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Good Time To Sell Scrap Silver?

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First Page  Showing last 15 replies.
Author Previous TopicReplies: 16 / Views: 6,125Next Topic Page 2 of 2
Pillar of the Community
United States
2520 Posts
 Posted 10/05/2009  11:35 pm  Show Profile   Bookmark this reply Add ratman4762 to your friends list
I personally am holding off selling mine! I think silver will continue to climb! But I guess it depends on what you think silver will do and if you can afford to hold off selling!
Pillar of the Community
Turkey
870 Posts
 Posted 10/06/2009  05:49 am  Show Profile   Bookmark this reply Add molydeii to your friends list
Rdwarrior, the coins on that jar are mostly scrap with being a couple of semi-key dates, in F or about condition. Canadian and Australian coins in that jar are common dates with circulated examples. I only have five 1941-1945 American quarters, with highly circulated conditions as well. Perhaps I will seperate Uk coins and the rest, and perhaps offer for sale the others. I am not experienced in precious metals market, yet, seeing the silver going this high, it "tickled" me to think about those coins. Yet, I don't need money at the moment, just going to get married at December 09, perhaps will need some cash about that time, still I can afford keeping those coins. You know, it's too bad to make a decision about them :)
Valued Member
United States
70 Posts
 Posted 10/06/2009  09:13 am  Show Profile   Bookmark this reply Add snick to your friends list
If you do not need the money, hang on to the coins. I believe silver will continue to increase in price. Good luck.
Pillar of the Community
United States
2602 Posts
 Posted 10/06/2009  1:41 pm  Show Profile   Bookmark this reply Add mycrob to your friends list
Dollar is very weak, still in global recession, job market remains weak. Fundamentals say silver should climb some more
Pillar of the Community
United States
2541 Posts
 Posted 10/06/2009  1:54 pm  Show Profile   Bookmark this reply Add Gothic Florin to your friends list
I was hoping that silver would be higher than $16 and change with gold over $1000. I figured we may see $20 silver again with $1000 gold. Maybe the price just has to catch up. Either way, as you point out, it is at a good price and you should consider selling and purchasing 1 nice coin with the proceeds.
Valued Member
United States
371 Posts
 Posted 10/06/2009  4:40 pm  Show Profile   Bookmark this reply Add SilverTurtle to your friends list
It's only a matter of time before Silver climbs in price, unless the Market get's back in line.
Pillar of the Community
United States
2520 Posts
 Posted 10/06/2009  8:10 pm  Show Profile   Bookmark this reply Add ratman4762 to your friends list
$17.23 today!
Edited by ratman4762
10/06/2009 8:12 pm
Pillar of the Community
United States
2541 Posts
 Posted 10/07/2009  09:36 am  Show Profile   Bookmark this reply Add Gothic Florin to your friends list
Looks like my hopes from yesterday came true!
Pillar of the Community
Turkey
870 Posts
 Posted 10/07/2009  11:41 am  Show Profile   Bookmark this reply Add molydeii to your friends list
Yeah it looks like GothicFlorin but I have this bad feeling that it will not reach to 19 or 20, and drop a little bit afterwards this month maybe later this month. This is speculating business, with gas, gold and silver, has been all the time. This 17 whatever is probably the best time to sell silver, I think, but I hope I am wrong since I am kind of sitting on a small hill made of silver! (320-340 dollars melt value of scrap and semi-scrap world silver coins).. but I am still unsure if I sell of keep them, I don't need the money right away (even though I dropped two 20-lira banknotes and LOST them just today, walking home from work - yuck!) but the price tempts me I can say that..
Bedrock of the Community
United States
20753 Posts
 Posted 10/09/2009  5:42 pm  Show Profile   Bookmark this reply Add just carl to your friends list
IF you don't need the money, why worry about it? If you think you can clean up with a real great amount of money, go for it. The problem is where to sell it. If on ebay or other on line places you could end up making some or loosing. Never know. All depending on you here.
The only thing I keep thinking about when people sell for metal value of coins is what happened to someone I know. He took a bag of what he thought was pure junk Silver Mercury dimes to a coin show. He sold the entire bag for Silver only. I know the dealer that purchased that bag. In it he found several 42/41's, one 42D/41 and several 21's. All were in at least VG or better. There were also many offsets, rotated reverses, etc. GEE, I wonder what that bag was really worth.
Pillar of the Community
United States
505 Posts
 Posted 05/01/2011  6:03 pm  Show Profile   Bookmark this reply Add Frazzle to your friends list
Hi guys,Im from the future,5/1/2011 to be exact,and gold has risen to around 48.00...so,hang on to your silver and NO,DONT SELL YOUR SCRAP SILVER JUST YET
Pillar of the Community
United States
4008 Posts
 Posted 05/01/2011  7:09 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list

Quote:
Hi guys,Im from the future,5/1/2011 to be exact,and gold has risen to around 48.00...so,hang on to your silver and NO,DONT SELL YOUR SCRAP SILVER JUST YET

Lol, Frazzle! You selling gold for $48/oz? I will take ALL of the tons that you have!
Pillar of the Community
United States
505 Posts
 Posted 05/01/2011  7:19 pm  Show Profile   Bookmark this reply Add Frazzle to your friends list
I must have forgotten to mention that I also come from an alternate universe where silver is 1500.00 and gold is 48.00...lol
Pillar of the Community
United States
3670 Posts
 Posted 05/01/2011  11:43 pm  Show Profile   Bookmark this reply Add Silverhawk74 to your friends list
I would like to take a trip over to your Bizzaro world Frazzel, and sell my silver and turn that money into gold while I am there....
Edited by Silverhawk74
05/01/2011 11:44 pm
Pillar of the Community
United States
4008 Posts
 Posted 05/02/2011  9:45 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list

Quote:
I must have forgotten to mention that I also come from an alternate universe where silver is 1500.00 and gold is 48.00...lol - Frazzle

Yeah, that must be it... but if they have no copper there, maybe they will be willing to trade a lot of gold for a little of it!
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