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I Bought Silver Coins from Hong Kong .. Then THIS Happened

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Silver Heist

Silver Heist

Күн бұрын

Пікірлер: 582
@SilverHeist
@SilverHeist 3 жыл бұрын
UNBOXING 👇 2021 Silver Libertads! All The Best Sizes! kzbin.info/www/bejne/a4qwfq2tn7igh5I
@mannybruce8950
@mannybruce8950 3 жыл бұрын
Sorry...but I'm leery about buying anything being delivered from China . I'm trying not to buy products made in China or shipped from China without the store in the states having a good return policy or warranty policy . I've gotten burned by China based businesses several times but luckily for me my Credit card had a great consumer dispute policy , but I'm not making these scammers rich by putting the cost of the loss on a reputable business . Their shenanigans have to get shut down by us not patronising them even if it means sometimes paying extra .
@NefariousEnough
@NefariousEnough 3 жыл бұрын
Yep! Spend USA money in the USA on USA goods!! Most of the far East Asian market is counterfeit. Not worth the risk to save two dollars.
@bobsacamano2948
@bobsacamano2948 3 жыл бұрын
China sells really good looking fakes. watch out
@greenminer255
@greenminer255 3 жыл бұрын
why would i buy any coins and worry where they are from, how long it will take, if it's a reputable company, the authenticity, worry about packages, or scratches or nicks , and worry if the package will arrive and wait when in a matter of seconds i could just buy ......BITCOIN ? i mean ....omfg
@bobsacamano2948
@bobsacamano2948 3 жыл бұрын
@@greenminer255 And lose half your money
@OzzieOzzieOzzieOyOyOy
@OzzieOzzieOzzieOyOyOy 3 жыл бұрын
I won’t buy anything from a Chinese company, or buy anything manufactured in China if I can help it, though it’s certainly getting a lot harder to do. More so because of the CCP. I don’t want one penny of my money going to them. Also, the fact that you don’t know who is making the products - Uyghurs in ‘re-education’ camps, maybe, or political dissidents being forced to work on those items. The fakes and scams that are so prolific in Chinese manufacturing is a lesser evil, though that is bad enough.
@friends-xu3fq
@friends-xu3fq 3 жыл бұрын
I would pay more in America to not deal with CHINA
@dougdrummond9341
@dougdrummond9341 3 жыл бұрын
I'm with you on that
@rayfoley1966
@rayfoley1966 3 жыл бұрын
Nonsense It's a free market. I learned by my country's example; the USA!
@goldmaple5290
@goldmaple5290 3 жыл бұрын
China owns you already. I do not know what you are talking about. Its because of China, goods are cheap in the U.S. Without China everything would be expensive.
@makdaddy8399
@makdaddy8399 2 жыл бұрын
It's funny how people buy cheap China made junk 10x and think they get a good deal....
@silverfingerthesilverstack5062
@silverfingerthesilverstack5062 3 жыл бұрын
What you need to remember is that Hong Kong was in British hands for a long long time and a lot of it is still ran accordingly, LPM has a very good reputation I have heard from friends who have used them.
@SilverHeist
@SilverHeist 3 жыл бұрын
I have now bought from LPM at least 3 or 4 times and would continue to do so! 😃🇭🇰
@SilverHeist
@SilverHeist 3 жыл бұрын
US Mint Ends Production of 2021 Silver and Gold Eagles (Type 1) kzbin.info/www/bejne/hn-3ip-uhdCCg68
@jaydubau8755
@jaydubau8755 3 жыл бұрын
Not for premium coins..
@ryanclabough1853
@ryanclabough1853 3 жыл бұрын
44 an ounce is still pretty high for silver , even for collectables
@SilverHeist
@SilverHeist 3 жыл бұрын
True .... but then they went up higher on eBay to $60++.
@Tim99-lg7kn
@Tim99-lg7kn Ай бұрын
That's eBay prices ....😂​@@SilverHeist
@silversteeler2851
@silversteeler2851 3 жыл бұрын
Nice! I never got the first one and wasn't even aware of the second release. I suppose my eyes have been focused squarely on gold of late. I like them of course. The budget has moved towards gold and that leaves little room for silver at the moment. Love the design.
@SilverHeist
@SilverHeist 3 жыл бұрын
$$, If you are moving towards gold, keep your eyes on the prize!
@Silv819
@Silv819 3 жыл бұрын
Very interesting video! Many are scared of the background stuff LPM require at first. I’ve been dealing with them for years. So much cheaper if you pull the trigger fast.
@SilverHeist
@SilverHeist 3 жыл бұрын
I was about an hour late to the party, but a day ahead of APMEX high price party.
@isaiah58bc
@isaiah58bc 3 жыл бұрын
I was expecting you to weigh some of them and test several.
@SilverHeist
@SilverHeist 3 жыл бұрын
I don’t have a fancy $1000 tester. Coins direct from Perth Mint to LPM dealer who I see as both having good reputations
@sheppardgravitalconstant7985
@sheppardgravitalconstant7985 3 жыл бұрын
Looks fake
@bobsacamano2948
@bobsacamano2948 3 жыл бұрын
@@SilverHeist Use caliper and scale that will at least tell you if it is pure silver.
