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<p>[QUOTE="cladking, post: 8447359, member: 68"]You can always find really nice silver and gold coins at very little premium. When premiums are low or non-existent then stash eagles or pick out better dates of US and world coins. Something is always going for firesale prices because markets weren't sane even before they were micromanaged. When premiums go up then sell and buy stuff with no premium or even a discount. </p><p><br /></p><p>For instance right now I'm cleaning out years accumulations of barber coins. I bought most of these at a discount to silver because they are worn and during times of high premiums buyers don't want thin coins. I sold most at a 30% premium to silver and bought back 40% silver at a 20% discount. Next year I expect to start moving out world silver with a 150% premium. I'll replace it with what ever is cheap yet desirable next year. I'm also selling 40% chBU and PR Ikes and Kennedys at a 100% premium some of which I bought at a 30% discount. 100% premium isn't enough for the varieties and Gems so I'm selling them separate. </p><p><br /></p><p>People do the same things at the same time and you have to learn to swim against the current and do the opposite. When silver and gold prices drop, buy more, increase what you have and when they are high sell or slow your purchases. </p><p><br /></p><p>I believe now is a good time to hold however I'm a perennial bull and I'm sure prices could go negative. It's also a good time to switch gold into silver a little but don't get carried away since gold could rebound as silver continues to fall. If this happens you want to have some gold to trade into silver.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 8447359, member: 68"]You can always find really nice silver and gold coins at very little premium. When premiums are low or non-existent then stash eagles or pick out better dates of US and world coins. Something is always going for firesale prices because markets weren't sane even before they were micromanaged. When premiums go up then sell and buy stuff with no premium or even a discount. For instance right now I'm cleaning out years accumulations of barber coins. I bought most of these at a discount to silver because they are worn and during times of high premiums buyers don't want thin coins. I sold most at a 30% premium to silver and bought back 40% silver at a 20% discount. Next year I expect to start moving out world silver with a 150% premium. I'll replace it with what ever is cheap yet desirable next year. I'm also selling 40% chBU and PR Ikes and Kennedys at a 100% premium some of which I bought at a 30% discount. 100% premium isn't enough for the varieties and Gems so I'm selling them separate. People do the same things at the same time and you have to learn to swim against the current and do the opposite. When silver and gold prices drop, buy more, increase what you have and when they are high sell or slow your purchases. I believe now is a good time to hold however I'm a perennial bull and I'm sure prices could go negative. It's also a good time to switch gold into silver a little but don't get carried away since gold could rebound as silver continues to fall. If this happens you want to have some gold to trade into silver.[/QUOTE]
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