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 Replies: 842 / Views: 96,390 |
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Bedrock of the Community
 United States
25679 Posts |
At a small coin show today, silver dimes were $115/50. Junk Peace dollars $27, junk Morgans $33. Those are just prices I saw at two dealers tables, but I wasn't really looking for junk silver anyway. Inordinately fascinated by bits of metal with strange markings and figures
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Pillar of the Community
 United States
5192 Posts |
I will wait and see what they charge at the Marlborough Show, two weeks from now.
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Pillar of the Community
United States
844 Posts |
NumisEd - same here!
I'm looking forward to the show. With spot at 25 I'm a seller. Under 25 I'm a buyer. Let's see where spot lands in two weeks. And let's see what the X factor is!
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Pillar of the Community
United States
5192 Posts |
Quote:
With spot at 25 I'm a seller. Under 25 I'm a buyer. You are prepared to pay up to 40% premium? |
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New Member
United States
23 Posts |
19.5x at my LCS today in CA. 20x-23x with shipping on ebay right now. |
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Pillar of the Community
United States
844 Posts |
Not 25x ... 25 dollars.
If spot is 25 bucks or up I'm unloading a bunch of silver. If spot is under 25 bucks I'm buying. It's a fine line but I've got a feeling... I think a big swing is coming and I'm watchimg my indicators.
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Bedrock of the Community
United States
25679 Posts |
Jeff, I'm wavering on selling a 100 oz silver Canadian Mint bar now. I can get slightly over melt, which would be a 15% profit for me. But will it go up? Or will silver go down? That is the question.
Inordinately fascinated by bits of metal with strange markings and figures
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Pillar of the Community
United States
5192 Posts |
Another option is to sell the bar now and buy something back. Maybe a bottle of silver bullion coins (20 oz)? Or perhaps a numismatic coin you have been eyeing for a while?
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Pillar of the Community
United States
844 Posts |
Hondo -
Yup, that's the question! I won't say which way I see silver going. That's my private forecast and I'm not qualified to advise either way. I take my risks but wouldn't wish them upon others.
What you do with that bar depends on your goals. If you're looking for a quick flip then 15% profit on a 100 oz bar is respectable... Either way, it sure is fun to hold that bar isn't it!?
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Bedrock of the Community
United States
25679 Posts |
Jeff, it's like a brick!
Inordinately fascinated by bits of metal with strange markings and figures
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Bedrock of the Community
United States
25679 Posts |
Actually, it's heavier than a regular brick.  Inordinately fascinated by bits of metal with strange markings and figures
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Moderator
United States
190060 Posts |
Quote:
Actually, it's heavier than a regular brick.  |
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Pillar of the Community
United States
2233 Posts |
That makes a nice paperweight.
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Pillar of the Community
United States
844 Posts |
Hondo showing off!!! Looking good brother.
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Bedrock of the Community
United States
25679 Posts |
Thanks, Jeff! By the way you said Quote:
If spot is 25 bucks or up I'm unloading a bunch of silver. And that's where we are at the moment, according to Kitco. Might hold on to the brick for another day or two but sometimes you take what you can get. If Ag goes up to $29, I will still have made a nice profit. Inordinately fascinated by bits of metal with strange markings and figures
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Replies: 842 / Views: 96,390 |
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Posted 07/15/2023 9:20 pm
