Sell 1921 Morgan Silver Dollars to Invest in T206 Card?

[Exhibitman]

I traded cards for silver in 2012. Not a great move, though not a loss either since the cards i traded for the coins were acquired at a very low cost.

[Peter_Spaeth]

Unless I am missing something, and I don't mean this in a condescending way at all, we are not talking a lot of money here, so rather than thinking of this as an investment I would just decide which you like better and go with that. Nobody here can predict the future anyhow. I am sure there is a wide range of opinion, for example, where the silver market is headed, and half of them are going to be wrong.

[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.

[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?

[Aquarian Sports Cards]

Originally Posted by Peter_Spaeth

Unless I am missing something, and I don't mean this in a condescending way at all, we are not talking a lot of money here, so rather than thinking of this as an investment I would just decide which you like better and go with that. Nobody here can predict the future anyhow. I am sure there is a wide range of opinion, for example, where the silver market is headed, and half of them are going to be wrong.

Only if the opinions are evenly split