My first silver flips

As I am stuck in Germany for quite some months now I used the time to flip some of my silver.

I have posted some time ago that the "Black Flag Queens Anne`s Revenge" my first coin was I went into heavy with the intention to flip and to hopefully end up with a free roll.

It worked out well, but it also took longer than I thought. While it was a bit annoying sometimes it was also a lot of fun and quite the learning experience.

Some coins were sold pretty easy while on others I still sit on.

While pure BU silver was selling like crazy in the madness of the corona fear, semi-numistatics where a bit harder to sell.

Which is understandable the people wanted as much silver for their money as they could get and the premium can be pretty high.

But when everything was cooling off a bit the people were buying some collector pieces again. Also the second release of the Black Flag series was around the corner and looked great which I assume helped a lot.

The second release of the Black Flag was quite the mess for flippers though.

The 1 oz was "sold out" pretty quickly just to appear again in the shops but of course with a higher price.

The 5 oz was very expensive at the start already and make it a very risky flip imo but I could not resist and bought some 5 oz.

I was a bit surprised that this coin I was sure will do well were is still sitting in my stack but I guess that is part of the game to be wrong.

I hope the second coin of the series will bring more attention to it and therefore an easier time selling it or I will have to wait till the silver spot price rises.

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Overall flipping is a nice way to spice up the stacking hobby and if you are right you can add some ounces "for free" to the stack if you are wrong...well then you overpaid.

So it is a bit like playing the lottery but the ticket does not become worthless after playing. So depending on the premium it is a risk I am willing to take.

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