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How do you guys cope with gold and silver costing so much more

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  • GoldFinger1969GoldFinger1969 Posts: 2,541 ✭✭✭✭✭

    The erosion of numismatic premiums when gold and silver were much lower is the tricky part.

  • AzurescensAzurescens Posts: 2,810 ✭✭✭✭✭
    edited September 6, 2025 2:02PM

    Still waiting on PR68 and PR69 "didn't catch a 70" key date proof eagles to go up. Thought I was safe with keys but they've more or less been the same price since March 2020. Whether spot is 22 or 41 they cost the same.

    Key date commems and modern bullion have outperformed them by a mile. I tend to find more of those under spot too, or like spot with free shipping. A lot more of them catch MS70 and PR70 too.

  • ashelandasheland Posts: 23,817 ✭✭✭✭✭

    I’m still buying at these prices, although it kind of sucks :D

  • AzurescensAzurescens Posts: 2,810 ✭✭✭✭✭

    @asheland said:
    I’m still buying at these prices, although it kind of sucks :D

    I agree. I just reloaded the war chest to carry me through next year. It cost more to do but I'm probably going to make more. The issue for me is not having enough dry powder to do a higher volume or make more risky plays.

    I really like gambling on "is this ebay seller a real person" and "is this mislisted item with a blurry photo what i think it is?" Those are often the situations that result in getting sweet stuff well below spot. They can, and do, also result in a frustrating experience of having my money tied up for weeks or having to do a card dispute.

    I still can't make heads or tails of what markets have premiums that stagnate or go up with spot. I have some type of autism so pattern recognition is like a superpower and it is still hard to get a read on it. I'm starting to think the market is just gonna do whatever it wants to do.

  • RedneckHBRedneckHB Posts: 19,717 ✭✭✭✭✭

    @Azurescens said:

    I still can't make heads or tails of what markets have premiums that stagnate or go up with spot.

    Thats why some of us stay away from premiums and instead trade spot.

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

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