How has $4000+ Gold and $60+ Silver Impacted Your Collecting Habits?
foodude
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For example, have you started collecting a different series or two?
Greg Allen Coins, LLC Show Schedule: https://forums.collectors.com/discussion/573044/our-show-schedule-updated-10-2-16 Authorized dealer for NGC, PCGS, CAC, and QA. Member of PNG, RTT (Founding Platinum Member), FUN, MSNS, and NCBA (formerly ICTA); Life Member of ANA and CSNS. NCBA Board member. "GA3" on CCE.
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pennies from heaven
My gold and silver coins mainly have numismatic value.
I have always “collected” bullion. That hasn’t changed except my buying has significantly decreased.
Yes. I bought Barber Quarters for what is now a bargain. Good to fine to Xf .I'll be posting them in the next week.
I’ve been motivated to get to of many coins that no longer have numismatic value a continue to buy higher value coins.
So I’ve gotten rid of stuff and used that to buy what I would already buy (I didn’t sell anything, ever, until silver started rising)
I just buy less. I mostly look for varieties, and I am still hunting those, but other than that, I have just been waiting for the market to stabilize.
God bless all who believe in him. Do unto others what you expect to be done to you. Dubbed a "Committee Secret Agent" by @mr1931S on 7/23/24. Founding member of CU Anti-Troll League since 9/24/24.
I stretched the budget for the last piece of gold I wanted... but it was more a numismatic purchase... $3 Princess Gold .
Since then, I bought a couple of books on Hard Times tokens and Counterstamped pieces of the era and I've made a few purchases there. It's not always one gets a decent piece of copper from the 1830s in XF to AU condition for less than $100.
Successful BST transactions with: SilverEagles92; Ahrensdad; Smitty; GregHansen; Lablade; Mercury10c; copperflopper; whatsup; KISHU1; scrapman1077, crispy, canadanz, smallchange, robkool, Mission16, ranshdow, ibzman350, Fallguy, Collectorcoins, SurfinxHI, jwitten, Walkerguy21D, dsessom.
I think now may be a decent time to buy pre 1865 double eagles in collector grades or higher with stickers if you have a little gamble. They haven’t significantly increased in price and if gold drops the numismatic premium may increase to offset the gold price decline.
No impact on me whatsoever. The coins I collect trade at many multiples of the base metal value, they dont move much (if at all) with metal prices.
I’m buying more 17th and 18th century foreign gold as the “numismatic premium” has shrunk relative to prices. May very well not hold, but it gives me more comfort buying the larger pieces.
(I collect foreign type coins that were used in the colonies and that were legal tender in the US, along with traditional colonials and Federal US type.)
Not at all.
My numismatic silver coins far exceeds the bullion prices so no impact plus little to no effect on my cent collection.
However, now that I think about it, the value of all my scrap silver and gold will positively effect my collecting and buying power of other numismatic rarities.
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)
The increased valies have impacted me slightly. Over a year ago, I had a small amount of disposable income, enough where I was planning to start a date and mintmark set of quarter eagles.
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Coins I buy for my collection are not exclusively tied to their bullion value. However, I have slowed on the impulse purchases of cool coins or bullion that are priced right around melt.
Collector
Over 100 Positive BST transactions buying and selling with 57 members and counting!
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I've been able to buy a few things this year that would otherwise have been far out of reach by selling bullion I'd held for years to offset the out of pocket expense.
The profit I've made on bullion has given me a little more financial resources for buying over the past year. That's been the only impact for me.
Official PCGS account of:
www.TallahasseeCoinClub.com
Thought I was smart to have traded 3 gold 1/10 oz eagles I’d purchased at least 5 years ago for a CACG XF 40 1871 Seated dollar at Summer Baltimore…..
…..fast forward to today and I don’t feel quite so smart.
I bought a decent amount of silver commemoratives and other coins when silver was in the $20's....the coins normally cost $60-$100 for the most part, 100-200% premiums.
No idea what they are worth now with silver above $60.
Negatively.
I had been getting a 1oz buffalo every year, but now it feels like too much $ taken from my more serious numismatic pursuits. But I'm tempted, because I think the prices are going to go significantly higher.
Collector of Liberty Seated Half Dimes, including die pairs and die states
Absolutely no impact on what I may or may not do. The increase does attract attention, though, & that’s always good.
“The thrill of the hunt never gets old”
PCGS Registry: Screaming Eagles
Copperindian
Copperindian II
Indy Eagles
Gold Rush
Retired sets: Soaring Eagles
Copperindian
Nickelodeon
Early Walkers
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It so happens to coincide with a time in my life when I’m not actively accumulating more, just sitting on what’s there so it hasn’t changed my collecting any.
However, if I were still actively collecting, I wouldn’t be due to these base costs.
Increased excitement. . Mainly been raising prices to keep up with MV lol. Strong sales. Certainly want keep good inventory level for this kind of bull market.
