Three silver visitors arrived yesterday.....

[KingTotsalot]

Two Walkers and 1 George V Australian Florin. This prompted KT to investigate their present silver value, since with postage, His Majesty paid ~$30 for them. Well KT got a shock! Not only are the Walkers now valued at $12. 34 each, but the 1942 Florin is sterling in composition (92.5% Ag), its silver value is $10.55 US, making their total value as $35.23! KT graciously brought them into the Royal Castle and visited with them. It was especially enjoyable to visit with other Royalty for a change! On the Florin you will note from the picture the Royal Seal but also a Kangaroo and an Emu on each side of the Shield! Since WWII these individuals have been traveling a very circuitous route to wind up in the Royal Kingdom! But they are all very welcome, and Old George is likely now romantically involved with one or both of these sisters. KT understands that at 89 and 82 for the Ladies and 82 for George, he would be kept pretty busy just keeping them both company! HA HA

Anyway after KT described how they could reside in the Royal Palace, all three are anxious to take up residence, in fact in the same room! So tonight there will be a Royal Banquet in their honor. His Majesty sent them off to the Royal Photographer for a group picture!

Enjoy the picture!

 

[maxxkatt]

I like your idea of buying silver on a regular basis. I think I will start cashing in my clad and buying a silver coin or two every month or so. Way back when silver was at its high something like $51 per oz I went to my coin dealer and bought $3,000 worth of silver GW quarters. Then a month later they killed Osama Bin Laden and the price of silver dropped in half. UGH!!! I later sold a not so nice loss. I knew that gold and silver prices increased on bad news, but didn't figure out that it also fell on good news. There are times when I think I have to learn everything the hard way.

 

[GroundSweeper]

So is that Florin, which looks to be slightly smaller in size, going to throw a monkey wrench in ye royal stacks?

Nice coins KT, I like your style.

 

[hoser]

Very well done my liege. Bringing some foreign influence into the realm shall bring harmony. I bid thou congrats.

 

[KingTotsalot]

I like your idea of buying silver on a regular basis. I think I will start cashing in my clad and buying a silver coin or two every month or so. Way back when silver was at its high something like $51 per oz I went to my coin dealer and bought $3,000 worth of silver GW quarters. Then a month later they killed Osama Bin Laden and the price of silver dropped in half. UGH!!! I later sold a not so nice loss. I knew that gold and silver prices increased on bad news, but didn't figure out that it also fell on good news. There are times when I think I have to learn everything the hard way.

Years ago, after the Hunt Brothers drove up the price of silver and then went bust, when it fell back to more normal values, and KT was working, every two weeks KT was visiting His local coin shop and purchasing what were being called “junk” silver coins, mostly quarters and dimes, and that process later evolved into KT’s Coin Roll Hunting. His Majesty tried quarters, dimes, and half dollars, eventually settling on half dollars in 2012. KT continued with that process until the local banks refused to supply the Kingdom after Covid in 2019….but KT’s silver obsession did not end. His Majesty continues to bid on small half dollar coin lots on eBay, and has been observing the slow rise in value of silver over the past couple of years, winning one to two lots for every 50 or so bids He makes. Thus the Royal Silver Horde continues to grow, tho a bit slower in recent months.

KT has a friend who was purchasing and trading goods for silver coinage for several years, but when the price came back to $20/Troy ounce, he sold it all. And he never started back up. Now he is 79 years old and lives on only SS and a very small fire department pension. A very sad situation.

KT never plans to sell the Horde but to pass it all on to Prince John. It is a way to pass wealth down through the family. Thanks for relating your personal story, maxxkatt! KT does not collect for numismatic value, but for contained silver value, tho beginning collectors might pay a bit over silver value when initially building a starter collection. The only collector portion of the Horde is a complete uncirculated collection of Ike dollars, which contains a few silver issues, and a few state commemorative issues.

 

[KingTotsalot]

So is that Florin, which looks to be slightly smaller in size, going to throw a monkey wrench in ye royal stacks?

Nice coins KT, I like your style.

The Florin is a small odd man out, but recently KT accumulated some 10 Canadian 50 cent pieces, so He is not the only silver foreigner in the Royal Court! Ha ha. Royal Thanks, GroundSweeper, for your k8nd comment!

 

[KingTotsalot]

Very well done my liege. Bringing some foreign influence into the realm shall bring harmony. I bid thou congrats.

Ha Ha. Royal Thanks, Hoser! I believe King George will get along better with the recently acquired Canadian halves, than the many Ken’s and Bens in the Royal Horde, but it is good for KT to have a diversity of ideas at his Royal Fingertips! And it brings back fond memories of The Royal Family visiting Australia in 1986!

 

[maxxkatt]

My neighbor and best friend (passed 2 years ago) got me into collecting coins. He had a collection of wheat pennies numbering over 200,000. He also collected dimes and had a stack of full books about 2 feet high in the corner behind his desk. He said he had been collecting wheat pennies and dimes since he was 12 years old only to be interrupted by his tour with the Marines in Vietnam. Not many opportunities to collect coins back in the late 60's in Vietnam. His widow got a nice chunk of change when she sold the collection to his trusted coin dealer. Don't know what $$ she received because I never ask anyone about things like that. If they want to tell me, they would have told me.

 

[KingTotsalot]

My neighbor and best friend (passed 2 years ago) got me into collecting coins. He had a collection of wheat pennies numbering over 200,000. He also collected dimes and had a stack of full books about 2 feet high in the corner behind his desk. He said he had been collecting wheat pennies and dimes since he was 12 years old only to be interrupted by his tour with the Marines in Vietnam. Not many opportunities to collect coins back in the late 60's in Vietnam. His widow got a nice chunk of change when she sold the collection to his trusted coin dealer. Don't know what $$ she received because I never ask anyone about things like that. If they want to tell me, they would have told me.

Thanks for your interesting story about your neighbor. One never knows what someone, even a neighbor, may be hoarding!