Are You Planning On Or Have You Liquidated Any Cards To Invest In The Gold/Silver Markets?

Options

With the hot precious
metals market seems somewhat tempting. Gold over 4k an ounce,silver over $50. Both continue to rise.

Successful transactions:Tookybandit. "Everyone is equal, some are more equal than others".
«1

Comments

  • toadstrangler
    toadstrangler Posts: 10,034 ✭✭✭✭✭
    Options

    It's passed through my thick skull.

    COPPER is gutter !

  • waxman
    waxman Posts: 934 ✭✭✭✭
    Options

    Hi @BLUEJAYWAY, I was actually thinking about selling my silver now to upgrade my silver later. I have a small group of Walking Liberty haves and Morgan & Peace dollars in cull and G-4 condition that I was thinking about selling now, and if the price of silver goes back down later, I would scoop up some VG examples to keep going on my set. I am a "set completer" in both cards and coins, so I get a rush from filling in my missing slots whether it be in a 9-pocket Ultra Pro page or a Whitman folder.

    However I am just one data point and I am curious what others think. Silver right now is certainly going through some interesting times and it can make one think about trading cardboard for precious metal.

    Adam
    collecting O-Pee-Chee (OPC) baseball cards
    also collecting US & Canadian junk silver
  • coinkat
    coinkat Posts: 24,542 ✭✭✭✭✭
    Options

    No. I am still adding to my topps and Bowman cards from the 1950s.

    Experience the World through Numismatics...it's more than you can imagine.

  • ElMagoStrikeZone
    ElMagoStrikeZone Posts: 2,230 ✭✭✭✭✭
    Options

    @craig44 said:
    seems like all time highs would be the worst time to buy?

    Conventional wisdom would have suggested buying at the beginning of the year. It still may be worthwhile with predictions of 5K oz. for gold sometime soon.

  • toadstrangler
    toadstrangler Posts: 10,034 ✭✭✭✭✭
    edited October 14, 2025 11:42AM
    Options

    Bank of America today say they expect $65 Silver in 2026.

    COPPER is gutter !

  • 1982FootballWax
    1982FootballWax Posts: 2,839 ✭✭✭✭✭
    Options

    I'll be glad to sell my Junk Wax for metals... Any one need 90 Leaf Thomas', 90 Fleer Jordan's or a gross of 88 Topps Mackey Sasser's...

    It's the singer not the song - Peter Townshend (1972)
    Not even a minute do I buy the whole buh buh buh I'm a man-child japery - Me (2025)

  • handyman
    handyman Posts: 5,702 ✭✭✭✭✭
    edited October 14, 2025 3:39PM
    Options

    So glad psa made it hard to get things graded for vintage cards the last three years. Made me look at coins more. been insane and fast. I wonder what this will do to pcgs. Now a lot of quality high grade coins are now just being melted and grading doesn’t even add much value and is a negative cost adding almost no value from what I can tell.

  • UlyssesExtravaganza
    UlyssesExtravaganza Posts: 1,026 ✭✭✭✭✭
    edited October 14, 2025 4:10PM
    Options

    I'm not selling cards to do it and not buying the physical gold but I did add to a position of a publicly traded company that mines for gold earlier today.

    Have been liquidating my sports cards that are less appealing/duplicates to buy TCG/Pokemon cards that also have been rising a bit.

  • ElMagoStrikeZone
    ElMagoStrikeZone Posts: 2,230 ✭✭✭✭✭
    Options

    Funny stuff. No matter the opinions on junk, I’ve got Frank to thank for making ‘90 Leaf my slam dunk for all the years it was commanding good money. I still keep a few of them around so I have somewhere to heap my admiration.

  • sayheywyo
    sayheywyo Posts: 639 ✭✭✭✭
    Options

    Didn't sell cards, but in the same boat as handyman. Discouraged with PSA and started picking up silver rounds two and a half years ago just for kicks making a couple purchases a month. Accumulated around 800 ounces of silver.

  • 1982FootballWax
    1982FootballWax Posts: 2,839 ✭✭✭✭✭
    edited October 18, 2025 2:13PM
    Options

    @West22 said:

    @1982FBWaxMemories said:
    I'll be glad to sell my Junk Wax for metals... Any one need 90 Leaf Thomas', 90 Fleer Jordan's or a gross of 88 Topps Mackey Sasser's...

    Please check in with your doctor as you seem to be forgetting how frequently you make this post

    Thanks for the Montage I will be adding many more posts like that for you to include in the next one for you to spend your time assembling.

