Happy Tuesday PMsforSale! I hope everyone is having an awesome day and still stacking! Here’s the Goods.
Engelhard 10 oz Waffleback Engelhard 10 troy ounces waffleback. 999+ fine silver. Serial P112988. Some slight waffling on the reverse. - $335
Engelhard 10oz C Series silver bars Engelhard 10 troy ounce silver bars. 12 series “pebble backs”. Serial numbers C134869 and C134874. Two available. $290 each
Omega M & B Mining Co 10oz vintage silver bars Vintage Omega M & B Mining Co 10 troy oz silver bars. Classic vintage refiner! Two available. - $430 each
Nevada Coin Mart 10oz vintage silver bar Nevada Coin Mart 10oz vintage silver bar. Nice smoky patina. Notice the slight error in the spacing between the “1” and the “0”. Great character! - $330
Perth Mint vintage 1 gram gold The Perth Mint 1 gram left-facing vintage gold bar. Still in original assay. - $85
Geiger original 1 gram gold Geiger original 1 gram gold squares. Great presentation and packaging. 7 available. -$79 each
1913 $5 Gold Indian Half Eagle 1913 $5 Gold Half Indian. Mintage 916,099. Please see pics for condition. - $590
1869-S $5 Gold Liberty Head Half Eagle 1869-S $5 Gold Liberty Head Half Eagle. Mintage 31,000. Please see pics for condition. - $485
1908-D $10 Gold Indian Head Full Eagle 1908-D $10 Gold Indian Head Full Eagle. Mintage 836,000. Please see pics for condition. - $1200
1985 Engelhard The American Gold Prospector Half toz 1985 Engelhard The American Gold Prospector Half toz. Much lower mintage than the 1 oz gold rounds. Has some copper spotting. Comes in capsule. - $1185
Johnson Matthey Gold Republic National Bank of New York 1 toz Johnson Matthey Gold Republic National Bank of New York 1 toz. 99.99 fine gold. - $2025
1981 Libertad 1 Onza Oro Puro 1981 Libertad 1 Onza Oro Puro. 34.5585 grams of 90% gold or 1 troy oz of fine gold. - $2085
1986 Silver Proof Libertad Duo 1986 Silver Proof Libertad coins. Both coins come with original packaging and COA. 30K mintage. - $69 each
1984 Silver Libertad MS67 Duo 1984 Silver Libertad. Both consecutively graded MS67 by NGC. - $67 each
1985 Silver Libertad 1985 Silver Libertad. 1 Onza Plata Pura. Ley .999. Circulated condition. - $34
1989 Silver Libertad 1989 Silver Libertad. 1 Onza Plata Pura. Ley .999. Circulated condition. - $34
1994 Silver Libertad 1994 Silver Libertad. 1 Onza Plata Pura. Ley. 999. Semi-key date. 400K mintage. Circulated condition. - $40
2012 Silver Libertad 2012 Silver Libertad. 1 Onza Plata Pura. Ley .999. Circulated condition. Has slight toning on the rim. - $32
2015 Silver Libertad 2015 Silver Libertad. 1 Onza Plata Pura. Ley .999. BU, straight from a tube, however some milk spotting. 6 available. - $36 each
2016 Silver Libertad 2016 Silver Libertad. 1 Onza Plata Pura. Ley .999. Looks BU. Comes in capsule. - $36
2018 Silver Libertad 2018 Silver Libertad. 1 Onza Plata Pura. Ley .999. Looks BU. Comes in capsule. - $36
2021 Silver Libertad 2021 Silver Libertad. 1 Onza Plata Pura. Ley .999. Looks BU. Comes in capsule. - $36
Johnson Matthey 1 oz silver bars Johnson Matthey 1 oz silver bars. Still sealed in original packaging. 7 available. - $28.75 each
1984 Engelhard American Prospector 1984 Engelhard The American Prospector. Eagle Obverse. One troy ounce of 999+ fine silver. - $31
Engelhard 1 Troy oz. Silver Bar Engelhard 1 Troy oz. Silver Bar PL98723. - $31
USVI A-Mark Silver Stacker USVI A-Mark Silver stacker bars. 1 troy ounce of 99.9% fine silver. Made in 1981 in Anaheim. 10 available. - $39 each
1981 Hoffman Unicorn Hoffman and Hoffman Vintage Silver around. Made in 1981. One Oz. Fine Silver .999+. - $36
Rarities Mint Silver Rounds Rarities Mint vintage silver rounds. Defunct refiner out of Anaheim, California. Two types available. - $30 each
US Assay Office Vintage Silver Rounds US Assay Office Vintage Silver Rounds. 1 troy ounce of .999 fine silver. Made in 1981 by Continental Coin & Jewelry in Van Nys, California. 4 available. - $29 each
Hexagon Silver Trade Units Vintage hexagon-shaped, The International silver Trade Units. 1 troy ounce of silver each. 2 available. $28 each
St Helen’s Silver Rounds Mount St. Helen’s silver rounds made by The Crown Mint for Pan Pacific Rare Coins in Oregon City, Oregon to commemorate the volcanic eruption. Mount St. Helen’s is named Lawetlat'la to the indigenous Cowlitz people. Comes with COA and all original packaging. Each silver round is 1 troy ounce of .999 fine silver. Consecutive serial numbers 1798 & 1799. - $45 each
🔬 All items are verified on a Sigma Precious Metals Verifier or better.
📸 I’m happy to provide any additional pics.
💸 Zelle is preferred. Venmo, Google Pay, and PayPal G&S +3%, also accepted.
📫 USPS shipping cost is calculated upon transaction. Tracking is provided on all purchases.
✍️ Domestic USPS Registered Mail (which includes insurance that covers bullion) is an additional charge at your request.
😊 Thanks for looking!

