Might be time to sell some silver soon...

Discussion in 'Bullion Investing' started by -jeffB, Jun 2, 2025 at 5:48 PM.

  1. -jeffB

    -jeffB Greshams LEO Supporter

    At last check, gold was up close to 3% for the day, but silver was up over 5%. If silver's still in the range of $35 or higher when the big state show rolls around later this month, I might need to lighten the junk pile a bit...
     
    CoinCorgi, capthank, dwhiz and 5 others like this.
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  3. slackaction1

    slackaction1 Supporter! Supporter

    Heck Yes !! don't blame you.. good time to sell it is...
     
  4. Mr. Flute

    Mr. Flute Well-Known Member

    I mainly like looking at the rising 'value' of my large common world 92.5% silver coins...that I bought for $24 about 8 years. ;-)
     
  5. Heavymetal

    Heavymetal Supporter! Supporter

    Metals are going up in dollars because the dollar is losing value. When silver starts to reflect supply/demand, then I’ll sell
     
  6. Collecting Nut

    Collecting Nut Borderline Hoarder

    I’ll hold for now. Why sell when it continues to rise in price?
     
  7. ddddd

    ddddd Member

    I've been waiting for a while to unload the silver proof state quarters that I used to get from the US Mint. If we ignore inflation and opportunity costs, I might break even on the set soon. :p
     
    Jeffjay likes this.
  8. Barney McRae

    Barney McRae Well-Known Member

    LCS dealers are still stingy with buying circulated coins. $23 per coin (and not culls) isn't moving my needle one bit to sell. If silver continues to increase in value I may auction some rolls on the fleaBay. Sellers are getting $27-30 each for small lots of 20.
     
  9. beaver96

    beaver96 Supporter! Supporter

    I sold 100 ounces, mostly generic 10 ounce bars yesterday. I got a $34 an ounce.
     
    slackaction1 and David Betts like this.
  10. Dynoking

    Dynoking Well-Known Member

    The time to sell is anytime you can profit from the sale.
     
    Mr. Flute likes this.
  11. Mr. Flute

    Mr. Flute Well-Known Member

  12. ldhair

    ldhair Clean Supporter

    I'm going to wait on selling any silver.
     
    Collecting Nut likes this.
  13. Collecting Nut

    Collecting Nut Borderline Hoarder

    Same here. I’m still holding silver that I bought at $4.00 an ounce. lol But the price keeps rising. :smuggrin:
     
    Heavymetal likes this.
  14. Gilbert

    Gilbert Part time collector Supporter

    Sell if you need the cash, otherwise hold tight.
     
    rte likes this.
  15. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    precious metals are only getting stronger if anything I would buy more !
     
  16. CoinCorgi

    CoinCorgi Tell your dog I said hi!

    Mr. Flute likes this.
  17. Mr. Flute

    Mr. Flute Well-Known Member

    Silver just under $36/toz right now. Nice.
     
  18. slackaction1

    slackaction1 Supporter! Supporter

    liking it !! not stopping
     
    Last edited: Jun 5, 2025 at 11:13 AM
    mpcusa likes this.
  19. Heavymetal

    Heavymetal Supporter! Supporter

    Silver trading on its own merits now. Supply and demand still the final law. Worldwide supply deficit getting higher. And about another 10% decline in the dollar index expected in the back half of the year. Metals be jammin
     
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