The Moneychanger
Daily Commentary
Wednesday, 26 November a.d. 2014 Browse the commentary archive

Forget the crowds, and take me up on my BLACK FRIDAY SPECIAL OFFER

I bought a bunch of Silver Dollars & I was cleaning out the safe and found a lot of other stuff & realize that I was not running a museum here but would FAR rather sell them to y'all at close prices.

Gold basis is $1,196.60 & silver $16.55.

OFFER No. 1, the Duke's Mixture

One lot only, contains 77.094 troy ounces of fine silver and 0.2418 troy ounce gold as follows:

All the following US coins come in original boxes & papers.

Following three items are a set.

One (1) 1886-1996 Statue Liberty Silver Dollar, $16.00

One (1)1886-1996 Statue Liberty $5 gold piece, $304.00

One (1)1886-1996 Statue Liberty 50 cent, $13.50

Following are singles in original boxes:

One (1)1982 George Washington Proof HALF Dollar, $13.50

One (1) 1992 White House Proof Silver dollar, $16.00

One (1) 1993 Thos. Jefferson Proof Silver Dollar, $16.00

One (1) 2003 1st Flight Centennial Proof Silver Dollar, $16.00

One (1) 2006 Ben. Franklin Proof Silver Dollar, $16.00

Following are privately minted:

One (1) Two Ounce ("$20") Silver Liberty Dollar, $35

One (1) Five oz .999 fine silver coin, Washington Quarter obverse

One has 2011 Gettysburg reverse, $89.00

One has 2011 Olympic, Washington rev., $89.00

(One) Five Oz .999 silver bar Year of the Snake, 2013, $89.00

Snake obverse, Chinese characters reverse,

Agile, Confidence, Intelligent, Smooth, Propitious

Nine (9) 0.5 oz .999 fine Liberty Lobby/Andrew Jackson coins, $8.90 each

Fifty-one (51) Low premium Silver Eagles incl. enamelled

with American flag, black spots or dots, worn, $18.15 each.

Total Lot # 1 price is $1,718.75 plus $35 shipping or $1,753.75

OFFER No. 2. Morgan Silver Dollars minted before 1905

Sixty (60) each VG+ pre-1905 Morgan, 0.765 troy ounce, silver dollars at $26.50 each, for a total of $1,590.00 plus $35 shipping or $1,625.00. These are not bright, shiny uncirculated coins, but all are simply graded strict Very Good or better, no culls, no rim dings, full rims, etc. Susan & I have picked through these & rejected every coin we would not want ourselves. Each coin contains 0.765 troy ounce of silver, allowing a little wear for circulation. Price identical to a special offer I made last February. I have only Seven (7) lots.

OFFER No. 3. Mixed Silver Dollars

Thirty-one (31) each no problem VG+ 1921 Morgan silver dollars at $23.50 each, Three (3) each VG+ Peace dollars (1921-1935) at $23.50 each, & Eighty-five (85) cull dollars at $19.00 each. These cull dollars either grade less than Very Good because they are worn, or are VG+ dollars with rimdings or rim flat spots. Entire lot costs $2,414.00 + $35 Shipping for a total of $2,449 delivered. Great survival coins, no frills.

OFFER No. 4, Damaged Silver Rounds

One hundred Ninety-two (192) .999 fine silver rounds that were blackened by a house fire. Yours for the silver value, $16.55 each. Total is $3177.60 + $35 shipping for a total of $3,212.60, AS IS.

OFFER No. 5. The Clean-up Lot.

Forty (40) each VG+ Morgan Silver Dollars just like Lot No. 2, but only 40 pieces at $26.50 each, or $1,060.00 plus $25 shipping for a total of $1,085.00. Here's the catch: if I find an inventory error, this Offer might contain fewer coins, with price adjusted accordingly.

Special Conditions:

First come, first served, and no re-orders at these prices. I will write orders based on the time I receive your e-mail.

Sorry, we will not take orders for less than the minimum shown above.

All sales on a strict "no-nag" basis. We will ship as soon as your check clears, but we allow Two weeks (14 days) for your check to clear. Calls looking for your order two days after we receive your check will be politely and patiently rebuffed. We will ship to arrive before Christmas.

