Is this a good time to sell silver coins?

Answer 1

With the economy in a slump all over the world it is a great time to buy gold. In history, gold, is the one material where the cost has not dropped. If you had bought one ounce of gold 40 years ago it would have went up in value by 5 times it's original price.

A lagging economy creates opportunity for investors in most any commodity. Gold is a good investment, depending on your investment goals, as it is not as volatile as the stock markets and tends to be more stable than most commodities.

Answer 2

It depends on what type of gold coins you have. If you have mostly bullion coins, we have fairly high gold prices in US dollars (about $1600) but a few months ago we had gold at $1800. These high prices though have depressed the price of most numismatic gold, meaning that if you have collector coins (early gold, or high grade specimens) their price over their gold value is low right now.

Answer 3

silver will drop charply ,i will sell as much silver i can today ,no sense going so high gold cost while minning 420 dollars today its 1415 dollare its timeto sell