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Is anybody still buying silver and gold?
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<p>[QUOTE="medoraman, post: 1241552, member: 26302"]I would say that if you are buying a collectible coin go ahead. I am not afraid of buying silver or gold coins today, I am just not buying items that is only dependent on gold or silver prices. </p><p><br /></p><p>I consider collectible coins "return" as your enjoyment. Enjoy your hobby, man, regardless of metal prices. If you think silver is high I wouldn't be buying a lot of "junk" dimes right now, but all collectible coins to me are immune to gold/silver talk. I just bought a bunch of pretty French silver coins the other day. I could care less that silver is high, I like them, I enjoy them, so that is all that matters.</p><p><br /></p><p>To me, coin collecting is all about spending money on a hobby as enjoyment. The fact my wife will be able to sell the stuff off for money is just an aside. I get full value from them just owning and studying them. If you do the same, then no matter what prices do in the future, you are already ahead. </p><p><br /></p><p>PM discussions are for asset allocation of investment dollars, and should be completely separate from coin collecting decisions. It is for me anyway.</p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1241552, member: 26302"]I would say that if you are buying a collectible coin go ahead. I am not afraid of buying silver or gold coins today, I am just not buying items that is only dependent on gold or silver prices. I consider collectible coins "return" as your enjoyment. Enjoy your hobby, man, regardless of metal prices. If you think silver is high I wouldn't be buying a lot of "junk" dimes right now, but all collectible coins to me are immune to gold/silver talk. I just bought a bunch of pretty French silver coins the other day. I could care less that silver is high, I like them, I enjoy them, so that is all that matters. To me, coin collecting is all about spending money on a hobby as enjoyment. The fact my wife will be able to sell the stuff off for money is just an aside. I get full value from them just owning and studying them. If you do the same, then no matter what prices do in the future, you are already ahead. PM discussions are for asset allocation of investment dollars, and should be completely separate from coin collecting decisions. It is for me anyway. Chris[/QUOTE]
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