Have You Cut Back On Your Coin Spending? - Page 2

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Author	Replies: 27 / Views: 5,488	Page: of 2

Silveroid Pillar of the Community Canada 6768 Posts	Posted 03/15/2020 12:27 am The life is going on. And this very promising! Report this Post to the Staff
canadian_coins Pillar of the Community United States 2408 Posts	Posted 03/16/2020 3:25 pm Silver is melting right now. Down 12% for the day. People are rushing to the exit door. Report this Post to the Staff
macmercury Pillar of the Community United States 5832 Posts	Posted 03/16/2020 4:01 pm Almost all major events are pushed to a later date or postponed, so I can't spend money even if I wanted, once this craziness get fix, hopefully everyone daily routine goes back the way it were. Report this Post to the Staff
canadian_coins Pillar of the Community United States 2408 Posts	Posted 03/17/2020 9:47 pm well today we had a 60% layoff and those remaining were told to work from home. I'm OK for now but the near future looks pretty grim. For me that pretty much closes the lid on coin collecting - and many other things I took for granted as I am nearing retirement. I wish all collectors good luck and I'm sure some really good deals will show up in the near future... Report this Post to the Staff
Silveroid Pillar of the Community Canada 6768 Posts	Posted 03/17/2020 11:28 pm Quote: some really good deals will show up in the near future... This could be almost for sure as true, but according to the mails from the dealers, majority of them will work "as per appointment" mode and online, so not sure, if they will be able to offer discounts to attract the buyers. But...let's see Report this Post to the Staff
Wade Pillar of the Community Canada 2781 Posts	Posted 03/17/2020 11:33 pm so far my employment is safe, but good luck on finding a deal as most dealers/sellers have closed their doors / waiting out the storm. I fear for the hobby as this is situation (might be) serious enough (real or not) that people clue in to what is really important... and little circular discs of over priced metal just might not make the cut. I will be looking to silver and gold, and maybe some airline stocks, as an investment over coins... But at the end of days we aren't taking anything with us... be safe and be healthy Edited by Wade 03/17/2020 11:34 pm Report this Post to the Staff
canadian_coins Pillar of the Community United States 2408 Posts	Posted 03/18/2020 8:54 pm @Wade - yes be safe for sure Another blood bath today. Platinum at $600? Report this Post to the Staff
Earle42 Bedrock of the Community United States 10038 Posts	Posted 03/18/2020 9:54 pm No. The economy was amazing going into this hyped up mess. Overall more people were in better shape than they had been with their money for a long time. When the initial panic is over I believe things will not only get back to what they were, but probably be better overall. If the plans Washington is trying to get passed eight now kick in as they say they will, I think things will be better a lot faster. What I cannot understand is how in the world mankind ever existed all those years with no Walmart to buy TP from...its a miracle we survived. How much squash could a Sasquatch squash if a Sasquatch would squash squash? Download and read: Grading the graders Costly TPG ineptitude and No FG Kennedy halves https://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2 Report this Post to the Staff
JGG Pillar of the Community Canada 798 Posts	Posted 03/19/2020 07:26 am I just laid off 80 employees, and my coin collecting is also done for the foreseeable future. Report this Post to the Staff
atticguy Pillar of the Community United States 1373 Posts	Posted 03/19/2020 9:01 pm I am trying to cut back on my coin spending but it has nothing to do with the current medical situation. I've been trying hard to whittle down my debt problem for about a half-year now. I'm still buying all the new stuff I 'need' from the US and Canadian mints (which alone is a dumb idea), but I've not looking much now for the few circulated coins (basically 1800's) to complete those sets. Report this Post to the Staff
canadian_coins Pillar of the Community United States 2408 Posts	Posted 03/28/2020 11:35 pm Quote: I just laid off 80 employees, and my coin collecting is also done for the foreseeable future I didn't lay off nearly as many but I know how you feel. Sorry about your team. Report this Post to the Staff
Silveroid Pillar of the Community Canada 6768 Posts	Posted 03/29/2020 01:40 am Quote: I am trying to cut back on my coin spending but it has nothing to do with the current medical situation. I've been trying hard to whittle down my debt problem for about a half-year now. I'm still buying all the new stuff I 'need' from the US and Canadian mints Same. Sometimes I wonder, how it possible to buy something, if I owe here and there, but seems to be the will of owning something is stronger than financial responsibility. Report this Post to the Staff
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