It increases your chances of getting your order filled if you offer me a second choice, e.g., "I want to order One of Lot 2, but if not available will take One of Lot 2." ORDERING INSTRUCTIONS:

1. You may order by e-mail only to No phone orders, please. Please do NOT order by replying to THIS email, because it will delay your email.

Your email must include your complete name, address, & phone number. We cannot ship to you without your address. Sorry, we cannot ship outside the United States or to Tennessee.

Repeat, you must include your complete name, address, and phone number. Our clairvoyant quit without warning last week, then I tripped, dropped, & smashed my crystal ball, & our fortune-teller is on strike, so I can no longer read your mind. Because of the holiday, I won't send an email confirmation before Saturday.

2. When you buy from us, we cannot later change or cancel the trade. We are giving you our word that we will sell at that price, & you are giving us your word that you will buy at that price, regardless what later happens in the market, up or down.

If you break your word to us, we will never again do business with you.

3. Orders are on a first-come, first-served basis until supply is exhausted.

4. "First come, first-served" means that we will enter the orders in the order that we receive them by e-mail.

5. If your order is filled, we will e-mail you a confirmation. If you do not receive a confirmation, your order was not filled.

6. You will need to send payment by personal check or bank wire (either one is fine) within 48 hours. It just needs to be in the mail, not in our hands, in 48 hours.

7. "No Nag Basis" means that we allow fourteen (14) days for personal checks to clear before we ship.

Want your order faster? Send a bank wire, but that's not required. Once we ship, the post office takes four to fourteen days to get the registered mail package to you. All in all, you'll see your order in about one month if you send a check.

Argentum et aurum comparanda sunt —
Silver and gold must be bought.

— Franklin Sanders, The Moneychanger

Your source for gold and silver. Read our latest reviews and testimonials.
Market Snapshot See more charts and market data
26-Nov-14 Price Change % Change
Gold, $/oz 1,196.60 -0.50 -0.04%
Silver, $/oz 16.55 -0.01 -0.03%
Gold/Silver Ratio 72.311 -0.008 -0.01%
Silver/Gold Ratio 0.0138 0.0000 0.01%
Platinum 1,277.50 15.60 1.24%
Palladium 801.60 5.50 0.69%
S&P 500 2,072.83 5.80 0.28%
Dow 17,827.75 12.81 0.07%
Dow in GOLD $s 307.98 0.35 0.11%
Dow in GOLD oz 14.90 0.02 0.11%
Dow in SILVER oz 1,077.34 1.10 0.10%
US Dollar Index 87.96 -0.21 -0.24%
IMPORTANT NOTE: The following are wholesale, not retail, prices. To figure our retail selling price, multiply the "ask" price by 1.035. To figure our retail buying price, multiple the "bid" price by 0.97. Lower commissions apply to larger orders, higher commissions to very small orders.
SPOT GOLD: 1,195.90      
GOLD Fine Tr.Oz. BID ASK $/oz
American Eagle 1.00 1,226.99 1,237.76 1,237.76
1/2 AE 0.50 615.37 630.84 1,261.67
1/4 AE 0.25 307.69 321.40 1,285.59
1/10 AE 0.10 125.46 130.95 1,309.51
Aust. 100 corona 0.98 1,166.36 1,178.36 1,202.16
British sovereign 0.24 283.20 295.20 1,254.05
French 20 franc 0.19 224.95 228.07 1,221.61
Krugerrand 1.00 1,211.45 1,221.45 1,221.45
Maple Leaf 1.00 1,210.90 1,225.90 1,225.90
1/2 Maple Leaf 0.50 687.64 627.85 1,255.70
1/4 Maple Leaf 0.25 304.95 319.90 1,279.61
1/10 Maple Leaf 0.10 126.77 130.35 1,303.53
Mexican 50 peso 1.21 1,434.57 1,458.57 1,209.73
.9999 bar 1.00 1,200.09 1,211.90 1,211.90
SPOT SILVER: 16.53      
SILVER Fine Tr.Oz. BID ASK $/oz
VG+ Morgan $B4 1905 0.77 22.75 26.50 34.64
VG+ Peace dollar 0.77 18.50 22.00 28.76
90% silver coin bags 0.72 13,138.13 13,495.63 18.88
US 40% silver 1/2s 0.30 4,683.13 4,833.13 16.38
100 oz .999 bar 100.00 1,642.50 1,702.50 17.03
10 oz .999 bar 10.00 170.25 171.25 17.13
1 oz .999 round 1.00 16.63 17.18 17.18
Am Eagle, 200 oz Min 1.00 18.28 19.28 19.28
SPOT PLATINUM: 1,277.50      
Plat. Platypus 1.00 1,302.50 1,342.50 1,342.50
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Copyright Notice

