I did a physical inventory of all my coins, and created an excel spreadsheet of it all. I first began collecting when I purchased many items offered for the 1984 LA Olympics. After reviewing what I currently have, I decided that some of my commemoratives I just didn't want any more. I can't see keeping US or Canadian Mint proof coins that only have a "Melt Value". About week ago, when silver was much lower, I sold some 1988 Calgary Olympic proof silver dollars, plus three 1988 US Olympic silver dollars. These items were sold thru Craigslist. The commemorative coins that remain are worth keeping because of their low mintage and potential appreciation. They are worth much more than Melt Value. The things I sold didn't "fit" with my current collection / investment goals. The fact that they were composed of silver made selling them much easier.
I sold some Washington rolls over the past weeks on eBay and got about 18x. But when I started checking to see how I did, it became appearant that dealers were listing them as "unavailable" or "out of stock". I am not selling any more of them no matter what the price of silver does, although I may dispose of some more dateless junk & foreign coins that don't "fit" my collecting. At least I was able to buy some things I wanted with the proceeds of my sales. gary
yeah, i got right around 18X too after all the selling fee's. i see junk on ebay going for 30X, i hope my auctions get bid up that high. as for selling, im by no means a chronic seller and am not selling for profit but to reinject the stack with FINE. im just selling the spare junk, i would never consider selling any full rolls right now. for the most part i am still in accumulation mode.
I am ready to sell a few art rounds Edited: Offers to buy or sell must go through the classified subforum.
I have been selling silver in increments for some time now. I continue to like platinum over silver and gold at current levels.
I sold some 40% halves awhile back, but that's it. I don't plan on selling any more in the near future unless some unforeseen incident occurs and I need money. Now if silver hits $50 / oz, then I may change my mind. lol
Just to follow through: I sold to Provident and the transaction was smooth. They mailed a check to me the day after they received the goods and all is good. Nice and smooth transaction and they were paying as much as any other dealer I've purchased from.
I love SLV. Tack on a sell stop and it has helped fund my physical metal collection. Cant believe that people are so afraid of the ETF for trading.