Wassail, traveler, and welcome to The Gable Grey -- a place of retreat, of renewal, and of resistance: a tree-shaded refuge in Dark Times. Now pass the threshold, and rest from journeys! For a cold wind is blowing; and here, if you wish, you may hear tidings of the world without...

Saturday, January 2, 2010

Ebay Auction of the Moment

http://cgi.ebay.com/1964-P-Silver-BU-Kennedy-Half-Dollar-81352_W0QQitemZ280439303592QQcmdZviewItemQQptZCoins_US_Individual?hash=item414b7c2da8

Note that this auction is for a Kennedy half dollar minted in 1964, the last year for 90% silver coins issued by the U.S. Mint for general circulation.  At $10 plus $1.95 shipping, this is well above the current melt value of $6.  Melt value, though, does not take into account factors including the coin grade, and I imagine the mint state of the coin here would drive the value higher.  Regardless, as a comment I recently read about gold said (paraphrasing):  "Regardless of the dollar value, the weight stays the same."  You will have 12.5 grams of silver, essentially gaining that in trade for what is in reality worthless "funny money" printed by the shadow banks of the Federal Reserve.  I for one will take the silver, any old day.

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Whiles carried o'er the iron road,
We hurry by some fair abode;
The garden bright amidst the hay,
The yellow wain upon the way,
The dining men, the wind that sweeps
Light locks from off the sun-sweet heaps --
The gable grey, the hoary roof,
Here now -- and now so far aloof.
How sorely then we long to stay
And midst its sweetness wear the day,
And 'neath its changing shadows sit,
And feel ourselves a part of it.
Such rest, such stay, I strove to win
With these same leaves that lie herein.

-- William Morris, from
"The Roots of the Mountains"