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battlecat
Penny Pincher Member
 
 152 Posts |
Posted - 07/01/2010 : 14:53:29
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Within the next 5 months I am going to have to sell most of my gold and silver for a move....These prices dropping are freaking me out
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stateofmind
Penny Pincher Member
 

143 Posts |
Posted - 07/01/2010 : 14:55:56
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Battlecat, remember to sell in chunks I would sell 1/3 every month, to avoid losing a lot of money. Just my 2 cents worth. Also, be sure to sell it here on realcent. Ebay takes too much in fees to be worth it. What are you going to sell? I may be interested. |
Check out our new site, RealCent.org!
"There are people who are very resourceful, at being remorseful, and who apparently feel that the best way to make friends is to do something terrible and then make amends." -Ogden Nash |
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battlecat
Penny Pincher Member
 

152 Posts |
Posted - 07/01/2010 : 15:00:49
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I have about 20 ounces in bars and rounds. A 1/10 gold, A roll of Walking libs, a roll of Franklins, A mixed roll of walking Libs/Franklins, A roll of Mercs. A few Silver eagles three of which are 1996. A roll of unc. 64 halves. Thats all I can think of off the top of my head. Theres a few other pieces in there but cant remember what. |
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stateofmind
Penny Pincher Member
 

143 Posts |
Posted - 07/01/2010 : 15:27:46
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I may be interested in the Merc's in a couple weeks. You should be able to sell all of those on here for good prices. Good luck! Are these recent purchases that you made, or from a while ago when prices were lower? |
Check out our new site, RealCent.org!
"There are people who are very resourceful, at being remorseful, and who apparently feel that the best way to make friends is to do something terrible and then make amends." -Ogden Nash |
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Nickelless
Administrator
    

USA
5580 Posts |
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zerocd
Penny Hoarding Member
   

555 Posts |
Posted - 07/01/2010 : 15:37:09
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Hold on a bit. This dip is going to reverse shortly.
0CD |
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battlecat
Penny Pincher Member
 

152 Posts |
Posted - 07/01/2010 : 15:38:15
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No purchased a little every week, Selling because Im going to need money not because the prices are dropping. This is an unexpected move and although 6 months away I need to get as much saved as I can. I dont need to sell right now but will need to by Dec. |
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battlecat
Penny Pincher Member
 

152 Posts |
Posted - 07/01/2010 : 15:39:13
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Thanks Zero :) |
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AGCoinHunter
Penny Hoarding Member
   

USA
685 Posts |
Posted - 07/01/2010 : 15:48:58
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If your going to sell give us a shot here at buying. Would be interested in any fractional gold you have. |
"All tyranny needs to gain a foothold is for people of good conscience to remain silent." -Thomas Jefferson
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Lenin: Class-based International Socialism Hitler: Race-based National Socialism Obama: Class- and Race-based Post-National Socialism
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Beau
Penny Pincher Member
 

216 Posts |
Posted - 07/01/2010 : 16:03:31
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you will get as much here as Ebay, and no fees. everything you have listed will sell if the price is in line. some prices on this site sell for more than Ebay. you can`t beat a free sale.
GOOD LUCK |
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jtlee321
Penny Pincher Member
 
USA
136 Posts |
Posted - 07/01/2010 : 16:29:40
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I agree. When I need to sell I sell on here. You get very fair prices with very quick turn time. I would absolutely try to sell here before ebay. And just because the prices are falling here in July does not mean the prices in November can not be like 4 or 5 dollars higher than they currently are. There seems to be a lot of people who think the prices are going to rise dramatically between now and then. In fact if you are needing to save some money, I would consider buying more on the downfall and sell when you need it. You may make a little more than you need. |
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highroller4321
1000+ Penny Miser Member
    

USA
2648 Posts |
Posted - 07/01/2010 : 16:47:31
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Prices *normally* start to come back in october and novemeber so you should be ok. I would sell the 1996 Eagles whenever you want though because they are numismatic ones. The rest I would just sell all at once. Much easier and simplier to make 1 shipment than 10 shipments over X amount of time. Also you will drive yourself crazy when looking at the price every 5 minutes lol |
Copper Penny Investing www.portlandmint.com |
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Ardent Listener
Administrator
    

USA
4841 Posts |
Posted - 07/01/2010 : 16:52:42
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I don't use precious metals as a short term savings account or investment. I sure don't know what precious metal prices are going to be in 5 months nor does anyone else. If this is freaking you out then you must be new to holding precious metals. Decide how much you can really afford to hold into precious metals and then stick to it. Even a little held for the long term is better than a lot that you can't afford. |
Realcent.forumco.com disclosure. Please read. All posts either by the members, moderators, and the administration of http://realcent.forumco.com are for your edification and amusement only. It is not the intent of realcent.forumco.com or its host to provide investment, medical, matrimonial, legal, security or tax advice and nothing posted here should be considered to be so. All rights reserved.
Think positive. |
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beauanderos
1000+ Penny Miser Member
    

USA
2408 Posts |
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Copper Member
Penny Sorter Member


USA
88 Posts |
Posted - 07/01/2010 : 20:23:16
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I saw today as a buying op. I picked up 1 oz gold and 150 oz silver. Spot market up on both metals as of 830 est. |
Copper Member |
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argent_pur
Penny Sorter Member


