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If Silver Goes Up To $100/Oz...........

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Mr Click's Avatar
United States
964 Posts
 Posted 05/19/2014  10:20 am Show Profile   Bookmark this topic Add Mr Click to your friends list Get a Link to this Message Number of Subscribers
....will you sell your Coin Roll Hunted Silver Collection? If not, what would silver have to go up to for you to consider it? I'm curious to find out what other CRH's would do.

I would be tempted!

Click
Edited by Mr Click
05/19/2014 10:31 am
Pillar of the Community
United States
602 Posts
 Posted 05/19/2014  12:26 pm  Show Profile   Bookmark this reply Add YoshiRules to your friends list Get a Link to this Reply
IF silver were 100 dollars an ounce, the break down would be (according to (124) Not Allowed - Auto-Removed website):

$5.63 for one 35% silver nickel
$7.23 for one 90% silver dime
$18.08 for one 90% silver quarter
$36.17 for one 90% silver half dollar
$14.79 for one 40% silver half dollar
$77.35 for one Morgan dollar
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ASLAN TVorlon's Avatar
United States
1234 Posts
 Posted 05/19/2014  1:19 pm  Show Profile   Bookmark this reply Add ASLAN TVorlon to your friends list Get a Link to this Reply
My finds are a little too precious

Pocket change finds from when you could find them easily are a little different, I have rolls upon rolls of dimes and quarters that I would let go if I need the cash and it was nice and high. heck on someone them I might let them go at $60-$80

I found a 1955 dime, semi-key, maybe key date, I never know where the cut off is between semi and key. But that one went right into my Whitman's and now I only need a 1949-S to fill it.

To sell a find, especially a key find, it would have to be very expensive.
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Mr Click's Avatar
United States
964 Posts
 Posted 05/19/2014  4:29 pm  Show Profile   Bookmark this reply Add Mr Click to your friends list Get a Link to this Reply
WoW! That is one expensive nickle Yoshi!!

I would definitely keep the good stuff, and sell the common silver I've found.
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jbuck's Avatar
United States
187934 Posts
 Posted 05/19/2014  5:32 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Sell, no. Trade, of course. I have traded (duplicate) roll-found silver before (with a dealer) to add the coins that I needed.
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WheatBack's Avatar
United States
2850 Posts
 Posted 05/19/2014  7:30 pm  Show Profile   Bookmark this reply Add WheatBack to your friends list Get a Link to this Reply
If it's just 'junk' and not in an album or has collector value, then yes I would. I'd sell all my silver I've been slowly buying too.
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fistfulladirt's Avatar
United States
4333 Posts
 Posted 05/19/2014  9:15 pm  Show Profile   Bookmark this reply Add fistfulladirt to your friends list Get a Link to this Reply
At $100 we are in trouble, no way am I trading down for paper.

Hard assets like real estate on the other hand...
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
Pillar of the Community
United States
5202 Posts
 Posted 05/20/2014  12:13 am  Show Profile   Bookmark this reply Add jack jeckel to your friends list Get a Link to this Reply
I sell my Kenndey rolls finds as fast as I get them so as not to be holding the bag at the end of the week.

I still hold my Franklins and Walkers but they are negotiable.

If silver hits $100 I am getting out all of my Danscos and cashing in while I can.

Copper should also be up proportionally at the same time so I ca finally get paid on my 300lbs of cents I have stashed.
Edited by jack jeckel
05/20/2014 12:14 am
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Mr Click's Avatar
United States
964 Posts
 Posted 05/20/2014  08:22 am  Show Profile   Bookmark this reply Add Mr Click to your friends list Get a Link to this Reply
Will Silver ever get to $100/oz? and if it does what does that say about the state of our economy? I hope silver continues to drop or stay right around $20/oz so I can continue to click clack more & Buy more!!
Valued Member
coinsrus1000's Avatar
United States
309 Posts
 Posted 05/20/2014  10:03 am  Show Profile   Bookmark this reply Add coinsrus1000 to your friends list Get a Link to this Reply
i like to dream and calculate how much my silver is worth or would be worth at $100 a ounce, would I sell, prob my junk and bars but keep my collectibles, but who knows if push gets to shove and I'm in a bind then well you get it..what would be a silver stackers dream sell when its high and pay off there major debt....

imagine no car payment
no rent or mortgage
no credit card bills
i think I ll hold out till it reaches $200 a ounce
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1325 Posts
 Posted 05/20/2014  10:08 am  Show Profile   Bookmark this reply Add shadz to your friends list Get a Link to this Reply

Quote:
$7.23 for one 90% silver dime


$361.50 per roll

$1807.50 for the 5 rolls I have...

$25 face value for almost $2000

hard call....
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Owassokie's Avatar
United States
622 Posts
 Posted 05/20/2014  11:44 am  Show Profile   Bookmark this reply Add Owassokie to your friends list Get a Link to this Reply
I probably lean towards fistfull's line of thinking. If silver were to run to $100/oz in a relatively short amount of time, I'd consider buying hard assets. It would depend on how much the metal run affected the value of other hard assets.

I think its important to note that most people discount the metal value of copper in 40% halves. Right now, its considered a negative because of the 'refining' costs to separate the metals. I would encourage my CRHing friends to visit a calculating website and consider the possibilities if copper were to go on a similar run. It may change your perception on the 40% halves, if you're in it for the long haul.

OO
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Trent C's Avatar
United States
166 Posts
 Posted 05/20/2014  9:36 pm  Show Profile   Bookmark this reply Add Trent C to your friends list Get a Link to this Reply
I plan on trading my Kennedy halves once the silver to gold ratio comes down. Right now its about 65 oz of silver per oz of gold. The norm the last 30-40 years has been 50 to 1 so once the ratio go's down to 30 or 40 to 1 I'll most likely trade my silver halves for gold.
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DNA's Avatar
United States
2734 Posts
 Posted 05/20/2014  11:38 pm  Show Profile   Bookmark this reply Add DNA to your friends list Get a Link to this Reply
Sustained $100+/oz. silver would make 40% JFK's a lot more popular than they are now. $14.79 melt value @ $100/oz. would be an easier price entry point than $36.17 for each 90% Half.

The same price entry level logic would also apply to 90% Silver Dimes.
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Libertad's Avatar
Canada
3692 Posts
 Posted 05/21/2014  12:06 am  Show Profile   Bookmark this reply Add Libertad to your friends list Get a Link to this Reply
40% coins are yucky. 90% and over only please. I'd be trading up for some gold or anything in the platinum family. Some 1964 Kennedys would see the melting pot, but only the worn out ones.
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Agrippa's Avatar
United States
663 Posts
 Posted 05/21/2014  3:42 pm  Show Profile   Bookmark this reply Add Agrippa to your friends list Get a Link to this Reply
If silver were $100/oz, you probably wouldn't be trading it in for cash.....you'd be bartering it for food and water! LOL! But then again, who ever thought 50 years ago that gold would be as high as it is? Heck in 1951 it was only $34/oz and didn't break $100/oz until 1974!
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