Mint No Longer Buying Silver?! | Florida Coin Shop Premiums | Morgan & Peace SALE!

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  • Опубліковано 10 чер 2024
  • Mint No Long Buying Silver?! | Florida Coin Shop Premiums | Morgan & Peace SALE! #Trending
    Serving central Florida for over 8 years, Vermillion Enterprises is Spring Hill, Florida's premier coin shop and gold dealer. Always buying and always selling coins and precious metals like silver, gold, platinum, palladium, and rhodium.
    Give Vermillion Enterprises a call at:
    (352) 585-9772
    Visit our Spring Hill coin shop, located at:
    5324 Spring Hill Drive
    Spring Hill, Florida 34606
    Monday - Friday: 9AM - 4PM EST
    Saturday: 9AM - 2PM EST
    Sunday: Closed
    To learn more about Vermillion Enterprises visit our website at:
    vermillion-enterprises.com/
    Shop our new online coin shop at:
    springhillcoinshop.com/
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    Payment Via Cash, Check, Wire, Zelle.
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КОМЕНТАРІ • 123

  • @vermillionenterprises
    @vermillionenterprises  17 днів тому +3

    To order please call the shop.

  • @moriorinvictus
    @moriorinvictus 17 днів тому +17

    With all due respect, I highly doubt any government official (especially in Canada) is capable or motivated enough to make a strategic move in regards to anything 😂

  • @the3hrdoption637
    @the3hrdoption637 17 днів тому +10

    It was great to meet you guys last week. I really appreciate your prices & doing business with you. If any of you guys in the comment section are watching this video want good deal on silver or gold with a large inventory variety or if you want to get maximum return on selling some silver I highly recommend these gentlemen

  • @MrFargo1001
    @MrFargo1001 17 днів тому +9

    I never realized there were so many experts and no-it-all's until I started watching UA-cam.

    • @vermillionenterprises
      @vermillionenterprises  17 днів тому +1

      LOL....#facts

    • @Two-brothers-stacking
      @Two-brothers-stacking 13 днів тому +1

      You make a great point. I can tell you that in my opinion this is one of the most honest and informative dealers you will ever watch. And I know lots of people that deal with precious metals. You are in good hands with Vermillion.

    • @erichood3169
      @erichood3169 12 днів тому +1

      Im sure your one hes speaking of 😂​@vermillionenterprises

    • @Two-brothers-stacking
      @Two-brothers-stacking 12 днів тому

      @@erichood3169 Yup LOL

    • @Two-brothers-stacking
      @Two-brothers-stacking 12 днів тому

      @@erichood3169 You will like vermillion

  • @terrygrant8126
    @terrygrant8126 17 днів тому +6

    Thank you for the posting my friends!....

  • @StrongStacker1
    @StrongStacker1 17 днів тому +8

    No wonder people are dumping Silver lately across the country, they either need the cash badly or people are saying no thank you if they are going to have a hard time getting paid potentially in the future for their Silver!

    • @vermillionenterprises
      @vermillionenterprises  17 днів тому +4

      not there here in this country yet, hopefully we never see that day

  • @jim7146
    @jim7146 17 днів тому +5

    I am doing my best to buy it all up !

  • @HialeahRefugee
    @HialeahRefugee 17 днів тому +4

    Thanks for the information and keep the videos coming, I know its a lot of time and effort but appreciate it.

  • @jimgoodreau1245
    @jimgoodreau1245 17 днів тому +5

    Back in 1980 it was normal to wait 30 days for your check from Handy and Harmon!

  • @544agent
    @544agent 15 днів тому +5

    Silver is going to $500 and states are already making it legal tender. Consider all the facts people stock up on

    • @user-do4wn5pk4j
      @user-do4wn5pk4j 12 днів тому +5

      WHAT COLOR FENTYNAL JELLY BEANS ARE YOU SUCKING ON
      😂

    • @user-ye8oe8rt7r
      @user-ye8oe8rt7r 10 днів тому

      Silver is not going to $500. Do you really think JP Morgan who controls & manipulates the price & market will allow that?? No!!!!!

