Art Posted September 10, 2009 Report Share Posted September 10, 2009 So silver, my favorite metal, is at 16.48 on September 9. In some ways that's terrific. In others not so terrific. I've been trying to put away a bit of silver every month. Mostly in the form of silver coins in my folder collections. Coins that I can get at spot +/- a few cents. The ones that I don't need I put in some tubes for future use. Maybe hold and then sell to buy something I really like but normally couldn't afford. According to the conversion charts some of my favorite US coin values are moving way up. Dimes have approx $1.20 in silver in them. Quarters $2.98. etc. I built a spreadsheet to do the calculations for some of my world coins too. Most of what I have are British 6d and 3d. A few florins and some 2 shillings. But they're all getting to be worth more and more. How is this effecting your collecting/hoarding? Link to comment Share on other sites More sharing options...
thedeadpoint Posted September 10, 2009 Report Share Posted September 10, 2009 Doesn't affect me in any significant way. The coins I collect have values substantially higher than melt. What is $3 more on a $150 coin. $153. Link to comment Share on other sites More sharing options...
Art Posted September 10, 2009 Author Report Share Posted September 10, 2009 Doesn't affect me in any significant way. The coins I collect have values substantially higher than melt. What is $3 more on a $150 coin. $153. I love your sense of humor. Link to comment Share on other sites More sharing options...
NumisMattic2200 Posted September 10, 2009 Report Share Posted September 10, 2009 Sad..if I'd had a few pennies spare I'd have bought aload of coins myself - or for that matter even bullion, but I didn't have them at the time. Such is life.. Link to comment Share on other sites More sharing options...
jtryka Posted September 11, 2009 Report Share Posted September 11, 2009 Not sure how it's affected me, but recently I've found some bargains in some areas of foreign silver coinage, so perhaps it's made me more discerning as a shopper. Link to comment Share on other sites More sharing options...
hiho Posted September 12, 2009 Report Share Posted September 12, 2009 I have a Whitman 9" x 2" case packed tight with silver dimes, quarters and halves from the 1930's and 1940's that I inherited when my aunt died at 99. Most grade VF+ and there are no keys. All are in 2x2 mylar flips, two to a flip. Every time we visited her I asked to look at her coins and she never forgot that. My sisters could care less about "stupid old coins". Whenever silver goes up I mean to list some of them on eBay, but I kind of like having that heavy case filled with silver. It's reassuring in some way. There were also about two dozen Morgan and Peace dollars but a Brooklyn babysitter helped herself to those years ago... Link to comment Share on other sites More sharing options...
Corina Posted September 12, 2009 Report Share Posted September 12, 2009 not effected my collecting at all Link to comment Share on other sites More sharing options...
hiho Posted September 16, 2009 Report Share Posted September 16, 2009 $17.29/oz so far on 9-16-09. My favorite metal (gold) remains above $1000/oz... Link to comment Share on other sites More sharing options...
ScottO Posted September 16, 2009 Report Share Posted September 16, 2009 got a chinese panda a while ago.. watching the value shoot up is fun and i just got http://cgi.ebay.co.uk/ws/eBayISAPI.dll?Vie...e=STRK:MEWNX:IT £4 in total.... thats 0.5OZ of silver plus its a YH halfcrown \o/ risk of making a loss even on melt value is nil Link to comment Share on other sites More sharing options...
Ætheling Posted September 16, 2009 Report Share Posted September 16, 2009 Last year I bought a whole load of junk silver, I've been accumulating it for some time. There seems to be less bags of scrap silver around though and as it's gone up my inclination to buy it has kind of lessened. I just can't get hold of how much gold has shot up though, silver's rise seems modest in comparison, i'm sure it's not really the case, but gold coins I could afford in 2003 are way out of my budget now! Back in 2002 I used to be able to buy earlier reign half guineas for less than 300 GBP, now the same coins are selling for 1,300 GBP! They are way, way out there way beyond my reach. I hope someone drops a whole load of gold on the market sometime soon so the prices crash back to their 1999 levels! Chance would be a fine thing indeed... Link to comment Share on other sites More sharing options...
YeOldeCollector Posted September 16, 2009 Report Share Posted September 16, 2009 I hope someone drops a whole load of gold on the market sometime soon so the prices crash back to their 1999 levels! Chance would be a fine thing indeed... Well, we cannot ask Gordon Brown any more... http://www.timesonline.co.uk/tol/news/poli...icle1654931.ece Link to comment Share on other sites More sharing options...
KardGeo Posted September 16, 2009 Report Share Posted September 16, 2009 When it comes to gold prices, be careful what you wish for! Link to comment Share on other sites More sharing options...
jtryka Posted September 16, 2009 Report Share Posted September 16, 2009 Last year I bought a whole load of junk silver, I've been accumulating it for some time. There seems to be less bags of scrap silver around though and as it's gone up my inclination to buy it has kind of lessened. I just can't get hold of how much gold has shot up though, silver's rise seems modest in comparison, i'm sure it's not really the case, but gold coins I could afford in 2003 are way out of my budget now! Back in 2002 I used to be able to buy earlier reign half guineas for less than 300 GBP, now the same coins are selling for 1,300 GBP! They are way, way out there way beyond my reach. I hope someone drops a whole load of gold on the market sometime soon so the prices crash back to their 1999 levels! Chance would be a fine thing indeed... I can certainly sympathize, US double eagles in MS-62 to MS-63 used to sell for $350, now they are easily $1,500, and unfortunately for me I still need some of the keys which cost even more! Lucky when I bought the keys back in 2003 and 2004 were going for what the common dates are going for now! I knew I should have bought more of them! And you're right about silver, it's still about $3 from it's high last year, or about 18%, while gold is within 2% of its high. Link to comment Share on other sites More sharing options...
Scottishmoney Posted September 17, 2009 Report Share Posted September 17, 2009 $20 Libs are my fave bullion coin, and I used to buy them in decent lots from Heritage etc at shows for just like 4-5% over spot, those days are gone too. I haven't bought any out of plastic in awhile. Link to comment Share on other sites More sharing options...
Finn235 Posted September 17, 2009 Report Share Posted September 17, 2009 Keep on hoarding your silver, boys and girls. Don't mind me. I'll just be hoarding buckets of old copper pennies at face value Link to comment Share on other sites More sharing options...
hiho Posted September 18, 2009 Report Share Posted September 18, 2009 Here's a useful link to quickly tell what your hoard of silver coins is worth based on current spot price... http://www.coinflation.com/coins/silver_coin_calculator.html Link to comment Share on other sites More sharing options...
ScottO Posted September 18, 2009 Report Share Posted September 18, 2009 ahha iot arrived, my halfcrown... not only is it cheap for silver content... but its the 1882 piece... 808k mintage ROFL Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.