Anyone Else Happy To See Silver Drop? - Page 2

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Author	Replies: 22 / Views: 3,454	Page: of 2

rkrj Valued Member United States 277 Posts	Posted 05/12/2011 01:28 am I am with most people here, I am mixed about it dropping. I am happy that I can get more now at a good price, but it makes what I have worth less for the time being. Report this Post to the Staff
cwb1877 Pillar of the Community United States 1659 Posts	Posted 05/12/2011 04:20 am Down to $34.04 now. I'd like to see it drop below $30. Makes it easier to buy some! Report this Post to the Staff
Chriscoinmaster Valued Member United States 337 Posts	Posted 05/12/2011 08:15 am something to think about if you aren't planning on selling then how high it gets doesn't matter!! I wanted silver to go through the roof until I realized I have NEVER sold a coin in the 2 years I have been collecting if you avidly move your coins around and buy and sell then that's one thing but if not who cares how much your collection is worth, it isn't for sale Report this Post to the Staff
spaceace Pillar of the Community United States 797 Posts	Posted 05/12/2011 09:53 am I agree. I don't have any intention of selling (other than maybe a few extras or doubles). Of course it is nice to have something collectible that is worth more as an asset, but I collect mainly for the enjoyment itself and the historical context rather than the value or an investment. I like being able to buy some more silver coins to complete sets and start new ones without having to pay a premium based on the volatile PM price. It is one thing to pay an premium based on the rarity or condition or variety of the coin, but I don't enjoy paying a higher price based on the cost of the metal it is made with. So in other words, silver can keep on dropping as far as I am concerned. Report this Post to the Staff
spaceace Pillar of the Community United States 797 Posts	Posted 05/12/2011 09:54 am ...and dropping it is...down about $1.50 today. Report this Post to the Staff
bwbollom Valued Member United States 293 Posts	Posted 05/12/2011 5:43 pm I have no intention of selling anytime soon, so I'd much rather see it drop. I'd like to be able to stock up some more... Report this Post to the Staff
pidgeon New Member United States 8 Posts	Posted 05/16/2011 3:56 pm I bought 1.5kg of silver last week at 34.40. It appears to be a dip to me, but should at least move back up and to the mid-40's again if it is going down. It's volatile enough that you can wait to get the price you want. If it goes below what I paid, I'll just hold it. I do sell coins from time to time, mostly upgrades and series that I've completed and no longer interested in. I think it's fun to make room for something new. Edited by pidgeon 05/16/2011 3:57 pm Report this Post to the Staff
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