Would you sell your silver for a key date...

morgandollar1878 · April 21, 2011 1:13AM

... with the way the market is right now? Why or why not???

COALPORTER · April 21, 2011 1:17AM

Already have. I dump off some silver and use the $$$$ to buy some coin that is PQ plus that could sticker.

LanLord · April 21, 2011 1:18AM

Depends upon the deal. If it looks good, I might, but ... in this market, it would be a decision that would need to be weighed carefully.

If it's something I've wanted for a long time (1796/97 half, 1804, 23 or 27 quarter etc) I might jump without looking back. But I'm not sure I can carry that much silver in my car!

canadanz · April 21, 2011 1:18AM

Definitely considering it. It's tough to actually pull the trigger and offload 100 - 200 oz of silver though : I did sell a bit to buy a nice AU 1876-S Trade Dollar though.

keyman64 · April 21, 2011 1:24AM

Yup, soon, very very soon!

coinkid855 · April 21, 2011 1:30AM

I'm thinking about it...I really want an MS67-68 Morgan....Or maybe I should fill some holes in my album...

-Paul

AnkurJ · April 21, 2011 1:33AM

I have my eye on a coin in the next Heritage auction. Will sell some silver to help fund it.

STONE · April 21, 2011 1:36AM

I think I went backwards last night - I bought a little silver coin (key-date) for 800x melt value

But to answer your question, I would definitely trade in my no-value (except for melt) silver for Valuable Key Date Coinage!

morgandollar1878 · April 21, 2011 1:40AM

I am starting to seriously consider this whole idea. My washington quarter set needs some new additions, mainly the 32 D & S. I just hope that I can find the ones that I like if I decide to go through with it.

LeeBone · April 21, 2011 1:43AM

Have sold all but very little junk silver and have purchased a few nice coins that I had been wanting. It`s like I got those coins for "free" as the silver was just sitting around with no purpose in my collection. I am gonna start narrowing my collection down and concentrating on a few certain areas instead of having a mass of coins.
It`s funny because I have been looking to add a MS67 Morgan too

I also love the Key Dates so any of those would fit in nice

DO IT, you`ll be happy you did.

roadrunner · April 21, 2011 1:51AM

Nope. I'm looking out another 1-1/2 - 3 yrs or more. Even with a summer silver pullback that will be history come end of year and into 2012. The key date will still be priced the same
but silver should be considerably higher. When world money flows are looking at key dates, then I'm in. Trading bullionesque silver for a key date also triggers a taxable event...an immediate and significant hit.....unless you're one of those holdouts from January 1980 that "everyone" talks about that paid $47-$50/oz for your silver.....

roadrunner

Coins911 · April 21, 2011 1:52AM

I just did sell my silver for some other coins. I hope it wasn't a mistake....

AnkurJ · April 21, 2011 1:59AM

<< <i>I just did sell my silver for some other coins. I hope it wasn't a mistake.... >>

If you're happy with what you got in exchange, you dud fine!

johnny9434 · April 21, 2011 4:24AM

im seriously thinking about it now. last i looked silver was over 46.

RYK · April 21, 2011 4:26AM

This week I sold some silver to use the funds for numismatic coin purchases.

RichR · April 21, 2011 4:26AM

Already did...with my father's blessing, I dumped quite a bit of my grandfather's common date stuff and picked up some nice higher end coins to fill some long empty holes!

JamesMurray · April 21, 2011 4:36AM

Im another swimming against the flow here having sold a few key dates to purchase PM's recently,wasnt silver though.

scotty1419 · April 21, 2011 4:37AM

I'm hoping to use gains to get a '62/'63 St Gaudens (or at least cover the majority of one) - it's all unrealized at this point

illini420 · April 21, 2011 4:42AM

Totally, especially something gold

That gold/silver ratio is just getting way way too low, seems like either silver is going to crash or gold is going to jump. So if I would be selling silver, I'd at least want to be buying something gold just in case silver doesn't go down.

RichR · April 21, 2011 4:42AM

One MIGHT argue that a majority of people saying they've been selling silver (to buy other stuff) may indicate at least a short term market top...but what do I know?

DesertDweller · April 21, 2011 4:45AM

The longer you hold your bullion the higher prices get and the better the grade of key date coin you'll be able to swap it for. Bullion prices have a long way to go on the up side.

morgandollar1878 · April 21, 2011 4:46AM

<< <i>Nope. I'm looking out another 1-1/2 - 3 yrs or more. Even with a summer silver pullback that will be history come end of year and into 2012. The key date will still be priced the same
but silver should be considerably higher. When world money flows are looking at key dates, then I'm in. Trading bullionesque silver for a key date also triggers a taxable event...an immediate and significant hit.....unless you're one of those holdouts from January 1980 that "everyone" talks about that paid $47-$50/oz for your silver.....

roadrunner >>

I was the richest 2 year old you ever seen.

OnlyGoldIsMoney · April 21, 2011 4:48AM

When silver hits $100 per ounce I'll start shopping for a 1848 CAL.

ambro51 · April 21, 2011 5:15AM

I dunno but we just found several pounds of Gorham Sterling Flatware in stuff we took out of my motherin laws house....and while NOT going for a key date, or any coin....since its my wifes....we have our landscaper coming over tomorrow afternoon and we will be doing some home improvements. I love it when your yard looks like a fairway at Augusta.....

roadrunner · April 21, 2011 5:46AM

Just don't trade your silver bullion for a fake key date coin in a fake slab. That's a lose-lose.

roadrunner

DIMEMAN · April 21, 2011 6:18AM

In a heartbeat!!!!

ambro51 · April 21, 2011 6:23AM

3.6 pounds of sterling flatware. find this morning~~ tonite we sell!~

Id hate to sell coins but old silverware....YEAH

morgandollar1878 · April 21, 2011 6:25AM

<< <i>3.6 pounds of sterling flatware. find this morning~~ tonite we sell!~

Id hate to sell coins but old silverware....YEAH >>

Yes, that would be much easier.

Would you sell your silver for a key date...

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