Buying Older Melt Silver Coins
JJM
Posts: 8,039 ✭✭✭✭✭
Lately as a diversion , I've been surfin the Bay and BST and buying smaller lots of 3-20 coins or so, and
accumulated a few tubes of each denomination. I kinda enjoy looking through cird'd silver, and
its kept handy. ive been able to pluck several nicer coins out of various lots and auction them off @15-20X
at the end of the day , in general , Im at about 10X face delivered on this stuff.
working under the assumption silver will rise over the next few years....
So, my question is, is buying @ 10x now foolish ?
accumulated a few tubes of each denomination. I kinda enjoy looking through cird'd silver, and
its kept handy. ive been able to pluck several nicer coins out of various lots and auction them off @15-20X
at the end of the day , in general , Im at about 10X face delivered on this stuff.
working under the assumption silver will rise over the next few years....
So, my question is, is buying @ 10x now foolish ?
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Comments
I do the same thing, btw, and I have a LOT of silver coins now...
besides it's a hella'fun looking through the stuff.....beats buying ASE or bullion for the fun value....
beats buying ASE or bullion for the fun value....
yeah, Thats where i'm at with it