I may need to cash out some silver about $2000 . Not using a pawn or Loan shark is why I originally purchased silver If I need borrow I will borrow from me . Repurchase price is still low . My stack is all sorts of types rounds plenty of generic along with 10 oz 5 0z as part of the generic stack I also have the currency round's like maple leaf's - eagles - various other countries & Panda's Also 1/10 oz gold USA / Canada coin & generic bars some generic platinum Are the Generic PM's what's best to sell off , it seems to me keeping the maple leaf's - eagles the proper choice. Yet in 20 years even the Generic mass produced rounds might have fans I almost feel the Gold Eagles is what I should sell off . Since value of gold is king over future numismatic value in my life time . Gold is Gold , spot price is king with NEW unless you dig back in the years Yet I feel many of my generic rounds as corny as they are like a Year of the Rooster 1 oz wile to me is just silver yet in twenty years who knows . 10 oz 5 0z generic stack might also be more disposable So your view's welcome
if you have OLD bars and rounds they may be worth more than spat as they have collectors value. check out the rare bars collectors forum and www.allengelhard.com for more info
Excessive additional value over spot I personally don't swing that way for me getting a Panda is a big deal I'm cautious & feel a PM is a PM .But I realize the other side & since people will pay a premium regardless that is a market it's a thought that one day during retirement some of my Generic rounds from JMB & the like could command a pinch more interest to some body just cause the Die's that made them don't any more . I see on ebay silver generic coins that I personally would not pay the premium but for what ever floats somebodies boat they pay Listed below most likely is an example of future Generic Rounds To me not worth the price but demand creates reality http://www.ebay.com/itm/999-FINE-SI...da4dc2b4b29acd80701064&pid=100506&rk=1&rkt=1&
All going well copperhead by the time we get around to selling (i have to rebuy first as i sold with intent to buy back in thinking i could do so cheap in March.LOL) the prices will be such that we will not care about premium when we compare to the price we acquired at. I certainly and surprisingly miss not have lots of silver to play with. Gold is still here but a few coins of gold has very little appeal for me when compared to the same cash price amount in silver. Even the sprogs have been getting up me about not having all my coins out to play with as they enjoyed it as well and from the coins have a way better than average knowledge of the British royal family line of Kings and Queens. I would imagine there will always be collectors around and your thoughts on current generic will hold true. Have you made any headway on your sales yet?
Here is all I collect here is all I stack anencephaly the reason is the laws currently state these coins cannot be assigned a 1099b when you sell them over the threshold amount to dealers if you ever need to .... Silver and Gold buy list SILVER ------------ 1.) SILVER U.S. EAGLES - 1 oz coin 2.) SILVER CANADIAN MAPLE LEAFS - 1 oz coin 3.) SILVER AUSTRIAN PHILHARMONIC- 1 oz coin Note: I do stack 90% constitutional silver anytime I can buy it for a dollar or less over spot and over the decades have accumulated a lot but this is for worse case scenerio barter system in place like Venezuela today ( however - any amounts sold over 1000 face value is reportable on a 1099b ) but I'll never sell these ever ... GOLD ---------- 4.) U.S. GOLD EAGLE - 1 oz 5.) THE GOLD AUSTRALIAN KANGAROO- 1oz 6.) THE GOLD AUSTRIAN PHILHARMONIC- 1 oz 7.) THE GOLD CHINESE PANDA - 1 oz 8.) THE GOLD BRITISH BRITANNIA SERIES - 1 oz 9.) THE GOLD AUSTRALIAN LUNAR SERIES 1 & 2 - 1 oz 10.) I do not stack the following but they are exempt from 1099b as well --- any fractional gold by one of the above gold mints listed Note: examples of all other gold coins that are reportable in amounts over 25 coins - Krugerrand, Maple Leaf or Mexican Gold Orza etc etc etc All bars are reportable silver and gold No jewelry is reportable So I would keep all the non reportables no matter what and sell gold that is reportable first to get to the amount you need then silver reportables starting with bars Just my advice and I m not a collector do not care about numismatics if that is your thing then you'll need to reevaluate my advise - the reason I say gold before silver is the gold/silver ratio is really high right now giving silver way more room to fly PS I joined this forum just to answer your question heh...
