Coins That Did Not Sell - Coin Community Forum

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Author	Replies: 5 / Views: 1,174
Brucec Pillar of the Community United States 1026 Posts	Posted 04/30/2011 7:02 pm * Moved by Staff to a more appropriate forum. * I was just thinking 1.5 years ago I offered two MGC PF70 $50.00 gold buffalo coins for sale. Did not care if I sold them was going to get silver anyway no one bought them. Now I am sure glad I did not sell them Report this Post to the Staff

sel_69l Bedrock of the Community Australia 21786 Posts	Posted 04/30/2011 10:10 pm Perhaps you could sell them now and realise the profit. Always, one to the criteria I consider when selling is: 'Do I have have a need for the money I receive to be spent elsewhere?' If there is no need, don't sell now. Report this Post to the Staff
DNA Pillar of the Community United States 2734 Posts	Posted 04/30/2011 11:42 pm Quote: (I) was going to get silver anyway Which was $16.67/oz. on Oct 29, 2009 NY close ("a year and a half ago") and $48.48/oz. on April 28, 2011 NY close. Gold NY Close, for comparison: October 29, 2009 = $1045.80 April 28, 2011 = $1535.80 Report this Post to the Staff
Conder101 Bedrock of the Community United States 17884 Posts	Posted 05/01/2011 05:09 am Yep you're up roughly 50%. If you had been able to sell and buy silver you would have been up 200% Report this Post to the Staff
just carl Bedrock of the Community United States 20753 Posts	Posted 05/01/2011 08:37 am Just think of all the people that did run out and sell Gold or Silver coins for metal only a few years ago. Report this Post to the Staff
Sidekick-CA Pillar of the Community United States 509 Posts	Posted 05/01/2011 3:10 pm Quote: Just think of all the people that did run out and sell Gold or Silver coins for metal only a few years ago I'm one of them! Along about 2005 I invested $5000 in American Gold Eagles. Gold was around $432 at the time and I believe I got about 11 or 12 slabbed eagles. Can't remember exactly as I wasn't into coin collecting at all back then. Don't even remember the TPG. Sold em about a year later to a dealer. Needed the money. Wish I had that back! Report this Post to the Staff
	Replies: 5 / Views: 1,174

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