Do you have an emotional attachment to your bullion?

Discussion in 'Bullion Investing' started by Jason.A, Jul 12, 2018.

  1. Jason.A

    Jason.A Active Member

    Will you find it difficult to sell?

    We often think nothing of buying or selling a stock, opening or closing a CD, but what about your money is in something physical like silver or gold. Do you develop an emotional attachment to a particular piece of the shiny stuff? If so, will that make it difficult for you to ever sell it?
     
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  3. TheFinn

    TheFinn Well-Known Member

    Bullion, no. Coins, yes.
     
    spirityoda likes this.
  4. Clawcoins

    Clawcoins Well-Known Member

    well. I have bullion coins. I don't buy generic bars or rounds. So some of them Yes, others No.
    Unless the price spikes for some odd reason.

    Case in point, when those US MINT ASE Congratulation sets spiked up in price last year; I sold them all. That was just plain "stupid money".
     
  5. V. Kurt Bellman

    V. Kurt Bellman Guardian of The Farce, & Dead-Eye Master

    Bullion? Yes, I hate it all. It's all a bit unhealthy, actually.
     
  6. longnine009

    longnine009 Hammer of the gods

    "Don't marry your stocks." Hey, where'd that come from?
     
  7. V. Kurt Bellman

    V. Kurt Bellman Guardian of The Farce, & Dead-Eye Master

    My one sister married a guy who had "married his stocks". Does that make him a bigamist?
     
  8. Collecting Nut

    Collecting Nut Borderline Hoarder

    Not in the least!
     
  9. ToughCOINS

    ToughCOINS Dealer Member Moderator

    Yeah, I have an emotional attachment . . . when bullion goes down I feel just like I do when my taxes go up!

    Seriously though, I'll profitably sell any coin I have for the opportunity to buy and learn about another.
     
  10. ToughCOINS

    ToughCOINS Dealer Member Moderator

    Depends . . . did he have more than one stock?
     
  11. V. Kurt Bellman

    V. Kurt Bellman Guardian of The Farce, & Dead-Eye Master

    After she worked him over pretty good about it. It was "legacy stock" in an east coast bank of which his dad was a founder. After about a gazillion mergers, it's now Wells Fargo.
     
  12. ToughCOINS

    ToughCOINS Dealer Member Moderator


    Pretty hard for her to expect him to part with that, or at least all of it.
     
  13. V. Kurt Bellman

    V. Kurt Bellman Guardian of The Farce, & Dead-Eye Master

    All she asked was diversification. After a while, she got it, just before the stock tanked.
     
  14. tommyc03

    tommyc03 Senior Member

    For me, no attachment whatsoever. It just sits until I see a price I'm comfortable to sell for. And then start over when the price is right.
     
  15. rte

    rte Well-Known Member

    Sure I have a few pieces that it would take 2x spot or better for me to pass on to someone else.
     
  16. green18

    green18 Sweet on Commemorative Coins Supporter

    And all of us 'old folks' know what they are.......
     
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  17. ldhair

    ldhair Clean Supporter

    No. It's just a place to park money.
     
    tommyc03 likes this.
  18. RhinoEmpire

    RhinoEmpire Hi-Yo (Ag)

  19. Cheech9712

    Cheech9712 Every thing is a guess

    Boy. What a strange question. Dont know what to say. I'm not a doctor
     
  20. desertgem

    desertgem MODERATOR Senior Errer Collecktor Moderator

    My psychiatrist friend says he has a patient who sleeps with his money: coins, bullion, cash, etc. He lost his family to sanity long ago and lives alone with his computer friends. I asked , what did you do. He said we talk , and he cries, but when he pays me, it is cash!

    I asked : Is this true? he said ~ You know a lot of coin collector don't you !!
     
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