How Many Have A Sell Price, How Many Are Not Selling At All

I like what you said about education, I too am using these events to help my daughter develop a global world view.
As far as sell price goes. I guess if it hit $75 I would sell of certain things (silver Wash Quarters, Rosies) I can't imagine selling my Walking Lib. Halves or Mercs. But these have emotional attachments.
So basically I am just thankful to be living through this and being aware of it!
Kinda fun! And I'm still buying...

Well written, certainly a good world view. I'm oversimplifying, but I'd guess there are some who collect the coins, and some who have gold and silver bullion as investment, and some of those are probably a mixture of both. For example, I don't have a lot of coins, but I wouldn't part with them regardless of content value UNLESS there was some emergency. On the other hand, I have one set of the American Gold Eagles that I bought in 1997 for $999, and I think sells for about $3K now. If that were to get to say $5K, I might have to let it go. I also have children and grandchildren that I would like to pass these down for, hoping they will have an interest in these pieces of history. I have a 1798 dollar that I like to tell them "It's just POSSIBLE that George Washington or Thomas Jefferson bought a pack of smokes with this coin"! They don't buy it...

Definitely holding a core position and adding to the stash each month. Outside of the core position, I am willing to sell if the price is right or if a need arises. To not have some holdings in precious metals is foolish in my opinion based on what's going on with the world and our currency today. To each his own I guess...

Here is my strategy;

If the dollar continues to get weaker, which it will because all momentum right now is against it, I will only sell to invest in other items like farmable land, guns and freeze dried food that will last 30 years or more.

If silver rises to, say, $150 and ounce or so, and the dollar stays around its current strength, then I will consider it getting into 'bubble' territory and probably sell.

I know we all wish for 3 to 5 hundred an ounce silver, but consider what could be possible if it got to that point. I mean, we'd probably have $10 a gallon gas and a loaf of bread will probably cost just as much. That wouldn't be good for anybody.

Oh, if only life in general and the financial world were that simple! Unfortunately, they are not and there really IS good vs. bad debt. Good debt is that which allows us to secure things that appreciate in value and that we cannot afford to buy outright. Bad debt is that which accumulates when buying toys and other junk that depreciates in time. Buying an affordable home is very likely to be good debt while buying cars, vacations, and other things of that kind is likely to be bad debt. Pay cash for those things.

The debt that we acquired to buy our current house back in 1994 was good debt. It got better when we re-fi'd that loan from 7.25% to 4.6% while also cutting the length of the loan from 30 to 15 years. That cut 7 years from our payments and saved us about $100k in interest costs. We now owe about $50k on a house worth $400k and can pay it off any time we choose. We choose not to because that allows us to invest more in various things, including some PMs. Since we had a large down payment and bought in when real estate was MUCH cheaper than it is today, the popping of the housing bubble notwithstanding, we are WAY above water in terms of equity. We also have not borrowed any of the equity out to buy toys and other high-cost / low-value doo-dads.

I know that good folks like Dave Ramsey preach that debt is bad all the time but I really do think that it is incumbent upon each of us to decide what adds real value to our lives and what does not. Once we understand that, we can act responsibly to acquire what we need at a reasonable cost, even if we do have to borrow some money to do it. The trick is to not get carried away with it or pretend that using credit cards isn't like spending real money.

with all this as it is my approach to investing in silver coins as well. A price pull-back is likely to be temporary and a good opportunity to collect a little more silver at better prices.

I am selling some of my common silver coins, if we hit $60 this year. The rest I am keeping.