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Replies: 842 / Views: 96,046 |
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Moderator
 United States
188770 Posts |
Quote: Melt values for US 90% silver coins: Quote: Looks like my next listings here will be for $50 an ounce............ 
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Pillar of the Community
 United States
8764 Posts |
So, I'm surprised to not see more selling off junk silver here on this site. I know ratman has been recently but not many others. I have been thinking about it but curious as to why many are not. Do you think it will jump up even more? I have been on the wrong side of this more than not.... On a side note, I sold off 6000 shares of a silver mining company throughout the last week, I doubled up on it.
-makecents-
Edited by -makecents- 12/09/2025 6:39 pm
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Valued Member
United States
455 Posts |
I just simply don't want to sell anything. Could I make a ton of money...I could but not interested right now.
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Pillar of the Community
 United States
8764 Posts |
Quote: I just simply don't want to sell anything. Could I make a ton of money...I could but not interested right now. That's a good answer and I appreciate it. I came into the Coin World kind of odd. I was caught off guard by a cent being sold for $5000 on the bay back in 2011, it was a 1914 D in high AU condition but did not know about any of that stuff at the time, but it still got my attention. I was only even on the bay to sell off some odd ball things, nothing to do with coins. Anyway, got caught up in coins for a monetary reason at the time and started looking around at different sales on the bay. Lotta Morgans being sold at the time, then got sucked into Morgans, which I am still am, for different reasons though, they are just a beautiful coin. After about six years dealing with Morgans, I somehow jumped back to cents, still to this day don't remember what triggered that but none the less, back to cents, where I started. At that point I started learning about coins in general, the minting process and about varieties and errors, a broader perspective than just the worth of a particular coin. Onward and upward, I feel I went, then looking for varieties and it became an obsession, which it still is, just love the search, if nothing more than that.... So, occasionally, I would run across a cheap silver lot of coins and would bid on it, a double double in my opinion, cheap silver and coins to search for varieties, and even if no varieties, I still have cheap silver. So here I am, cheap silver that I got the goodie out of searching, some variety finds and many more no finds, but still cheap silver.  So that's where I'm at.
-makecents-
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Moderator
 United States
188770 Posts |
I would not sell just yet, unless you need the money. There is still plenty of room to climb. 
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Bedrock of the Community
United States
36782 Posts |
Silver has a long way to go on the up side, triple digits are coming. A quick "profit" now which would be eaten up by inflation is not something I would do. Holding silver and gold is your only way to keep up with the depreciating Federal Reserve dollar. If you are in need of cash for an emergency, then it's good to have some to sell.
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Pillar of the Community
 United States
8764 Posts |
Thank you for your feedback, jbuck and IndianGoldEagle! I am not in a situation that I need to sell, so I will hold on for a while. 
-makecents-
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Pillar of the Community
United States
1775 Posts |
 Don't sell if you don't have to.
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Pillar of the Community
 United States
8764 Posts |
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Pillar of the Community
United States
1311 Posts |
I invested to hedge against the struggling U.S. dollar and/or bad economic times. Sell for paper money doesn't make sense for me. I'm not getting any younger and, my wife doesn't want the headache. Now that's a conundrum.
Edited by thecoinguy1964 12/11/2025 10:17 am
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Pillar of the Community
United States
3325 Posts |
Quote: I invested to hedge against the struggling U.S. dollar and/or bad economic times. Sell for paper money doesn't make sense for me. I'm not getting any younger and, my wife doesn't want the headache. Now that's a conundrum. I personally see three options for silver. Option one - sell and invest in a conservative growth vehicle such as a mutual fund. I think aggressive investing may be as volatile as silver in the coming year. Option two is to sell and use to pay down debt that is being charged higher interest. Option three is to hold on to what you have and take the crazy ride - that might be the most fun. 
"Nummi rari mira sunt, si sumptus ferre potes." - Christophorus filius Scotiae
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Moderator
 United States
188770 Posts |
Quote: Option two is to sell and use to pay down debt that is being charged higher interest. What is that? I do not have any of that. I use cash or "same as cash" for all purchases. 
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Bedrock of the Community
United States
36782 Posts |
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Bedrock of the Community
 United States
25322 Posts |
Inordinately fascinated by bits of metal with strange markings and figures
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Pillar of the Community
United States
3325 Posts |
Quote: What is that? I do not have any of that. I use cash or "same as cash" for all purchases. Me, too. But there may be some who still have revolving debt. At some interest rates I've seen, it might make sense to take the silver premium and use that to eliminate or reduce debt.
"Nummi rari mira sunt, si sumptus ferre potes." - Christophorus filius Scotiae
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Replies: 842 / Views: 96,046 |