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 Replies: 58 / Views: 4,398 |
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Bedrock of the Community
United States
36415 Posts |
With estimates of silver at $100, $200, $500, $1000 an ounce and gold at $10,000 or $20,000. Will you continue to collect coins with these metals in them? At what price point would you stop? Edited by IndianGoldEagle
12/21/2025 11:33 am
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Pillar of the Community
United States
2001 Posts |
For coins with PM content, that point is almost here now. Collecting will still continue with modern junk and clad just for the fun of it or perhaps the earlier coppers
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Valued Member
United States
282 Posts |
I know I'm in the minority, but I quit buying silver when it hit 20 bucks. Gold was around 1800.
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Moderator
 United States
187446 Posts |
An interesting thought that I have not had. I suppose I will stop when it hurts.   |
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Pillar of the Community
United States
1300 Posts |
I started a thread on here about a month ago, stating that I'd probably bought my last coin, after 50 years of collecting. I have more than I need, and these high prices don't tempt me at all.
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Bedrock of the Community
Australia
21786 Posts |
Good question.
With every sharp rise, there will be a correction.
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Pillar of the Community
United States
7184 Posts |
I may return to my Lincoln and Indian cents for upgrades and hole fillers with the higher price of metals. |
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Bedrock of the Community
United States
10470 Posts |
I've shifted my focus back to key and semi-key Lincoln Wheat cents.
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Pillar of the Community
United States
5821 Posts |
The collectible silver coins that I am interested in these days still have most of their value in their collectability and not their silver content. If it was a $1000 coin when silver was $20/oz., I don't expect the price to change that much just because silver is now $67/oz.
As for gold coins, I'm already out. I was buying each year's special one ounce "Liberty" gold dollar from the mint, but I gave that up this year. As for classic gold coins, I already have at least one example of each one I ever planned on getting for my type set, so I'm good. I do feel bad for those just starting out with a 7070 album, since the optional gold page may be forever out of reach.
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Pillar of the Community
United States
3843 Posts |
I mostly collect series that aren't especially impacted by fluctuating silver values since I long time ago decided to collect a few nice early type coins, instead of many lesser coins. Not that I didn't wander into collecting some Franklin halves & Mercury dimes but that wasn't a significant part of my collection. At these silver prices I am going to be hesitant to buying more. |
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Pillar of the Community
 United States
6449 Posts |
At $10 per silver quarter, the high metal price has already limited my willingness to cherry pick lower grade variety coins. It hasn't yet affected my interest in Mercury dimes, but that day might be approaching. |
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Pillar of the Community
United States
2457 Posts |
i will keep buying whatever I can, whenever I can, but it likely won't be much. the metals prices are becoming out of reach for me. if I get totally priced out of bullion, i'll move on to something else. I still have lots of stuff that I need for my 7070.
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Moderator
United States
187446 Posts |
Quote:
The collectible silver coins that I am interested in these days still have most of their value in their collectability and not their silver content. If it was a $1000 coin when silver was $20/oz., I don't expect the price to change that much just because silver is now $67/oz. The only silver coin I need is the 1916-D dime. Silver has a long way to go to make that a melt coin.  |
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Pillar of the Community
United States
2049 Posts |
Stopped collecting 15-20 years ago. Gold and silver are easy to move if you need quick cash. Numismatics can be more hit or miss so I decided it wasn't for me.
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Pillar of the Community
United States
5821 Posts |
Quote:
The only silver coin I need is the 1916-D dime. Silver has a long way to go to make that a melt coin. Exactly. Ever since I finished my expanded type album, I've been focusing primarily on key dates for various series and a few [hopefully] investment-grade high condition rarities. I honestly don't think the value of silver is going to have much effect on the value of, say, the MS66 1921 Peace dollar I purchased back in August of this year when silver was "only" at $40 or the MS68 1880 Morgan dollar I bought last year when silver was at $30. Having said that, I'm very glad I bought that bag of 100 BU random year Morgans when I did back in September, when silver was just hitting $45 and I was able to buy them at $55 apiece. Right now APMEX is selling them for around $71 apiece and that is too rich for my blood. |
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Moderator
United States
187446 Posts |
Quote:
Having said that, I'm very glad I bought that bag of 100 BU random year Morgans when I did back in September... Yes.  I suppose I should be happy that all the common silver in my Dansco albums are worth a lot more than what I paid. Also, an increasing portion of my OGP silver is getting closer to or exceeding what I paid the US Mint to acquire it.  |
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Replies: 58 / Views: 4,398 |
Posted 12/21/2025 12:24 pm
