If you HAD to sell one or the other right now....

Discussion in 'Bullion Investing' started by AdamL, Apr 30, 2023.

  1. AdamL

    AdamL Well-Known Member

    Would it be gold or silver?

    We're talking bullion or coin with nothing much of a numismatic premium over metal content.
     
    expat likes this.
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. expat

    expat Remember you are unique, just like everyone else Supporter

    It would depend on why and how much is needed. Personally I would only sell one of my coins if I had exhausted all other avenues of obtaining some cash
     
    Noah Worke and AdamL like this.
  4. numist

    numist Member Supporter

    Bullion only? I guess it would be whichever I've held the longest to realize the greatest ROV.
     
    Mr. Flute and AdamL like this.
  5. ToughCOINS

    ToughCOINS Dealer Member Moderator

    Silver, but only because I don't have the room for it.
     
  6. AdamL

    AdamL Well-Known Member

    All good answers so far! :)
     
    SensibleSal66 likes this.
  7. Heavymetal

    Heavymetal Well-Known Member

    Which of my children do I keep?
    Silver first due to storage. I’ve got plenty
     
    green18, SensibleSal66 and AdamL like this.
  8. Joel Turner

    Joel Turner Active Member Supporter

    Silver, takes alot more room than gold for the same value.
     
    AdamL likes this.
  9. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    I sold all my silver Bars/coins months ago, well almost still have a Silver PR70
    Libertad and a collection of my Chinwoo,s.

    And theres a couple reasons why the first 1OZ of Gold is $2,000
    1OZ of Silver is $25, I am leaving it all to my kids and grand kids
    so I think they would really have something with GOLD, Silver will
    buy you 3 big mack meals...LOL

    Secondly as others have said Silver takes up allot of room on the shelf...LOL
     
    igotchange, AdamL and SensibleSal66 like this.
  10. SensibleSal66

    SensibleSal66 U.S Casual Collector / Error Collector

    Well, I've always been on a budget.:banghead: So, for me it would have to be some of the Silver coins. As I only have one Gold coin. :(
     
    AdamL likes this.
  11. rte

    rte Well-Known Member

    :wideyed: Did I miss the for sale ad?
    You had a few I would have liked to have.

    If I sold it would be a something someone else wanted more than I did.
    I've actually sold a few silver bars and one gold coin.
    All of them I'd like to have back but I didn't give them away.
     
    Last edited: May 1, 2023
    SensibleSal66 and AdamL like this.
  12. Millard

    Millard Coindog Supporter

    I think you need to do an analysis of what you paid for what you have vs what the current price is and what you stand to profit on each. As example, my brother recently needed some quick cash and had both gold and silver to sell. At the current rates it was a given that he would take a bath (lose money) on the silver. But he'd come out ahead (nicely) over what he'd paid for the gold.
     
    AdamL likes this.
  13. igotchange

    igotchange Active Member

    the sky is falling the sky is falling!
    sell sky
     
    AdamL likes this.
  14. pmbug

    pmbug Taking steps on my thousand mile journey

    I'd rather host a garage sale or post classified adds on Craigslist for accumulated "stuff" that I don't really need than sell either gold or silver.
     
    AdamL likes this.
  15. psuman08

    psuman08 Active Member

    I think it depends on how much you need from the sale and what is the current mix you hold. If the question is just which will perform better, I would say silver in the short term but probably gold in the long term.

    I don't think storage or best rate of return matters in this scenario.
     
    AdamL likes this.
  16. ldhair

    ldhair Clean Supporter

    Silver if I just need a small amount of funds. Silver is a lot of work to get ready for me. Gold for a large amount because it's easy.
     
    AdamL likes this.
  17. Mountain Man

    Mountain Man Well-Known Member

    Neither. I'm taking it all with me.
     
    bob1929, Jeffjay, rte and 4 others like this.
  18. Collecting Nut

    Collecting Nut Borderline Hoarder

    In today’s market I would be more inclined to put my gold and silver away and take out a loan at a bank.
     
    psuman08, AdamL and masterswimmer like this.
  19. AdamL

    AdamL Well-Known Member

    That's an interesting point. In my hypothetical situation, I was imagining having gold and silver as your only liquid assets.
    But a loan would probably even be a better option.
    And as others have pointed out, anything else if possible. Like the garage sale idea, or listing any of your junk in the garage that might be someone else's treasure.
     
    Collecting Nut likes this.
  20. AdamL

    AdamL Well-Known Member

    That's a good point too. I know I for one would come out ahead on a lot of silver.
    Gold is a mixed bag of older and newer purchases. Some of the newer ones would be hard to break even on selling to a dealer or paying ebay fees.
     
  21. Collecting Nut

    Collecting Nut Borderline Hoarder

    One just needs to think outside of the box if money is needed for something. I have had a few times that I considered selling some of my PM’s as I needed the money. I never did and I’m glad I didn’t. Somehow I always managed.
     
    pmbug and AdamL like this.
Draft saved Draft deleted

Share This Page