  • @andrewkolb6309
    @andrewkolb6309 12 днів тому +2

    I could care less what the mint does I will still buy when I can and keep on buying Silver!!

  • @chiaking2787
    @chiaking2787 17 днів тому +3

    Thanks for the update

  • @user-zl7uf5ii1n
    @user-zl7uf5ii1n 17 днів тому +3

    Good job thank you

  • @72cmcinc
    @72cmcinc 16 днів тому

    Have a great week guys, thanks!

  • @honda_doc6826
    @honda_doc6826 17 днів тому +3

    Thanks.

  • @homesteadaquarius
    @homesteadaquarius 17 днів тому +1

    Great prices!

  • @Nikotromus
    @Nikotromus 17 днів тому +4

    I was thinking about what you were saying Brian. I have no doubt that there is a ton of silver out there. But for me, I barely know anybody who has any of it. I ony know a handful of people, and they don't have much at all.

    • @vermillionenterprises
      @vermillionenterprises  17 днів тому +1

      yeah, few people in the scheme of things own it, most of the public is unaware of precious metals as a whole and benefits of owning it

    • @DrSchor
      @DrSchor 9 днів тому

      i am pretty sure there is more than just a ton

  • @teohsoonkeat3058
    @teohsoonkeat3058 17 днів тому +8

    Keep stacking......silver......price of silver will sky rocket by end of year.

    • @vermillionenterprises
      @vermillionenterprises  17 днів тому +3

      after the election, could be real movement...will be exciting to watch

    • @rumcoke9123
      @rumcoke9123 17 днів тому

      Hope so, as I would love to sell my 22 cost stack at 38 as I did 10 years ago. Silver will always disapoint. It may go to 40, but will come right down.

    • @bendejo9517
      @bendejo9517 16 днів тому

      This is said this every year

    • @kertbert1
      @kertbert1 16 днів тому +2

      You don't know. It could go either way or stay the same is the truth.

    • @IrvLipshitz1951
      @IrvLipshitz1951 9 днів тому +1

      Horse crap, as of today 2 big bullion dealers, SM and JD are not buying any silver. Spot goes up, everybody tries to sell and nobody buys.

  • @user-kt8yt2nn4q
    @user-kt8yt2nn4q 17 днів тому +6

    There's no such thing as too much silver

  • @williamfender661
    @williamfender661 15 днів тому +1

    Sounds like there will probably be a lot of rcm 100 ounce bars, too, hit the market sometime soon.

  • @suvattavus5914
    @suvattavus5914 16 днів тому +2

    Just a crazy move to bluff stackers to sell. When the day comes there will be too little silver around.

  • @greenman5255
    @greenman5255 17 днів тому +4

    With the higher price of silver I think people are getting away from buying higher premium coins and are buying lower premium bars. I know I am.

    • @vermillionenterprises
      @vermillionenterprises  17 днів тому +1

      thank you for watching we appreciate it

    • @kertbert1
      @kertbert1 16 днів тому +1

      I did too. 5 OZ poured at spot + .50 cents.

    • @user-do4wn5pk4j
      @user-do4wn5pk4j 12 днів тому

      I own 4 separate all inclusive ASE'S 123 piece slabbed certified. All are PROOF 70 MintState 70 Special proof 70 Reverse proof 70 Enhanced proof 70 Burnished MINT state 70. All four sets have the 1995W proof 70 and 2019S Enhanced reverse proof 70. All slabbed by PCGS and NGC and certified.

  • @ronrehkopf2664
    @ronrehkopf2664 8 днів тому

    I live in Arizona all the pawn shops are overloaded with silver everybody is selling

  • @aaronritchie7398
    @aaronritchie7398 17 днів тому +4

    6 months! Wow. Glad miners have slower production so hopefully that will help balance the supply issue. Truly an interesting turn of events.

  • @evisceratednation
    @evisceratednation 13 днів тому +1

    Guess there's no demand for the new royal Canadian lizard head coins.

