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Replies: 34 / Views: 2,502 |
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Pillar of the Community
United States
2456 Posts |
once gold hits the $5K-mark i'll consider selling some bullion. maybe the mania-phase will be triggered by then. who knows...
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Pillar of the Community
United States
7273 Posts |
At the current prices, I've stopped stacking and other than some currency, I completely stopped. I don't want to sell either. Its a tough place to be. Last time this happened in 2011 I completely stopped for 6 years and got all my astronomy gear. I'm going to just sit back and watch for a while I have enough coins that I'm happy.
Edited by hfjacinto 10/13/2025 7:57 pm
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Pillar of the Community
United States
2950 Posts |
Quote: It's a tough place to be  fully with you hfjacinto... Parts of my collection are more liquid than other parts, like it is easier to sell off more of what we collectors consider junk silver or gold worth at or just above melt. I still will continue to stack silver in literally any form because I have areas around that I can source silver at below melt prices and resell at a profit for other coins I may need for my collection. Other parts of my collection are silver and gold coins that are worth a bit more than melt, or have numismatic value more than the melt value, so more than likely I will hold onto those coins unless I sell off some of those to upgrade or add on in the future. 
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Pillar of the Community
 United States
5177 Posts |
I am with hfjacinto. Neither buying nor selling at the moment. But if gold drops significantly, I will buy more. If gold shoots to $10,000 tomorrow and the Dow sinks, I sell gold and buy more shares. It is not very difficult: "Everything is Relative".
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Pillar of the Community
United States
7273 Posts |
Luckily paper hasn't been affected yet so some good prices on paper.
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Pillar of the Community
 United States
5177 Posts |
"Paper" as in pre-War banknotes?
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Pillar of the Community
United States
7273 Posts |
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Pillar of the Community
 United States
5177 Posts |
Are you not worried the banknotes will fade over time?
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Pillar of the Community
United States
7273 Posts |
Quote: Are you not worried the banknotes will fade over time? Not really. This one is older than our country and looks in excellent shape.  
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Pillar of the Community
 United States
5177 Posts |
Are you keeping them in a dark box?
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Pillar of the Community
United States
7273 Posts |
Quote: Are you keeping them in a dark box? I do. They are also in a safe and the sleeves are all made of Mylar which is archival grade. This is an old picture, I sold off a few of these and moved them all to new mylar. They were in hard plastic before which took up a lot of space. The slabbed are in a sealed plastic case. 
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Valued Member
United States
311 Posts |
Wasn't that long ago, but when gold was in the 2's, I thought a good target price would be around $3100. This would make gold an even $100/gm, an easy round number for jewelers who work with gold all day. $75/gm for 18kt and $58/gm for 14kt. And here we are today at $128 a gram.
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Pillar of the Community
United States
3342 Posts |
$4300 looked like a spike and I sold. There may be higher spikes but that was good for this run.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
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Pillar of the Community
 United States
1300 Posts |
It's been fun watching the metals spike in price. I love seeing it go up, but hate seeing it go down.
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Moderator
 United States
187446 Posts |
Quote: $4300 looked like a spike and I sold. There may be higher spikes but that was good for this run. Excellent!  Sitting below $4000 now. 
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Replies: 34 / Views: 2,502 |
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