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That all depends on the tone and purpose of the letter.

Some common closings for formal letters are:
Sincerely,
Respectfully,
With regards,

Personal letters may want to use:
Sincerely yours,
Love,
Your friend,
Your loving _________,
======================

How about:
I remain, your most humble, loyal and obedient servant, etc., etc..

But I prefer, for business letters simply:
Yours truly,
Yours very truly,

And by the way, again for business letters, I prefer to begin each letter with a 'Re:' line, referencing the matter about which I am writing in a few words. I also prefer to introduce the body of each letter with a one- or two-sentence paragraph clearly and succinctly outlining the reason for my letter.
===========================

My favorite is:
All The Best,

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Q: What are good closing salutations for letters?
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