If you sold silver in the last 4-6 months
Bochiman
Posts: 25,769 ✭✭✭✭✭
are you glad you did?
What did you get rid of if you are happy about it?
Given the backlog in the refineries, and how some of it is harder to sell as dealers lowball or flat out won't buy it, since it is harder for them to move some of it, I can understand taking some profits for people that stacked/held for years (or even less than a year, given where silver was a year ago).
But, are you happy you did sell?
Did you get completely out or did you sell some, keep some?
Just curious as I started spring cleaning just now and realized, with the circulated stuff (40%/90%), ASEs, silver proof sets, etc, I have more silver than I thought...and am starting to look at selling some (below melt)...but am not willing to be scalped at this point as I don't "need" the money...but I want to clean things up a bit since I'm thinking of moving in next 1-3 years and want to space my time in cleaning things up and move with less "things".
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
Comments
I sold from the FUN show onward in increments, which has had just as much price action as the past 6 months combined.
I don't regret selling. At FUN I dropped anything from 40% to bars and ASEs. Everyone was skeptical that the price would continue to rise (It's up 50% since). In hindsight I would have kept the bars and ASEs. Since then, I've continued to sell only the less liquid items (proof sets, .925, .9, etc). I'm holding onto the ASE and bars. Honestly, the shops are way back of spot so it's not worth selling any premium forms. I've dumped all my generic .999 and replaced with Engelhard, ASEs, etc as the premiums are negligible now, locally.
I sold 120oz of ASE’s about 2 weeks ago. I got $-3 back of spot at the time. Do I regret selling then? A little as I’d have an extra $3k+ if I sold now but that’s how the game is played.
I sold my silver bullion at $70. I quadrupled my investment so I was very happy to get that. Do I wish I kept it a bit longer to make more, sure…who wouldn’t? But I have no regrets at all. The cash was much more useful than bars sitting in a safe.
Still have all of my gold though. I must say however….with gold at over 5k right now, my interest in it is at an all time low.
I sold 60 rounds, a 5 oz Engelhard bar, a 20 oz JM bar and a few ounces here. I regret selling the Engelhard and JM bar. Not the money - annoyed that I don't own them anymore. I did buy some nice fractionals, but nothing like those old poured bars.
I've sold a handful of ounces of gold and a fair amount of .999 silver rounds in the last 3 weeks. No regrets. If an asset more than doubles, even if I fully believe in the asset, I'm taking some off the table and banking the profit.
It was a good idea at the time.
Seems like if you have ownership of metal sitting at a refiner it's just gaining in value every day. Just hope things don't correct.
I sold most of my silver bullion items for substantial gains, w/o any issues and slightly above spot at the time, during the last 12 month. Waiting for the correction to occur, and it will, as history will repeat itself.
I hit my lifetime goals for silver and gold in 2018, During 2025 I sold off just under 15% of my generic silver like Engelhard 100 oz extruded examples.The rationale was that silver is just too bulky to store. My last sale was November at the Baltimore show. Presently I am waiting for the silver price to stabilize a bit before selling any more.
Do I regret selling what I sold in 2025? The answer is "no" as I did not believe $40/oz would hold and viewed hitting $50 as unthinkable. Current silver price is a strange new reality I don't quite yet grasp. Sometime in 2026 I will start selling generic silver again but will retain my gold as it is much easier to store.
In terms of old poured bars, I stopped purchasing them back in 2018 when I could no longer purchase them without paying significant collector premiums. These days I am not adding to my old pour collection as I don't want to pay what the really rare ones fetch now. At the same time I am loathe to sell my rare examples for a premium knowing they are not readily replaceable.
https://www.pcgs.com/setregistry/gold/liberty-head-2-1-gold-major-sets/liberty-head-2-1-gold-basic-set-circulation-strikes-1840-1907-cac/alltimeset/268163
March of Time - 27 Centuries in Gold
https://coins.www.collectors-society.com/WCM/CoinCustomSetView.aspx?s=36590
Sold out and opened my business with the profits.
Any dollar I missed coming up is now coming through the door.
I've never personally stacked for the purpose of retirement or hedging dollars, I've always used it as a catalyst to get to what I want.
Can't take it with me when I'm gone so no good sitting on it until I'm dead.
