The dealer wasn't able to express it properly, but the pre-33 Double Eagle has less than 1 ounce in it, 30.09 grams. That's why he was telling you to go for the modern 1 oz Eagle which has 31.1 grams of gold.
But the double eagle has a higher premium. I would have went with the pre'33 IF I had to make this trade but I wouldn't have made this trade in the first place, could have done much better.
I did the same. I sold all my silver and turned it into 50 Pesos gold Centenarios. That was about 1 yr ago. Best decision ever. Silver takes too long to see profits. I have zero regrets. I did loose some money honestly when I sold all my silver but damn. My gold Centenarios keep going up while the silver continues to stay around $30. You did good 👍 Hector. I only stack gold now. No more silver for me.
Very good decisions I love it that's how we have to do it gold is keep going up like crazy in the long run we all win thank you for supporting my channel please subscribe
Congrats on your first gold eagle. Early this year I sold a 100 oz bar and a kilo silver bar, total of 132.5 oz so I could buy a rare Mexico $50 peso gold, that gold coin is worth a lot more than what I paid for those 2 bars, and it has 1.2 oz of gold. You made a good move
Honestly I think you should only be stacking gold and or platinum/palladium. Silver gets way too heavy to actually stack a lot of money in. That coin you got is amazing. 100 oz for 1 gold ounce seems like he got the better deal though. You should have sold the silver for spot to one dealer, then bought the gold with cash. He would have charged like 2600 max. Your silver was worth 2860 spot.
Yeah, but most dealers are buying silver back of spot. My dealer pays $1 back of spot for generic silver 1 oz bullion and coins. Silver Canadian Maples will get you spot. And American Silver Eagles will get you about $2 over spot at my dealer. He should have at least gotten about $2746 for his silver, assuming $1 back of spot.
@@chiil034 I have never and will never sell to a dealer for and bullion under spot. I am still not certain what kind of silver he sold because of the shaking camera but ya, even selling for your total in cash then buying the coin, he would have made better off.
Congratulations on your first gold coin. I personally got excited when I bought my first one. I had to get a graded one and a raw one just to show my family. Very cool and you got the nicer of the lot in his case. Recent comp on Ebay for the 1995 American Gold Eagle MS 69 is $2811 as of 9/8/24. Giving up 100oz of silver is ok for something like that especially if you got most of your silver for $25 a piece. I think the next one you should get is a proof Buffalo gold coin.
@@chaicharin thank you for your support at least somebody understand I still believe that gold will reach $3,000 please share the video thank you for your support
@@chaicharin at first I wanted a proof buffalo gold coin but he have it in raw That's why I asked him if he had one in grade it and he said no ... However my next gold will be a buffalo gold coin
Hector smart move in my opinion, I sold all my generic silver for nice profit & turn it all into 7 ounces of Gold at spot price. No regrets at All always could replace my Silver any time of the week. But my money is on Gold each month.
@@JesusGonzalez-oh1nh oh wow that's really good I believe that gold is going to hit 3000 . Thank you for watching my video please subscribe to my channel..
When silver hits $32+ to $33+ ounce that’s the time you go all in on Gold, the problem with silver is manipulated each day & all year long by big industry markets & bankers trading & selling. I love stacking silver any day of the week, but Gold is real preservation of wealth for the long haul & future & time of crisis & high inflation. I believe Gold will keep breaking records high & by the end of 2025 at least $3,000 + ounce.
@@Hector.silver.coin. I agree with you 💯 At least $40+ by this Time. I was at big coin show last month & was talking to Industry Insider in the Markets. This guy advice was simple keep purchasing Gold each month, he didn’t say much about Silver but he mention that Silver is just manipulated a lot. Basically that was his clue to me that Gold is real wealth for the long haul.
Gold seems to be the best choice for metals but I think I would have waited for the gold to silver ratio to drop more, that way you’d get more bang for your buck! This was still a smart move though in my opinion. I probably wouldn’t have gone with a graded gold coin as my first purchase of gold, I would have got a raw one for approximately the same price. American gold Buffalo all day!
I still have the majority of my silver I have so many silver that's why I did the conversion . Trust me I understand what you trying to say we all live and learn
@Hector.silver.coin. it's all good if you were happy with your deal that's all that matters I was very happy when I got my first Buffalo gold coin once you get that first one the others will follow
Exciting! Well I hope it doesn't take 100 oz. for you to get an ounce of gold... Silvers at $31 an oz today... Wow... So I like the gold trade up, but you had some nice silver pieces including higher premium ASE's in your' trade. Utilize your channel & the community to get yourself a better deal my friend. Fun video to watch, just bummed at what you lost out on in silver value... Thanks for sharing, new subscriber...
