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 Replies: 51 / Views: 5,524 |
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Pillar of the Community
United States
3540 Posts |
Going to buy another 5 oz tonight or early in the am.
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Pillar of the Community
United States
2734 Posts |
All of the silver I've bought in 2011 was in numismatic coins priced well above melt value, with a few "melt value priced" exceptions (that are still numismatic items): an 1893-S Barber quarter I found in a junk silver bin, and two State Quarter-era Silver Proof Sets I just bought right here on CCF  Edited by DNA
05/04/2011 8:33 pm
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Pillar of the Community
United States
3670 Posts |
I am in the same boat DNA, as even when I bought a few oz. when it was up over 45 an oz., it was high premium lunar coins, and their price is really not effected by a 10 buck drop, as they are still bringing 75 and a 100 on ebay.... Edited by Silverhawk74
05/04/2011 10:49 pm
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Valued Member
United States
286 Posts |
I believe everyone should sell....to me:P
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Valued Member
United States
487 Posts |
Recent purchases of two rounds for a exorbitant price of $50.50 average. So I didn't get nicked to bad by the down slide of silver. Other purchases I made where in silver coins which I purchased well below melt, when I did purchase them. Now I'm sitting on my wallet and seeing how far down the slide silver will go. I'm in it for the long haul. Didn't sell at the peak and won't sell now.
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Pillar of the Community
 1283 Posts |
LOL, I bought 2 rolls of ASE's two weeks ago for the rock bottom price of $54 each. My average cost is $16 an once but still I loved silver at $50 I'm not liking a 20% decline in 3 days :( |
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Valued Member
United States
71 Posts |
Quote:LOL, I bought 2 rolls of ASE's two weeks ago for the rock bottom price of $54 each. My average cost is $16 an once but still I loved silver at $50 I'm not liking a 20% decline in 3 days :( You only lose money if you sell now when you're down. Just as you only actually make money when you sell when you're up. Everything else is just details. Stay strong and silver will trend back up. I firmly believe that.  |
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Pillar of the Community
United States
3184 Posts |
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Valued Member
United States
62 Posts |
Just bought 20 1964 Kennedy's last week for slightly below spot...when spot price was $47.94
I'm in it for the loonnnggg haul though so no worries.
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Pillar of the Community
United States
4008 Posts |
Quote:
stay strong stackers! :) Yep. Gird those loins! |
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Valued Member
United States
487 Posts |
Well, Throwbackid. Cost averaging. I see your point. I am hoping for a big comeback for silver. Do you collect only ASE or are you open to various silver offerings? |
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Pillar of the Community
Mexico
1304 Posts |
Holy smokes! Down to $36.44!
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Pillar of the Community
1283 Posts |
I was trying to move into Eagles and other collector type coins but I knew I was overpaying yet still did it. I scored two SWEET junk silver deals that put me in the black but that is evaporating. I am also in for the long haul but I do like the buying and selling of silver at live auctions, it is so much fun:) I am going to one tonight and looking forward to seeing what their junk coins go for.
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Pillar of the Community
United States
2541 Posts |
I'm loving this slide since I want to keep buying for the long run. It's my little rainy day fund, and it's fun to buy at the same time!
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Pillar of the Community
United States
797 Posts |
What price do you guys think it will finally slow down at? I know it won't even be stable anytime soon, but are people expecting it to get down into the high $20's? low $20's? Any guesstimate? I am curious whare the slide will taper off at.
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Replies: 51 / Views: 5,524 |
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Posted 05/04/2011 8:31 pm