BST📋✅️: mainejoe
Sold a little bit. Not Giddy about the price point but I helped a dealer and might have an in IF I want something new OR if someone else is liquidating and he's bought enough to pass the savings on to me.
I did buy a high end metal detector and I plan to go out more and get a return on the investment.
I did sell some vintage silver that I probably should have kept though.
I am perfectly content with selling when silver went over 100 bucks an ounce. You set a goal, wait, and then follow through. But maybe I am too used to owning stock and having an exit plan in place for the companies that are short/medium term holds. Trying to sell the peak is a fool's errand. Watching it go higher is a possibility you live with as part of a plan.
But with that said I still have more silver. I did not sell everything. I am thinking if silver gets to 135 I would sell the next batch. Gold is what I more or less hold on to with little thought of selling.
I've been selling since ~$75ish and I don't regret a thing. I am thankful every single day for the gift. Unfortunately, I have taken my time and still have several thousand ounces of physical to go. It aint easy moving these boat anchors. The paper SLV has been far more lucrative. Who would have thought the highest premium gutter today would be paper gutter? LOL CRZY WRLD! THKS!!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Retiring at 55, what day is today?
I sold all of my modern commemoratives when silver was in the $60 range. I was expecting the price to drop at any time then. I wasn't expecting $100. I still have my silver proof sets and silver State Quarters. Might be time to let them go too.
The battle scars of all the good times
Sell when it is going up and buy on the down cycle. If you made a profit - great. sounds great to me.
USN & USAF retired 1971-1993
Successful Transactions with more than 100 Members
I sold about $600 FV dimes and quarters at $50 as well as a pile of 40%. I can't complain, but I wish I had known it would hit $100.
. I didn't sell any Peace, Morgans, ASEs, halves or gold. I might sell some more at these prices. This is fun.
Collector of Pittsburgh Pirates cards for a slightly less stupid reason.
My Pirates Collection
I sold a few oz over the summer at 37, I sold some at 72, I sold some at 82.
DCA up and down. I definitely left money on the table in pure profit terms but I can't be upset taking a profit.
Sold and selling mostly silver items, slowly. Got rid of US Mint products, semi-numismatic coins/medals and a bit of 90%. Unlikely I'll sell everything anytime soon,as I regard gold/silver as insurance, not investment.
Not physical, but got stopped out of SLV at 97 today on the plunge
Diamond Hands here .... no selling! Will hand it down. HOPEFULLY!
COPPER is gutter !
Appreciate your candor.
Sold some silver at around $85. At that point everything was being bought below melt. Take some profit off the table. Don't try to guess the peak. Easier to sell into a rising market than a falling one. That's about all the relevant cliches I can come up with. Anyone else?
The pardon is for tyrants. They like to declare pardons on holidays, such as the birthday of the dictator, or Christ, or the Revolution. Dictators should be encouraged to keep it up. And we should be encouraged to remember that the promiscuous dispensation of clemency is not a sign of political liberality. It is instead one of those valuable, identifying marks of tyranny.
Charles Krauthammer
I sold 50k 8 months ago to buy a rental property for my wife.
Then I just sold another 50k to pay credit card debt.
I still have a bit just in case things get crazy. Hardest part now is... What do I tuck away... Normally I buy gold or silver each week on top of the Roth contributions... But now I am having a hard time finding where to stash that extra few dollars each week... c'est la vie. 1st world issues right now.
Did the bubble burst?
buy the dip
When gold and silver move together, it signals the coming end of fiat money.
If the dollars continues to weaken this trade is not dead.
Correction is healthy
Steps up not slippy slides...
sold my 2010 America The Beautiful set of five 5/oz pucks on eBay for 2995 last week and three ugly 1oz rounds at the local coin shop for 95/each yesterday. Late December 12/27 at a different LCS sold five duplicate 5oz pucks for 2K and one 2009 UHR for 4500. No regrets and will continue to slowly liquidate if prices spike higher. If prices drop to retest the 50 dollar break out zone, I'll start buying again.
jdimmick;Gerard;wondercoin;claychaser;agentjim007;CCC2010;guitarwes;TAMU15;Zubie;mariner67;segoja;Smittys;kaz;CARDSANDCOINS;FadeToBlack;
jrt103;tizofthe;bronze6827;mkman;Scootersdad;AllCoinsRule;coindeuce;dmarks;piecesofme; and many more
If you can make 400% on any kind of sale or investment, I believe you can call it successful even if you didn't time it exactly right at the peak. I sold $175 face at FUN and the 90% silver I had I sold at over 400% gain. 👍
USAF (Ret.) 1985 - 2005. E-4B Aircraft Maint. Crew Chief and Contracting Officer.