78 Posts |
Posted - 07/01/2010 : 21:23:58
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I bought yesterday on ebay using bing...got a Mexican 50 Peso for $60 under spot, and then bought a 5 peso gold coin from Provident Metals. It's too bad bing is over with July 10...I got some really great deals with it. |
Edited by - argent_pur on 07/01/2010 21:24:43 |
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beauanderos
1000+ Penny Miser Member
    

USA
2408 Posts |
Posted - 07/01/2010 : 21:28:08
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quote: Originally posted by argent_pur
I bought yesterday on ebay using bing...got a Mexican 50 Peso for $60 under spot, and then bought a 5 peso gold coin from Provident Metals. It's too bad bing is over with July 10...I got some really great deals with it.
I'm envious... I never figured out how to use it, so I'm paying full price for all my ebay deals  |
Hoard now and hold on!
http://coppermillions.blogspot.com/ http://wherewillyoubein2012.blogspot.com/ |
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battlecat
Penny Pincher Member
 

152 Posts |
Posted - 07/02/2010 : 00:55:50
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Thanks everyone, I will sell on here when I get closer to the move... Hopefully we will be able to save enough(doubtful) and I wont have to sell any |
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highroller4321
1000+ Penny Miser Member
    

USA
2648 Posts |
Posted - 07/02/2010 : 12:32:21
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quote: Originally posted by battlecat
Thanks everyone, I will sell on here when I get closer to the move... Hopefully we will be able to save enough(doubtful) and I wont have to sell any
Take this month and write down EVERYTHING that you spend money on...down to the penny if you have to. Caterogize the spending and see the "Extra" areas that you can cut down on for next month. It will suprise you at the end of this month how much you spendt and hopefully next month on how you were able to cut back. |
Copper Penny Investing www.portlandmint.com |
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wolvesdad
1000+ Penny Miser Member
    

USA
2164 Posts |
Posted - 07/02/2010 : 14:55:54
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As a 'gamble' buying and selling silver/gold can be 'fun'. And generally you aren't going to 'lose your pants' with the normal dips. But you won't always make money in the short term: that is for sure.
:) |
"May your percentages ever increase!" |
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Oldpagan
Penny Sorter Member


USA
62 Posts |
Posted - 07/02/2010 : 15:01:19
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quote: Originally posted by highroller4321
quote: Originally posted by battlecat
Thanks everyone, I will sell on here when I get closer to the move... Hopefully we will be able to save enough(doubtful) and I wont have to sell any
Take this month and write down EVERYTHING that you spend money on...down to the penny if you have to. Caterogize the spending and see the "Extra" areas that you can cut down on for next month. It will suprise you at the end of this month how much you spendt and hopefully next month on how you were able to cut back.
Great Advice! |
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JobIII
1000+ Penny Miser Member
    

USA
1507 Posts |
Posted - 07/02/2010 : 15:59:32
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quote: Originally posted by Nickelless
quote: Originally posted by battlecat
Within the next 5 months I am going to have to sell most of my gold and silver for a move....These prices dropping are freaking me out 
You're selling because you need the money? Or you're selling because of dropping prices?
Battlecat,
Why are you selling again? That's certainly not enough to be a problem for transporting right? |
Selling Copper cents. $0 FV available at 1.4xFV. Also interested in trading for wheat pennies and other coins Please pm me for requests or inquiries.
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battlecat
Penny Pincher Member
 

152 Posts |
Posted - 07/02/2010 : 16:24:24
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Selling because I dont think we will be able to have enough money saved before the move. My intention was to hold for a very long time (retirement) but with this happening so soon we want to have at least a years worth of rent and my car payment payed off two years early. I am also going to be starting my photography business there. Which will take a bit to get established.
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zerocd
Penny Hoarding Member
   

555 Posts |
Posted - 07/02/2010 : 17:00:38
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I also saw today as a buying day. Picked up at small local shop: 5 Morgans from 1882-1889 for 14.50 each 10 ASE for $18.00 each 2 4 oz .999 Silver Coin Bullion: 1999 PLATINUM Liberty $18/toz w/cases ($72)Layered w/PT lol
 1 2006 Old San Francisco Mint Five Dollar Gold Liberty Proof for $295.00 w/case

 1 1995 Civil War Gold and Silver 3 coin proof set as pictured for $345.00 The AU value is $292.90 melt
 Both gold pieces are .242 toz COMPOSITION: 90% GOLD, 6% SILVER, 4% COPPER
Happy and......0CD |
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Neckro
1000+ Penny Miser Member
    

Saudi Arabia
2080 Posts |
Posted - 07/02/2010 : 17:07:19
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Jesus, with a score like that I'd be happy too.
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Trolling is an art. |
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zerocd
Penny Hoarding Member
   

555 Posts |
Posted - 07/03/2010 : 17:41:39
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I am expecting a run to gold this coming week as banks/currencies fail. Hoping silver follows golds rise.
The daily gold said a hedge fund blew up. After an initial fall, investors ran to gold once they knew what was up.
We shall see.
No trading in the US Monday, will have to watch Hong Kong.
0CD |
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