@EroticOnion23
@EroticOnion23 3 жыл бұрын
Get some ice cubes and magnets
@bobsacamano2948
@bobsacamano2948 3 жыл бұрын
@@EroticOnion23 magnets only work if certain metals like iron were used. If you use a caliper and scale you can calculate the density of the metal used and compare it to the density given on the periodic table of elements to determine which metals the object contains.
@shawnspreciousbullyon
@shawnspreciousbullyon 3 жыл бұрын
Thats awesome that you got yours already. I'm still waiting for apmex to receive them so they can send them out to me. Looks like LPM might be a new place for me to focus my attention on buying premium products so I don't get screwed by the apmex game of get them quick before the alert me then price hike. Thanks for the video dude.
@puravida5683
@puravida5683 3 жыл бұрын
I just by my silver, when I travel abroad and carry them back. I usually buy one dollar under ten thousand, to avoid customs issues.
@SilverHeist
@SilverHeist 3 жыл бұрын
Good plan! Just stay one step ahead of them. 👌
@markb.7642
@markb.7642 3 жыл бұрын
LMAO "Do not touch the orange scissors" My wife tells me the same thing.
@SilverHeist
@SilverHeist 3 жыл бұрын
We better listen! 😂
@ProjectLifeNetwork
@ProjectLifeNetwork 3 жыл бұрын
His wife should have told buy them in the states from reputable dealers
@saltymemesmith
@saltymemesmith 3 жыл бұрын
Always enjoy your stuff Bro, keep up the good quality work.
@SilverHeist
@SilverHeist 3 жыл бұрын
Thanks Loki! Appreciate you watching and commenting 🔔
@debbys-abqnm4537
@debbys-abqnm4537 3 жыл бұрын
"Do not touch the orange-handled scissors", which your mom probably used to cut out fabrics of all kinds in her sewing corner. She didn't need the scissors to be roughed up and lose their sharp edges when some kid (or her hubby) tried to cut some wood, metal, newsprint, the dog's long fur, etc. 😊
@SilverHeist
@SilverHeist 3 жыл бұрын
EXACTLY! She taught her sons well! 😃
@debbys-abqnm4537
@debbys-abqnm4537 3 жыл бұрын
@@SilverHeist -- I admit to seeing the observation on several YT videos about sewing as, after a long (+30 years) away from sewing, I bought a new, inexpensive sewing machine a few months ago and am slowly mending things, making masks (a zillion YT videos on them, too), and making plans to use old clothes that still fit well as patterns for new clothing. A good pair of scissors is a must have, though rolling razor blades are popular now if one also has a slice-proof surface to use them on with great care. I note one sewing channel is presented by a fellow whose grandmother taught him all he knows, so it's a hobby for everyone. Maybe I can sew up some strong pouches to wear comfortably that can hold 20 pounds of silver for when I need to run away...!
@SilverHeist
@SilverHeist 3 жыл бұрын
@@debbys-abqnm4537 make the pouches STRONG! 💪 😃
@alanbud5181
@alanbud5181 3 жыл бұрын
To sharpen scissors, cut fine sandpaper.
@bullionaddict9164
@bullionaddict9164 3 жыл бұрын
The Zues coin was one of my favorite from last year and the Posidain coin looks equally cool.
@mrxd7953
@mrxd7953 3 жыл бұрын
No matter where you guy, if you collect ALWAYS have your coins x-rayed or vacuum weighed at least. You can fake the atmosphere weight but you can't fake a vacuum balance. Sealed from Asia would not trust no mater the rep.
@losinglouie
@losinglouie 3 жыл бұрын
Congrats on getting the good deal. I have to say though, my last experience with LPM was not 100%. They sent me a liver tied with a milk spot, and it wasn’t a cheap one either. I have a great weekend
@SilverHeist
@SilverHeist 3 жыл бұрын
Thanks Louie! Sorry to hear about the Libertad which was less than beautiful. They are a great coin when made as intended.
@2is1gold
@2is1gold 3 жыл бұрын
They look great, Heist!
@SilverHeist
@SilverHeist 3 жыл бұрын
Thanks 2 is 1 .. it’s a great design and a great series.
@numismaticmaster8612
@numismaticmaster8612 3 жыл бұрын
I think it'll be a 12 part series, given hua there are 12 Gods of Olympius. Possibly 13 if you include Hades.
@SilverHeist
@SilverHeist 3 жыл бұрын
First two in series look good .... more to come.
@richardduke9788
@richardduke9788 3 жыл бұрын
A comment comparing FedEx and U.S. mail . You got your coins from Hong Kong in about a week. I ordered 2copies of my Birth certificate from my State capital, about 250 miles away the first week of April . They were sent to me by U.S. mail . But the local Post Office 🏤 returned them to the Vital Statistics department. After waiting for there arrival , I called . Found out that they had been returned. Vital Statistics mailed them again first of last week to a P.O. box this time. A week later and the U.S. post office still hasn't made delivery . Nearly 2 months and no U.S. delivery , but from Hong Kong in less than a week . Wowww !