No .I don't think so because I still have most of my other silver I just need a one gold coin because I believe Gold would reach $3,000 in ounce and silver will reach around 45 to $50 an ounce in the.... Thank you for supporting my channel please share this video video
Back in 2022 and 2023 i traded off $3,000 in silver for gold. One ounce gold African kruggerand. Three fractional gold eagle's 1/10 oz. One great Britain gold sovereign 1/4 oz. That was almost half of my silver. I built up my silver again.
I feel like we have got the same coin Dealer !! I feel like I'm getting ripped everytime I go in. And then to hear the morgans are only worth 20 bucks back !!! Dang it. But how ever yoj want to handle your metal is up you at the end of the day ! Plus your happy man. 💯
So three years ago you paid $25 an once of silver thats exactly what your local coin dealer gave you today . He should of excepted 90 oz. and he still would of made a profit. Shop around before you make the trade.
@@Hector.silver.coin. .. I'm happy for you. I want to do the same thing with my Silver 🥈 too. 👍....Silver easy to find and you can always build up your stack again.
When you've been stacking for years like I have the issue becomes storage trying to store 1000 oz. starts to become a problem, but gold is much easier to store and travel with, so smart move keep stacking friend.
@@robertgarza2134 thank you so much for your support That's why I converted silver to gold because it's most easier to carry you got a point please share this video
Congratulations on your 1st gold coin you stacking wealth now .do your research on slab coins and figure if they are the right move me personally I would have taken the gold Buffalo but that's just me. Enjoy and keep stacking that gold 😊
The gold eagle is worth what the gold eagle unslabbed is worth and nothing more unless you sell it privately or on swcondary market you may get a few pennies more. Nice Eagle btw
Congratulations man! The people who set the spot price for silver hope and pray that we do not convert our silver to gold.. That's why they make the gold / silver ratio so lop sided, Good move my friend!
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Gold Silver ratio is 84:1. Dealer got the better end of this deal by far, but gold is better in my opinion.
I buy your point. I stack gold and silver both. They are all under value.
I think the ratio will continue to rise, but both metals increasing. Won’t be long before it hits 100:1!
Congratulations on your first 1oz Gold coin. Sir.. 👍👍👍 Keep stacking......Life is good......God Bless
Thanks so much for the well wishes!
Congrats! Well done!
@@MargeSchott420 thank you so much please subscribe to my channel and share my videos thank you so much for your support
The dealer wasn't able to express it properly, but the pre-33 Double Eagle has less than 1 ounce in it, 30.09 grams. That's why he was telling you to go for the modern 1 oz Eagle which has 31.1 grams of gold.
But the double eagle has a higher premium. I would have went with the pre'33 IF I had to make this trade but I wouldn't have made this trade in the first place, could have done much better.
This was great! I felt like I was there. Congratulations on your first; very exciting. 👍✌
@@GhostOwl thank you for your support I really appreciate it
Gold is your friend. You can't go wrong!
@@HighSierraBob thank you for your support please share my video
That dealer was jazzed up! Just like on the Wolf of Wall Street, when the main character was preparing to impale the guy over the phone.
Nice video Hector subbed!
Thank you so much
I did the same. I sold all my silver and turned it into 50 Pesos gold Centenarios. That was about 1 yr ago. Best decision ever. Silver takes too long to see profits. I have zero regrets. I did loose some money honestly when I sold all my silver but damn. My gold Centenarios keep going up while the silver continues to stay around $30. You did good 👍 Hector. I only stack gold now. No more silver for me.
Very good decisions I love it that's how we have to do it gold is keep going up like crazy in the long run we all win thank you for supporting my channel please subscribe
This was such a great video, I subscribed! Keep stacking brother!
@@michaelangelobergeron5980 thank you for your support
Congrats on your first gold eagle. Early this year I sold a 100 oz bar and a kilo silver bar, total of 132.5 oz so I could buy a rare Mexico $50 peso gold, that gold coin is worth a lot more than what I paid for those 2 bars, and it has 1.2 oz of gold. You made a good move
Yeah thank you so much you make you made a good deal too I love the Mexican coin thank you for all your support
Honestly I think you should only be stacking gold and or platinum/palladium. Silver gets way too heavy to actually stack a lot of money in. That coin you got is amazing. 100 oz for 1 gold ounce seems like he got the better deal though. You should have sold the silver for spot to one dealer, then bought the gold with cash. He would have charged like 2600 max. Your silver was worth 2860 spot.
