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All Forums Category: US Coins and Currency Forums Forum: US Classic and Colonial Coins

Silver Up Today. Time To Wait Before Selling Collection?

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Author Previous TopicReplies: 3 / Views: 928Next Topic  
Coinfanmorgan
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 Posted 08/23/2013  4:35 pm Show Profile   Bookmark this topic Add Coinfanmorgan to your friends list Get a Link to this Message Number of Subscribers
I saw that silver rose 4.3% to 24 an ounce. As some may already know, I've been thinking of selling my collection. Now I think it might be best to wait and hold on until it hits the top price. Any thoughts? Will silver continue to rise in this economy or will it sink?
Namachieli
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 Posted 08/23/2013  4:57 pm  Show Profile   Bookmark this reply Add Namachieli to your friends list Get a Link to this Reply
If anyone knew that, we would all be millionaires.

This could be top price for awhile... It could be a new 52 week low for next year.

Do you have an immediate need for the money? If not, why sell?
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Coinfanmorgan
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 Posted 08/23/2013  5:30 pm  Show Profile   Bookmark this reply Add Coinfanmorgan to your friends list Get a Link to this Reply
I actually do. As I said on another thread, I'm holding onto the collection just in case. I have a different hobby and can sell that collection.
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Namachieli
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 Posted 08/23/2013  5:42 pm  Show Profile   Bookmark this reply Add Namachieli to your friends list Get a Link to this Reply
Well if you have an immediate need for the money, then I wouldn't worry too much about "timing" the market.
Edited by Namachieli
08/23/2013 5:43 pm
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All Forums Category: US Coins and Currency Forums Forum: US Classic and Colonial Coins



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