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dakota1955
Penny Hoarding Member
800 Posts |
 Posted - 10/12/2009 : 15:34:04
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Poll Question:
With silver at a higher price that we have seen for a while. Are you buying more silver, less silver, good deals only or taking a profit?
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Edited by - dakota1955 on 10/12/2009 16:09:20 |
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Mcprice302
Penny Pincher Member
USA
186 Posts |
Posted - 10/12/2009 : 15:49:50
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| Polls locked??? I'm only buying at good deals. I picked up a 1oz Silvertowne bar for $15, and got 21 quarters for 10x last week. These came from a pawn shop of all places! I guess he wasnt up to date on spot prices. |
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slickeast
1000+ Penny Miser Member
USA
1356 Posts |
Posted - 10/12/2009 : 15:54:29
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As always looking for deals. Picked up $8 face for $81.00.
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You don't have to be the BEST you just have to be.......SLICK
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dakota1955
Penny Hoarding Member
800 Posts |
Posted - 10/12/2009 : 16:10:03
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| sorry check a wrong box should be unlock now |
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Lemon Thrower
Penny Hoarding Member
USA
912 Posts |
Posted - 10/12/2009 : 16:25:20
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| picked up 143 oz at 11.5x this weekend. |
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oober
1000+ Penny Miser Member
USA
1051 Posts |
Posted - 10/12/2009 : 16:36:02
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| In Morgan mode at the moment... Some random bullion when the price is right!! |
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Market Harmony
Penny Hoarding Member
USA
699 Posts |
Posted - 10/12/2009 : 18:12:56
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business-wise: all is normal... buying and selling all the time.
collection-wise: I'm focussing more on numismatic coins, especially silver and copper, all while looking for graded pre-1933 US gold. I voted "looking for deals" box because if I am personally buying bullion or junk coin, then I want the best price possible. But this is not always the case with numismatics. Sometimes you just need that nice coin you saw for $10 over greysheet. Sometimes, I speculate that "in a few years, I'll kick myself for NOT buying at this price"
It's a trade off, too, I guess. If I had $100 to spend, and I could either buy $10 face of junk silver, or a coin that was $110 on the grey sheet, I would probably go with the junk silver. The resale market is bigger for junk, in my opinion 
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Market Harmony
Producer of rare and unique Gold, Silver, and Copper bullion products. Also offering PM refining services. |
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daviscfad
1000+ Penny Miser Member
USA
1300 Posts |
Posted - 10/12/2009 : 18:47:12
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looking for deals
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Inquiring minds want to know |
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chris6084
Penny Pincher Member
102 Posts |
Posted - 10/12/2009 : 19:10:42
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| buying nothing. searching more dimes. |
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Country
1000+ Penny Miser Member
USA
1612 Posts |
Posted - 10/12/2009 : 19:47:26
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I'm buying when I get a good deal.
I'm into Numismatics more than I have been in awhile. I have been focusing on beautiful high grade and accurately graded Half Cent coppers right now. I've been putting a few of them into a Library of Coins Half Cent album that I bought when I was a teenager in 1960.
As the silver junk price exceeded 11X, I'm done accumulating 40% and 90% as the real dealer price spread between buy and sell has widened too much. I'm still searching bank rolls for fun.
I'm rounding out my hoard with quality rounds and interesting silver as long as I can get a good deal. |
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aloneibreak
Penny Collector Member
USA
377 Posts |
Posted - 10/12/2009 : 20:14:22
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| im only buying when i see a decent deal and im taking a profit on my 40% |
My reading of history convinces me that most bad government results from too much government.
Thomas Jefferson
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Nickelless
Moderator
USA
4392 Posts |
Posted - 10/12/2009 : 21:00:54
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| I'm using my available cash to bolster my food storage the next couple months, but whenever I buy silver I typically spend a set amount per payday (dollar cost averaging)...although I don't like to pay more than $18 an ounce. |
Be prepared...and prepared to help: http://www.survivalblog.com/charity.html
Are you ready spiritually for hard times? http://www.posttribrapture.com |
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AgCollector
Penny Pincher Member
USA
201 Posts |
Posted - 10/13/2009 : 07:07:50
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| Just getting deals. Picked up 40% last week for $35 a roll. |
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ZigMeister
Penny Sorter Member
USA
42 Posts |
Posted - 10/13/2009 : 12:49:03
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quote:
Originally posted by AgCollector
Just getting deals. Picked up 40% last week for $35 a roll.
Super price Ag. Nice find! |
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dakota1955
Penny Hoarding Member
800 Posts |
Posted - 10/13/2009 : 13:04:11
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| That was a nice buy, I'm surprise that no one on the poll is taking a profit. |
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AgCollector
Penny Pincher Member
USA
201 Posts |
Posted - 10/13/2009 : 13:46:18
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| Yeah I was pretty happy to see that was the price. |
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Neckro
1000+ Penny Miser Member
Saudi Arabia
1594 Posts |
Posted - 10/13/2009 : 14:54:18
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| I recently got a hold of a bunch of 40% at 1.50 a pop. Feels good man. |
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AFModell
Penny Sorter Member
USA
51 Posts |
Posted - 10/13/2009 : 15:45:58
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| I checked that I am buying silver, and I am, a little bit at a time. However, if silver gets above 18.50 I will be tempted to part with a 100 oz bar, and then hope a pullback to buy back in. Its all a gamble, except the part where you always keep holding on to something! |
A penny saved is...TWO pennies earned! |
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dakota1955
Penny Hoarding Member
800 Posts |
Posted - 10/15/2009 : 14:36:04
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| silver drop 52 cents today |
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windage
Penny Sorter Member
USA
64 Posts |
Posted - 10/18/2009 : 13:12:38
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I am buying more off the street with my ads and signs. Buying alot of sterling at 50% and coin at 10x right now. I sell the "collectable" and graded/slabbed items off during market upswings, sinking that cash back into cheap silver weight. Just sold 13 silver eagles on ebay for an average of $29 each. Are people crazy? There is no rarity to something that is so common, I just don't get it.
IMHO when the "feces hits the air circulating device", only the most rare and historically significant coins will be worth more than their weight. When there is not enough food and bullets, a coin's mint mark or condition will not matter much in the barter world. Dismal outlook, I know, but that is where I see things going with the bus drivers we have at the wheel.
I would trade every old large cent, half cent and 2 cent piece I have one for one for a 1 oz silver round. |
"it is the tradition that a Kentuckian does not retreat, he does not have to" |
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vrbsroma
Penny Collector Member
354 Posts |
Posted - 11/23/2009 : 14:06:56
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| Windage, what's your process for buying "off the street?" |
As far as I know, it is stated "In God We Trust" on the US dollar. How can I trust this currency if I do not believe in God?
Possession is nine-tenths of the law.
When I give my two cents, they're always copper! |
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EZ_Money
Penny Sorter Member
USA
50 Posts |
Posted - 11/23/2009 : 16:06:03
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| buying as much as I can... for face value! It seems the more the price is rebounding the more I want to hunt. |
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marine70
New Member
17 Posts |
Posted - 11/25/2009 : 08:40:30
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| I hope this is related to topic I have quiet a bit of 90% silver. Would it be better to hold on to it or trade for bars or eagles. |
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dakota1955
Penny Hoarding Member
800 Posts |
Posted - 11/25/2009 : 11:06:32
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| Both are great investments it boils down to what do you like and speading the risk. I have both. I like 90% better right now. |
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marine70
New Member
17 Posts |
Posted - 11/25/2009 : 12:02:17
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| I guess when you get down to it silver is silver. I guess the coins would be easier to spend. |
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Topic |
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Buying more or less silver
