I have a various stack of silver in my stash and thought if it was time to sell a piece of my stash what would be the order I would sell first. My first to last order to sell would be: 1) My 35% & 40% war nickels and JFK half dollars. 2) Certain various world bullion coins (not my Pandas though) 3) My old world silver coins. 4) My ASE stack. 5) and last my 90% USA junk silver coins. Can't sell the Pandas because they belong to my kids. How about you?
I'd have the same order except I'd switch items 2) and 5) just because I have a preference for metals stamped/pressed with the purity and weight on them.
I would look at what items "should" continue to gain numismatic/collectors value and keep them, selling items that will probably only attract silver value first. So if "junk silver" is only ever going to attract spot plus or minus a bit I would sell that before earlier ASE's that "should" gain value as they get older and scarcer.
Since I only have pandas, I would have to sell the goldpandas first That way I dont have to sell so many
I would sell least liquid to most liquid. So for example, if you have a typical "stacker" stack: 1. ROUND 50's 2. ASE 3. Kilo Bars 4. 10oz bars For the kilo and 10oz ones, I think keep the Perth mint ones the longest as they're very liquid.
It would totally depend on if I'm forced to sell (due to some unforeseen significant or catastrophic personal turn of events) and what market conditions are like at the time. I have a small but diversified 'stack'. If, at the time I am forced to sell, spot prices are relatively higher, then I'd dump junk silver and blobs (common bars and rounds) first, followed by raw ASE's and other raw bullion coins including Pandas. Following this would be silver jewelry. Then semi-numi modern coins, slabbed bullion coins, and premium poured or cast silver products would come next. Lastly would come any numismatic items I have that I am not very attached to. If on the other hand spot prices are low at the time, I would likely change the order of selling a bit. .
lol, i say that all the time and you should see the look some people give me haha. If everything was going at Spot. 1. 100 Ounce Bar 2. 1 kg bars 3. 1 oz morgan bars 4. 1 oz maple leafs 5. 1 kg Kook and Year of Snake Coins would be last, as they were meant for collectors items.
i always assumed that ASE's, maples and other coins would be easier to liquidate, so why would you sell your 1kg last?
Because he holds the pr0n for last. Because in the supermarket you also get rid of small change first.
Sell the 1kg last? because I think there may be a major demand from industrial consumers. The manufacturers of solar panels etc (Apple or Samsung?) may even smile upon an order for panels from an end used that can supply the silver? They would be in the market for 100Kgs of the stuff. JMO OC
Yeah so if thieves are chasing you, you throw a bunch of ase's and they got to look around to collect. You toss them a 1kg bar, they can just pick it up and still run after you. Unless you plan on throwing it and end up stoning them
If i were you i would save the 35% and 40% until a major boost in spot silver price. If you can find old sales thread from 2011 you would see that the premium on the lower content silver was up there with all other silver and you will not get that at the moment. Many people consider the lower content coins as junk (not me ) and will pay bugger all for them .
Hypothetically, if I could wait until the price went up then: 1 Big bars 2 little bars 3 bullion coins 4 pre-decimals 5 junk jewellery If I had to sell in a hurry, probably little bars first.
