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Are My Buying Days Over?

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Author Previous TopicReplies: 17 / Views: 1,508Next Topic Page 2 of 2
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2213 Posts
 Posted 11/20/2025  6:52 pm  Show Profile   Bookmark this reply Add livingwater to your friends list
I've slowed way down buying bullion, some because of high prices but also I think I have enough. I don't plan to sell, will pass it on to my daughter. In five years today's spot prices may have been a good buy.
Edited by livingwater
11/20/2025 6:59 pm
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 Posted 11/20/2025  6:53 pm  Show Profile   Bookmark this reply Add nickelsearcher to your friends list
Good questions that many of us are asking.

Personally I'm avoiding purchasing all silver and gold coins simply because of the ridiculous high base metal prices.

Speaking now to those in the know - the bullion price exceeds the numismatic value in a lot of coins now.

I'm standing by, with no purchases, and waiting to see what happens.
Take a look at my other hobby ... http://www.jk-dk.art
Edited by nickelsearcher
11/20/2025 6:54 pm
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 Posted 11/20/2025  7:29 pm  Show Profile   Bookmark this reply Add Marv65 to your friends list
I still like picking up circulated Morgans but as far as gold - If I'm going to spend $5000 I want to be able to ride it...........

Are-My-Buying-Days-Over?
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 Posted 11/21/2025  06:44 am  Show Profile   Bookmark this reply Add scopru to your friends list
Time to shift focus! Plenty of areas of numismatics to explore without paying through the nose for.
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 Posted 11/21/2025  09:45 am  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
If I'm going to spend $5000 I want to be able to ride it..
Nice.

In my case recently, I had to get my climate controlled with nearly three ounces of it.
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 Posted 11/21/2025  09:46 am  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
Plenty of areas of numismatics to explore without paying through the nose for.
This is true. I might start sifting through the foreign "junk boxes" at the next coin show.
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 Posted 11/21/2025  3:28 pm  Show Profile   Bookmark this reply Add ratman4762 to your friends list
I have a couple silver listings locally here on Craigslist. I'm selling below melt (currently in neighborhood of $5 an ounce below melt) and the only reply I've gotten is somebody asking if I sell wheat pennies........................
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 Posted 11/21/2025  5:51 pm  Show Profile   Bookmark this reply Add ijn1944 to your friends list
Do dive into that coin show!
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United States
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 Posted 11/21/2025  6:56 pm  Show Profile   Bookmark this reply Add samoth to your friends list

Quote:
At these metals pricing, it's a sellers market, not a buyers market.


People said the same thing in the late '70s & early '80s. All markets go through cycles.

Keep in mind, however, that the USD has lost over 20% of its value since 2020. Prices are higher across the board (not just PMs/coins), but make sure you don't get too fixated on nominal figures.
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 Posted 11/21/2025  8:44 pm  Show Profile   Bookmark this reply Add HondoB to your friends list

Quote:
I might start sifting through the foreign "junk boxes" at the next coin show.

There's lots of good stuff to be found there - including the occasional silver. Another good place to look is boxes of 2X2s that sellers have marked down - often half off. There will often be silver coins that were priced a year or more ago that can be snagged at great prices.
Inordinately fascinated by bits of metal with strange markings and figures
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 Posted 11/24/2025  07:29 am  Show Profile   Bookmark this reply Add scopru to your friends list
This thread is getting me excited for my next coin show!
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 Posted 11/24/2025  12:15 pm  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
There's lots of good stuff to be found there - including the occasional silver. Another good place to look is boxes of 2X2s that sellers have marked down - often half off. There will often be silver coins that were priced a year or more ago that can be snagged at great prices.


Quote:
This thread is getting me excited for my next coin show!
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 Posted 11/26/2025  1:42 pm  Show Profile   Bookmark this reply Add Joe2007 to your friends list
I may slow down on bullion purchases until the market is less volatile but definitely not going to slow down on numismatic purchases. Many classic coin series have little relation to bullion anyway.
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