Finding 5lbs of sterling silver in my closet=knife collection expansion :D

Kitten Party

Kitten Party

Joined
Jun 9, 2014
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Thought it was all plated, turns out its 90% sterling and worth a decent chunk of cash. sold a little over half of it for $600. Went on a pawn store rampage (picked up a letherman wave for $25! perfect condition), ordered a paramilitary 2, and a Kizer KI401X-EC3 .

Does anyone have that Kizer or a similar one? I have only heard good things.
 
I've got the 401B, great knife, well worth the money in my opinion. I have accumulated 3 Kizers and I'm impressed. Seemss like there are a few that slip through quality control, but overall they're great for the money.
 
dldavis197 said:
I've got the 401B, great knife, well worth the money in my opinion. I have accumulated 3 Kizers and I'm impressed. Seems like there are a few that slip through quality control, but overall they're great for the money.
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Glad to here your positive experience as I don't really see Kizer as being a great company for shipping your knife off to for repairs... The dang things look like they should cost ~$400-500 so it seems some major performance or production issue aside, I imagine it is hard to be disappointed at the price point.
 
Are you referring to the Kizer, or the selling of silver? most of my knife purchases are not for "investment" but I bet that it would have just as good as resale as most knives. I still have half the silver and its not going anywhere. Its not like I found a bar of gold or something lol.
 
You found $1361 worth of silver. Sold over half of it for $600 to buy some knives.

So you sold an appreciating asset (silver) to buy a depreciating liability (knives).

The value on the silver is only going to go up while the value on the knives is just going to keep going down.
 
NorthernSouthpaw said:
I see your point. I'd probably be looking to get a Chaves or maybe ordering a custom Curry, But to each his own. If it makes him happy........
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It doesn't matter what knife it is. No knife will hold it's value or appreciate in a stable manner like silver will over the long term.
 
Scurvy092 said:
It doesn't matter what knife it is. No knife will hold it's value or appreciate in a stable manner like silver will over the long term.
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I was being sarcastic. I guess my emoticons didn't post. But, I do stand by my last statement. If it makes him happy who am I to judge what is a good investment. Is selling gold to fund a family trip a wise investment? Is there a really a price tag on joy? I have no idea what KP's financial situation is so this is all I'll say on it.
 
Scurvy092 said:
You found $1361 worth of silver. Sold over half of it for $600 to buy some knives.

So you sold an appreciating asset (silver) to buy a depreciating liability (knives).

The value on the silver is only going to go up while the value on the knives is just going to keep going down.
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So every time you reach in to your pocket and pull out $600 worth of cash/credit card you buy silver instead of a knife? Are you on public internet at the library? Do you walk to work? Not everything has to be an investment.....
 
JBjunior said:
So every time you reach in to your pocket and pull out $600 worth of cash/credit card you buy silver instead of a knife? Are you on public internet at the library? Do you walk to work? Not everything has to be an investment.....
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Would you sell stocks in order to buy a knife?
 
Scurvy092 said:
Would you sell stocks in order to buy a knife?
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C'mon brother, your getting a little too caught up in this. Just because YOU wouldn't, doesn't mean HE shouldn't. And remember , this is found money, not invested money. Huge difference. For all we know he could have 5 mil sitting in his 401k.
 
Scurvy092 said:
Would you sell stocks in order to buy a knife?
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Its their life...so what if they wanted to sell silver to buy some knives? How does that effect you?
Yea you can say your opinion but you already made your opinion clear so let them be
 
Scurvy092 said:
Would you sell stocks in order to buy a knife?
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Would I? No. But it isn't my money.

If I could buy a stock today for $100 or a knife today for $100, am I also not doing myself a dis-service for every $100 I don't use to purchase the stock? If he could buy the silver for the same price tomorrow (or less, it isn't always an appreciating asset) it wouldn't necessarily be that bad of a deal.
 
Scurvy092 said:
Would you sell stocks in order to buy a knife?
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In 2007 it would have been a heck of a good idea...

Like someone said, you can't take it with you. Buy what you want. Funny you're pooing on a guy for buying knives on a knife forum....
 
Scurvy092 said:
You found $1361 worth of silver. Sold over half of it for $600 to buy some knives.

So you sold an appreciating asset (silver) to buy a depreciating liability (knives).
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Of course he did. He has already made a nice profit on the silver, and silver doesn't do worth a damn in your pocket when you need to cut something. Heck, I sold guns to buy knives. Guns were of little use to me any more; my knife hobby has been really fun to buy/sell/trade.

Your statements are based on the premise that he has plenty of liquid money to buy knives. Most of us don't. At least, I don't.
 
Let's get this back on track folks, it wasn't the opinion of one person. If someone has money to spend, they can do whatever they like with their money. Who are we to judge.
 
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RevDevil said:
Let's get this back on track folks, it wasn't the opinion of one person. If someone has money to spend, they can whatever they like with their money. Who are we to judge.
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Well said!

I have a wave and PM2. Great tools. I have my eye on a couple kizers as well. I think you made fine choices!
 
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