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Re: LODE MAKING ME RICH post# 19749

Wednesday, 10/15/2014 6:06:48 PM

Wednesday, October 15, 2014 6:06:48 PM

Post# of 24287
Wow, that is absurdly overpriced. That is the most expensive non-numismatic silver bullion coin I have ever heard of. If they sell a bunch maybe lode can finally turn a profit (sarc). I guess that is one way to raise their average silver price sold.

Weren't the originals ~$50? I thought that was overpriced as well. The whole thing seemed kind of gimmicky, since there were millions of ounces of Comstock silver produced (I have some in my vault) and GSPG was producing in '03. So Comstock restarting in '11 isn't some event that should herald a 100% let alone the current 400% premium, especially since Comstock silver is common.They should be like FMJ or one of the others that sells actual bullion instead of a coins with with dubious "collectable" value.

The only scenario I can envision where a Comstock 1 oz round is worth $100 is when silver is at $85/oz.
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