When we think of economics, we think of markets, and when we think of markets, we think of private incentives moving towards a socially optimal allocation of resources through the invisible hand. Each firm sets its marginal cost equal to its marginal revenue and each consumer pays the price up to their marginal utility. We see in a Hayekian sense how the price system delivers information through no means of its own. Risk and return are adjusted towards equilibrium, and in viewing through this lens, we know how work in finance and asset pricing from Chicago to Yale can tie into the heart and roots of economics built by Smith and Hayek. It is through this lens we see risk and its compensatory returns
The Fama-French three-factor model is an economic model that arose from the need for an empirical asset pricing model to test the efficient-market hypothesis (EMH) in the 1990s. This model was proposed by University of Chicago professors Eugene Fama and Kenneth French in response to empirical evidence against the Capital Asset Pricing Model (CAPM), which initially worked as strong evidence in favor of EMH. However, the empirical evidence of volatility in stock prices and dividends inconsistent with market efficiency led to the development of the Fama-French model
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The original Fama-French three-factor Model
Originally meant to be a counter to Robert Shiller's 1980 paper on discount rates, the three-factor model served as a response to plenty of empirical evidence against the CAPM.
In asset pricing, there is a famous theory developed by Fama known as the efficient-market hypothesis. There are three forms of EMH: the first one, the weak form, states that past prices do not predict future returns, i.e. they are independent of one another, the second one, the semi-strong form, says that asset prices reflect all publically available information, disincentivizing the public from active investing to the profit of private insiders.
The second form is the one most strongly supported by empirical evidence through event studies
The third form, the strong form, states that asset prices reflect all information. private or public, making inside trading unprofitable.
To test EMH, one needs an empirical asset pricing model, thus we have the Joint hypothesis problem.
The CAPM was developed in the 1960s to help explain stock-market returns; initially, it worked as strong evidence in favor of EMH
Only in the 1980s did empirical evidence against CAPM and thus EMH was born. A group of behavioral and Keynesian economists, including the great Robert J. Shiller, came in with evidence of volatility ins stock prices and dividends inconsistent with market efficiency. CAPM could now explain only 60% of stock-market returns.
Fama, Cochrane, et al. found it hard to reconcile with this until the early 1990s. Noticing various stock market risks and using factor-analysis Fama, et al. found three additional risk factors to explain over 90% of stock-market returns. This would lay the foundation for groundbreaking academic work in Fama and French (1992).
The Fama-French model is an econometric model in asset pricing used to predict stock-market returns based on three risk factors, with two additional risk factors added later. It considers the outperformance of small versus big companies, the outperformance of high book/market versus low book/market companies, and the market excess return as necessary to counter the additional risk. The model helped explain over 90% of stock-market returns, and the research behind it earned Eugene Fama, Robert Shiller, and Lars Hansen the Nobel Prize in economics in 2013.
While the Fama-French model was a major advancement in finance, it has also faced criticisms. Some argue that it relies too heavily on past performance data and ignores other relevant information
Shiller and Hansen's work on behavioral finance and econometric tests of asset pricing also contributed to the development of the Fama-French model. Shiller's research showed that investors do not always behave rationally and that their decisions are often influenced by emotions and behavioral biases. This finding challenged the traditional assumption of rational investors in economic models.
Hansen, on the other hand, developed statistical tools to test asset pricing models, which provided a more rigorous and accurate way to evaluate theories in finance.
With this new wave of research on factor premiums and the beginnings of financial economist Cliff Asness, behavioral finance proponents would need to come up with research against EMH that wouldn't show up nearly a decade later in the early 2000s
You'd think the Nobel committee would be against giving the prize to research opponents. Instead in 2013, the Nobel Prize in economics was awarded to Eugen Fama, Robert Shiller, and Lars Hansen, for their empirical work on market efficiency, behavioral finance, and econometric tests of asset pricing respectively.
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The winners of the 2013 Nobel Prize in Economic Sciences
Their research would serve as the background for Fama and French (2015), where two additional risk factors were added.
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The updated Fama-French model
Without this credibility revolution in finance, the capital markets would be less information efficient and result in less income per capita for not just the big guys and Wall St., but for the average Joe too. Through no altruistic motive of their own, the profit motive moves millions of traders towards optimal equilibria allowing low trading costs, speed of information, no Pareto improvements, and the free-riding of stock-market returns to savvy investors like you and me.

