BonesOfTheMoon@lemmy.worldM to InsanePeopleFacebook@lemmy.world · 5 months agoSovcit is getting foreclosed on, will buy a new house with 10 silver coins.lemmy.worldimagemessage-square122linkfedilinkarrow-up1296arrow-down16
arrow-up1290arrow-down1imageSovcit is getting foreclosed on, will buy a new house with 10 silver coins.lemmy.worldBonesOfTheMoon@lemmy.worldM to InsanePeopleFacebook@lemmy.world · 5 months agomessage-square122linkfedilink
minus-squareTragicNotCute@lemmy.worldlinkfedilinkEnglisharrow-up112·5 months ago I’ve heard you can apparently buy a house with 10 silver coins, the original deed, 2 witnesses present and 2 secretaries present is this true? Yes, this is true. Provided the seller is a dumb dumb who will accept 10 silver coins (~$400 USD) for a house while 4 of their friends watch in awe.
minus-squareEx Nummis@lemmy.worldlinkfedilinkarrow-up34·5 months agoOnly if those are coins of a full ounce of silver, even. Nothing is specified so they might as well be dimes instead.
minus-squareTragicNotCute@lemmy.worldlinkfedilinkEnglisharrow-up6·5 months agoI was gonna give this fake seller the benefit of the doubt. Surely he’d request American Eagles at least.
minus-squarerainwall@piefed.sociallinkfedilinkEnglisharrow-up19·5 months agoIt’s likely worse than that, even. “Silver coins” in sovcit often mean silver in color, i.e. quarters. Dude wants a house for $2.50.
minus-squareGerudo@lemmy.ziplinkfedilinkarrow-up11·5 months agoThere are silver content quarters, pre 1964 I think? These are the ones they use, or attempt to use because it’s all bullshit anyway.
minus-squarethedruid@lemmy.worldlinkfedilinkarrow-up1·5 months agoThe thinking is that there’s real value in silver. The ones made today aren’t actually worth thier face value in materials. Isnt gonna get a house, but i like the sentiment that my physical money has real physical value. Course. We need to hasten the apocalypse, so why not just make up numbers in the cloud instead
minus-squarehypnicjerk@lemmy.worldlinkfedilinkarrow-up4·5 months agowhat’s the point, he’s just gonna get outbid by the loch ness monster
minus-squareclif@lemmy.worldlinkfedilinkarrow-up7·5 months agoI thought you were mathing wrong since I’ve rarely seen it above $25 (not that I’ve checked in a loooong time) so I looked up the current spot price. Damn, nearly at $40US/ozt. … I should sell some of these silver coins I inherited.
Yes, this is true. Provided the seller is a dumb dumb who will accept 10 silver coins (~$400 USD) for a house while 4 of their friends watch in awe.
Only if those are coins of a full ounce of silver, even. Nothing is specified so they might as well be dimes instead.
I was gonna give this fake seller the benefit of the doubt. Surely he’d request American Eagles at least.
It’s likely worse than that, even. “Silver coins” in sovcit often mean silver in color, i.e. quarters.
Dude wants a house for $2.50.
There are silver content quarters, pre 1964 I think? These are the ones they use, or attempt to use because it’s all bullshit anyway.
The thinking is that there’s real value in silver. The ones made today aren’t actually worth thier face value in materials.
Isnt gonna get a house, but i like the sentiment that my physical money has real physical value.
Course. We need to hasten the apocalypse, so why not just make up numbers in the cloud instead
what’s the point, he’s just gonna get outbid by the loch ness monster
But what about one “original deed”?
The seller might have it
I thought you were mathing wrong since I’ve rarely seen it above $25 (not that I’ve checked in a loooong time) so I looked up the current spot price. Damn, nearly at $40US/ozt.
… I should sell some of these silver coins I inherited.