Did I do good with my silver 1 once dragaons?

Discussion in 'Silver' started by show-me-the-metal, Sep 14, 2011.

  1. show-me-the-metal

    show-me-the-metal New Member

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    Hi guys. Just sold 20 lunar 1 ounce 2012dragons for $2000. Have another 20 was wondering should I keep them or sell them. Is it a fair price for them?

    Thanks
     
    show-me-the-metal, Sep 14, 2011
    #1
  2. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    here there everywhere
    So your next 20 owe you nothing ,just sit on them
     
    spannermonkey, Sep 14, 2011
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  3. Teh silvers

    Teh silvers Member

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    Congrats you now have 20 free dragons.
     
    Teh silvers, Sep 14, 2011
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  4. JDMseaweed

    JDMseaweed Member

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    ^ Same as above.

    you're pretty much free carried... hide them somewhere!
    If I was in your situation - I'd only sell the rest IF i really really needed the cash.
     
    JDMseaweed, Sep 14, 2011
    #4
  5. Yippe-Ki-Ya

    Yippe-Ki-Ya New Member

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    who payed $100/ounce for silver? :lol:
     
    Yippe-Ki-Ya, Sep 14, 2011
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  6. Anthony

    Anthony New Member

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    Maybe.

    I am guessing you were the roll for $2000 buy it now on eBay?

    Remember to take $50 of eBay fees off that as well as paypal and postage fees. Should end up around $1850, still good for a $1000 buy though.
     
    Anthony, Sep 14, 2011
    #6
  7. show-me-the-metal

    show-me-the-metal New Member

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    Hi Anthony, yep that was me. I know all about ebay fees, i pay them $20,000 a year. Paypal on top. I think I will keep the others for now. Thanks for the input guys. I also think the price will get cheaper now as more are coming to market.
     
    show-me-the-metal, Sep 14, 2011
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  8. Aureus

    Aureus Active Member Silver Stacker

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    You did really well, as you said the price will go down before it increases.
     
    Aureus, Sep 14, 2011
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  9. Silvermonkey

    Silvermonkey Active Member

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    Yes, what they said ^^^^^^

    Welldone mate, just got in at the right time I think!
     
    Silvermonkey, Sep 14, 2011
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  10. silvstack

    silvstack Member

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    what's the rationale for a stacker to hold onto the nice dragons? i mean, and respectfully, if you can sell them for 2x spot, why not sell them and buy something closer to spot? because it seems to me that the "collectibility" is a sort of misdirection which keeps people from owning quantity. that said, they sure are nice coins!
     
    silvstack, Sep 14, 2011
    #10
  11. SilverBrumby

    SilverBrumby Member Silver Stacker

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    i swapped 10 dragons for .66 ounces of gold. me happy
     
    SilverBrumby, Sep 14, 2011
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  12. nicwinner

    nicwinner Active Member Silver Stacker

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    100 ea is a fair price under current demand
     
    nicwinner, Sep 14, 2011
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  13. Yippe-Ki-Ya

    Yippe-Ki-Ya New Member

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    no thank you - i'd sooner take two 1 ounce buffalos and one 1/2 ounce buffalo ANY DAY thanks
     
    Yippe-Ki-Ya, Sep 14, 2011
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  14. THUCYDIDES79

    THUCYDIDES79 New Member Silver Stacker

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    Thats $100 when having purchased 20 coins - implying cost per single coin of at least $110
     
    THUCYDIDES79, Sep 14, 2011
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  15. Silvermonkey

    Silvermonkey Active Member

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    Price demand current
    Fair 100 yes yes
    #Winning
     
    Silvermonkey, Sep 14, 2011
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  16. Photonaware

    Photonaware Active Member

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    Sounds as if you made a killing on this transaction if you bought at $40.
    Still cannot understand the pricing of the $1 coin compared to all the other denominations.
    I would sell before the price drops if you are making a good return.
     
    Photonaware, Sep 14, 2011
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  17. plata

    plata Member Silver Stacker

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    so, why not selling them? if the price will get cheaper eventually, say $80 per coin, buy them at that time and still you made $160 profit.
    in the other hand, what if prices won't get cheaper as there are only 300,000 mint produced and over 20 million people asking for it? IMHO
    :rolleyes:
     
    plata, Sep 14, 2011
    #17
  18. Yippe-Ki-Ya

    Yippe-Ki-Ya New Member

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    :lol:

    i love these dragon threads...

    Makes me proud to be a "fundamentalist" :lol:
     
    Yippe-Ki-Ya, Sep 15, 2011
    #18

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