Sell 1921 Morgan Silver Dollars to Invest in T206 Card?

[barrysloate]

1921 Morgans are the most common date by far, and not popular with collectors. And silver has been trading at around $14-15 an ounce for a long time. Precious metals have been selling with just minor movement for years, even in a crisis. Something is clearly different although I can't explain what that is. I would cash in the dollars and buy some baseball cards. Shouldn't be much downside.

[steve B]

Originally Posted by barrysloate

1921 Morgans are the most common date by far, and not popular with collectors. And silver has been trading at around $14-15 an ounce for a long time. Precious metals have been selling with just minor movement for years, even in a crisis. Something is clearly different although I can't explain what that is. I would cash in the dollars and buy some baseball cards. Shouldn't be much downside.

That's the thing right there. It used to be that a crisis or governmental uncertainty drove people to metals. I haven't really tracked it, but I also haven't seen much news about it either. When I was into coins I paid attention, and I know Barry collects pretty seriously.

The advice to decide which you like better is sound, if you like the stuff, even if it goes to zero you at least still have something you like.

[Exhibitman]

I got a silver coin in change today. Haven't had that happen in years. But I digress.

[barrysloate]

Originally Posted by Exhibitman

I got a silver coin in change today. Haven't had that happen in years. But I digress.

A few months ago my wife found a buffalo nickel in her change. That was stunning, as I haven't seen them circulating for several decades.

[ksfarmboy]

Originally Posted by barrysloate

A few months ago my wife found a buffalo nickel in her change. That was stunning, as I haven't seen them circulating for several decades.

Barry, did you get my pm on that 1823 large cent? I had a question for you?

As to the original question, I traded some silver for a baseball photo and am
pleased I did. If baseball cards make you happy go for it.

[barrysloate]

No Clint, I didn't. If you email me at bsloate@verizon.net I would be happy to help you.

[Leon]

Originally Posted by barrysloate

A few months ago my wife found a buffalo nickel in her change. That was stunning, as I haven't seen them circulating for several decades.

I received this in change a few weeks ago. Silver is making a comeback in our change!

Silver for cards, why not?

[barrysloate]

That's a good one Leon. Most people don't know that wartime nickels were part silver.

[Fuddjcal]

If you feel the need, go AHEAD!!!!!

I always say that when I buy something like cards, Im gonna use Gold, Silver or Cash???

Then when it comes right down to it, I don't want to spend my gold, silver or Cash. I like to Hoard it , I guess

Have you ever tried to pay for a 75K car in 100 bills? I though about it but in the end couldn't pull the trigger. Didn't mean I didn't buy the car though I really like Cars. They are not FAKE!

Originally Posted by Leon

I received this in change a few weeks ago. Silver is making a comeback in our change!

Silver for cards, why not?

I got this Gold backed Fed Note in the 1980's when I cashed my check sorry for the off topic

[Brian Van Horn]

My two cents: