Talk about a rough morning for crypto once again, especially for our Hive ecosystem. I've been watching on and off all morning and it just seems to go down. Here's hoping for brighter days in the near future!
Forgetting about the headache that is crypto at the moment, I'll go back to something that makes me smile. That would of course be silver and gold! So I picked out a coin to share today that has a great design and comes from a part of the world that I truly love, the Caribbean! The coin of the day is from Barbados, at least sort of... In all reality it was produced for Barbados by the Scottsdale Mint in Scottsdale, Arizona. Incidentally another place I happen to love having spent a lot of time there during my years living in Arizona. A two for one on this one!
This particular coin I remember picking up in a coin shop in Long Beach, California. It had some minor issues so I talked the owner down on the price and got a great deal. Not to mention I think this was in 2019 and silver prices were around $16 or $17 at the time. At any rate, here is the One Dollar Trident Coin from Barbados from 2018, who wouldn't want Poseidon's Trident?
About the coin:
From numista.com
I personally love this coin that was produced for only seven years from 2017-2023. I own a few of them but I have considered picking up a collection of one from each year. I just haven't gotten to it quite yet, other things are much higher on the list! They are great coins to add to any silver stack, so if you don't have one yet you should pick one up. Prices aren't too bad on eBay, just make sure it's a reputable seller. There are a lot of scammers out there anymore...
Silver
Silver prices are still looking strong, and I think $70 is likely by Christmas. There is a huge shortage of the metal and demand that is outpacing production, that translates to higher prices. I haven't been buying as much silver since prices went up, it's become expensive! But if I find a deal I'll be buying, it's really a smart move at this point!
Silver is at $65.44 as of the time of writing, so less that four dollar away from that $70 mark. The question is once it's hit, what's next? $75? Higher? No one really knows, it's all part of the fun I suppose! Anyway, here's a silver chart over the last five days:
From kitco.com
The party isn't over yet!
That will wrap up my post for today, I do hope you enjoyed the Barbados Silver Trident coin minted in Scottsdale, Arizona. Please feel free to leave any comments or ask any questions below. Also, thank you for all of your support, it truly is deeply appreciated. Have a great day everyone!
References:
https://www.kitco.com/charts/silver
Disclaimer
I am not a financial planner and this isn't financial advice. Please always do your own research before investing your money. You worked hard enough to earn it!
All pictures are mine unless otherwise indicated.
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