Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
25th Anniversary Silver Eagle Set PRICE WATCH
>
Reply to Thread
Message:
<p>[QUOTE="Tallon, post: 1345538, member: 35482"]I've been reading for a couple of months now, mostly from the same people, that these sets are going to crash and burn. I have an observation. First let me say, I have no axe to grind on this subject. I purchased my five sets and sent them in for grading (the first time I've ever had a coin graded.) I have just finished selling off what I needed to to recover my investment, all of it. That means I included the coins, the grading fees, NGC membership fee, shipping, eBay fees, PayPal fees, capital gains liability, etc. What I'm left with is a $27. profit and three MS/PF70 sets which I'm going to hold on to for a while. My net investment in those three sets is zero, so I will make a profit on this "bunch of bullion" even if they drop to below spot and spot goes back to $6. per oz., neither of which is likely.</p><p><br /></p><p>My observation is that since the first couple of weeks when there was no supply and the prices spiked, these sets and individual coin's prices have been remarkably stable. The market has been able to absorb periods of 1400+ listings and weeks of 900 - 1000 listings on eBay. The demand appears to be very strong. Either way, I know the 25th Anniversary set is one of the best investments I've ever made.[/QUOTE]</p><p><br /></p>
[QUOTE="Tallon, post: 1345538, member: 35482"]I've been reading for a couple of months now, mostly from the same people, that these sets are going to crash and burn. I have an observation. First let me say, I have no axe to grind on this subject. I purchased my five sets and sent them in for grading (the first time I've ever had a coin graded.) I have just finished selling off what I needed to to recover my investment, all of it. That means I included the coins, the grading fees, NGC membership fee, shipping, eBay fees, PayPal fees, capital gains liability, etc. What I'm left with is a $27. profit and three MS/PF70 sets which I'm going to hold on to for a while. My net investment in those three sets is zero, so I will make a profit on this "bunch of bullion" even if they drop to below spot and spot goes back to $6. per oz., neither of which is likely. My observation is that since the first couple of weeks when there was no supply and the prices spiked, these sets and individual coin's prices have been remarkably stable. The market has been able to absorb periods of 1400+ listings and weeks of 900 - 1000 listings on eBay. The demand appears to be very strong. Either way, I know the 25th Anniversary set is one of the best investments I've ever made.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
25th Anniversary Silver Eagle Set PRICE WATCH
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...