At What Point Does Your Collection Become "Bullion"

I have a relatively small stash of silver coins--consisting of general circulation and commemorative pieces. Currently, I have no interest in parting with them, simply because I like them. Having said that, I'd unload the bunch if a family emergency came along and $$$$$ were badly needed, or the price of silver ran well into four digits. I suspect I'll have my collection a good ways into the foreseeable future.

I'm looking for a dollar amount.

I'm pretty sure that 99% of the people on this forum would sell their silver if it reached $5000 an ounce.


So, if you'd sell at that amount, it means that somewhere between $100 and $5000 is the price where you'd seriously consider selling.


That's the number I'm curious about.

I feel there is going to be significant overlap with this topic... thoughts?

https://goccf.com/t/486190

If silver gets any where near 5000 anytime in the near future we will have bigger problems and
You will be hard pressed to find anyone to buy it. And for what number would I sell my silver collection of coins most likely never unless I needed money for something unforeseen .bullion silver is another question all to gather but you didn't ask that.

At the silver price today, it is already hard to find a buyer who will pay even close to the market.

Theoretically coins aren't of any value until you sell them or get them stolen and you can get the Insurance company to pay your their appraised value. Until that happens, they are just round pieces of metal that have cost you money to acquire.

My collection(s) consists of silver coins only with the exception of a few coins in the silver proof sets. I have no interest in selling my coins no matter how high the price of silver goes.
My intent from the beginning was to leave my coins to my three children and that has not changed.

I recently sold 75 ounces of silver, but that was purchased as bullion and sold as bullion. As to when the numismatic value of a lot of coins disappear, we are at that point. Right now, buying a pre 1934 or modern gold coin, there is basically no premium. Pre 1934 coins have no numismatic value. In modern coinage this is happening with most mint products. Everything from Proof ASE to Modern Morgan/Peace are essentially bullion, the value of the PM has overtaken any premium the coins had. As to whether you sell, that is a decision, you need to make. I sell and buy stuff all the time, but now I am just holding, the value of what I have has increased, but so has the cost of replacing the items, so for now, I wait. What will I do at a future time, hasn't been decided. I may want something that makes more sense than coins (I know the shock), and when that happens, I may sell off a lot, or I may not.