At What Price Would You Sell Your Bullion?

For me I'm holding for the long run...30+ years! From the price I bought a lot of mine at ($30-$35/oz) it would need to go a long way for me to make any substantial profit. I just wish (as everybody does) that I was buying silver (and gold!) 10 years ago...even though I was only 16 working part-time making $8.50/hr

Even so I could have had a sweet stack going now!

I really don't have enough silver to really make much profit if I sold, even if silver hit $100/ounce. And by "much profit" I mean enough to make a significant difference in my life right now. I have something like 500 ounces total, most of which was purchased over the last year. Right now it's worth around $17K purely as bullion (ignoring the numismatic value of things like BU Morgan dollars and the like). If silver hit $100/ounce, my stash would be worth $50K, which would be an increase of $33K.

Now, don't get me wrong -- $33K is certainly a nice chunk of change (and so is $50K, if you don't take my investment costs into account), but it's not gonna change my life at this point. I'm married, my wife and I both have good incomes, our house is nearly paid for, we have money put aside for our son's college education, and everything else is just going toward our eventual retirement in 20 years or so. If I did sell all my silver at $100/ounce, that money would just go into the bank to add to our retirement fund. I would much rather hold onto it and either use it in case of emergency (whether personal or nationwide) or else just hand it down to my son someday.

Us doom & gloomers aren't going to sell to get more FRNs. If you want silver, offer something of real value.

If silver exceeds its 1980 peak, adjusted for inflation
(which in today's money would be about $140/ oz.),
I'll strongly consider selling.

Either that, or...


Only if they won't take 75%Cu/25%Ni Nickels...

Heh heh... and some of us remember when a US silver dollar was just... a dollar.

As to the original question... I agree with Barry on this one. Yes, I have a decent silver hoard too and might be willing to sell some of it if it got to $100 an oz... or even $75 an oz... but only in the hope of being able to buy it back later at a lower price. On the other hand, filling the fuel tank in my truck in exchange for *1* ASE would be pretty darned cool too.

I'd debate selling one item around $54 an ounce, at which point I'd be getting $10,000 for my under $250 investment.

It's not about price ... it's about timing.

There will be an event, such as interest rates rising then coming to a peak, some sort of political event (I'd sell immediately on the fat chance that Ron Paul is elected), some action by the central banks, or some ratio or correlation of prices to other investment vehicles that will signal when it's time to sell.

Events and markets are changing too rapidly and are not fundamentally-driven enough for me to set a definitive exit price. I'll just keep my finger on the pulse of the macro economy and wait for the right signal.

I am always buying an selling. I don't try an put a magic total number together and sell at a magic figure like 50, 75, 100, or 431. I simply only look to buy MORE then I SELL (gradually building the net worth), what I think I can sell for more in anywhere from a short to long amount of time....

I list it all at high prices on ebay, more so then what I have in it, so as to add more if someone wants it bad enough to buy. Why not, I can list for free, an have yet to put a gun to anyone's head an forced them to click buy it now, that is their choice, as we all have to make many each day....

I had a 10 oz. silver bar listed with a 250 gram bar. This guy emailed me an said my listing was a bit high on ebay, an starting bid 800, buy it now 900 on 18 oz., or 44 bucks per oz. for Goldas chip silver carded bars is high. They sell all day in New York for a couple over spot. He wanted just the 250 gram bar to go with three more just like it, to make a 1000 grams. Good plan, so I sold it to him at 320, and I had 295 in it. Plus silver went up a couple of bucks since I bought it, so really a dead even break, esp after pay-pal loss even after bypassing ebay....

I don't care, I take that money an simply buy more silver, lol. Endless cycle like laundry once you really see how it all goes, as something just sitting is not making you anything. But to each there own, as like when most of you hard core safe hoarders cash in one day, your all gonna make a HUUUUUUGE once in a lifetime pay-day, and that aint all bad.....