SD Bullion 10 Year Anniversary

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I Traded Some Crypto for Some Bullion

With the sudden rise in value of hive, I figured it was time for a small crypto exchange for some shiny metal. SD Bullion is celebrating their 10 year anniversary and offered a commemerative round at spot price with no markup. It was only $3 over spot anyway and with silver so cheap, this was a great time to leverage the blockchain efforts and convert it into good ol' "lawful money".

Spending crypto always has it's risks, since if the value rises and the purchased asset remains the same, it's a net loss. However the opposite is true also, any asset that maintains it's value, will preserve wealth.

Most of my silver was bought while silver was low, between $14 - $16 USD. Every ounce that I've purchased has preserved it's value, even increasing 20% - 30% or more. The metal is also highly tradable and negotiable.

Trade volitile and virtual crypto for a stable and physical metal coin.

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It's an enjoyable unboxing experience with everything packed so nicely.

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I picked up a bunch of copper rounds (which are becoming scarce) to add to the stack.

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The mighty buffalo copper round.

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Benjamin Turner: God fearer. Rooted in Messiah. Husband of @lturner. Father of six wonderful children. The guy behind the camera. Blockchain enthusiast.

Bless the Most High!

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16 comments
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You received an upvote of 100% from Precious the Silver Mermaid!

Thank you for contributing more great content to the #SilverGoldStackers tag.
You have created a Precious Gem!

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I've seen SD Bullion ads and on YouTube but never got around to buying from these retailers, and now it's been ten years already for these people.

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Congratulations @ironshield! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):

You published more than 1800 posts.
Your next target is to reach 1900 posts.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

To support your work, I also upvoted your post!

Check out the last post from @hivebuzz:

Hivebuzz supports the HiveFest⁷ Travel Reimbursement Fund.
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Beautiful 💘 how I wish I could get near spot value. I just purchased at nearly 30% over spot. Post incoming!!

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I'll keep a look out for that post, it's rare to find silver at a reasonable price over spot value.

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The premium for silver coins is still high. I never thought of that before, copper rounds are physical metals can stacking !

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The premium for silver coins is still high

I used to get silver $0.30 over spot, now getting it $3.00 over spot is a good deal! I don't see it ever going down.

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Right on nothing wrong with diversification, nice edition to the stack

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"A braw baroochie o' hodden shiny mate!" 😉 -Keptin
C-Slane-12.jpg

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buy low, sell high then buy bullion. What a brilliant strategy!

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Even better... blog to earn, sell high, then buy bullion. How much per ounce? Once moon, maybe one or two posts!

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I think my country should start buying and selling silver coin like this also

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