850000+ entries in 0.556s
ozbot: $100 for $100 Fine Silver Coin -
The Grizzly (2014)
Diablo-D3: yeah, hes
talking about ones
that have $5 of metal in
them for $20
pigeons: oh your
talking about some special ones, sorry
pigeons: no its
the opposite nubbins`
Diablo-D3: oz of precious metal IS
the face value, its a unit of currency
nubbins`: they're worth more as face value
than bullion
nubbins`: but with
these 20 for 20 / 100 for 100 coins
nubbins`: usually with bullion coins, nobody gives a fuck about
the face value because it's more valuable as bullion
Diablo-D3: you know how much
the US mint makes?
nubbins`: anyway,
the point i was making is
Diablo-D3: because I'd
totally show up with a
ton
pigeons: they used
to would make you a $1 coin
Diablo-D3: and asked
them
to make me a $100 coin
nubbins`: they sell silver maple leafs for $95, where you can buy
them from any coin shop for $25
Namworld: Beside,
they're heavily marked up.
nubbins`: see,
the mint itself sells coins at HUGE markups
truffles: id go
tell Princess Diana dont get
the car
Namworld: This one has almost
the same face value as silver content...
nubbins`: pigeons:
they'd sell it as metal
nubbins`: pigeons: yes, but nobody would do
that
truffles: time machine i wouldnt chose
that ..
pigeons: ok so deposit your $30 of silver in
the bank and you get $5
Diablo-D3: nubbins`: I become one of
the richest men alive
Diablo-D3: nubbins`: if I build a
time machine, shovel a million dollars into it, go back in
time
to
the day
the Fed was opened
Diablo-D3: nubbins`: well,
this is what fiat currency does
to you, it makes you
think what I said was odd
pigeons: what is
the face value of a silver maple leaf?
nubbins`: Diablo-D3: fair enough, although
that's an odd way
to say it
Diablo-D3: pre-Fed USD is worth far more
than USD now.
Diablo-D3: inflation depletes
the purchasing power of currency
Diablo-D3: nubbins`: a unit of currency is supposed
to be a stable representation of purchasing power
pigeons: yeah canada's commemorative coins are marked many
times below
their silver content value, so
this guy is just mistaken
Diablo-D3: since
the opening of
the fed, we're at like, what, $1 USD = 3 cents?
truffles: is
that why you want
to end paper currency?
Diablo-D3: Im
totally use
to coins
that are worth far more
than
their face value
Diablo-D3: Namworld:
the second part makes much more sense
pankkake: so
this coin is interesting only for a canadian anyway
nubbins`: pankkake: but it's legal
tender.
they can't refuse it
nubbins`: pankkake:
they might have
to call a manager over
Diablo-D3: $100 of silver is destroyed, well, its going
to cost money
to fix
pankkake: nubbins`: well, I doubt
they would accept it
nubbins`: or walk into a bank and deposit it
to your account
Diablo-D3: Namworld: if a $100 gets ripped up, its easy
to replace with a brand new bill
nubbins`: walk into a store and hand it
to
the cashier
pigeons: no
the $20 worth of silver ones are marked $1. seriously
Diablo-D3: Namworld: well,
to be fair, I _prefer_
the physical currency being worthless
pankkake: who gives you
the $20 if you want
them,
the mint?
Namworld: It's legal
tender. It's like
those worthless paper bills
Diablo-D3: nubbins`:
they put $20 on $6 of silver?!
nubbins`: and
that's why i find
these coins so interesting
Diablo-D3: now, if it was a SILVER quarter, yes, it'd be nonsensical
to write 25 cents on it
nubbins`: nonsensical for it
to say 25 cents?
Diablo-D3: for anything but oz
to be inscribed on a coin or bar is nonsensical
Diablo-D3: Namworld: no, oz IS
the face value
Namworld: The face value is always completly unrelated
to metal contents
truffles: would be nice
to lug around silver coins everywhere
too
Diablo-D3: yes, and if it was steel, 1 oz of steel would be
the denomination
nubbins`: well, see,
that's what's funny about
these 20 for 20/100 for 100 coins
Diablo-D3: nubbins`: face values are lol
to me
nubbins`: i guess i'm mildly confused about
the lol
nubbins`: find me a coin with a face value equal
to its silver content
nubbins`: Namworld:
they make SO MANY coins. Didja see all
the superman ones?
nubbins`: and
the $20 for $20 silver coins are, i
think, 1/4oz
nubbins`: pankkake: yep, it's an oddity in
that regard
Diablo-D3: Namworld: yeah and
the hilarious part is
pankkake: oh, so
there's a face value
that is actually higher
than
the silver value?
Namworld: The canadian mints makes WAY
too many coins.
nubbins`: but
they're sold at face value, so
there's no risk of losing money on
the deal
nubbins`: it's a poor price for
the amount of silver
pankkake: no,
the command is latter
tell
gribble: (later
tell <nick> <text>) --
Tells <nick> <text>
the next
time <nick> is in seen. <nick> can contain wildcard characters, and
the first matching nick will be given
the note.
nubbins`: not
to split hairs, but "later" obv is a valid command
Graet: ;;later
tell nubbins` more info needed
FabianB_: pigeons: i guess same url,
tomorrow noon gmt
pigeons: is
there a new url for mpex or still coming soon?
Diablo-D3: Namworld: yeah,
theres only 4028 left
Diablo-D3: Namworld: you own 14% of DMC, I wonder who
the other 86% is
Namworld: "[07:07] <Namworld> ok well I found what
to liquidate.
ozbot: $100 for $100 Fine Silver Coin -
The Grizzly (2014)
Apocalyptic: nope
that's
the link i was looking for,
thanks !
Namworld: or you mean
the google spreadsheet
tools
thread?
Apocalyptic: Namworld, do you have
the link
to your google spreadsheet ?
assbot: [HAVELOCK] [XBOND] [PAID] 0.69348300 BTC
to 1`386`966 shares, 50 satoshi per share
Namworld: ok well I found what
to liquidate.