@SilverHeist
@SilverHeist 3 жыл бұрын
The US Postal service ... when it is bad it is very bad.
@dproulx222
@dproulx222 2 жыл бұрын
I'm Canadian and live in South Korea and often use LPM from Hong Kong.... The prices are competitive and I've never had a problem with them.
@SilverHeist
@SilverHeist 2 жыл бұрын
It’s a good company. With BIG inventory. 👍
@dproulx222
@dproulx222 2 жыл бұрын
@@SilverHeist Agreed 100% with large in stock inventory... I buy from them frequently and import into South Korea.
@babuma81
@babuma81 3 жыл бұрын
I have long suggested the rest to buy from LPM, they have plenty of stocks and lots of varieties. Still reasonable as compare to all dealers in the US and Canada. They are competitive due to tax free, not sure this will last next year.
@laupeter4594
@laupeter4594 2 жыл бұрын
Their gold premiums are getting crazy
@thinkforyourself9311
@thinkforyourself9311 3 жыл бұрын
Silver coins from Hong Kong sounds like a gamble to me.
@99979
@99979 3 жыл бұрын
👍👍
@tnut3305
@tnut3305 3 жыл бұрын
Keep in mind Hong Kong and China aren’t the same.
@floridastacker
@floridastacker 3 жыл бұрын
Nice grabs, Heist. Need to try them out one day
@SilverHeist
@SilverHeist 3 жыл бұрын
I think they are good if you are getting a limited edition Perth Mint series or maybe even Libertads when those are in short supply.
@waynewu4142
@waynewu4142 3 жыл бұрын
I am stacker from Hong Kong and I bought most of my silver from LPM. They usually have a better deal than most of the US coin dealers and have a wider variety of choices since silver staking is still not that popular compare to The west at the moment. I feel so great that I can learn a lot from you guys while I can stake silver with good price. Looking forward to 1st May😂
@goldengun9970
@goldengun9970 3 жыл бұрын
Beautiful and popular series to collect especially when taking into account the low mintage. Well done.
@SilverHeist
@SilverHeist 3 жыл бұрын
I like this series a lot. The Perth Mint makes really nice items.
@thomasmccollum4124
@thomasmccollum4124 3 жыл бұрын
I watched your video and then went on LPN and bought 2 30 gram gold pandas, 2 30 gram silver Pandas, and 2 Korean coins. I sent a wire transfer which cost 30 dollars plus $40.00 shipping. It took about 2 weeks to ship and then it got delayed by US Customs. I had to fill out a form and they released them 4 days later. I got them today and I am very happy. I saved about $300.00 altogether after all costs.Thanks for the heads up.
@thomasmccollum4124
@thomasmccollum4124 3 жыл бұрын
That $300.00 was based on the best prices I could find. Apmex would have been about $450.00 more.
@coinspot4372
@coinspot4372 3 жыл бұрын
Awesome coins,you made a huge saving buying from Hong Kong 😎👍👌👏🤩
@SilverHeist
@SilverHeist 3 жыл бұрын
I did get a good deal and from a TRUSTED dealer.
@Dakiniwoman
@Dakiniwoman 3 жыл бұрын
Thank you for sharing these unique designs. They are not what we usually see and though they are quite beautifully made, these would not be my own choice of designs. I just got my 10 ounce Una and the Lion bar and it is just gorgeous also.
@SilverHeist
@SilverHeist 3 жыл бұрын
I saw that bar and wished I got one. Very beautiful. Even nicer than 10 oz Britannia.
@thesilversliver5728
@thesilversliver5728 3 жыл бұрын
I must admit I may have been a little critical on thoughts of buying silver from Hong Kong, China, ect. But I may have to test the waters in the near future. Great video. Always a pleasure to learn from the educated stacking community. Keep On Keep'n On !
@SilverHeist
@SilverHeist 3 жыл бұрын
China is one thing, but I think Hong Kong is another.
@thesilversliver5728
@thesilversliver5728 3 жыл бұрын
@@SilverHeist I will definitely keep that in mind when I plunge into the deep end of the pool. Thank you.
@jchan4296
@jchan4296 3 жыл бұрын
I buy from LPM in HK. I’m in HK.
@bettycheng164
@bettycheng164 3 жыл бұрын
Lpm.is now owned by Taiwanese as.heard. I also.buy from.them. Good shop and excellent service.
@bricemacaluso8361
@bricemacaluso8361 3 жыл бұрын
ok, the artwork for poseidon is amazing. the coins themselves look cool, but poseidon looks (and I'm going to go with a throwback adjective from my generation because it looks so good) radical
@SilverHeist
@SilverHeist 3 жыл бұрын
Bill and Ted’s and Poseidon’s Excellent Adventure!
