their passwords. It's a pain in the arse when that happens.
    I have always love silver, more than gold. Would love to have those little bits! Ah, well, maybe some day....

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    1. Save your egg money, dear one...and thanks.

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  2. Yeaaaaahhhh, that one is on the "list".

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    1. I must have missed the notice. Thanks, my friend.

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  3. My email was hacked and sent emails similar to "your cousins". Several friends called and one said they were ready to sell some livestock to help me out! Once they thought about it, they knew I would not be on vacation out of the country because of the Marine.

    Good advise on the silver. I bought a little digital scale not much bigger than a cell phone with the intentions of using it at the flea market should I get to go again. They are on eBay for a little less than 10 bucks and free shipping. I like your old set....that's classy!

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    1. Thanks, Mamma Bear. I like my old scales too...then again, I like old everything.

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  4. Good advice from you on the silver, and about the hacked e-mail spam.

    By the way, my truck's kaput. Please send 15,000USD by any convenient method soonest. Call 44-100032-2319343 and ask for Sheila.

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    Replies
    1. Rush outside and stand guard at the mailbox, Rev., the funds have been forwarded.

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  5. I checked on silverxgold's eBay and found a one ounce like yours for 2x+ the spot price of silver. Am I missing something?

    I like your blog and came over from Brigid's.

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    Replies
    1. Welcome, Woody, and thank you very much indeed for the nice compliment. Now, as to the silver bars. As I mentioned in my text of the post many people 'collect' these little bars based on the amount of silver..say for instance a person finds one for 1.3 grams and he doesn't own the same, he'd be willing to pay three times the spot value for the piece. I don't. When you arrive at the page, click on the 'just listed' button and place your bid, the max you are willing to pay on several. Wait, most of your bids will fail, but have patience, sooner or later you'll get one. Thanks. And hey, hit the follow button...I've been stuck at the same number far too long.

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    2. Thanks for the clarification. I reckon I missed that explanation the first go-round.

      I followed.

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