Buying gold and silver.

[GSM]

I have been following this thread a bit and watching the numbers climb. What would the advice be to someone who is in possession of about 30-35lbs of pre-1965 US coins and silver bars be?

 

[Rowdie]

I have been following this thread a bit and watching the numbers climb. What would the advice be to someone who is in possession of about 30-35lbs of pre-1965 US coins and silver bars be?

Depends on your debt

 

[Jiffy]

A new boat and rig to pull it!

 

[49994]

I have been following this thread a bit and watching the numbers climb. What would the advice be to someone who is in possession of about 30-35lbs of pre-1965 US coins and silver bars be?

Depends on why you have the silver? Was it a hedge against the dollar? Was it an investment like owning a stock?
Most of the metals are at all time highs right now and its never a bad idea to lock in some profits at these prices. IMHO. The supreme court push back the ruling on tariffs again and that is a potential curve ball.

 

[BrokenBackJack]

Hang on to it and ride it out.

 

[Maddog]

Hang on to it and ride it out.

This

 

[guywhofishes]

 

[GSM]

It was inherited. Ride it out to what end? Also, I have never dealt in metals. Could I just take this somewhere and sell for weight value? There are so many coins I just haven't went through it all to see if there is anything special or if any may be worth more than silver value.

 

[guywhofishes]

It was inherited. Ride it out to what end? Also, I have never dealt in metals. Could I just take this somewhere and sell for weight value? There are so many coins I just haven't went through it all to see if there is anything special or if any may be worth more than silver value.

Cool - sounds kinda fun.

 

[sweeney]

Are your coins like silver eagles or peace dollars or are they like dimes nickels quarters. If the latter mostly worth just melt value, some coins carry a premium but most bulk buyers dont pay them. I'm going to go around check some prices at places and maybe sell a few pounds Friday or maybe trade out for more gold. Bismarck gold and silver exchange is one place to check and abel gold in mandan(my choice)

 

[Maddog]

It was inherited. Ride it out to what end? Also, I have never dealt in metals. Could I just take this somewhere and sell for weight value? There are so many coins I just haven't went through it all to see if there is anything special or if any may be worth more than silver value.

There may be some great finds in there.
I would give your scrap value for it. (weight)