I plan on doing this someday assuming silver prices sky rocket in 5 years. Currently local guys are paying 15X face value do you think that's a fair price and do you predict the prices of silver will continue to go up every year? Someone told me it was a wise investment anyhow the value of the dollar continues to go down.
i have sold some but then i replaced with morgans or ase, but you do whats good for you and meets your needs. me my plan is just to build a stack for now. everybody's situation is different someone may need the money for everyday life stuff.
Typically, I sell off 35% nickels and 40% halves to fund the purchase of a 90% or any coin I am looking to get. I pretty much keep everything else. And if silver skyrockets in the next five years, I would most likely sell it off.
I sell the 40% because I find enough of it to further fund future roll hunting adventures. I keep any and all 90% for the sheer joy of owning real non-fiat money.
I don't really sell any of my finds. I just stack them. I guess I wouldn't be opposed to selling them... but never really found the need to yet.
I've sold 40% halves and immediately used the money to buy 90% and only lost about 6% of the actual silver weight. Selling 90% coins for 15x is not a good price, you should be able to get AT LEAST 20x at the current silver price.
