Next step silver - over $20.00

CURRENTLY:

GOLD: $1,232.90
Silver: $19.40

 

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CURRENTLY:

GOLD: $1,232.90
Silver: $19.41

 

CURRENTLY:

GOLD: $1,234.20
Silver: $19.42

 

CURRENTLY:

GOLD: $1,235.10
Silver: $19.42

 

CURRENTLY:

GOLD: $1,235.30
Silver: $19.42

 

Up nearly 5% today, just .08¢ away from $19.50 oz.

 

we should see tomorrow at over $20.00/oz.

 

just need a 3.5% up. yes. we can do it.

 

what factor tomorrow for that much of a hike?

 

today we up 4.54%. isn't it.

 

If you'd like to be exact, yes. I wasn't which is why I said "nearly 5%"

 

so another 3.5% tomorrow. is it possible?. if not. i resign from coin talk tomorrow. the gold and silver should hit another all time record high. gold at $2,300.00. silver at $100.00 per ounce.

 

I'm betting that no matter what happens you can't stay away...:whistle:

 

it will crispy. when time come. i will be disappear.

 

You threaten this so often yet here you are... why would you invest so much time here only to disappear?

 

because the very near future. my job won't allow me. it is too busy. and if i have spare time. i will concentrate on the stock market. i got enough collector's items.

 

but this is about bullion, not numismatics. you mix the two all the time, now your are thinking to sell your 'collectors items' at bullion prices.

there's always time to drop in here, weekends, holidays, evenings to catch up for a bit... not so drastic as to totally disappear.

 

by watching everyday at coin talk. our best hobby. the temptation is very high. that you gonna keep on buying and buying.

secondly. my gold. at the beginning were all bullion. who knows those became collector's items. example the 2006w to 2008w fractional AGE unc gold. when you buy them. it is a bullion. right?. and during those period. few people even like them. same with 2008w AGB unc and proof. anyway. how is the gold right now?. in asia. did the gold break new high again?.

 

Fundamentally, any coin with a composition of precious metals are bullion. However, when you buy a US Mint precious metal composition coin bearing a "W" mint mark it has been minted for and marketed to 'collectors'. There is generally a premium on the retail sale of that version of that coin with the "W" mint mark when bought directly from the Mint or a dealer. There are those versions of certain coins (ASE, AGE, AGB) from the US Mint which bear the same design but NO "W" mint mark which are to be priced and sold according to bullion market for investors. Some people, a minority of collectors, may choose to collect bullion coins, but by the market and per these threads, this is a discussion of bullion coins, not collectors coins. With that said, certain bullion dealers will acquire and sell at bullion costs, coins of lesser quality that were once minted as commemorative coins for collectors, Proofs and BU numismatic grade/quality, pricing it as bullion as its typically assessed numismatic quality of a high grade or pristine condition may no longer bear the quality suitable for a collector willing to pay a premium. This is why I warn you often Elaine, to buy bullion and not to buy collectors versions with huge US Mint premiums if you are only going to turn around and sell them for bullion values and instead of to the collector market. It's a waste of your time and money to do otherwise and it typically takes a decades of time to recoup the original premium you paid out to acquire those collector versions. No big deal if you intend to sell them to the collector market, or find collectors of bullion coins willing to pay a premium on a regular unc bullion coin. You have to understand the difference, which I thought you inherently had understood, due to the length of time you have been waiting to unload your collector version US Mint silver commemorative coins you've held for the past 20+ years.

Those fractional 2006w-2008w were only fundamentally bullion, they were marketed with a "W" mint mark and are collector versions, some in Proof and some in Unc.

Asian markets as you know are just about to open... no updates yet available.

 

some w mint mark can be bullion too. if no few people like them. since i am not selling them yet. i always use the lowest price or bullion as my selling price. so it won't show too much and at the end it might not.

in new york. i try to play sometimes. i bring few pieces of collector's items. and pass by a coin store. of course they don't know me. so i ask for a quote. every time the dealer use bullion price for me. and wait i want to walk away. then they stop me and offer me a better price. the price not even close to what we know. what a cheater. i don't trust dealers.