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<p>[QUOTE="GoldFinger1969, post: 26664892, member: 73489"]We always said this was a hobby and not to worry about the investment implications. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie7" alt=":p" unselectable="on" unselectable="on" /></p><p><br /></p><p><b>I don't think we are LOSING money on our silver/gold coins....but we are finding out that the PREMIUMS we paid for are being eroded.</b> In a bull market, bullion is king not numismatics....and we're learning that the hard way. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie4" alt=":mad:" unselectable="on" unselectable="on" /></p><p><br /></p><p>At least the premiums I paid for gold years ago have been more than offset by the higher gold price. I'm up (for whatever that is worth <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /> ) but not as much as the price of gold has risen since my purchase. Bigger premiums paid on silver have absorbed 70-90% of the rise in the silver price so I might need $150 silver to make up for the premiums I paid on many of the commemoratives and few MSDs.[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 26664892, member: 73489"]We always said this was a hobby and not to worry about the investment implications. :p [B]I don't think we are LOSING money on our silver/gold coins....but we are finding out that the PREMIUMS we paid for are being eroded.[/B] In a bull market, bullion is king not numismatics....and we're learning that the hard way. :mad: At least the premiums I paid for gold years ago have been more than offset by the higher gold price. I'm up (for whatever that is worth :D ) but not as much as the price of gold has risen since my purchase. Bigger premiums paid on silver have absorbed 70-90% of the rise in the silver price so I might need $150 silver to make up for the premiums I paid on many of the commemoratives and few MSDs.[/QUOTE]
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