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Yea, I would never let my nifc hurt my bankroll. Why would you save thousands of them? The idea is to sell them.I used to save NIFC's then I had thousands, cashed them in and turned the capital into more boxes and never looked back.
Easy said:Yea, I would never let my nifc hurt my bankroll. Why would you save thousands of them? The idea is to sell them.
Probably for the same reason you are able to sell them, potential collector value. When I restrategized my half hunting and found silver veins again, I needed the extra cash to buy more boxes each week and that is why I got rid of them. The silver I find is much more valuable than nifcs will ever be. I would try to sell them, but I don't have the time for minimal profits so I throw them back along with proofs. I figure I will let the kids and newbies get those since I have been blessed with being able to cull a fair amount of silver the last couple years.
Easy said:Yea, trying to hang on to them for a long time to increase value I think is the wrong play. I think they will eventually be worth quite a bit it would take way to much time and if its affecting bankroll that's a super duper no no. Lol
As far as minimal profits... To each his own. If your really cleaning up on silver I get it. But for most of us that average one silver a box. Lets say I pull 10 nifc ? That's an extra 5 bucks profit bumping my average to 5 bucks silver to 5 bucks silver and 5 bucks cash to buy silver with....
I'm actually glad most don't care about small profits.., because then there would be none for me to make !
BlackOut said:Agree completely. If I wasn't having the success I am, I would look into it as well because it all helps in the end. When I started crhing last year it was slim pickins for me, but luckily I made the right changes that have netted me some nice finds. Persistence is key in this hobby.
Easy said:Yea every time I pull a crappy clad commemorative. I slap it on the bay and it sells overnight. A couple days and a couple double clicks later some 90% silver dimes show up in my mailbox!
Good way to still score cheap silver without finding it in rolls. Sounds like it is working well for you. What is the largest lot of nifcs you have sold? If I was able to sell a few hundred at a time for a decent profit, then that would be worth it.
Easy said:I dont want to get into details. I dont need any competition if you know what i mean.
I dont want to get into details. I dont need any competition if you know what i mean.