    It's the singer not the song - Peter Townshend (1972)
    Not even a minute do I buy the whole buh buh buh I'm a man-child japery - Me (2025)

  • handyman
    handyman Posts: 5,702 ✭✭✭✭✭
    Options

    Another fun way to look at it now.
    Just 6-10 oz of gold can now get you a PSA 1-2 1952 Topps Mickey Mantle and 16oz for a PSA 4.
    T206 Red Cobb SGC 3 for 1oz of gold.
    Crazy

  • 1all
    1all Posts: 539 ✭✭✭
    Options

    @handyman said:
    So glad psa made it hard to get things graded for vintage cards the last three years. Made me look at coins more. been insane and fast. I wonder what this will do to pcgs. Now a lot of quality high grade coins are now just being melted and grading doesn’t even add much value and is a negative cost adding almost no value from what I can tell.

    Rumor has it that PCGS will be focusing all their efforts into grading Chuck E Cheese tokens and vintage coins will have to take a back seat.

  • 1982FootballWax
    1982FootballWax Posts: 2,839 ✭✭✭✭✭
    Options

    @handyman said:
    Another fun way to look at it now.
    Just 6-10 oz of gold can now get you a PSA 1-2 1952 Topps Mickey Mantle and 16oz for a PSA 4.
    T206 Red Cobb SGC 3 for 1oz of gold.
    Crazy

    Intrinsically yep

    It's the singer not the song - Peter Townshend (1972)
    Not even a minute do I buy the whole buh buh buh I'm a man-child japery - Me (2025)

  • Raptormaniacs
    Raptormaniacs Posts: 160 ✭✭✭
    Options

    I’m hanging on to my gold. It’s $4k when things are shaky., imagine where it goes when the market and crypto come down…..

  • BLUEJAYWAY
    BLUEJAYWAY Posts: 11,795 ✭✭✭✭✭
    Options

    @handyman said:
    Another fun way to look at it now.
    Just 6-10 oz of gold can now get you a PSA 1-2 1952 Topps Mickey Mantle and 16oz for a PSA 4.
    T206 Red Cobb SGC 3 for 1oz of gold.
    Crazy

    Rather have the gold in this market. I think if push comes to shove more people are apt to take gold in trade than a sports card. Gold is universally traded. Larger market as well. There is just something special and appealing about the yellow metal. Been that way for 1000's of years

    Successful transactions:Tookybandit. "Everyone is equal, some are more equal than others".
  • handyman
    handyman Posts: 5,702 ✭✭✭✭✭
    edited October 16, 2025 4:43AM
    Options

    Can’t wait to trade one oz for a 1952 topps mantle psa 1. But I’m afraid my electricity and water won’t be working at that time. Crazy times

  • UlyssesExtravaganza
    UlyssesExtravaganza Posts: 1,026 ✭✭✭✭✭
    Options

    You guys just made me buy more shares of Newmont Corporation. I get that the shiny stuff is cool but I like the idea of getting rid of it with a click click.

    I suppose that is the same as keeping your awesome cards in the Vault. But I always want the cards in hand.

  • craig44
    craig44 Posts: 13,167 ✭✭✭✭✭
    Options

    I have never purchased gold bullion. is it easier to sell/trade the smaller units rather than a full ounce at a time? like 1/10 ounce, 1/4, 1/2 or the small 1 gram bars.

    I know it is cheaper to purchase a full ounce at a time, just thinking about the potential resale.

    George Brett, Roger Clemens and Tommy Brady.

  • West22
    West22 Posts: 303 ✭✭✭
    Options

    @craig44 said:
    I have never purchased gold bullion. is it easier to sell/trade the smaller units rather than a full ounce at a time? like 1/10 ounce, 1/4, 1/2 or the small 1 gram bars.

    I know it is cheaper to purchase a full ounce at a time, just thinking about the potential resale.

    As a coin collector this pains me to say, but for the purposes of an investment, liquidation for cash at fair market price to a deep liquid market is of paramount importance. Unless you are a coin collector or are keeping physical bullion for intrinsic reasons, holding the investment in ETF form in a brokerage or retirement account is the most sensible and cost effective way by far.
    All metals had heavy pullback yesterday but positioning was probably getting extreme. It's a great long term investment especially for those over exposed to Nasdaq and AI.

  • Ahmanfan
    Ahmanfan Posts: 4,513 ✭✭✭✭
    Options

    All time highs is when I would be cashing out a popping into underperforming assets. What those are in this market is hard to say though.

    Collecting
    HOF SIGNED FOOTBALL RCS
  • handyman
    handyman Posts: 5,702 ✭✭✭✭✭
    Options

    Psst Oranges… Shhhhh!

