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If silver hits $100 I could be plugging holes in my Bust albums from 90% bags

tydyetydye Posts: 3,894 ✭✭✭
I have started numerous albums over the past few years as a fun way to accumulate 90%. VG barbers and even low grade seated all at 90% price. How far off from bust coinage in the 90% are we. My holed Capped Bust half collection is nearly there. Paid on average $20 a piece for them

Comments

  • gecko109gecko109 Posts: 8,231
    When silver hits $100, im pulling 300oz off the table and putting that $30,000 into a piece of land. I will then be into the remainder of my silver at -$17.14/oz.......yes, thats a negative!


    At $100 silver, I need to sell 180 oz of my 1,000 to be at break even to what I have into the pile.

    With current ~$47 silver, that number is much higher at 383 oz. Still not a bad move.....or is it?
  • BigEBigE Posts: 6,949 ✭✭✭
    I am culling out a couple of barber quarter and half albums as we speak, they are so thin they only fill a roll 3/4 up, hope this is OK to sell as 90% lol-------------------BigE
    I'm glad I am a Tree


  • << <i>When silver hits $100, im pulling 300oz off the table and putting that $30,000 into a piece of land. I will then be into the remainder of my silver at -$17.14/oz.......yes, thats a negative!


    At $100 silver, I need to sell 180 oz of my 1,000 to be at break even to what I have into the pile.

    With current ~$47 silver, that number is much higher at 383 oz. Still not a bad move.....or is it? >>



    I like your plan Gecko, I'll be tempted to do the same.
    A nickel ain't worth a dime anymore.
    Yogi Berra

  • OldEastsideOldEastside Posts: 4,602 ✭✭✭✭✭
    Last week or so, my thinking has been in that direction.
    Ya know what they sayimage

    Steve
    Promote the Hobby
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