Bought 23 Silver Quarters At Silver Melt Spot Price

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Author	Replies: 7 / Views: 1,314
joecoin85 Valued Member United States 325 Posts	Posted 05/18/2013 7:50 pm Bought 23 Silver Quarters at Silver Melt Spot Price today. Anyone think silver will go up and this was a good idea or a silver will go way down and I will be out some cash? Report this Post to the Staff

basebal21 Bedrock of the Community 13014 Posts	Posted 05/18/2013 7:56 pm Probably down but I like silver Quarters and have an album of them so I think its a good buy anyway. They dont have a ton of room to move down anyway at some point numismatic value kicks in if spot gets to low Report this Post to the Staff
Fat Freddy Pillar of the Community United States 1200 Posts	Posted 05/18/2013 8:13 pm If you focus on the immediate potential profit or loss every time you buy a little silver, you will definitely drive yourself totally crazy. Buy one of those cheap little round plastic coin storage tubes from your LCS, buy another 17 silver quarters and fill the tube up. Then tape a small note with the purchase date+price to the tube, and put the tube away in a secure place with the rest of your stash. When 5/18/18 gets here, review the info on the note on your tube and contemplate the wisdom of your purchase. Report this Post to the Staff
Northerncoins Pillar of the Community Canada 2019 Posts	Posted 05/18/2013 8:30 pm Call me crazy but buying old silver coins at or near spot is something I don't have much interest in.I guess I just like the new shinny bullion coins alot better. But if I got the chance to buy a bunch at lower then spot I would buy some....I guess... Report this Post to the Staff
trout1105 Pillar of the Community Australia 7096 Posts	Posted 05/18/2013 9:02 pm Quote: Bought 23 Silver Quarters at Silver Melt Spot Price today. Anyone think silver will go up and this was a good idea or a silver will go way down and I will be out some cash? Well done It is about time the physical silver started to reflect the market price These dips can be the very best times to get them silver coins needed for your collections Report this Post to the Staff
joecoin85 Valued Member United States 325 Posts	Posted 05/18/2013 9:58 pm thanks trout and Fat, I like your idea for saving the cois. id think in 5 years id get double for em at least :-) or not but cant hurt too much with these spot prices. Report this Post to the Staff
samsnate Pillar of the Community Canada 1723 Posts	Posted 05/19/2013 2:06 pm with trout and freddy...good advice Report this Post to the Staff
joecoin85 Valued Member United States 325 Posts	Posted 05/20/2013 11:41 am I sold them already for a profit! Made 60 cents per coin ;-) the buyer wants to get more in bulk form me too whoo. I guess he's waiting for it to go up too. The silver spot price that is. Report this Post to the Staff
	Replies: 7 / Views: 1,314

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