Mark-Up On Silver Eagles? - Coin Community Forum

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Author	Replies: 4 / Views: 3,061
spaceace Pillar of the Community United States 797 Posts	Posted 05/04/2011 9:03 pm When oonsidering the spot price, what is the typical mark-up or premium on silver eagles? I need to get one for my 7070 type set and I have never bought one before and I plan on this being my only one so I wanted to know what I should expect. It is a buck or 2 or usually a percentage over spot? Thanks for the help. Report this Post to the Staff

Fuzzy317 Moderator United States 14463 Posts	Posted 05/04/2011 9:09 pm my advice is to shop around. Most of my shopping is online, and prices can span from a few dollars over spot, to much more. Some sites are $46, some are $65. Of course that depends on if they are slabbed or not, unc or proof, and the quality. Also various years are priced higher. Edited by Fuzzy317 05/04/2011 9:10 pm Report this Post to the Staff
BH1964 Bedrock of the Community United States 10982 Posts	Posted 05/04/2011 11:58 pm $5 over spot is normal but things have been anything but normal lately when it comes to silver. If you could find one for $45, that's a good price right now. ANA #R3154474 Report this Post to the Staff
spaceace Pillar of the Community United States 797 Posts	Posted 05/05/2011 08:09 am Thanks for the advice. I am planning on just getting a "generic" raw one. Nothing from a year that commands an extra premium, no slab, no proof, just a coin for my type set. I thought I remember one dealer selling them for spot plus $2 on silver eagles but wasn't sure. I think that same dealer maybe did spot plus 10% on his "junk" silver. I might need to pay him a visit...especially with silver still dropping in price. Report this Post to the Staff
Conder101 Bedrock of the Community United States 17884 Posts	Posted 05/05/2011 12:52 pm Consider this, the distributor who buys eagles from the Mint has to pay $2 over spot to get them Report this Post to the Staff
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