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 Replies: 24 / Views: 2,633 |
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Pillar of the Community
United States
3294 Posts |
I get excited when it goes down, because I don't add it at above $30 and I sell it at above $40.
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Pillar of the Community
United States
4008 Posts |
Quote:
Ed get her to invest in 18K chains Jewelry, huh? Yeah, THAT she could get into. I'm wondering, though, if we dare go there. That path COULD lead to the Dark Side. Consume her it could.  |
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Bedrock of the Community
Australia
21788 Posts |
nod2003: As long as you dollar cost average on the way up AS WELL as the way down, you should do well. Record keeping is essential with this tactic.
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Pillar of the Community
United States
3294 Posts |
I try to buy coins that have a numismatic floor no lower then $20/oz, but I have no confidence in silver staying at the high levels it is so I don't feel it is a good idea for me to dollar cost average above $30. Besides, I don't put my real investments in silver, the real $$$ goes into stocks. Silver is just a hobby :)
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Valued Member
United States
410 Posts |
Silver is just a hobby for me as well. All the silver I'm holding is in silver proof sets. I figure that if the price of silver drops, a proof set will retain more value than a silver round or bar. More importantly, I like silver proof sets, the silver US State Quarters are very nice. |
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Pillar of the Community
United States
4008 Posts |
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More importantly, I like silver proof sets. Now, there is the essence of collecting.  |
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Pillar of the Community
United States
2168 Posts |
Yes and the silver proof sets are not that over spot (esp when it was around 40/oz). I did get some when it was about the same as junk silver over the summer the 2010 are a little less than the 2011. Now the junk is a better price but I'm glad I did get the proof sets instead of junk silver since I,too,think they will have better balue if sliver in general decreases. And could also have more value if it goes up either way. They look a whole lot nicer than junk.
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Valued Member
United States
410 Posts |
I purchased my 20 silver proof sets on ebay the 2nd and 3rd weeks of August. I paid an average of $38.12 per oz. It still amazes me that junk 90% silver was going for more than spot but I could consistently buy proof sets for less than spot. I was hoping to buy some 90's silver proof sets now that silver is down around $30 per oz but prices haven't fallen with spot. |
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Pillar of the Community
United States
2168 Posts |
I know the proofs were listed that the price was being adjusted on the US mint site but came back available for the same price. Other silver that was taken down is still unavailable last I checked
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Replies: 24 / Views: 2,633 |
First Page
Posted 10/03/2011 3:09 pm
