It's interesting to see how the secondary market price will settle down given the current silver price change.
Even though I didn't spent too much time in the forum, but I didn't stop collecting NCLT coins. I actually manage to buy and sell from the secondary market and eventually increase my collections in the last 3 years.
But the current silver price rally really make me exiting, since this give me the feel of I am actually part of a historical event.
I don't think the silver price will go back down to $45 or $50, I believe it will stop somewhere between $200 to $500 CAD per oz given the current change of the world politic and economic. I don't think this is good for coin collectors, since it is just too expensive for new collectors. Can you imagine that, I put a silver coin listed in
ebay for a year, and was not able to sell it out. And I just sell it recently to my LCS with silver spot price minus the premium, and I get the amount I planned with the
ebay listing. So now I just stop listing the coins I planned to put on
ebay, just want to wait for the silver price settle down. And at the same time, looking for those old listing that forget to change the price and try get some profit over it.
How do you think the NCLT coin secondary market will change given the current situation?