  • @erichood3169
    @erichood3169 12 днів тому +1

    Metal is going to drop and rise 20 times this year. All the data shows silver has to rise long term. The reason for the constant dips is manipulation for gains in the stock market. Appreciate the premium talk though. That was informative.

  • @sebastienloyer9471
    @sebastienloyer9471 16 днів тому

    ❤🎉😊

  • @botat34691
    @botat34691 17 днів тому +4

    I like Turtles

  • @billysmith6284
    @billysmith6284 15 днів тому +1

    I was hoping the price of silver would crash.. I’m buying not selling..

  • @mattmatt6572
    @mattmatt6572 17 днів тому +3

    Hmmm personal check up to 500 can't even get the 20 Oz or 20 peace dollars?

  • @goldbearbunny4787
    @goldbearbunny4787 12 днів тому

    People never think about the fact they may not be able to sell off so easily. And will never buy silver aging in Canada your correct the mark here I nothing like the states even finding othere stickers it rare

  • @lawrencefoster5608
    @lawrencefoster5608 16 днів тому

    I sold some silver the other day at a gold exchange here in Portland and he wasn't giving anything on premiums. I did way better with the straight cheap bars i bought in April for $24.

  • @JFEnterprize
    @JFEnterprize 17 днів тому +4

    20oz is the ideal limit for shipping but what’s it for 90% 30$ face?

    • @vermillionenterprises
      @vermillionenterprises  17 днів тому +4

      I recommend getting over whatever the sales tax threshhold is for your state if you have one

    • @JFEnterprize
      @JFEnterprize 17 днів тому +2

      @@vermillionenterprises ohhhhh $1000 for me then 😆 thought I read might be my states laws that any metal only priced for its pm content isn’t taxed being it’s US coinage. I got some homework to do I guess.

  • @FL5_OGryan405
    @FL5_OGryan405 11 днів тому

    How does the sales tax work for out of state orders? My state doesn’t tax bullion orders. Do you guys have to charge sales tax on all orders?

  • @SkywalkerPMs
    @SkywalkerPMs 17 днів тому +2

    Im coming back home. See you soon!

  • @phonybidder-ifithold
    @phonybidder-ifithold 16 днів тому

    need barbers dimes for my album if you have them need price for each and how much for shipping

  • @andrewmacaller
    @andrewmacaller 17 днів тому +2

    there is a shortage in silver and it will go up big time

    • @mattmatt6572
      @mattmatt6572 17 днів тому +2

      Nah... the paper market is all smoke n mirors. People don't turn in the paper for silver it's just ways rich people speculate.

    • @vermillionenterprises
      @vermillionenterprises  17 днів тому +2

      we definitely are not seeing a shortage on Main Street or at the refineries or with the distributors

    • @buyystocks
      @buyystocks 16 днів тому

      literally tons of silver in our supply.

    • @Karim-ik5ij
      @Karim-ik5ij 15 днів тому

      Lol, no shortage in silver. Don't believe the numbers they are putting out.

  • @percys9427
    @percys9427 17 днів тому +2

    I did not know that the RCM bought silver from Common Folk !

    • @jasonandjulim4163
      @jasonandjulim4163 17 днів тому +1

      They don't, but their suppliers do, and that is why everybody knows that they are not buying right now. The suppliers basically lost one of their biggest customers until they get past the oversupply issue.

    • @vermillionenterprises
      @vermillionenterprises  17 днів тому

      @@jasonandjulim4163 correct

    • @johnstanley8091
      @johnstanley8091 12 днів тому +1

      What about all the excess silver and gold China is buying from America.. Do you know how many companies are front companies that buy for China?

    • @vermillionenterprises
      @vermillionenterprises  12 днів тому

      @@johnstanley8091 I do not...how many?

    • @jasonandjulim4163
      @jasonandjulim4163 12 днів тому

      @@johnstanley8091 When it comes to China, a lot of people do not understand the difference between China government buying and China business and industry buying. China only declares what its government officially buys as a government. Chinese business companies report to the government the amount of silver they trade. Its two separate lines on the accounting ledgers. China, the government, holds silver and other metals as strategic metals which can be deployed for industry or monetary reasons as it sees fit. China holds gold for the same reasons other central banks hold gold. China encourages its citizens to buy gold because that Gold is considered China's gold. All gold in China, whether bought by the people or the government is just one line on the ledger. Companies that sell metal to China are too numerous for any one list.

