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Sell My Gold & Non-Pm Coins To Buy Silver, Good Investment ?

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bekiz's Avatar
Japan
666 Posts
 Posted 08/20/2014  05:48 am  Show Profile   Bookmark this reply Add bekiz to your friends list Get a Link to this Reply
we sell coins in order to buy coins that will be sold too ... the only thing that matters - the amount of ounces must increase and the quality of the coins must be improved (i.e. if sell kookaburras proceeds must be put into pandas for the same price or lower)

see no problem in swapping gold for silver. Silver coins are better than gold coins as with silver coins you can make more money as they appreciate in price faster. Of course there is a learning curve, you will have to learn and develop a taste of what is going to appreciate in the future, and what will stay the same or drop in price.

ratios and other things do not matter a lot.


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welder's Avatar
United States
1037 Posts
 Posted 08/20/2014  12:08 pm  Show Profile   Bookmark this reply Add welder to your friends list Get a Link to this Reply
Personally, I'd keep the gold and sell the non-PM coins.
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canadtech's Avatar
Canada
84 Posts
 Posted 08/20/2014  6:43 pm  Show Profile   Bookmark this reply Add canadtech to your friends list Get a Link to this Reply
yes welder, I think selling the non-PM coins to put into silver may be the way to go,
but it seems that may not get me very much silver. Most of what I have is Canadian coins,
including almost all the cased nickel dollars and double-dollar sets from 1970 to about 2002 which don't appear
to be worth very much. I also have the silver ones but I think I should hang on to those.
i also have a fair bit of circulated stuff that may or may not be worth anything over melt,
that's proving to be the more difficult stuff to estimate value, along with older nickels (1922+)
that might have some value.
if I were to sell any gold, such as late '70's + early '80's Canada $100 22k half ounce coins what is the lowest
i should expect, melt price or higher ? same question for British Sovereigns and Austria 1 + 4 Ducats.
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