Locator: 49195COINS.
Updates
Later, 1:17 p.m. CT: I did not listen to JPow's comments and haven't watched CNBC since earlier this morning, but I saw the headlines at the CNBC site with regard to JPow's comments. The headlines suggested several things to me:
- one: the Fed follows the stock market more than they let on;
- two: JPow was getting into areas with regard to the market that might be considered outside his lane of concern (reminiscent, Alan Greenspan, 1996);
- three: the economy is doing worse than he lets on and raises the question:
- four: was the Fed behind / late when they finally cut that quarter point; and,
- five: was the delay entirely political.
Original Post
I've read somewhere that silver is actually doing "better" than gold.
I have not checked. I don't know. I don't care.
I collect silver coins, not for their investment value. I learned late in life that silver coins are an incredibly bad way to invest in "pure" silver.
But over the decades, I've built up a pretty nice silver coin collection that will be handed down to the grandchildren. I don't know what the coins will be good for except to, maybe, encourage the grandchildren to learn about Alexander Hamilton. LOL.
One of the four founding fathers.
Soldier, statesman, diplomat, and financier.
Tinker, tailor ...
Dow Jones Industrial hits a new record high.
Oh, back to silver. I lost my train of thought. The US mint has added a "Privy Mark" to the US Silver Eagle. Purely a gimmick. Purely for collectors. Purely for suckers. Last week, I ordered a small number of the 2025 silver eagles with the Privy Mark. LOL.
Any number of links, this one from bullionexchanges:
A "privy mark" refers to a small symbol or mark on a coin that is typically used to denote a specific mint, mintmaster, or a special occasion. Privy marks are often added to commemorate historical events, anniversaries, or to indicate a special edition of a coin.
When choosing between the same coin, one with a privy and one without, here the things to consider:
- Privy coins are usually in limited mintage. which make them more rare.
- The privy design usually commemorates an event or concept, and has a theme.
- To some, there is an added aesthetic value in a privy.
- Coins with privy may be a part of a larger collection.
- For collectors, privy coins create a diverse collection.
In summary, a "privy mark" is a small symbol or mark on a coin that serves various purposes, including denoting a specific mint or commemorating historical events. When deciding between a coin with a privy mark and one without, consider factors like limited mintage, the significance of the privy design, and the potential aesthetic value. Privy coins can also be part of larger collections, adding diversity for collectors.
