Might be time to sell some silver soon...

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...

 

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

 

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. ;-)

 

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

 

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

 

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.

 

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.

 

I sold 100 ounces, mostly generic 10 ounce bars yesterday. I got a $34 an ounce.

 

The time to sell is anytime you can profit from the sale.

 

Maybe...history of 'market values'?

See Blackberry in June 23, 2006, then June 20 2008...than March 13 2009...as just one example.

And cell phones has literal utility versus a chunk of metal.

Good luck to you though. I will be selling whenever I'm sure I'm 'profiting' ~15% or more.

 

I'm going to wait on selling any silver.

 

Same here. I’m still holding silver that I bought at $4.00 an ounce. lol But the price keeps rising.

 

Sell if you need the cash, otherwise hold tight.

 

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

 

I still own Blackberry stock. Of course I bought when it was below $5! Like it still is...doh!

 

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

 

liking it !! not stopping

 

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

 

My experience at an LCS today was $25 for a set of 5 silver proof state quarters. That's $5 each with a current melt of about $6.50. They are selling for about $35 on eBay but with fees and shipping, it is not much above that $25 offer from the LCS. So I decided to let two sets go. I locked in a small loss (not accounting for inflation) based on buying direct from the mint around 20 year ago. But these coins were just taking up space, so I figured to let them go.

They were also paying spot for platinum and gold (a bit under for foreign gold and US modern commems).