Enjoying the good bull market / fantastic sales.
As far as any ongoing investment in bullion related (coins) material position plan continuing procurement. How high can it really go? Will we see large impact on generic Morgan / Peace Dollars? It’s an exciting time for investors. Be sure and check CDN CPG MV too see impact on significant BV numismatic coins.
I exclusively only purchase PCGS certified coins now. These crazy higher prices have no relevance to my buying decisions. Buttttt……. all the silver Eagles, 40 and 90% “junk silver “, foreign silver and sterling item I have from the last 40 years of putting it aside are significant now. If this upward trend continues, and I believe it will, I do have an exit strategy and a price point to get out at.
Decreased my bullion holdings. Added to my copper holdings
The remaining coins I need for my $2.50 set sell for many mulitiples of bullion value. Thus no impact on my collecting.
I am paying increased attention to the more common full weight Byzantine pre 11th Century gold with approximately 95% fineness that sometimes sells for not much more than bullion value.
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
I have accelerated my buying over the last few months. Enjoying the hobby.
Successful BST with drddm, BustDMs, Pnies20, lkeigwin, pursuitofliberty, Bullsitter, felinfoel, SPalladino
$5 Type Set https://www.pcgs.com/setregistry/u-s-coins/type-sets/half-eagle-type-set-circulation-strikes-1795-1929/album/344192
CBH Set https://www.pcgs.com/setregistry/everyman-collections/everyman-half-dollars/everyman-capped-bust-half-dollars-1807-1839/album/345572
It has not impacted my collecting. Thank goodness I did not sell a couple of extra $20's two years ago.
Never been a bullion buyer/collector. Recently sold some of my numismatic gold duplicates and picked up a South African Big Five Elephant one ounce platinum coin for a good price (less than bullion price). In that short time, platinum has increased nearly $200. To me, gold is not attractive as buy right now, while platinum and silver have a lot of catching up to do.
I’m in the same camp. There are two gold coins I’d like to buy, but the price is too steep for me.
For last few years prior to this one I’d buy a minimum of 1/10 oz gold eagle pretty much every time I went to my LCS, so at least once a month (often more).
Then as it spiked I starting thinning out my stash by trading a few ounces to dealers for very nice coins I coveted for my type set.
Im sure I could’ve played it smarter but I have no regrets. Gold was never a large or serious part of my family’s investment strategy. Neither are coins but I love them.
I don't collect gold coins, and the numismatic value of silver coins swamps $60/oz, so it has not affected my collecting much.
There are two exceptions to that--I sold several ounces of gold I had bought over the years to fund my most recent coin purchase; without the run-up in gold price, that would not have worked; and I have given up ever owning a double eagle. But what I "collect" hasn't changed.
Much more likely to sell than buy; it’s hard to see 90% silver coins melted
Most likely melt if selling.
@softparade on Precious Metals Forum 12/18/2025 posted Vermillion Enterprises - Spring Hill, FL (near Tampa) is selling 1000 5 ounce America the Beautifuls at melt. They recently spent $300,000 one morning buying melt!
My take is that if people have a lot of extra disposable income, that little in the way of changes have happened except opportunity buying. For those who bought certified coins both for the joy of the hobby and investment purposes, they may be affected.
Overall, quite a damper as interest in non-gold coins seems to have waned and people just don't get excited over the scarcer silver or copper coins - at least in my experience.
I cringe at the prices some nice but not great coins go for as the bullion value has likely swallowed the numismatic. I don't like it personally even though the stack has grown a fair bit with this rise. This is the first year I have not gotten the MS70 gold eagle fractionals & just don't see paying 2500+ for a half eagle - that hurts as I have a complete run back to 1986 stuffed up in the SDB.
An acquaintance of mine has about 200 1 oz. eagles stashed away as he lost interest and just kept them locked away in an old gym bag! I think he may have some pre-1933 also stashed and he has no idea what he has & I would at least like to look at those.
Well, just Love coins, period.
I have sold many bullion/commemorative coins. Many I wash I held onto longer as prices have continued to surge.
Next to go are all of my 5 Oz ATB silver hockey pucks.
The hard thing to sell are a few 20th Anniversary 2006 AGE $50 Rev Proofs graded 70DCAM. The premium to bullion has fallen....
I'm buying more silver coins and it looks like some really fantastic designs are coming out from the mint next year that I'm excited about. I also bought my first ancient coin which I'm really enjoying. If there is a gold coin with a great design maybe I'll pick it up but I'm beyond casually buying gold at these prices. I probably won't be comfortable buying gold coins again for awhile until I see price stability over the longer term.
Used to buy 2 or 3 gold coins/year.
Bought one in 2025
I still want/don't have a 2009 UHR Eagle but every time I try to get one I see a really nice saint with a perplexingly low premium.
My Saint Set