✓ Everyman Mint State Carson City Morgan Dollars (1878 – 1893)
✓ Morgan Dollar GSA Hoard (1878 – 1891)
✓ Everyman Mint State Lincoln Cents (1909 – 1958)
✓ Matte Proof Toned Lincoln Cents (1909 – 1916)
I sold from $50 to now in regular increments. I'll continue selling as long as it remains above $50. That was my promise to myself in 2012 and I'm following through. You can never time the top or the bottom. You pick your spots and don't look back.
All comments reflect the opinion of the author, even when irrefutably accurate.
The good news.. I sold around 70 Toz since December. The bad news... I bought around 130 Toz during the same period, lol.
This isn't a dip. Might be a "free fall."
It's back to mid January's price. Yawn.
COPPER is gutter !
Still at historical levels, but likely the largest one-day drop in price ever isn't a yawn event. I'm curious as to what shops are dealing with today, and hoping that dealers with many hundreds of thousands of dollars in bullion don't get slaughtered.
Yep, the higher the number the higher the volatility.
COPPER is gutter !
Hopefully they are hedged.
The big local shop stopped buying PMs unless he had a buyer lined up
It's hard for a small shop to hedge efficiently
All comments reflect the opinion of the author, even when irrefutably accurate.
Good strategy. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Retiring at 55, what day is today?
I sold silver in December because I needed the $$$ for FUN 2026.
I sold a few lots. Included in them is pocket change I received during the financial crisis of 2008-2010. People in my area were spending silver quarters and dimes back then. So I'm very happy to take 50-60x face value. Like winning a free cruise.
All is good. Market is taking a step back and taking a breather before heading higher. Enjoy the ride.
USAF (Ret.) 1985 - 2005. E-4B Aircraft Maint. Crew Chief and Contracting Officer.
✓ Everyman Mint State Carson City Morgan Dollars (1878 – 1893)
✓ Morgan Dollar GSA Hoard (1878 – 1891)
✓ Everyman Mint State Lincoln Cents (1909 – 1958)
✓ Matte Proof Toned Lincoln Cents (1909 – 1916)
I tried to off load as much silver as I could over last 3-6 months.
I am sure to get a lot of blow back about this but here goes............
Started with a monster box at around $50/oz
Sold silver proof ATB and Statehood quarters at around 50X face.
Sold common dated Peace and 1921 Morgans at around $6/each
Pulled lg # of burnished silver eagles from annual uncirculated dollar sets and OGP single coin boxes...(2008-2014 burnished), ..
Last sale was a mixture of ASEs that were PCGS graded 69 MS and Proof 2006 ASEs including a couple of reverse proofs with developing milk spots. Also sold were ASEs pulled from 2011 5 coin sets. Kept the Burnished 2011-s and reverse proofs from sets as they have key low mintages. (Yes I really did brake apart 2011 5 coin sets)
These last ASE sales were this past Monday at $111/oz to an individual.
Average for last 30 days of ASEs sales was $96/oz This includes the those sold at $111
Unfortunately I am still holding a quantity of platinum coins I did not get a chance to pull from safe deposit boxes before Friday. These prior sales of ASEs softens the blow from Fridays crash but with my remaining Plats and AGEs I definitely feel Fridays pain....................
Like the previous poster, I have sold some and was planning on moving more when we crossed $110 but I couldn't get to my safe deposit box before Saturday. I believe the downsides and the friction associated with transacting in physical bullion has become very tangible for all here who have been trying to cash out over the last month.
I'm fine with my decisions but if I were to do it again I would probably not be so hasty in selling the paper claims on PMs as that would have made it easier to capture profits on quick moves to the upside like we have seen. I don't imagine that very many market participants saw these assets behaving in this manner so I think I did about as well as I could expect to do given the circumstances.
big dip, big buy. It has already recovered $12 since its low on Friday, but I'm holding out for $78.
When gold and silver move together, it signals the coming end of fiat money.
I sold all my Silver last weekend. 23 SAE Rolls and $150 in 90%, Mostly halves. I'll be looking to buy back probably
middle to end of next month.