| Author |
 Replies: 8 / Views: 1,793 |
|
|
Pillar of the Community
Canada
1723 Posts |
So as a lot of you know, I'm a silver bug. With my budget usually tight I have been dime roll searching and buying a lot of Canadian dimes and quarters pre 68. My interest in silver has purely been long term investment. Now after seeing so many dates come into my hands, I am almost to the point of wanting to start filling a dime and quarter albums. I'm a bit afraid to though. You see, I do sell on occasion, near the top to buy an upcoming dip. If I tie up the coins then I might not sell and miss a dip which would suck since I stack and for me quantity is king to me but cant help think how cool it would be to complete the album considering you can still find every Canadian coin ever made. But with stacking its about my total investment costs and I know that there are going to be many coins that are going to cost me a few bucks to fill a hole or upgrade I dunno, I'm so on the fence. Anyone else go through this dilemma? Thoughts, words of wisdom?  Cheers all! |
|
|
|
Pillar of the Community
614 Posts |
Take a coin. Flip it. Let Heads be go with it, and tails be continuing investing. If you get heads, go with it. If you get tails, flip it again until it lands on heads. Long story short, do the albums. :)
|
|
Pillar of the Community
United States
863 Posts |
Yea, do the albums. You'll appreciate the coins you save
|
|
Bedrock of the Community
United States
36770 Posts |
Nothing wrong with doing both, stashing bullion and building a coin collection. Bullion is for survival/insurance, collecting is for fun.
|
|
Pillar of the Community
Canada
1502 Posts |
doesn't take many coins to fill an album/flip.
|
|
Pillar of the Community
United States
2269 Posts |
I know what you mean about being in a dilemma. Last year I finished a Franklin half dollar album that took me 2 years. When silver was around $42.00 an ounce, I sold them. Looking back, I know I made the right decision. Now that silver is far less, I can always rebuild it. If silver goes much higher, I would probably sell it again then rebuild it when the price drops. |
|
Pillar of the Community
 Canada
1723 Posts |
Ya this is what I'm thinking. Maybe I may just start the dime album. Cheaper and less investment up, and still have a bit of fun doing one. After that, maybe consider the quarters. :-)
|
|
Valued Member
United States
223 Posts |
You do know that the coins will come out of the album? Just think of the album as a well presented and labeled stack of silver. Sell if you have to and begin refilling at a lower price.
|
|
Bedrock of the Community
United States
10038 Posts |
I personally think once you try to start filling all of the holes, you will find the enjoyment of the hunt very satisfying and will be glad you decided to collect. The thing is, it can't hurt to try since the only investment you might make would be an album. And at that, see if you can go to a dealer/show and get a used one for 5.00. This way you will not be losing much more than a couple double doubles/triple triples at Tims if you decide collecting is not for you!
Come to think of it, you could probably find a buy for the used album anyway.
How much squash could a Sasquatch squash if a Sasquatch would squash squash? Download and read: Grading the graders Costly TPG ineptitude and No FG Kennedy halveshttps://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2 |
| |
Replies: 8 / Views: 1,793 |
|
Posted 06/15/2012 08:21 am
