Numismatic gold on the rise
I know us collectors tell ourselves that we are just involved for the history, camaraderie, and educational aspects of the hobby. Most likely this is because we realize that the sales environments we have enabled both at buying time and selling time are heavily skewed in favor of the dealers (buy at retail, sell at wholesale- or lower if the dealer is less scrupulous and is buying from your uneducated estate).
That said, the retail prices on Numismatic gold since the start of the pandemic may offset that spread afterall, and could even result in us keeping up with inflation.
I know I have seen more than a few old time numismatic gold collectors taking advantage of the record prices and offloading their collections on eBay and elsewhere to get their money out while they can get top dollar (compared to prices from a decade ago).
Has anyone here recently experienced a happy (and maybe even unexpected) benefit at sale time? If so, what was the motivating factor for selling now?
Were you selling a long time hold, making an opportunistic flip, or something else?