Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
A Strategy...
>
Reply to Thread
Message:
<p>[QUOTE="Morgan1878, post: 605236, member: 17869"]As many of you are aware, the price of silver has gone up about 30% in the last month.</p><p> </p><p>In this same time frame, the value of <i><u>most</u></i> collectible Morgan dollars have either held steady or have gone down. Very few have gone up. It is no different with art, rare cars or other collectibles. Most collectibles reach a peak price when an economic cycle is at its top. Obviously, we're not at a top now, we're crawling out of a hole..</p><p> </p><p>I am holding on to a fair amount of uncollectible silver. </p><p> </p><p>My strategy is to trade this "junk silver" for collectible Morgans. I have a local dealer who will do this.</p><p> </p><p>Since I believe that the price of silver will continue its upward trend, I see no reason to start trading until the price of the <i>collectible </i>Morgans begins to accelerate or the price of silver stops rising. I think silver has a ways to go..</p><p> </p><p>What do you think of this strategy?[/QUOTE]</p><p><br /></p>
[QUOTE="Morgan1878, post: 605236, member: 17869"]As many of you are aware, the price of silver has gone up about 30% in the last month. In this same time frame, the value of [I][U]most[/U][/I] collectible Morgan dollars have either held steady or have gone down. Very few have gone up. It is no different with art, rare cars or other collectibles. Most collectibles reach a peak price when an economic cycle is at its top. Obviously, we're not at a top now, we're crawling out of a hole.. I am holding on to a fair amount of uncollectible silver. My strategy is to trade this "junk silver" for collectible Morgans. I have a local dealer who will do this. Since I believe that the price of silver will continue its upward trend, I see no reason to start trading until the price of the [I]collectible [/I]Morgans begins to accelerate or the price of silver stops rising. I think silver has a ways to go.. What do you think of this strategy?[/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
>
Coin Chat
>
A Strategy...
>
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...