  • BJY83
    BJY83 Posts: 294 ✭✭✭
    edited October 18, 2025 5:21PM
    Options

    @craig44 said:
    seems like all time highs would be the worst time to buy?

    :D

    Brian

  • Kepper19
    Kepper19 Posts: 439 ✭✭✭
    Options

    and graded recently...how is that even possible? oh wait...we have our assumptions

  • Raptormaniacs
    Options

    @Ahmanfan said:
    All time highs is when I would be cashing out a popping into underperforming assets. What those are in this market is hard to say though.

    Some people are afraid of heights. I get it….

  • Kepper19
    Kepper19 Posts: 439 ✭✭✭
    Options

    the top card in the link above is the one I meant to post earlier that had crazy PSA 10 centering

  • West22
    West22 Posts: 303 ✭✭✭
    Options

    Cannot help but notice how strong the precious metals markets have been. I love cards but a lot of the middle-lower end and junk wax era stuff has underperformed all assets this year. I hold a decent amount of the higher end 1989-2000 era unopened and the market is just kind of quiet.

    Choosing right or playing in the top 5% of the market has really paid off for some. Higher end vintage, Jordan/Kobe and Pokemon, and certain modern players or rare high end inserts seems to be where the best returns have been. Curious what others experience has been.

  • 1982FootballWax
    1982FootballWax Posts: 2,839 ✭✭✭✭✭
    edited December 31, 2025 7:35AM
    Options

    One might speculate that true junk wax unopened supply may still very well be near equal to all that has ever been opened.

    Should have sold all my 88-92 unopened during the pandemic. Now its not even even worth the effort.

    For pure nostalgia i recently purchased a really nice magnetic acrylic case to place one of my 90 Fleer Basketball boxes in. As such the acrylic case is worth more than the contents.

    It's the singer not the song - Peter Townshend (1972)
    Not even a minute do I buy the whole buh buh buh I'm a man-child japery - Me (2025)

  • 71waxforever
    Options

    Gold is the ultimate long term investment. It gains, but steadily and just sits there. If you have extra money, why not. All commodities will do. Cardboard can be both liquid and long term. I have a narrow niche investment(unopened) but it shows unstoppable gains so I'll stay where I'm at. I've done the gold and silver thing for a few years now. I'm about done now, even though it's not near done gaining, probably. They all just sit quietly in vaults and closets collecting dust. One is a lot funner than the other though.

  • GroceryRackPack
    GroceryRackPack Posts: 4,182 ✭✭✭✭✭
    Options

    A few years ago...
    I did the Reverse...
    Dumped the Metal and Bought Cardboard...

  • waxman
    waxman Posts: 934 ✭✭✭✭
    Options

    Silver was ~$50 per ounce when this thread started, and now 2 and 1/2 months later it is at $70 and flirting with $80. Wild ride for silver this year for sure. It sure is tempting to consider dumping silver and buying cardboard.

    Adam
    collecting O-Pee-Chee (OPC) baseball cards
    also collecting US & Canadian junk silver
  • mintonlypls
    mintonlypls Posts: 2,908 ✭✭✭✭✭
    Options

    If thinking of investing in silver…you probably missed the runup. Stay in cardboard…

    mint_only_pls
  • bgr
    bgr Posts: 4,982 ✭✭✭✭✭
    Options

    I'm a little leery of long-term silver and gold demand as there has been tremendous effort put into advancement of improved conductivity materials for electronics and a large focus on recycling of these materials. You may get different estimates of where we are on the substitution curve, but when considering an investment in Noble Metals that's where I would train my eye.

  • ArtVandelay
    ArtVandelay Posts: 886 ✭✭✭✭✭
    Options

    In 1980 Gold was at $2600; in 2001, it was $492. Be very cautious when buying gold when it's at an all-time high because the market will eventually drop.

    With the recent finds in China of 2500 tons of gold, I fully expect that to have an impact on the market as well.

  • 1982FootballWax
    1982FootballWax Posts: 2,839 ✭✭✭✭✭
    edited January 3, 2026 2:54PM
    Options

    @ArtVandelay said:
    In 1980 Gold was at $2600; in 2001, it was $492. Be very cautious when buying gold when it's at an all-time high because the market will eventually drop.

    With the recent finds in China of 2500 tons of gold, I fully expect that to have an impact on the market as well.

    Folks, Note that $2600 is an inflation adjusted price. Still who ever purchased in 1980 and held has lost a ton of money.