@willweed6168
@willweed6168 3 жыл бұрын
Wow. I got mine from apmex early. Good to see that they will have a little bit of equity by the time that I get them.
@shawnm2405
@shawnm2405 3 жыл бұрын
Is apmex legit? What do you think about them?
@ganapatihegde1024
@ganapatihegde1024 3 жыл бұрын
What about the customs duty when you import from Hongkong? Thanks! for the upload. Nice vlog!
@SilverHeist
@SilverHeist 3 жыл бұрын
I am in USA. I have not paid customs yet for silver government bullion coins from Hong Kong. My orders have been under $1500, so I don’t know if there is a threshold.
@CH-yt6qi
@CH-yt6qi 3 жыл бұрын
$44 for 2oz silver in Apr? That’s below the market price of the bullions….let alone collectible coins
@SalivateMetal
@SalivateMetal 3 жыл бұрын
Cool. I have the original 2 Oz high relief antiqued versions of these for all the Gods of Olympus. I hope these new coins will help the old coins appreciate in value.
@SilverHeist
@SilverHeist 3 жыл бұрын
Nice! This is a popular series with great designs .... and you have the original ones! Very cool 😎
@GenXstacker
@GenXstacker 3 жыл бұрын
Same obverse design (is the phrase you were looking for). Front = obverse, back = reverse
@SilverHeist
@SilverHeist 3 жыл бұрын
The phrase was in my brain somewhere. Either the front or back of my brain, but got stuck. 🙃
@rustyshackleford2627
@rustyshackleford2627 3 жыл бұрын
The coins are beautiful, the stamping looks sooo good, I would buy one !!! 👍
@SilverHeist
@SilverHeist 3 жыл бұрын
Thanks @Rusty Shackleford one of the nicest coins of 2021
@reaganwestlake
@reaganwestlake 3 жыл бұрын
Beautiful coins. I stack bars myself but a coin certainly look a lot better than a bar
@lovebutton7850
@lovebutton7850 3 жыл бұрын
Don't use the orange ones, they're for fabric.
@SilverHeist
@SilverHeist 3 жыл бұрын
That’s what we learned growing up from Mom! 👩
@monte4150
@monte4150 3 жыл бұрын
Hi @Love Button have a great day!!!
@Clay37
@Clay37 3 жыл бұрын
Bought a few as well. Nice video. 👍
@elhazelrah
@elhazelrah 3 жыл бұрын
The artwork is flippin awesome on these! I’m just starting out with silver so I’m focusing on the closer to spot rounds for now.
@SilverHeist
@SilverHeist 3 жыл бұрын
Closer to spot rounds is a good place to start. It took me 24 months before I ventured into premium collectibles, which is only a portion of what I buy today.
@emills1417
@emills1417 Жыл бұрын
I've been buying from bullion exchanges, seems prices are usually better on bullion than other sites.
@SilverHeist
@SilverHeist Жыл бұрын
I’ve bought from them. And saw their NYC storefront too. Good company.
@emills1417
@emills1417 Жыл бұрын
Good to know. I've made website purchases from them and so far no problems. I've also been able to use their "bullion bucks" to save in addition to the lower prices. Last purchase I got $130 back from their program which helped offset wire fees ($20). @@SilverHeist
@tridentstacking
@tridentstacking 3 жыл бұрын
Definitely worth the hassle, great series.
@SilverHeist
@SilverHeist 3 жыл бұрын
You gotta jump through some hoops for the good stuff sometimes!
@Basementbarber
@Basementbarber 3 жыл бұрын
Very informative thanks for making these videos
@SilverHeist
@SilverHeist 3 жыл бұрын
Thank you for watching my videos! I will make more!
@soubirchakraborty6189
@soubirchakraborty6189 3 жыл бұрын
Very nice coins....👌 Great video..👍👍
@katherinelangford981
@katherinelangford981 3 жыл бұрын
Nice. I'm sure you'll do great with them. Tidy little profit too :)
@SilverHeist
@SilverHeist 3 жыл бұрын
Thanks Katherine! I am hoping for a tidy little profit. Fractional gold doesn’t grow on trees!
@katherinelangford981
@katherinelangford981 3 жыл бұрын
@@SilverHeist Tell me about it. Lol good luck!
@neilurwin9670
@neilurwin9670 3 жыл бұрын
Brilliant Video All The Best 110%.
@SilverHeist
@SilverHeist 3 жыл бұрын
Thanks Neil.
@babyaufshar17
@babyaufshar17 3 жыл бұрын
Any plans to test the authenticity of them in a machine?
@SilverHeist
@SilverHeist 3 жыл бұрын
LPM was the exclusive dealer. They commissioned them from Perth Mint because they created a market for them. They went from Perth to LPM to me. I am not testing them as I have confidence in THIS case that they are real.
@garymorris5844
@garymorris5844 3 жыл бұрын
You paid about 65% over Spot Price?! I think that you could have almost got 1.5 times the coins you got if you didn't pay such an extremely high premium.