© 2015 Little Mountain Corporation, d.b.a. The Moneychanger. All rights reserved. May not be republished in any form, including electronically, without our express permission.

Warnings and Disclaimers

To avoid confusion, please remember that the comments above have a very short time horizon. Always invest with the primary trend. Gold's primary trend is up, targeting at least $3,130.00; silver's primary trend is up, targeting 16:1 gold/silver ratio or $195.66; stock's primary trend is down, targeting Dow under 2,900 and worth only one ounce of gold or 16 ounces of silver. US$ and US$-denominated assets, primary trend down; real estate bubble has burst, primary trend down.

Be advised and warned:

  • Do NOT use these commentaries to trade futures contracts. I don't intend them for that or write them with that short-term trading outlook. I write them for long-term investors in physical metals. Take them as entertainment, but not as a timing service for futures.
  • NOR do I recommend investing in gold or silver Exchange Trade Funds (ETFs). Those are NOT physical metal and I fear one day or another may go up in smoke. Unless you can breathe smoke, stay away. Call me paranoid, but the surviving rabbit is wary of traps.
  • NOR do I recommend trading futures options or other leveraged paper gold and silver products. These are not for the inexperienced.
  • NOR do I recommend buying gold and silver on margin or with debt.
  • What DO I recommend? Physical gold and silver coins and bars in your own hands. For additional information, please see our Ten Commandments for Buying Gold and Silver.
  • One final warning: NEVER insert a 747 Jumbo Jet up your nose.

Explanation of Terms

The US DOLLAR INDEX is the average exchange rate for the US dollar against the Euro, Yen, Pound sterling, Canadian Dollar, Swiss Franc, and Swedish Krona, weighted for each country's trade with the US. It gives a general measure of the US dollar's performance against all other currencies.

The DOW IN GOLD DOLLARS measures the Dow Jones Industrial Average in gold dollars (0.048375 troy oz. by law). The DiG$ depicts the Primary (20 year) Trend of stocks against gold. When the DiG$ is dropping, gold is gaining value against stocks in a trend that should last 15-20 years. The DiG$'s chart is identical to the Dow in ounces of gold, but gives us one unvarying measure all the way back to 1896. Because it shows the primary trend ("tide") of gold against stocks, for investors it is the single most important financial chart in the world today. Since its August 1999 high at G$925.42 (44.8 ounces), the DiG$ has trended down, targeting a G$80-G$20 (4-1 oz. of gold will buy the whole Dow).

The DOW IN SILVER OUNCES shows how many ounces of silver are needed to buy the entire Dow. The DiSoz is trending down with a target of under 36 ounces.

The GOLD/SILVER RATIO is the gold price divided by the silver price, and shows how many ounces of silver it takes to buy one ounce of gold. The Ratio shows us the Primary (20 year) Trend of gold's value against silver. When the Ratio's trend is dropping, silver is gaining value against gold. This trend targets a gold/silver ratio of 16 ounces of silver to one of gold within the next 5-10 years. That implies that silver will massively, vastly outperform gold before this bull market ends. When both metals are rallying, the ratio often (but not always) drops, confirming the rally.

Other Important Information

This is not an offer to buy or sell. Prices subject to change without notice. To enter an order, call us at (888) 218-9226 or (931) 766-6066. Sorry, no sales to Tennessee.

For complete details on how to buy from us or sell to us, please click here.