    If someone had invested $650 in 1980 in gold they would have around $4000 today.
    The same $650 placed in a decent S&P 500 fund in April of 1980 would yielded magnitudes more money!

    It's the singer not the song - Peter Townshend (1972)
    Not even a minute do I buy the whole buh buh buh I'm a man-child japery - Me (2025)

  • West22
    West22 Posts: 303 ✭✭✭
    Options

    Both metals have their place. As do cards. If you're not a professional trader best to just buy and hold some of each.

    Although I have far more allocated to stocks than alt investments, I have a strong dislike for charts with arbitrary start dates that don't account for dollar cost averaging.

  • BBBrkrr
    BBBrkrr Posts: 1,930 ✭✭✭✭✭
    edited January 22, 2026 4:09PM
    Options

    I sold about half my collection in November. I’m not buying one single bit of gold but I’m holding it for now for the next dip in the market.

  • Raptormaniacs
    Raptormaniacs Posts: 160 ✭✭✭
    Options

    I think I will sell when it hits 20k and buy some more cards…

  • HOMETOWNSPORTS
    Options

    Wow just read all posts on this thread since October of 2025... 2020 hindsight eh? bought 20 American Eagle Silver Dollars a few weeks ago when silver was around $90...it hit $96 today...the 1 year chart shows a parabolic increase from about $42 an ounce...I'm predicting $250-$500 ounce for silver sometime in the next 16 months...rock on!

  • sayheywyo
    sayheywyo Posts: 639 ✭✭✭✭
    Options

    I recently sold/traded some 90% silver dimes, quarters, halves that I've had for years (about $300 invested) and moved it into an ounce .999 buffalo round. One thing I like about the coin/bullion market is that the premiums are pretty well set and predictable with no tax, fees, or 1099's for a little guppy like me. I live in the now and don't care about S&P comparisons or inflation..... it's just funny money acquiring something that will make me smile today and pass on to my heirs later.

  • handyman
    handyman Posts: 5,702 ✭✭✭✭✭
    edited January 23, 2026 9:06AM
    Options

    Dec. 31st
    "If thinking of investing in silver…you probably missed the runup. Stay in cardboard…"
    Silver was 70.00 Dec 31st and now just 3 weeks later. 100.00 today
    Damn
    LOL
    Fast and crazy
    Im gona get me a 1952 Topps PSA 1 Mantle with my 1 gold coin soon!

  • Raptormaniacs
    Raptormaniacs Posts: 160 ✭✭✭
    Options

    Silver may have overshot (a little) but it should continue to break records.

    Gold has a ways to go.

  • Ahmanfan
    Ahmanfan Posts: 4,513 ✭✭✭✭
    Options

    @HOMETOWNSPORTS said:
    Wow just read all posts on this thread since October of 2025... 2020 hindsight eh? bought 20 American Eagle Silver Dollars a few weeks ago when silver was around $90...it hit $96 today...the 1 year chart shows a parabolic increase from about $42 an ounce...I'm predicting $250-$500 ounce for silver sometime in the next 16 months...rock on!

    The mania will be over before long, don’t worry. Take profit while you can.

    Collecting
    HOF SIGNED FOOTBALL RCS
  • Raptormaniacs
    Raptormaniacs Posts: 160 ✭✭✭
    Options

    @Ahmanfan said:

    @HOMETOWNSPORTS said:
    Wow just read all posts on this thread since October of 2025... 2020 hindsight eh? bought 20 American Eagle Silver Dollars a few weeks ago when silver was around $90...it hit $96 today...the 1 year chart shows a parabolic increase from about $42 an ounce...I'm predicting $250-$500 ounce for silver sometime in the next 16 months...rock on!

    The mania will be over before long, don’t worry. Take profit while you can.

    I’m wondering what mania that you’re referring to?

    Stock mania?
    Card mania?
    Gold mania?
    Silver mania?

    There are lots of profits to be taken. Where should I start?

  • BBBrkrr
    BBBrkrr Posts: 1,930 ✭✭✭✭✭
    Options

    Some of you folks have a lot more confidence in your ability to predict the future than I do (after learning some very tough lessons). :)

    My confidence goes to absolute 0 for anything longer than 5 minutes.

  • handyman
    handyman Posts: 5,702 ✭✭✭✭✭
    edited January 29, 2026 8:39AM
    Options

    Wow.
    Jan 23
    "Silver was 70.00 Dec 31st and now just 3 weeks later. 100.00 today"(jan23)
    6 days later 120.00
    Damn
    LOL
    ....
    And now 1 hr later 108 fun stuff lol