Yeah, but most dealers are buying silver back of spot. My dealer pays $1 back of spot for generic silver 1 oz bullion and coins. Silver Canadian Maples will get you spot. And American Silver Eagles will get you about $2 over spot at my dealer. He should have at least gotten about $2746 for his silver, assuming $1 back of spot.
@@chiil034 I have never and will never sell to a dealer for and bullion under spot. I am still not certain what kind of silver he sold because of the shaking camera but ya, even selling for your total in cash then buying the coin, he would have made better off.
Is a pretty good idea I never had a coin of palladium or platinum
@@Hector.silver.coin. I got 4 in 2020 of platinum but admittedly gold would have been a better investment to this point lol.
@@Hector.silver.coin.I have 8 1/2 oz of platinum. Palladium isn't bad but you really got to find it at a spot. Happy Stacking 🤙
I made my exchange a few weeks ago I got 37.5 peso for 104 oz
Same here. I sold all my silver. Turned into 50 pesos Centenarios. They are addictive. I know have 9 total.
Congrats. I know it’s a great feeling to grab that first gold. And you worked hard for it. Keep stacking bro. It pays off over the years
@@massagedude3487 thank you so much I appreciate it
It was tough to see that trade, yet gold will not disappoint you. 👍
I know ☺️☺️ thank you for support
good topic..not many dive into this part of stacking...next you should get a Buffalo.😊
@@Tracy-wr7mj Buffalo that's a good idea that would be my second gold coin
@Hector.silver.coin. thats my goal right now or a half oz.
Gold is the goal. Nice coin and great video. Thank you for sharing your exchange experience.
@@OhYesYes-l6o thank you for supporting my channel please share my video
Gold is better in price value after 5 to 10 years the value of Gold is been double 😊❤
Keep stacking it. Get one of each if ya want. Enjoy em.
@@SHOCKWAVEDAVE yep that's right let's keep stacking thank you for watching my video please subscribe and share the video
That is an exciting video.
The excitement from both sides was evident.
I enjoyed that. TY for sharing.
Glad you enjoyed it!
Wow, that is very nice.
Congratulations on your first gold coin. I personally got excited when I bought my first one. I had to get a graded one and a raw one just to show my family. Very cool and you got the nicer of the lot in his case. Recent comp on Ebay for the 1995 American Gold Eagle MS 69 is $2811 as of 9/8/24. Giving up 100oz of silver is ok for something like that especially if you got most of your silver for $25 a piece. I think the next one you should get is a proof Buffalo gold coin.
@@chaicharin thank you for your support at least somebody understand I still believe that gold will reach $3,000 please share the video thank you for your support
@@chaicharin at first I wanted a proof buffalo gold coin but he have it in raw That's why I asked him if he had one in grade it and he said no ... However my next gold will be a buffalo gold coin
Hector smart move in my opinion, I sold all my generic silver for nice profit & turn it all into 7 ounces of Gold at spot price. No regrets at All always could replace my Silver any time of the week. But my money is on Gold each month.
@@JesusGonzalez-oh1nh oh wow that's really good
I believe that gold is going to hit 3000 . Thank you for watching my video please subscribe to my channel..
When silver hits $32+ to $33+ ounce that’s the time you go all in on Gold, the problem with silver is manipulated each day & all year long by big industry markets & bankers trading & selling. I love stacking silver any day of the week, but Gold is real preservation of wealth for the long haul & future & time of crisis & high inflation. I believe Gold will keep breaking records high & by the end of 2025 at least $3,000 + ounce.
@JesusGonzalez-oh1nh yes you right. Big Time industry is manipulating silver .. silver should be at least 50 Dollar in ounces
@@Hector.silver.coin. I agree with you 💯 At least $40+ by this Time. I was at big coin show last month & was talking to Industry Insider in the Markets. This guy advice was simple keep purchasing Gold each month, he didn’t say much about Silver but he mention that Silver is just manipulated a lot. Basically that was his clue to me that Gold is real wealth for the long haul.
Gold seems to be the best choice for metals but I think I would have waited for the gold to silver ratio to drop more, that way you’d get more bang for your buck! This was still a smart move though in my opinion.
