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Jonathan Townsend Eternal Order Ossining, NY 27356 Posts 
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On 2011-04-28 11:22, MaxfieldsMagic wrote: Please, have a good read of our history. And kindly don't skip the last few phases of our history of minting and melting down silver dollars and even forcing folks to sell their silver and gold coins.
...to all the coins I've dropped here
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gaddy Inner circle Agent of Chaos 3554 Posts
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I'm melting down all my Schoolcraft Barbers for scrap!
*due to the editorial policies here, words on this site attributed to me cannot necessarily be held to be my own.*
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J-Mac Inner circle Ridley Park, PA 5338 Posts
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Quote:
On 2011-04-28 22:10, Xcath1 wrote: Silver gaffs will appreciate in value due purely to the price of silver. Not the actual silver content of the gaffs but the prices paid by gaff creators who must buy silver coins at ever increasing costs. They will surely reflect those increases in their gaff prices. So if you get rid of a silver gaff now and then decide to buy one later, you may pay double what your first purchase was; probably even more. I'm already seeing greatly increased prices for gaffs I just purchased last year! Jim |
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TonyRush New user 49 Posts
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Quote: I agree with Alan's post on this: as long as the Federal Reserve are going to keep printing money (over $3 Trillion in new currency in the last four years), then gold and silver are going to continue going up. (Not to mention that there's actually less silver on the planet than gold.) I expect that, in three years, people will WISH they could buy silver for $100/ounce.
On 2011-04-27 18:20, Bryce Spears wrote: As such, silver gaffs will continue to get harder and harder to find. Why? Because the coins themselves are sometimes harder to find. Quick story: I was going to buy silver again from APMEX last Friday and kept refreshing my screen to get the best price. I walked away from the computer, never pulled the trigger and -- when I came back -- they were completely sold out of American Silver Eagles....all dates....all grades. I wound up buying Canadian Maple Leafs which are just as good as far as an investment. The next day, I realized that APMEX had Eagles back in stock so I called to change my order. The guy said, "Well, we can't really change your order....we can only cancel it and start a new one. But you've actually made money on your Maple Leafs since yesterday." So, I kept the order. So, there's still a lot of silver out there but it's being scrambled for. The Royal Canadian Mint reported last month that they were having trouble finding enough silver to mint coins. Anyway, the point is this: silver is now in the spotlight as one of the best investments in the world. People are grabbing them up for investing...for hedging against inflation....for asset protection....for passing down to their children.... .....when you consider how small the market is for gaffed coins, there's going to be much lower demand for buying gaffed coin sets when they cost $1,000+. 
If you've got 'em....keep 'em. Tony |
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Jonathan Townsend Eternal Order Ossining, NY 27356 Posts
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Quote:
On 2011-04-26 00:44, Sammy J. wrote: Have a look in the Downs book. This old idea is, IMHO a more sensible/extensible gaff approach than simply making things which are handled as "precious" and yet offer little more than "oh look a coin the same size and shape now appears different - what a huge change I'm so impressed - and now there are more of them - can I see them - no? figured" anyway.
...to all the coins I've dropped here
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Wes65 Inner circle I've said very little in 1219 Posts
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Quote:
On 2011-04-29 13:51, gaddy wrote: Not a Schoolcraft fan......Lassen must be your man.
Wes
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Jonathan Townsend Eternal Order Ossining, NY 27356 Posts
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Quote:
On 2011-04-30 13:07, Wes65 wrote: Please, please don't get all personal about this stuff. It does not help us today and both of them may evolve their attitudes over time.
...to all the coins I've dropped here
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Wes65 Inner circle I've said very little in 1219 Posts
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Quote:
On 2011-04-30 13:32, Jonathan Townsend wrote: Actually this was my poor attempt at humor.
Wes
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Jonathan Townsend Eternal Order Ossining, NY 27356 Posts
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Wes, folks, if you read the FAQ here and at most online fora you'll find a clear mention that humor is very difficult to get into text.
Never mind that most of us aren't funny. 
So, any thoughts on who to ask for a good foil press to make stacks and singles for those wild and crazy tricks?
...to all the coins I've dropped here
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Sammy J. Inner circle Castle Rock, Colorado 1786 Posts
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Quote:
On 2011-04-28 22:10, Xcath1 wrote: Absolutely. I have seen the stored up shavings. The thing that is tough now is finding good coins to make those sets. Sammy
Sammy J. Teague
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David Neighbors V.I.P. 4915 Posts
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Yea I saw Lassen's pile of them last time I was up!
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taklyt New user Paris, France 42 Posts
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I started magic a few days ago and remember contacting Xavier Blemont to ask for the price of his silver gaffs. I foung them too expensive for an immediate puchase and waited to be sure I was going to continue coin magic. I finally bought his set this year twice the price he proposed then, and I do not regret it AT ALL. I'm still too inexperienced to use all of this gaffs efficiently but will keep them like a treasure...
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taklyt New user Paris, France 42 Posts
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Xavier Belmont, sorry for the misspelling.
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taklyt New user Paris, France 42 Posts
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Ho, and I wrote "a few days ago", but it was a few YEARS ago... so so sorry! What was I thinking when I typed this?
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David Neighbors V.I.P. 4915 Posts
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YEA Time flys fast!!! I am allways doing that!
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TonyRush New user 49 Posts
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By the way, gold and silver are both down today, supposedly in response to bin Laden's death.
At any rate, if you're looking for a good price on smooth-looking Morgan Dollars, check out APMEX.com. Here's a direct link: http://www.apmex.com/Product/55070/1878_......ood.aspx Tony |
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obsidian52 Elite user United States 402 Posts
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So, I guess the 64,000 dollar question or statement actually, is I cannot expect anyone to make a morgan dollar shell with one of those "metal" asian coins?
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MaxfieldsMagic Inner circle Instead of practicing, I made 3009 Posts
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Quote:
On 2011-04-28 23:17, Jonathan Townsend wrote: Regardless, these coins are now part of our history. I even have a problem on some level with chopping them up to make gaffs, although I'm guilty of supporting that particular industry. But really, I don't see a big difference between melting a Morgan dollar for its silver and melting Civil War belt buckles for the metal, or dismantling historic buildings to reuse the stone.
Now appearing nightly in my basement.
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Jonathan Townsend Eternal Order Ossining, NY 27356 Posts
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There's plenty of things in our history that we've left behind.
And some that perhaps we would do well to leave behind. If old coins work for your performing character - great. And if you can use foil to make what you need - that might be an option.
...to all the coins I've dropped here
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BanzaiMagic Inner circle 1339 Posts
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Some relief may be in sight for our gaff makers (and us):
http://online.wsj.com/article/SB20001424......280.html Apparently, one major buyer of gold and silver (George Sorros) has begun to sell. Regards, Alan |
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Posted: Apr 29, 2011 03:17 am 
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