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 Replies: 35 / Views: 15,664 |
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Pillar of the Community
United States
2233 Posts |
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Pillar of the Community
United States
1026 Posts |
Having witnessed the bifurcation of the price of silver into the paper spot price and the physical price, I'm going to be curious to see what happens as the spot price climbs (which it seems to be doing). Will the physical price climb or will the two merge back into one? It will be interesting to see.  |
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Valued Member
United States
314 Posts |
With gold coins at least, supply seems to be a bit looser as the big dealers now have inventory to sell at only(!) a $100/oz premium. It wasn't but a few days ago it was routinely +$150 to +$200/oz.
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Valued Member
United States
314 Posts |
Jewelry stores here in Southern California are opening up. Premiums to spot gold are a little more reasonable versus ebay and the big online sellers. With spot at $1725, offer for 1 oz krugerrand was $1785. |
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Pillar of the Community
United States
7276 Posts |
My LCS is down to 14X face, down from 15X a few days ago. Still higher than 12/13X face pre covid. (constitutional silver)
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Pillar of the Community
 United States
8938 Posts |
I dunno. The other day I was successfully selling 90% halves at 12.50 each. Premiums are still up
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Pillar of the Community
 Canada
5394 Posts |
We are easily getting USD 25 to 26 for Maples .
Still difficult to acquire physical ! Our wholesaler
is short and deliveries are 6 to 7 weeks .
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Valued Member
United States
419 Posts |
I much prefer older silver real coins over modern 1 oz. bullion pieces. Foreign coins often sell for just a small premium over melt. I have a few rolls ($10 face) of circulated Walking Liberty halves that I would sell for $200 each. |
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Pillar of the Community
United States
2637 Posts |
Quote:
I much prefer older silver real coins over modern 1 oz. bullion pieces LCS has about 6 ounces ASW of Egyptian 10 and 5 piastres (1916/7 and late 30s) and 1970 pounds that they are selling me at spot. |
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Valued Member
United States
419 Posts |
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LCS has about 6 ounces ASW of Egyptian 10 and 5 piastres (1916/7 and late 30s) and 1970 pounds that they are selling me at spot. I didn't know what LCS was so I googled it. Local Coin Swap is the first thing that came up. Oooo - a new coin place - I'm all ready to dive in. Turns out they deal in Bit Coins!! I know zip about "crypto" currency and ain't to fond of fiat paper money. Gives me them thar gold doubloons and pieces o' eight any day. LCS = local coin shop ? |
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Pillar of the Community
United States
533 Posts |
I just paid $4 over spot ($17.29) for about 360 eagles. Seems a little pricey but the way they are printing that paper stuff I don't see prices dropping anytime soon
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Pillar of the Community
United States
4333 Posts |
Quote:
I just paid $4 over spot ($17.29) for about 360 eagles. Seems a little pricey but the way they are printing that paper stuff I don't see prices dropping anytime soon Considering that the average premium in that quantity is $7, (popular online vendors) your deal wasn't pricey, but a steal! When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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Pillar of the Community
United States
533 Posts |
"LCS = local coin shop ?" = yes local coin store
"Considering that the average premium in that quantity is $7, (popular online vendors) your deal wasn't pricey, but a steal!"
:)
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Pillar of the Community
United States
3843 Posts |
Are premiums starting to drop now? Saw some silver 1 ounce bars at an estate auction sell for $20 a piece yesterday.
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Pillar of the Community
Canada
2019 Posts |
As long as the demand is high, Premiums wont drop much if at all.
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Replies: 35 / Views: 15,664 |
First Page
Posted 04/12/2020 8:33 pm
