Quote:
Originally Posted by warhead
Not at those prices.
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That's what held me up as well. Still I did consider them though, because they are made of silver and silver of course can go up in value so over time they may reach a spot value closer to the cost.
The small 4" statues are $324 for 6 oz. Spot price for silver today is just over $20 per oz so silver invilved is about $120 leaving $204 or so for the small statue. Historical high value of silver is just over $43. At that price it would be $258 worth of silver and only $66 for the statue cost.
That said I buy gold and silver from time to time as investments and you would be WAY better off buying either plain silver rounds or silver bars. For the same money if you bought $324 worth of silver bars today and it went back up to historical high it would be worth around $697 for a profit of $372 rather than just having a reasonable priced statue.