Page 2 of 2
Re: Silver Short Squeeze to 1000
Posted:
Mon Feb 01, 2021 2:28 pmby Tourney64
Although silver is up again today, certainly not seeing the huge spikes at this time. Supplies at APMEX are marked as pre-order for coins that have already been released for 2021.
Re: Silver Short Squeeze to 1000
Posted:
Mon Feb 01, 2021 8:12 pmby misteroman
If silver gets anywhere near $50 an ounce I'm unloading and paying my house off!!!! May even throw some Morgan's up tonight on wife FB and see if I can get some bites!!!
D
Re: Silver Short Squeeze to 1000
Posted:
Mon Feb 01, 2021 8:24 pmby Thogey
ASEs are selling at auction for 48 shipped on e-bay right now.
Re: Silver Short Squeeze to 1000
Posted:
Mon Feb 01, 2021 10:23 pmby Changechecker
Today I sold eleven rolls of War nickels for 55.00 each. Took the proceeds to coin shop and scored 26 F/XF walking liberty at $11.00 each. Wish he had more but I'm happy with the flip.
Re: Silver Short Squeeze to 1000
Posted:
Tue Feb 02, 2021 8:15 amby Market Harmony
Changechecker wrote:Today I sold eleven rolls of War nickels for 55.00 each. Took the proceeds to coin shop and scored 26 F/XF walking liberty at $11.00 each. Wish he had more but I'm happy with the flip.
This is the way... sell the stuff that typically has no premium at premiums prices now, and convert to more commonly accepted forms of higher purity
Re: Silver Short Squeeze to 1000
Posted:
Tue Feb 02, 2021 8:27 amby Lemon Thrower
I'm waiting a little longer and then I'll sell my culls, crap flatware, etc.
But I may have to wait a while. Overnight, they took the price down below the Friday close.
Re: Silver Short Squeeze to 1000
Posted:
Tue Feb 02, 2021 8:57 amby Changechecker
Hopefully the overnight drop won't last. The premiums for the big dealers seems to be holding steady as they are putting products back out for sale. I wouldn't mind realigning more.
Re: Silver Short Squeeze to 1000
Posted:
Tue Feb 02, 2021 2:16 pmby knibloe
Market Harmony wrote:Changechecker wrote:Today I sold eleven rolls of War nickels for 55.00 each. Took the proceeds to coin shop and scored 26 F/XF walking liberty at $11.00 each. Wish he had more but I'm happy with the flip.
This is the way... sell the stuff that typically has no premium at premiums prices now, and convert to more commonly accepted forms of higher purity
This is my goal with my 40%, but I wanted it to go higher first.
I personally like Canadian silver dollars and have a decent number of them. If there is a large run up, I might hold onto them just because.
Re: Silver Short Squeeze to 1000
Posted:
Tue Feb 02, 2021 4:46 pmby Thogey
Even after fees and shipping you net 10 over spot for ASEs on E-bay. Sell a few. Man that's 4000 for 5 roll. With a $1000 premium