I probably wouldn’t have gone with a graded gold coin as my first purchase of gold, I would have got a raw one for approximately the same price. American gold Buffalo all day!
@@michaelangelobergeron5980 thank you for your support next time I will get the buffalo 🦬
I did the same thing a few months ago and I was really top heavy on silver and still am.
Craziness should have just kept your silver and saved up for 2 or 3 months and purchased that 1 oz coin yourself
I still have the majority of my silver I have so many silver that's why I did the conversion . Trust me I understand what you trying to say we all live and learn
@Hector.silver.coin. it's all good if you were happy with your deal that's all that matters I was very happy when I got my first Buffalo gold coin once you get that first one the others will follow
they will do straight across sometimes giving a deal instead of charging the 100 dealer fee..90 to one
Exciting! Well I hope it doesn't take 100 oz. for you to get an ounce of gold... Silvers at $31 an oz today... Wow... So I like the gold trade up, but you had some nice silver pieces including higher premium ASE's in your' trade. Utilize your channel & the community to get yourself a better deal my friend. Fun video to watch, just bummed at what you lost out on in silver value... Thanks for sharing, new subscriber...
Wow silver just hit 31 dollar an ounce..
And that dealer paid him $20 for his silver rounds. Damn..
Silver price just hit $32 an ounce
Hello. Do you think you'll convert more of your silver into gold in the future? Congrats, on your first ounce of gold!!!😁
No .I don't think so because I still have most of my other silver I just need a one gold coin because I believe Gold would reach $3,000 in ounce and silver will reach around 45 to $50 an ounce in the.... Thank you for supporting my channel please share this video video
I just picked up my first 1oz gold recently too. So crazy to trade in so much silver for 1oz of gold.
i love hearing Trump in the background. congrats on your first ounce of gold
@@jessicanelson-88 😆😆lol
Check out the other video that I made of Donald Trump commemorative coin
@@jessicanelson-88 thank you for your support
Congrats Hector!
@@dandubois9337 thank you for supporting my channel please share my video
Hey I believe the gold will be $3,000
Not if, but when!
That counter is really scratched up!
Nice coin! Interesting exchange with your dealer!
Thank you so much thank you for supporting my channel
trade generic silver, not premium silver for gold 🥇....
I don’t do this with everybody.lol
@@joegravesen9985 😆 lol thank you watching my video .. please subscribe to my channel
That 1924 double eagle was better. Or get a buffalo.
Beautiful coin Hector.
Thank you for your support please share my video appreciate your support
great stack. subscribbed :)
Thanks for the sub!
Back in 2022 and 2023 i traded off $3,000 in silver for gold. One ounce gold African kruggerand. Three fractional gold eagle's 1/10 oz. One great Britain gold sovereign 1/4 oz. That was almost half of my silver. I built up my silver again.
@@Coincollector81 well that's nice I'm glad that you hold on to your gold thank you for your support please share this video
Nice Coin! I might do the same thing! You have any regrets?
Thank you, I'm happy with my decision!
I feel like we have got the same coin Dealer !!
I feel like I'm getting ripped everytime I go in. And then to hear the morgans are only worth 20 bucks back !!!
Dang it.
But how ever yoj want to handle your metal is up you at the end of the day !
Plus your happy man.
💯
Agreed 👍🏽. That was hurtful to watch 😅
yea what was silver spot at the time of this transaction, Morgan 1 oz @ 20 dollars not sure on that one.
always get the highest grade and best year.
So three years ago you paid $25 an once of silver thats exactly what your local coin dealer gave you today . He should of excepted 90 oz. and he still would of made a profit. Shop around before you make the trade.
Congratulations brother... I HONESTLY BELIEVE YOU DID GOOD!! 😅..
Thank you so much for supporting my channel as you know silver price and gold price already went up share this video
@@Hector.silver.coin. .. I'm happy for you. I want to do the same thing with my Silver 🥈 too. 👍....Silver easy to find and you can always build up your stack again.
When you've been stacking for years like I have the issue becomes storage trying to store 1000 oz. starts to become a problem, but gold is much easier to store and travel with, so smart move keep stacking friend.