@SilverHeist
@SilverHeist 3 жыл бұрын
What if I sell them quickly for a profit? I might get even more ounces of regular bullion then.
@darrinwebber4077
@darrinwebber4077 3 жыл бұрын
3 original elder olympian gods and 3 original elder olympian goddesses. If are Hades, Zeus, & Posiedon and Hera, Hestia, and Demeter. Let's see if I'm right
@SilverHeist
@SilverHeist 3 жыл бұрын
🤞
@bobandmaryw4336
@bobandmaryw4336 7 ай бұрын
I’d like to know how hard is this to do? I don’t understand the conversion. Why not help people know how to go about doing this?
@SilverHeist
@SilverHeist 7 ай бұрын
Picking the right coin that has some appeal and will sell out quickly is a bit of an art. But then you need a platform to sell it on like eBay.
@jaydubau8755
@jaydubau8755 3 жыл бұрын
I've been buying from LPM for years. FYI Fedex will be sending you a customs invoice soon. Great deal on those Tuvalus!
@SilverHeist
@SilverHeist 3 жыл бұрын
I got a FEDEX invoice but for zero dollars due to customs. Have you ever had money owed to customs for items from LPM? Gold? Or by too high a value?
@jaydubau8755
@jaydubau8755 3 жыл бұрын
@@SilverHeist I ordered 150 ozs of random silver from them last month. I received a $100 invoice from Fedex last week for customs fees and duty. Still a great deal for the price I paid on the 2021 rectangular dragon coins. $33 each before shipping and duty
@SilverHeist
@SilverHeist 3 жыл бұрын
@@jaydubau8755 yes still a great deal. Could have been your quantity. I think my 25 Libertads or 20 Poseidons were marked govt bullion with zero customs.
@tcdeter
@tcdeter 3 жыл бұрын
Great video again Heist
@TT3TT3
@TT3TT3 3 жыл бұрын
Spot hasn't moved that much. Likely premium gouging.
@SilverHeist
@SilverHeist 3 жыл бұрын
Spot is flat for sure.
@amitbasu7516
@amitbasu7516 3 жыл бұрын
What? Don't you know stackers are supposed to wave around some big hunting knife?
@SilverHeist
@SilverHeist 3 жыл бұрын
Why be the same?
@domingodeanda233
@domingodeanda233 3 жыл бұрын
You can also buy Silver from Golden State Mint, in Florida
@rgarback01
@rgarback01 3 жыл бұрын
Very interesting. I have been reading and following you guys while trying to learn. I have zero knowledge and experience, so anything I can pickup and retain, before I lose my rear end on a bad deal. I'm curious, is there a place that I learn the basics and gain some fundamental knowledge? Any ideas or advice would greatly appreciated. Thank you!
@oahuhawaii2141
@oahuhawaii2141 3 жыл бұрын
There are lots of videos on what to look for in avoiding scams, and the many different tests to help identify fakes. Note that there isn't any single test to spot every fake, so it's important to conduct a series of tests to weed out the fakes, so that, by the time you've done all the relevant tests, you have a reasonable probability that a coin that passes all those tests means it's genuine. Also note that some tests require you to handle a coin directly; this isn't ideal for numismatic grade coins, as handling may diminish the value of the coin, so the test must be skipped. For those instances, you'll want non-invasive tests, but the equipment can be expensive; they may pay for themselves the moment they weed out a fake gold coin.
@williamtell2053
@williamtell2053 3 жыл бұрын
Those are real and Worth 130 a piece congratulations
@bernardmcmahon5377
@bernardmcmahon5377 3 жыл бұрын
I reckon silver coins are nearly always worth just ‘scrap’ ie actual silver price, I don’t think you can make decent money out of them unless you’re lucky enough to ‘palm them off’. I buy one ounce Kruger’s or Canadian maples then sit on them for a good while then sell, I’ve been lucky with the gold prices, but it’s just treated as bullion, nothing special for fancy struck coins,
@drusantana
@drusantana 3 жыл бұрын
Really nice! I'll check that website out thanks.
@alouie001
@alouie001 2 жыл бұрын
you gotta run an XFR analyzer on them.
@SilverHeist
@SilverHeist 2 жыл бұрын
That would end all doubt for sure.
@waag56
@waag56 3 жыл бұрын
I bought $1400 worth from First Coin (Ca.) on 3/21......... no presale items but still waiting in Ma.
@betod3113
@betod3113 3 жыл бұрын
Wow very nice man silver coins great choice 👍🥈🥈🥈
@fredacuneo5180
@fredacuneo5180 3 жыл бұрын
I TOO learned as a child not to touch the orange handed scissors - because they are Fiskars. Thanks for the video. Do you have a website for LPM? I can't find it in my searches.
@SilverHeist
@SilverHeist 3 жыл бұрын
HTTPS www LPM hk Hong Kong I think if you searched for LPM bullion it would pop up. BTW do not touch the orange handled scissors ✂️ 😂
@BW-kv9wj
@BW-kv9wj 3 жыл бұрын
I don’t think $16 over spot is a good deal. You should buy larger weight bars. And if Apmex is now selling those coins for $48 over spot, then that’s a total rip off. Spot is about $28 right now. To sell for almost double spot price is ridiculous.
