Monday, May 18, 2015

sterling futures

Back in 2013 when I started the minting project, silver was about $22/oz.  So far this year the low was $15.39/oz.  The price has been creeping up the last 2 weeks ($17.69 today) so I just ordered 25 troy oz of sterling silver casting grain from my favorite jewelers supply.  Decided to add some more to the stockpile since I will also be minting a limited number of the 2013 Benita coin in case anyone still wants one.  Once the price of silver hits $19, it will be cheaper (but not easier) to find flatware deals on Ebay.  The nice thing about casting grain is that it can go straight into the mold eliminating the steps of chopping and nugget making.  81,91,63,0,B

9 comments:

Bruce S said...

John, Keep up the good work. I look forward to your new coins.

Margery Bills said...

I wonder how your healing leg is coming. When do you go back to the doctor?

Larry G said...

ditto on the leg. how about a status?

also...

I dunno how many remember...

but many years ago there was a deal where in each box of some brand of cereal there was a land-title to one-square inch of land somewhere out west.

anyone remember more?

so a real deal would be a TFL coin and a square inch of TFL!

;-)

sorta like shareholders...

J said...

The land deal was from Quaker Oats.

http://en.wikipedia.org/wiki/Klondike_Big_Inch_Land_Promotion

Larry G said...

thanks. I think that might be more lucrative than coins for TFL.

;-)

Margery Bills said...

;-)

Margery Bills said...

;-)

Margery Bills said...

I earned it (2 posts).

De La Mancha said...

John -

Are all the sterling futures sold already or can I secure one. I love my Benita ingot!

David