LVMPD Traffic Alert ACCIDENT (TRAFFIC) SPENCER ST and E FLAMINGO RD 3/28/2023 5:24:06 PM incident #LLV230300122693

There is extremely limited 7 service while EMS and NYPD provide medical help for someone at Vernon Blvd-Jackson Av.
Boarding Change:
Flushing-Main St-bound trains will depart from the 34 St-Hudson Yards-bound track from Grand Central-42 St to Hunters Point Av.
Travel Alternatives:
LIRR is cross-honoring MetroCard holders and OMNY users between Penn Station/Grand Central Madison and Flushing-Main St.
Consider taking an E, F, N, R, or W train for service between Queens and Manhattan.

Need some help with an unexpected vet bill will pay possibly before but the latest next pay day 4/11/23 Thanks for considering

LVMPD Traffic Alert ACCIDENT (TRAFFIC) COPPER SAGE ST and E CRAIG RD 3/28/2023 4:51:07 PM incident #LLV230300122582

LVMPD Traffic Alert ACCIDENT (WITH INJURY) S 10TH ST and E CLARK AVE 3/28/2023 4:50:19 PM incident #LLV230300122579

As a lifelong fan of the Harry Potter series, I (33f) had put off reading The Cursed Child. Until now. Despite what I had been warned (i.e. don't read it...), my curiosity finally got the best of me.
I just finished reading it and I feel as though I may actually wake up in St. Mungo's recovering from some dreadful hex. I.... I'm just so, so sad. And confused.
How was this "book" allowed to happen? Help.

59': Canada 3-0 Honduras

Canada scorers: Cyle Larin (8', 11'), Jonathan David (49')
Venue: BMO Field
Auto-refreshing reddit comments link
LINE-UPS
Canada
Milan Borjan, Scott Kennedy, Derek Cornelius, Alistair Johnston, Jonathan Osorio, Ismaël Koné, Stephen Eustáquio, Alphonso Davies, Tajon Buchanan, Cyle Larin, Jonathan David.
Subs: Sam Adekugbe, Charles-Andreas Brym, Thomas McGill, Kyle Hiebert, Dominick Zator, Victor Loturi, Mark-Anthony Kaye, Ayo Akinola, Dayne St. Clair, Richie Laryea, Atiba Hutchinson.
^{____________________________}
Honduras
Luis López, Denil Maldonado (Marcelo Pereira), Johnny Leverón (Walter Martinez), Devron García, Kervin Arriaga, Deybi Flores, Franklin Flores, Oscar Almendárez, Anthony Lozano, Romell Quioto, Kevin Lopez.
Subs: Edwin Solano, Clayvin Zúñiga, Joseph Rosales, Luis Palma, Wesly Decas, Edrick Menjivar, Jorge Álvarez, Jorge Benguche, Héctor Castellanos, Harold Fonseca.
MATCH EVENTS via ESPN
8' Goal! Canada 1, Honduras 0. Cyle Larin (Canada) right footed shot from the centre of the box to the bottom right corner. Assisted by Jonathan Osorio.
11' Goal! Canada 2, Honduras 0. Cyle Larin (Canada) header from very close range to the top right corner. Assisted by Stephen Eustáquio with a cross following a corner.
42' Penalty missed! Bad penalty by Cyle Larin (Canada) right footed shot is close, but misses to the right. Cyle Larin should be disappointed.
45' Substitution, Honduras. Marcelo Pereira replaces Denil Maldonado.
45' Substitution, Honduras. Wálter Martínez replaces Johnny Leverón.
49' Goal! Canada 3, Honduras 0. Jonathan David (Canada) left footed shot from the centre of the box to the bottom left corner.
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