@jchan4296
@jchan4296 3 жыл бұрын
Of course, LPM is good. I live in HK.
@SilverHeist
@SilverHeist 3 жыл бұрын
I like LPM too from all the way over in USA.
@BigMoney23223
@BigMoney23223 3 жыл бұрын
Business 101 Always make videos of how much you paid for an item and where you bought it, that way your customers can see how much your profiting off of them.
@SilverHeist
@SilverHeist 3 жыл бұрын
Radical transparency.
@metalmike4416
@metalmike4416 3 жыл бұрын
Business 102. Dealer transparency is good. When dealers hide their margins I always get suspicious. The dealer price should be such that the retail buyer is happy to pay the convenience / liquidity fee otherwise they can deal with international shipping, etc.
@o9rgeronimo979
@o9rgeronimo979 3 жыл бұрын
@@metalmike4416 ya,I don't mind paying a little for the guarantee and peace of mind.
@Quentin217
@Quentin217 3 жыл бұрын
Just out of curiosity, I weighed a one-ounce yankee gold eagle and then a one-ounce yankee silver eagle on mine old Ohaus balance scale designed for weighing gunpowder and bullets. i expected each to balance out at exactly 480 grains. To my surprise, the silver weighed about 488 grains and the gold was too heavy to be measured on the scale that was good to 511 grains. The scale always before had measured bullets on ranges within tolerance for the weight marked on the box. Why?
@SilverHeist
@SilverHeist 3 жыл бұрын
Great question and even better curiosity. The American Silver Eagle is 99.9 % pure silver while the American Gold Eagle is 22K Gold. 22k / 24k = 91.6 %. The gold coin is not pure gold but is guaranteed to have one Troy ounce of gold content. And then other metals. So the gold coin weighs more than a Troy ounce.
@Quentin217
@Quentin217 3 жыл бұрын
@@SilverHeist Thank you.
@tonyleach6573
@tonyleach6573 3 жыл бұрын
Nice Purchase !!
@SilverHeist
@SilverHeist 3 жыл бұрын
Thanks! They are a very nice design.
@guyazbell7437
@guyazbell7437 3 жыл бұрын
Nice coins too expensive for my averages though better make sure they are real. Here in minnesotastan you must pay about 200.00 extra for taxes., so it would have cost 47.00 each just got some mapleleafs for 36.00 each
@monte4150
@monte4150 3 жыл бұрын
Hi Heist! I'll look into this company.
@SilverHeist
@SilverHeist 3 жыл бұрын
Thanks! It’s a good one Monte.
@99979
@99979 3 жыл бұрын
👍👍😊
@cryptomon86
@cryptomon86 3 жыл бұрын
my best coins in my collection ive got from JM bullion doing the 1,2,5 and 10 oz random coin orders. My craziest buy was 44 dollars each on some 2 oz random. i got the 2 oz Queen's beast griffin, lion of mort, unicorn, horse. Got 1 oz canadian moose 2012 sealed tube for 20 bucks each. got 2 10 oz canadian maples for spot plus 3. Jm bullion is my favorite exchange. They def take care of me although i kept a pretty close relationship with them on Reddit with an issue i had early in my stacking. after that i got nothing but good merch.
@SilverHeist
@SilverHeist 3 жыл бұрын
That’s great. I just saw someone get a deal on a Queens Beast for around $95.
@cryptomon86
@cryptomon86 3 жыл бұрын
@@SilverHeist that's real good bc they are 200 bucks for the griffin now. I don't get it
@mattsilver986
@mattsilver986 3 жыл бұрын
Lpm are decent dealers- I have dealt with them too before.
@Goddess-illias
@Goddess-illias 3 жыл бұрын
I think Morgan silver dollars are better. A silver round maybe if its like a pcgs silver eagle with like an ok date like 80s 90s or older then maybe. Morgan silver dollars are historical really nice coins.
@jaydubau8755
@jaydubau8755 3 жыл бұрын
But they are not 999 fine
@Goddess-illias
@Goddess-illias 3 жыл бұрын
@@jaydubau8755 The thing is they are historical. there are rare key dates out there that are worth many thousands however silver rounds don't gain a historic status as time goes on its mostly just the silver content that's gives those value but a morgan silver dollar depending on its condition and rarity has more value then a silver round and as time goes on the historic value goes up too. And they are 90% silver that's not bad at all. For me its not about the silver its about collecting history did you know morgans are still legal tender but a silver round is not if you take it to a bank they would give you a dollar of course that would be stupid its worth way more then that. but it does have that status what if some kind of silver turn in happens and everyone has to sell their silver that's very doubtful but what if theirs a loophole regarding silver that is also legal tender I doubt that would mean anything they would still take it but you never know. Anyway I don't have anything against silver round stacking but seriously just go on ebay look at the most expensive silver eagles vs most expensive morgan silver dollars one is better then the other.
