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Replies: 842 / Views: 95,966 |
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Moderator
 United States
188488 Posts |
Quote: Majestic Silver posts that the current ratio of silver to gold coming out of the ground is 7:1. 
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Bedrock of the Community
United States
36745 Posts |
90% melts today at 47.75x face.
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Moderator
 United States
188488 Posts |
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Bedrock of the Community
United States
36745 Posts |
90% melts today at 48.4x face.
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Bedrock of the Community
United States
11888 Posts |
Made a few purchases today: 138 BU common date Peace dollars @$52 each or 52x face value. 12 BU 1921 Morgan dollars @$52 each or 52x face value. 32 BU common date pre-1921 Morgan dollars @$57 each or 57x face value. Silver is at $67.32/oz today and the melt value of junk/cull Morgan and Peace dollars is $52.02. Premiums are $0 for better condition common silver dollars and may be negative for those who want to squeeze their dealers. I chose to maintain a good relationship with mine. 
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com
Edited by numismatic student 12/19/2025 3:33 pm
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Pillar of the Community
 United States
8750 Posts |
Those are some beautiful stacks, numismatic student!
-makecents-
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Pillar of the Community
United States
2233 Posts |
That's almost 10 grand in silver.
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Pillar of the Community
United States
2232 Posts |
Good prices and stack 
Edited by livingwater 12/20/2025 08:46 am
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Pillar of the Community
United States
1309 Posts |
I walked into my LCS yesterday a.m., and they were paying 35x face. They had folks lined up.
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Bedrock of the Community
United States
36745 Posts |
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Bedrock of the Community
United States
36745 Posts |
Quote: I walked into my LCS yesterday a.m., and they were paying 35x face. They had folks lined up. Were they lined up to sell or buy?
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Valued Member
United States
455 Posts |
Quote: Were they lined up to sell or buy? That was going to be my question as well!
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Bedrock of the Community
United States
11888 Posts |
Thanks to all for your kind comments.
Given that the prior poster gave the price the shop was paying to sellers to buy their silver and not the price at which the shop was selling silver to buyers, I think it is safe to assume that it was a number of sellers that were lined up to sell their silver at 35x face.
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com
Edited by numismatic student 12/20/2025 10:13 pm
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Pillar of the Community
United States
1309 Posts |
My bad, they were selling.
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Moderator
 United States
188488 Posts |
Quote: Made a few purchases today: Excellent! 
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Replies: 842 / Views: 95,966 |