  • @mysterybuyer3738
    @mysterybuyer3738 16 днів тому +1

    I still think there is a lot less silver than people imagine. Definitely more gold out there available than silver.

  • @thetruth637
    @thetruth637 16 днів тому

    What about platinum?

  • @univalve1
    @univalve1 16 днів тому

    what i dont get is the global demand is ahead of mining production by a couple hundred million ounces. it seems the metal is on the wrong side of demand, ie, the civilian side has excess and the industrial side is short.
    only time will tell if this imbalance sorts itself.

  • @terrydavis5850
    @terrydavis5850 15 днів тому +1

    WHAT DO YOU THINK OF INCLUDING THE DATE OF THE VIDEO IN PRINT?

  • @389293912
    @389293912 16 днів тому

    Yeah, well price just bounced back above 30 so. Are the mints producing coins at the same rate? Thats the real issue.

  • @buyystocks
    @buyystocks 17 днів тому +2

    personal checks up to $500?

  • @anarchistgreg4689
    @anarchistgreg4689 17 днів тому +1

    Flip to gold?

  • @christinanapolitano6837
    @christinanapolitano6837 16 днів тому +1

    Price misdirection in Canada

  • @holdfastjoe8841
    @holdfastjoe8841 17 днів тому +1

    Is cashapp like credit cards? ie the transactions can be reversed?

    • @vermillionenterprises
      @vermillionenterprises  17 днів тому

      as i understand yes, but its also largely the go to for scammers, so we stay away

    • @holdfastjoe8841
      @holdfastjoe8841 17 днів тому +1

      gotcha, I have installed the app but never set it up with a bank account or anything else. I was mostly curious to just take a look at it since they allow the use of bitcoin / lightening. I hope the lightening network continues to grow and becomes a viable option at some point. For now it's just another speculation

  • @jimscherer8072
    @jimscherer8072 17 днів тому

    I live in NYS. Will you charge me NYS sales tax ?

    • @buyystocks
      @buyystocks 16 днів тому

      I think you need to spend $1000.

  • @randyramey3430
    @randyramey3430 17 днів тому +1

    Do you have a RCM 100 OZ bar. Modern (2016 mintage onward) design?

  • @markamberg8362
    @markamberg8362 7 днів тому

    Why doesn't CRM cast 1000oz silver bars and send them to Shanghai and make 10% arbitrage? .

  • @weilee9928
    @weilee9928 14 днів тому

    China silver price +4 us dollars per once and they re ran out of STK.

  • @bosstone100
    @bosstone100 16 днів тому

    Price needs to come down. This price jump is artificial.

  • @lawrencecole6527
    @lawrencecole6527 16 днів тому

    That's because silver isn't a monetary metal, imagine saying no to fair priced money, it's because silver isn't money; did they stop buying gold at it's highest ever price? No. And so it's not an ability to pay issue. Hmm what could it beans.

  • @MH-53E
    @MH-53E 10 днів тому

    Funny how we never heard a peep during the shortage, premium thru the roof. Now that things change a little. "Oh, I don't know if I can buy anymore". Greedy invertebrates...

  • @hendrixsun9372
    @hendrixsun9372 8 днів тому

    They can’t sell what they have

  • @skypuppy7724
    @skypuppy7724 12 днів тому

    Saudi no longer uses the petro dollar which tells me that they are losing confidence in it being the most stable currency. Who can blame them when we can't print fast enough to send it to Ukraine.
    Who will be the buyers from holders of silver when the dollar crashes and silver skyrockets? Certainly not our mint..

  • @abrahams.lincoln6749
    @abrahams.lincoln6749 17 днів тому +1

    Shit is looking bleak….

  • @richardmcconahy3527
    @richardmcconahy3527 17 днів тому +1