@jaydubau8755
@jaydubau8755 3 жыл бұрын
@@Goddess-illias i get that. It just doesn't appeal to me. I want big 999 bars and bullion near spot
@Goddess-illias
@Goddess-illias 3 жыл бұрын
@@jaydubau8755 the most expensive silver eagle round I could find was a special pcgs worth 25k. the most expensive morgan I could find is around 800k. About a 100 years ago they were worth 1 dollar. just saying as time goes on both the price for rarity and the silver price goes up. So that's 2 things. bars and bullion I'm not saying that isn't treasure its just worth the silver. but wouldn't you agree that if someone is going to stack silver and hold onto it for 20 years wouldn't it be wise to stack silver that has rarity. A 500$ morgan today was worth like 100$ 40 years ago or something like that suppose in 20 years the price on silver goes up 40$ or more then you take your silver to a coin shop and that coin shop wants 40% best thing is to sell it yourself but keep in mind the more expensive it is the less people want to buy it best bet is to hold onto it for a very long time but if that is what someone is going to do then rare silver will have the maximum profit.
@saveyourselvessheeple
@saveyourselvessheeple 3 жыл бұрын
Then WHAT happened? Gorgeous rounds, though I'd not buy outside of the US on principle. I understand for a dealer getting any savings possible though.
@SilverHeist
@SilverHeist 3 жыл бұрын
Then I sold half of the coins for over $60 each.
@highpockets2376
@highpockets2376 3 жыл бұрын
Glad you saved some money, sorry you had to spend outside the US.
@SilverHeist
@SilverHeist 3 жыл бұрын
Sometimes when you are buying an Australian coin, it could be less expensive to buy from a Hong Kong vault than an Oklahoma vault.
@d.i.sgusted3820
@d.i.sgusted3820 3 жыл бұрын
I bought magic beans from Nigeria, not here yet but the prince who sold them said they were in customs, cant wait!
@SilverHeist
@SilverHeist 3 жыл бұрын
That’s a fact Jack!
@onewhowaits7674
@onewhowaits7674 3 жыл бұрын
@@SilverHeist no need to be coy Roy.
@benignorivera8041
@benignorivera8041 3 жыл бұрын
Then I would say a very good investment you're ahead
@seanchaney3086
@seanchaney3086 3 жыл бұрын
Buying from Hong Kong is like buying from Taiwan. It isn't like buying from Shanghai
@SilverHeist
@SilverHeist 3 жыл бұрын
Agreed. That’s why I bought from LPM Hong Kong 🇭🇰
@Silvertoburn
@Silvertoburn 3 жыл бұрын
Pretty dang nice right there!
@JUST1N888
@JUST1N888 3 жыл бұрын
Nice video , this looks like it is going to be a great series . Congrats on the great pick ups . I know how exciting it is to get awesome coins in the mail . I am wait on a gold buffalo and lots of peace dollars . I got all these with profits from selling my bitcoin =)
@SilverHeist
@SilverHeist 3 жыл бұрын
Nice profit on the Bitcoin 👍👏
@AlohaStacker
@AlohaStacker 3 жыл бұрын
Great pickups! I missed out since I am moving... So looks like I will have to get 1 later at high premium... Oh well... Maybe when the the next one comes out I can buy a bunch and trade at some point! No antiqued ones? No 5 oz ones? 😂
@SilverHeist
@SilverHeist 3 жыл бұрын
I keep it simple with the ones! Although the 2020 Libertads had me trying a few different sizes plus proofs!
@AlohaStacker
@AlohaStacker 3 жыл бұрын
@@SilverHeist Libertads are worth it... LOL... Sucks that I missed the Poseidon since I have the 1 and 5 oz Zeus.. I was looking forward to it, but of course it came out right during my move time...
@loganxiong2259
@loganxiong2259 3 жыл бұрын
@@AlohaStacker I have a extra set of 1 and 5 oz Poseidon Silver BU for trade if you want.
@AlohaStacker
@AlohaStacker 3 жыл бұрын
@@loganxiong2259 I appreciate it, but it will be few months before I am able to even attempt it! I will put out a request then...
@mudpawsvoom6132
@mudpawsvoom6132 3 жыл бұрын
Those look very cool, I think I'll get back in to buying silver , I used to buy silver ingots when I was 16yrs old my friends thought I was nuts for doing it , but when I turned 19 I had over $2.000 😁
@SilverHeist
@SilverHeist 3 жыл бұрын
There’s a lot of choices for silver (and gold). They all can have a place but each has a limit /- depending on your budget and goals.
@jonsalemsanchez7488
@jonsalemsanchez7488 3 жыл бұрын
1925 queen Elizabeth coin...
@johnmichaelsaraceno7339
@johnmichaelsaraceno7339 3 жыл бұрын
Did you weight the coins, how do you know if they are counterfeit or the real deal?