@@robertgarza2134 thank you so much for your support That's why I converted silver to gold because it's most easier to carry you got a point please share this video
I'll be stacking for 10 years
@@Hector.silver.coin. yea the good old days lol, I started around the same time, I hate looking at old receipts😖
@@robertgarza2134 yep the old days when silver was cheap 👌🏼👌🏼
In those early years I was able to also buy gold, at the time it hurt but now I wish I would’ve bought more gold😖
Silver is a pain in the butt to stack. Sold 99% of mine.
Thank you please subscribe to my channel yeah you're right about silver pain
I would have gone with the pre 33 gold Saint, they're worth more than the gold eagles
@@roncasa55 that is a good choice too maybe if I have the opportunity next time I would do it
1995 gold coin good choice I think.
Thank you
WOW bad idea to use those eagles. you need to bargain a little better deal.
I did not use my American silver eagle I just use silver bars and generic silver rounds. Nope the American eagle is worth more money
IM DOING THE SAME THING. CONVERTING MY SILVER TO GOLD.
Oh wow that is very nice at least keep some silver with you and just in case the price of silver goes up
Congratulations. Moving up. Easier to store, gold gives you more, space and better long term value and fairer liquidity.
@@dleetr thank you so much for supporting my channel please share the video
Would have bought an upgraded AGE or Buffalo or BU raw $20 Double Eagle
@@igglybiggly6951 I really like the buffalo gold coin but it has to be graded...
I like the double eagle too
I did the reverse convrted 1/2 yesterday gold for 3eagles g 6 eagles s and some cash. Ask me why
@@dondesnoo1771 that is great.. because silver price is going up as for now it's 32 an ounce 😲😲 Good for you
Congratulations on your 1st gold coin you stacking wealth now .do your research on slab coins and figure if they are the right move me personally I would have taken the gold Buffalo but that's just me. Enjoy and keep stacking that gold 😊
@@goldbearbunny4787 thank you for supporting my channel appreciate it we live and learn please share this video
@Hector.silver.coin. don't get me wrong that's a beautiful coin you can't go wrong enjoy
Silver price in 2026 will go up 80 percent so buy silver too not just gold
That's why I always say let's keep stacking
Personally I love silver, but cool video anyway.
@@mabeaute8963 thank you for watching my video appreciate it please subscribe to my channel thank you
Keep your silver and buy gold when you can
You have a beautiful 😍 coin.
Thank you so much
The gold eagle is worth what the gold eagle unslabbed is worth and nothing more unless you sell it privately or on swcondary market you may get a few pennies more. Nice Eagle btw
Thank you for your support
Great video man. Good date as well 😊.
Appreciate it!
I did the same thing, yet a week later I bought more silver 😂😂
@@ColtonJohnsonBrice09 thank you for supporting my channel I appreciate it please subscribe and share
Stack silver!
Of course I always going to stack silver
Please share my video thank you for subscribing my channel
Awesome score brother
@@juntao79 thank you for supporting my channel please share this video
💯💯💯💯
Money 💰💰💰💰
Grats man.
Thank you for supporting my channel please subscribe and share the video
😊😊
New sub 🎉
Thanks for subbing!
Keep constitutional focus on gold
@@MikeThePoolGuy That's why I did the conversion to gold
@@MikeThePoolGuy I'm still holding my other silver I still have a lot of silver and silver price just hit $31
Gold is money! 💪😎👍🙏💰🇺🇸
Trust me God will not disappoint me I'm thinking gold 🥇 will reach $3,000 in ounce thank you for your support
Gold is the currency of king's.
Silver is the currency of gentlemen.
Debt is the currency of the poor.
@Coincollector81 wow I really like how you say that 😆😆really good thank you for supporting my channel please subscribe and share my video
❤❤❤❤❤
Silver will follow gold and meanwhile outperform gold . 50 to 1 should be ok
Congratulations man! The people who set the spot price for silver hope and pray that we do not convert our silver to gold.. That's why they make the gold / silver ratio so lop sided, Good move my friend!
@@stephencox8921 thank you for your support
Great deal🤝
Thank you so much for supporting my channel please share this video.. which gold coin do you like the best
You made a great value judgement. But those double eagles are the Holy Grails of coin collections
@@ricardoewok994 you are right next time I'm going for the double eagle
Convert everything to cash
@@rodkeller7350 I just needed one gold coin... And the rest of my silver I'm going to save for a long-term investment
@@Hector.silver.coin.I'm sitting on thirty plus gold coins.
Next time email me I will trade you one of my gold buffaloes for all that silver
@@happymood888 maybe next time 😊 thank you for washing my video
🪙 beauty
Thank you so much