My father’s advice about selling the silver coins was good at the time.
Silver was at $50 per ounce in 1980. The Hunt brothers of Texas has cornered the market, then it all came crashing down and nearly took the stock market with it. Congressional hearings followed (of course).
I sold the coins just before the price per ounce came crashing down. It was nice to sell at the top of the market.
Silver took 45 years to get back to $50 an ounce and beyond.
Your dad was smart. I have been buying silver in the $15-30 range for the past 15 years or so. It’s finally paying off. Do I sell now or wait for 100? Who knows?