@SilverHeist
@SilverHeist 3 жыл бұрын
I know they are real in the same way I know coins are real from APMEX or Monument. LPM had an excellent reputation. They commissioned these coins from the Perth Mint and came up with concept and are exclusive dealer.
@jjpac2011
@jjpac2011 3 жыл бұрын
Great video. I've looked at LPM before and even tried ordering. Had issues with payments they accepted based upon amount. Can you pay with CC?
@SilverHeist
@SilverHeist 3 жыл бұрын
You can pay with a credit card. It might be a good idea to warn your bank ahead of time that you are about to spend X amount of $ at a Hong Kong website. That way the order is not rejected on the spot or 24 hours later when the Banks do their transactions.
@jjpac2011
@jjpac2011 3 жыл бұрын
Did check it out again. They do accept CC at higher per unit cost, as everyone else. I do remember trying to use echeck but couldn't. Great buy, btw. They are sold out of the Poseidons.
@nicholasolsiewski7876
@nicholasolsiewski7876 3 жыл бұрын
Wow!!! BEAUTIFUL coins!
@SilverHeist
@SilverHeist 3 жыл бұрын
Thanks Nicholas! Very nice coins indeed.
@carlsitler9071
@carlsitler9071 3 жыл бұрын
When I unbox silver, I reach for my Fiskars razor knife or my Fishers hatchet. My high school colors were orange and black.
@mikepotter4141
@mikepotter4141 3 жыл бұрын
Like when I bought silver eagles from the US mint. Doubled in value before they even arrived. Nothing to buy an expensive dinner over but always a good feeling.
@CSAN
@CSAN 3 жыл бұрын
Nicely done!
@SilverHeist
@SilverHeist 3 жыл бұрын
Thanks. LPM is worth the extra effort for certain low mintage items!
@keithauer4548
@keithauer4548 3 жыл бұрын
Customers what you mean is SUCKERS cause there is NO collectors market for silver coins when it's all said and done gold and silver is still only worth spot price no matter how pretty the coin is
@johnjulie6657
@johnjulie6657 3 жыл бұрын
Really nice coins!
@twisttwister8254
@twisttwister8254 3 жыл бұрын
Lots of fakes out there ...hard to tell the diff from the real. Buy from legitimate dealer.
@SilverHeist
@SilverHeist 3 жыл бұрын
Yes ... I bought from LPM because they are a legitimate dealer. For example they are one of only four dealers who buy Libertads directly from the Mexican Mint.
@carlsitler9071
@carlsitler9071 3 жыл бұрын
My stack average is still under $15 even after buying some on May 1st, mostly Sunshine Morgans, Scottsdale bars and war nickels.
@goldmaple5290
@goldmaple5290 3 жыл бұрын
Silver Heist, since you ordered those coins from Hong Kong, you should have also ordered " Fat Man silver dollars " and some old Chinese silver Pandas. Fat Man dollars refer to Chinese silver dollar pieces minted in the 1910s and 1920s. They have Gen. Yuan Shih K'ai on them who was the first president of China from 1912 to 1916. Yuan proclaimed himself emperor of China in 1916, but died in office.
@SilverHeist
@SilverHeist 3 жыл бұрын
Not familiar with the old coins. Very cool sounding.
@patrickkerner1471
@patrickkerner1471 3 жыл бұрын
Ripoff! Spot silver price slightly over 27 dollars, you got taken! Silver is silver!
@Velez0777
@Velez0777 3 жыл бұрын
Provident metals dude. Silver eagles are $38 not $50
@SilverHeist
@SilverHeist 3 жыл бұрын
Great news! Premiums are changing.
@Velez0777
@Velez0777 3 жыл бұрын
@@SilverHeist I know, just checked. It’s $37.74
@2phil4u
@2phil4u 2 жыл бұрын
Im from germany. For most coins there are better sites in europe. But for some coins prices are really good. What i saw cheap. Bhutan,south corea and things like. Snoopy,street fighter But look,theese are asian coins. Im not sure with taxes from asian This could be a problem.the european countrys with no taxes are allowed. You in usa have no taxes on silver coins right ? But medals. What i saw. Platin from belgium has no tax but here 20 %. So the possibility of a tax betray on ebay.
@SilverHeist
@SilverHeist 2 жыл бұрын
Taxes complicate things. Country of dealer, country of buyer, metal type, coin vs bar …. I can barely keep my own country’s rules straight. * * know your country’s rules. Your results may vary.
@bill4572
@bill4572 3 жыл бұрын
Nice buy
@SilverHeist
@SilverHeist 3 жыл бұрын
Thanks!!
@rnp1785
@rnp1785 3 жыл бұрын
Don’t know if I’d buy from China heard they make a lot of counterfeit coins.
@SilverHeist
@SilverHeist 3 жыл бұрын
Very true. These are the exception.
@roninhall1970
@roninhall1970 3 жыл бұрын
is this reason coin shops say not buy from china
@SilverHeist
@SilverHeist 3 жыл бұрын
No coins from China is usually a good policy ... but for this dealer LPM I make an exception.
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