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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (16849)4/6/2011 4:08:52 PM
From: Kirk ©  Read Replies (2) | Respond to of 219562
 
I had crab Louis for lunch yesterday at Scotts in Palo Alto (far left) then we stopped at "The Coin Broker" for a chat.

coinbrokerpaloalto.com

The outdoor mall was packed and we had to drive round and round until a space opened all the way on the right of the map.



The place was not busy despite the full mall but there was another customer keeping the two people there busy. The guy was nice. He answered questions about my gold and silver coins at home plus my girlfriend's "states quarters" collection that confirmed what I told her before... they were worth 25 cents each... but didn't push to buy or sell anything.

He said silver coins are running 18x face... so a silver quarter in my collection is worth $4.50 just for the silver and could have a bit more value if in good condition, etc...

Also learned the 2.5 dollar gold coin I have has 1/4 an oz of gold so worth the gold plus a bit more if in good condition (it is)

The economy is BOOMING if judged by the rich neighborhood... Palo Alto near Stanford... Growing up with little money, it always amazes me to see high school kids buying $15 sushi lunches.... at least there were no high schoolers in Scotts! (Maybe we missed them!)

KEY: Interesting the gold store was not packed at lunch time given how manias go... so that is anecdotal for sure, but the time to worry is when it is packed at the lunch hour, no?