norfed silver fractionals

[Treetop]

Im guessing most people here heard of norfed. during one of my silver buying sprees, there was a ton of norfed silver floating around on ebay, the one ounce rounds, just a bit over the premium of other 1 ounce rounds. which on ebay can be kinda high. I probably paid 4 over spot. im not to worried about those, because silvers gone up a good amount since then.

what Id like to ask, is about fractionals...... for some reason, I got "into" fractionals. Ive got like 25 of the norfed 1/20 of an ounce coins. I think I paid about 6 bucks a piece for these. ive got fractional silver for a bunch of others to. engelhards, and mexican, and some others......

so if there ANY hope of me seeing any price appreciation on these? silver is up a lot since i bought them, and they seem to sell for a bit lower then i paid....

anyone else addicted to fractionals?

[jasmatk]

not worth it you paid $6 each for 1/20 oz thats $120 a oz as silver is $24.03 as of today you paid $96 dollars over spot wow

[JTM3]

I love Liberty Dollar fractionals, but I am a bit too dis-enchanted with the Liberty Dollar/Von NotHaus to act on my lust.

[Treetop]

not worth it you paid $6 each for 1/20 oz thats $120 a oz as silver is $24.03 as of today you paid $96 dollars over spot wow

Well yeah i knew that, I just at the time thought they were neat and had some kind of collector value. Most silver fractionals sell over spot, the smaller they are, the higher. although one time I did get 2 ounces of 1/10 engelhards for 2-3 dollars over spot.

[GA-Silver]

I was just thinking yesterday that I would like to have one of the Norfed rounds just to keep as a collectible.

I wonder if the Republic of Texas folks minted anything??

[JTM3]

I was just thinking yesterday that I would like to have one of the Norfed rounds just to keep as a collectible.

I wonder if the Republic of Texas folks minted anything??

I don't want to jump you on a non-marketplace section of the forum, or there either, but I have a bit of it that I'd be willing to let go of. PM me, if you like. I was a member over at "old" Realcent for almost a year and had good feedback, if you don't remember me.., but you probably don't.

I'd accept the Liberty Dollar, had it not followed a "monetary policy" similar to that of history's most disgusting central banking institutions, except even more flagrant. Basically, as far as I'm concerned, it turned into a scheme to con small businesses and family stores into believing that the rounds were worth their face value in U.S. currency. In actual fact, the face value and spot were VERY far off of each other, especially* when it changed to the $50 base.

*Edit: "at least" changed to "especially"

[Ardent Listener]

I was just thinking yesterday that I would like to have one of the Norfed rounds just to keep as a collectible.

I wonder if the Republic of Texas folks minted anything??

I don't want to jump you on a non-marketplace section of the forum, or there either, but I have a bit of it that I'd be willing to let go of. PM me, if you like. I was a member over at "old" Realcent for almost a year and had good feedback, if you don't remember me.., but you probably don't.

I'd accept the Liberty Dollar, had it not followed a "monetary policy" similar to that of history's most disgusting central banking institutions, except even more flagrant. Basically, as far as I'm concerned, it turned into a scheme to con small businesses and family stores into believing that the rounds were worth their face value in U.S. currency. In actual fact, the face value and spot were VERY far off of each other, at least when it changed to the $50 base.

I wasn't a fan of the Liberty Dollar for about the same reasons. They took the basic premise of the need for a hard money currency and then inflated its implied value far over its bullion value. This is an example how hard money advocates can be duped by those who know what stings of theirs to pull.