Discussion in 'Coin Chat' started by chickenfight, Feb 19, 2011.
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What grade were the 1921 and 1928 in? Those two coins alone are usually worth half of what you sold the entire set for.
I LOVE your new penny and good numismatic decision. Buy what you love, sell what you don't and you'll never feel bad.......
No More Coin Collecting for Me.....Now I Collect Food and Water
I just sold my entire collection, all silver that had no reasonable nuministic value went for 32+ dollars an ounce. The rest went for the nuministic dealers value. Everything except the tokens and other coins (not silver). I kept the bags and bags of loose coins for later this week to bring to the bank and cash in for face value.:hail:
My guess is the silver and gold will continue to climb in value for a bit longer before the entire economy of the US collapses and everything, gold, silver and the money I received for the collection is worthless. I have turned to the only thing that will be of value......religion. Hopefully I will have stored, grown and raised enough food by the time everything has gone south to hold me and my family for a short while. Can goods are much more practical to collect.
Good Luck to all Collectors!!!!
The funny thing is that you're by no means alone in your apocalyptic view of things to come. Since the economic crisis of 2008, it seems I meet more and more people who share your pessimistic view of our country's future. Who knows, you might be right and we numismatists may one day find ourselves in possesion of a whole bunch of coins that aren't worth much more than their melt value. But I'm an eternal optimist so I'm going to continue to buy numismatically value-enhanced collectibles while my survivalist-minded friends collect a basement full of canned goods. Fortunately for myself, gun collecting is also one of my hobbies so if the world ends at least I've got the shooting irons to fall back on.
Many catalogs have become worthless (even the CDN cant keep up). So one has to calculate the premium over BV to input into the pricing formula. While I have taken some profits along the way I am taking my time
to get maximum value and believe it will go higher.
The present USA economic situation probably will not improve much until WW3. Our country is becoming more and more polarized betwen the haves (represented by the Rebublican Party) and the have nots while wasting Billions on land wars and foreign aid. It has become apparrent the only worthwhile foreign policy in these times is to militarize the southern border, be sure we can win the war at sea, build more ships, fighters, artillery, plus a space force. For enemies outside of the Americas, strategy should be focused on simply blasting them from the face of the Earth when push comes to shove.
Funny.....we share another collection......Guns and Ammo, which I have collected for years. I have a very large arsenal of firearms and reloading equipment to help me along protecting my collection of cans. All jokes aside.....I hope you are correct, although the book I read predicts otherwise. I figure at my age I won't be here long anyway and I can't bring anything with me so I'll just enjoy what I can while I can.
cool, a fellow gun enthusiast. Speaking of selling silver while it's high to buy other stuff while it's low reminds me why I've also recently added to my gun collection. Have you noticed how insanely low the prices have been on AR-15 magazines lately comapared to just a few years ago. Many firearms trading at lower than typical prices out there too right now. Hmm....Wait, note to self! I'm not buying anymore because the gunsafe is already full.
I share the full gun safes problem....but there's still closets and drawers. I also quit buying though and pass time reloading custom loads, tweeked for the ballistics of each weapon.
gunsafes are cheap.
Yep, that's the same thing I'm thinking so for right now I will hold. I still buy on occasion but mostly I just enjoy what I have!!! mo money, more money!!
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