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Paid Off My Collection, Finally!

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Pillar of the Community
traevin's Avatar
United States
1454 Posts
 Posted 09/28/2013  7:16 pm  Show Profile   Bookmark this reply Add traevin to your friends list Get a Link to this Reply
Congratz, Po. I wish I could say the same. But since I can't bear the thought of selling any of my collection, all I ever do is collect, collect, collect. I did the math during the last big run up in 2011 and found I could have sold the whole collection for at least 3x what I paid for it, but with silver prices getting beaten down lately, I'd revise those figures markedly. I'd probably more than double my investment after settling all the fees associated with liquidating. But I wasn't interested in selling when I could have netted maybe 70k, so I'm certainly not budging now. Nevertheless, I'm terribly jealous of your accomplishment. What's your next goal?
Pillar of the Community
poboxw's Avatar
Canada
1502 Posts
 Posted 09/29/2013  02:00 am  Show Profile   Bookmark this reply Add poboxw to your friends list Get a Link to this Reply
Thanks Hawk, I still have a few pieces of the silver I bought from you way back when, for $50/oz too! :P We've both come pretty far since eh?

My next goal?... What I have been doing in putting aside a few fractional gold pieces away for my boy whenever I have the chance and means to do so. I've stacked up a fair bit in the 2 years since he's been born. There's a possibility he'll be joined buy a bother or sister, so I've gotta start another pile. My next goal is to have both of their stacks paid off and keep this small venture going to keep paying for their stacks.

I've gotta start something different for the next one as well. Right now I have 1/10oz gold maples for my boy, so maybe 1/10oz platinum for the next one? haha~
Pillar of the Community
Canada
1723 Posts
 Posted 09/29/2013  3:00 pm  Show Profile   Bookmark this reply Add samsnate to your friends list Get a Link to this Reply
@ Poboxw

Congrats on finally getting there, I know you guys have been working hard at it. Working on doing the same thing myself. The best part Is now when I try and make a trade with you, you might not say no anymore because you aren't forced to sell now LOL. Congrats!

P.s. Also just noticed this post gave me the same number of posts as you LOL...were practically family now.
Edited by samsnate
09/29/2013 3:01 pm
Pillar of the Community
allranger's Avatar
United States
1391 Posts
 Posted 09/29/2013  3:44 pm  Show Profile   Bookmark this reply Add allranger to your friends list Get a Link to this Reply
I am impressed. I always buy things with the intention of flipping it later to help pay off my collection. I always end up keeping it though, even it if is grubby, slick and a duplicate. I'm resigned to the fact that it will be someone elses problem at a future date.
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