/biz/ - Business & Finance

Is it worth selling coins I paid a very high premium on now and re-investing the money, or just continue to sit on them?

When I first started back in 2018 I was more a coin collector than stacker and didn't know what I was doing. I assume the Royal Mint was a great place to start and as you can see from pic related, I paid some very hefty premiums. I started stacking properly about 3 years ago, making sure to only buy at spot or a maximum of 5% over.

Checking the coins on eBay, some will either sell for the price I bought them at or slightly lower. With the majority of them being of the Queen, I suspect their collector value will go up over the years.

>>58769903
Platinum and Palladium are truly meme metals, their value hasn't changed in the past 50 odd years really and their industrial use isn't as wide-spread as gold and silver.
>>58770123
That would be true if you were talking about moving bars weighing 100kg+ each. Moving 20kg of silver isn't difficult.
>>58770042
I started off as a collector and not a stacker so my initial purchase had a very high premium on them. Now I buy 0.925 for it's melt value. I have a few sellers on eBay that I'll set my maximum as spot and that usually gets me 5-20oz a week.