How did the run up help you adjust your strategy?

Azurescens · March 28, 2026 8:25AM

I unloaded some bags around $120 after spending five years wondering why I bought some of these coins in the first place. It really helped me narrow my focus on which modern bullion coins and modern commems are worth grading. It really helped me understand the vintage round market, too.

I learned modern bullion with authentic toning fetches a really nice premium, presumably because there is so much AT out there. The holder instills confidence in authenticity, of both the coin and the color.

I watched a lot of my premiums evaporate which, at the time, was disheartening. But I'm very glad now. This experience helped me determine how much raw weight I want vs collector value. Some stuff has gone up in value despite spot dropping 50 bucks.

The jewelry markets I operate in have either stayed the same or prices got higher. Interesting.

I think I'm done with ASE entirely.

What learning experiences did you walk away with?

derryb · March 28, 2026 2:19PM

@Azurescens said:

What learning experiences did you walk away with?

buy low, sell high

Bayard1908 · March 29, 2026 5:34AM

I learned that the smelter constraint of 1979-80 was not a one time thing.

blitzdude · March 29, 2026 12:01PM

I learned PT Barnum was right. Can't believe there were actually people buying my physical gutter at $108. lol

TwoSides2aCoin · March 29, 2026 12:41PM

I’ve learned there are buyers and sellers every day , and even more who are “ thinking about it”. No real strategy other than to be a good vendor.

scotty1419 · March 29, 2026 3:00PM

I was able to get rid of my ugliest 90% at like 60x face to clear out some true 'junk'.

Azurescens · March 29, 2026 3:55PM

@TwoSides2aCoin said:
I’ve learned there are buyers and sellers every day , and even more who are “ thinking about it”. No real strategy other than to be a good vendor.

One guy was on the fence about this item that doubled my money and all it took was calling him sir and treating him with dignity and respect and he bought it right away.

Very good point.

jdimmick · March 29, 2026 7:43PM

I kept it moving fast. Been down this road before. I would only keep a little bullion at a time when it crossed 70-75. I feel bad for the new customers who would come in and want to buy at 100+, I told em be careful, 99% of them told me me, its going to 150-200+ by july 4th. Now, I will be the first to admit, it went longer and higher than I thought , but i knew it was a matter of time. Couple of my long time customers who have 1000's of oz sold some, but only a small fraction of what they had, they are now kicking themselves in the butt for not unloading all. I was 10 years old when I had built up 100 oz in 1980 and sold when it hit 49, but only sold 1/2 to then watch the price plummet a few days later, in 2011, I was more prepared, had 80K in transit when the crash hit, so I was lucky the firm made good on the payment. This time when the $30 dollar correction hit, I had just unloaded about 85k thursday am. Only got hit with about 47 oz had bought later thursday. I think several people got caught off guard this time,at least that's what several said that came in after the hit, some also got caught in the dead cat bounce that has since took affect and they were, waiting for the bounce back, while it legs down and down over time.

I m glad it corrected, took to much $ to operate, and nerve racking. I know several dealers who waited becuase the refineries were taking less or none, and /or didint want to take a few dollars less by using another firm, so they held out, only to have gotten stuck at this point. Now instead of taking a few percentage points less at 100+,now its even less at full amount at 68-70.

Proofmorgan · March 30, 2026 5:52AM

@jdimmick said:
I kept it moving fast. Been down this road before. I would only keep a little bullion at a time when it crossed 70-75. I feel bad for the new customers who would come in and want to buy at 100+, I told em be careful, 99% of them told me me, its going to 150-200+ by july 4th. Now, I will be the first to admit, it went longer and higher than I thought , but i knew it was a matter of time. Couple of my long time customers who have 1000's of oz sold some, but only a small fraction of what they had, they are now kicking themselves in the butt for not unloading all. I was 10 years old when I had built up 100 oz in 1980 and sold when it hit 49, but only sold 1/2 to then watch the price plummet a few days later, in 2011, I was more prepared, had 80K in transit when the crash hit, so I was lucky the firm made good on the payment. This time when the $30 dollar correction hit, I had just unloaded about 85k thursday am. Only got hit with about 47 oz had bought later thursday. I think several people got caught off guard this time,at least that's what several said that came in after the hit, some also got caught in the dead cat bounce that has since took affect and they were, waiting for the bounce back, while it legs down and down over time.

I m glad it corrected, took to much $ to operate, and nerve racking. I know several dealers who waited becuase the refineries were taking less or none, and /or didint want to take a few dollars less by using another firm, so they held out, only to have gotten stuck at this point. Now instead of taking a few percentage points less at 100+,now its even less at full amount at 68-70.

I received similar feedback that the big stackers did not sell off much in this run up. There were many that are into it low and were confident it would go much higher...

Azurescens · March 30, 2026 8:47AM

@jdimmick said:
I kept it moving fast. Been down this road before. I would only keep a little bullion at a time when it crossed 70-75. I feel bad for the new customers who would come in and want to buy at 100+, I told em be careful, 99% of them told me me, its going to 150-200+ by july 4th. Now, I will be the first to admit, it went longer and higher than I thought , but i knew it was a matter of time. Couple of my long time customers who have 1000's of oz sold some, but only a small fraction of what they had, they are now kicking themselves in the butt for not unloading all. I was 10 years old when I had built up 100 oz in 1980 and sold when it hit 49, but only sold 1/2 to then watch the price plummet a few days later, in 2011, I was more prepared, had 80K in transit when the crash hit, so I was lucky the firm made good on the payment. This time when the $30 dollar correction hit, I had just unloaded about 85k thursday am. Only got hit with about 47 oz had bought later thursday. I think several people got caught off guard this time,at least that's what several said that came in after the hit, some also got caught in the dead cat bounce that has since took affect and they were, waiting for the bounce back, while it legs down and down over time.

I m glad it corrected, took to much $ to operate, and nerve racking. I know several dealers who waited becuase the refineries were taking less or none, and /or didint want to take a few dollars less by using another firm, so they held out, only to have gotten stuck at this point. Now instead of taking a few percentage points less at 100+,now its even less at full amount at 68-70.

I started having concerns about having enough dry powder to keep buying inventory. And then at that point, do I really wanna spend 150 to make ten bucks.. Ugh, what a rotten headspace to be in.

carew4me · March 30, 2026 9:01AM

I learned that 1980s fractional silver bars were are going for crazy prices in relation to spot.

How did the run up help you adjust your strategy?

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