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 Replies: 99 / Views: 8,767 |
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Pillar of the Community
United States
524 Posts |
Poll Question
Silver just flew pass $40 headed for $41 today. Are you: 1. Laughing because you have a lot of your silver sets finished and other silver set aside just watching the value climb. 2. Crying because you are in the middle of some silver sets and it's climbing past your comfort zone. Or you sold at $30 and wished you had waited. 3. Don't care, you don't collect silver so it doesn't matter. For me it's mostly laughing, I have my ASE's[some I got for $8 each],Franklins[got set for $80],Mercs,Roosevelts,Kennedys,plus some other coins just sitting there growing in value. A little crying for not starting the Peace dollars and Washington quarters sooner. ***Moved to the Precious Metals Forum***
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Pillar of the Community
United States
642 Posts |
I've got a lot of modern silver's finished, so I'm happy about that. But I'm not done buying silver, so future purchases may hurt.
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Bedrock of the Community
United States
10284 Posts |
I voted don't care I do collect silver but have laid off buying since silver has been climbing. Sold a few times at certain mileposts. I am not crying because I could have held out. Who really knows? I could have been greedy and lost the chance to make a profit too. The next batch of silver I will try to sell is special coins silver UK proofs from The Royal Mint and some Royal Canadian Mint. The intrinsic value may finally make up for the collectors numismatic value and pull me out of a bad investment. Those I have to sell when I can take a gain. |
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Valued Member
United States
426 Posts |
I voted crying. :(
Ive been holding some cash since the first of the year when I sold off a bunch of silver when it was $30 dollars an ounce because of some "advice" to wait unti the summer for the so called "correction" to come.
So far I've been waiting and waiting and the only thing I'm seeing is my cash lose value since I am not going to be able to buy the same amount of silver I could have at the beginning of the year.
But what If I do spend it and the price of silver finally gets "corrected"
Its a gamble I guess...
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Pillar of the Community
United States
659 Posts |
The only thing I go with silver is roll search for it and sell it. The higher it goes, the better.
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Bedrock of the Community
United States
10982 Posts |
I'm crying for the USD that is heading in the toilet. That's a big part of the run-up. I gotta believe gold went too far too fast and silver is catching up to where it should be.
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Valued Member
United States
463 Posts |
im crying for the most part as I would of had more then a car if I would have waited longer to get one. I sold the majority of my ASE at 27 oz for 30 as I wanted to trade in my junk car I had as it was my birthday, I'm not going to say how much I sold but it was a majority of my bullion. Lets say 100 oz thats 3000 now if going by the 3 over spot still to 4300 in a 3 months ;( being selfish can hurt, I didnt really need it but still stuff happens |
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Pillar of the Community
United Kingdom
2881 Posts |
I see a lot of people here debating the pros and cons of the rising price of silver - but I'm curious on how much it really affects people. Are the ones who comment "that it matters" investing £1,000's of pounds in their collecting? - it would make a bit of a difference then if their collecting was solely on bullion coins (though to me that sounds a bit dull), or are we talking just a few £'s of a differences in the odd silver coin purchase, that these rises make?
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Valued Member
United States
277 Posts |
Crying cause I was buying it as fast as I could and I didn't get as much as I wanted
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Valued Member
United States
442 Posts |
I cashed in all of my $50 a.g.e. at $1450 an oz.That I purchased from 1980-2000 for $280 an oz +-  All of my culled silver that I collected over many years from bank rolls/casinos will go when silver surpasses the 1980 high of $50 an oz thats only $10.00 away with current silver at todays $40.00 an oz spot price  |
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Pillar of the Community
 United States
524 Posts |
Bacchus2, I think it depends on when you got in and what constitutes[alot of money] to you. As I stated in my poll I got a set of Franklins for $80 and they are now worth over $500. Thats 500% profit. I also got some ASE's for $8 and they are worth $40+. Thats 400% profit. If my other investments were anywhere near there I would be rich. I'm not rich for sure but it sure makes my wife quiet down about my boring hobby, and thats worth more than 500% profit right there.  Edited by BluesZone
04/08/2011 4:08 pm
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Valued Member
United States
307 Posts |
I was ready to sell/trade to other forum members when I first signed on to this forum on 3/18. Thank-you 250 post rule!
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Pillar of the Community
United States
2764 Posts |
I vote "Don't care" (an equivalent to a neutral vote to me) since I still have some ASE but didn't bother to build other silver set. |
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Pillar of the Community
United States
1081 Posts |
I don't care. I have some silver, but not much. I don't plan on selling anytime soon and am working on an IHC set which eats up more than enough of my coin budget. I guess it would be bad if you are in the middle of a silver set. |
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Pillar of the Community
United States
592 Posts |
Quote:
Thank-you 250 post rule!  That's gotta be a first! |
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Valued Member
United States
314 Posts |
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Replies: 99 / Views: 8,767 |
Posted 04/08/2011 3:15 pm
