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
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9 comments:

Bruce S said...

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

May 18, 2015 at 9:02 PM
Margery Billd said...

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

May 18, 2015 at 9:30 PM
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...

May 19, 2015 at 5:12 AM
J said...

The land deal was from Quaker Oats.

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

May 19, 2015 at 9:34 AM
Larry G said...

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

;-)

May 19, 2015 at 9:45 AM
Margery Billd said...

;-)

May 19, 2015 at 2:32 PM
Margery Billd said...

;-)

May 19, 2015 at 2:32 PM
Margery Billd said...

I earned it (2 posts).

May 19, 2015 at 2:33 PM
De La Mancha said...

John -

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

David

May 20, 2015 at 2:42 PM

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