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At what price level would you start selling your silver?

291fifth291fifth Posts: 24,674 ✭✭✭✭✭
.900 fine coins, low value numismatic coins, medals, jewelry, sterling tableware...

Many who remember the boom of 1979-80 wish they had sold at the peak in January, 1980. When will you start selling? Will you sell everything this time?
All glory is fleeting.

Comments

  • .900 coins: $15
    Medals: $20
    Jewelry: $30
    Silverware: $45
    image
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  • TWQGTWQG Posts: 3,145 ✭✭
    A third of my silver goes at $18/oz.
  • RichieURichRichieURich Posts: 8,553 ✭✭✭✭✭
    .900 coins: whatever spot is at the time, I don't hold onto it, just turn it over
    Medals: $20
    Jewelry: $30
    Silverware: $45
    Teeth fillings: $100
    Those silver BB's you find in Christmas cookies (note: some brands do actually contain silver!): free

    An authorized PCGS dealer, and a contributor to the Red Book.

  • 40% of my silver is gone at $20 an ounce, another 30% sold at $50 an ounce and the last 30% is sold at $100 an ounce......by that time I should be deep in my grave!
  • robertprrobertpr Posts: 6,862 ✭✭✭


    << <i>.900 coins: whatever spot is at the time, I don't hold onto it, just turn it over
    Medals: $20
    Jewelry: $30
    Silverware: $45
    Teeth fillings: $100
    Those silver BB's you find in Christmas cookies (note: some brands do actually contain silver!): free >>



    image What kind of cookies have you been buying?
  • sold 12 rolls of really circulated war nickels at 14.17 per ounce got 18.00 per roll felt pretty good since I pulled them all out of circulation.
  • TheRavenTheRaven Posts: 4,148 ✭✭✭✭
    At $18 I would probably cash some of it out if not a very sizable chunk of it.....

    Silver has been about that $12 range for a long time now.....
    Collection under construction: VG Barber Quarters & Halves
  • I have been selling as much as I can any time get close to 13. Its worked out well, and I stock back up at 10. I am mostly in it for the bag searching. image But I will sell it all @ 16
  • RichieURichRichieURich Posts: 8,553 ✭✭✭✭✭


    << <i>

    << <i>.900 coins: whatever spot is at the time, I don't hold onto it, just turn it over
    Medals: $20
    Jewelry: $30
    Silverware: $45
    Teeth fillings: $100
    Those silver BB's you find in Christmas cookies (note: some brands do actually contain silver!): free >>



    image What kind of cookies have you been buying? >>



    Sugar cookies with what look like silver BB's on them. The silver BB's I believe are harder than industrial diamonds. Ususally these cookies are homemade. You can find the silver decorative pieces at the store in the baking section around the holidays.

    An authorized PCGS dealer, and a contributor to the Red Book.

  • Rather than a set price level, a certain mood of euphoria is probably a better indicator. Look for newbies posting about their huge profits made by buying silver, or posting about how borrowing money to buy silver makes sense, or acting like experts because they have been in for three months and doubled their money.

    The mood will be so good no one will want to sell, and virtually no one will sell. No one gets out at the top, and only fools and superheroes look for the last dollar. Sentiment can be a powerful way to gauge whether a top is being made. This board can at times be a relatively good gauge.

    /edit typos
  • One half at $50, the rest at $100/oz.

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