I sold my SLV earlier today when silver was stalled $18.80 an ounce. Now it is $19.04. Fortunately I pocketed a profit - just not as large as it would have been if I was a mite bit more patient.
It was mostly odd ball stuff such as generic rounds and art bars. It was not all my silver but a sizable about. I missed the last peak when it hit $19.
I sell my bulk stuff to local guys that are very fair. There are quite a few of them near me.
I normally dont complain about a 25-50 cents here but it was the timing of it. It spiked right after I sold. It would of made about a $150 difference had I went out for breakfast first
<< <i>I sell my bulk stuff to local guys that are very fair. There are quite a few of them near me.
I normally dont complain about a 25-50 cents here but it was the timing of it. It spiked right after I sold. It would of made about a $150 difference had I went out for breakfast first >>
Ah I see, a McMuffin was in order. So you sold a brick worth of those generics, but what was your cost average on all that? If you were in for an average of say $12/oz then no biggie.
60oz at 18 is pretty good. I usually end up paying a hefty premium for my 1oz bars. I try and by the brand name however. There are always deals to be had inthe odd ball non branded stuff.
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don't sweat it..it happens to us all!
CJ
MANY positive BST Transactions
Hey, if you needed the cash for something important, that's in the game plan. It happens.
I knew it would happen.
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
<< <i>Just curious where most of you sell your silver quickly when the prices spike? >>
It would be my local "Cash for Silver" don't need no stinkin' shipping boxes or post office time, favorite B&M shop when the mood strikes.
Which it hasn't yet.........
Miles
I normally dont complain about a 25-50 cents here but it was the timing of it. It spiked right after I sold. It would of made about a $150 difference had I went out for breakfast first
<< <i>I sell my bulk stuff to local guys that are very fair. There are quite a few of them near me.
I normally dont complain about a 25-50 cents here but it was the timing of it. It spiked right after I sold. It would of made about a $150 difference had I went out for breakfast first >>
Ah I see, a McMuffin was in order. So you sold a brick worth of those generics, but what was your cost average on all that? If you were in for an average of say $12/oz then no biggie.
Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
But... this past week I added about 60oz's at $18 per.
Click on this link to see my ebay listings.
selling physical is a no-no