Silver Pricing Do I Not Understand?

"If you are holding 90% as an investment, you must understand that when you try and cash it in, someone has to have it melted and refined. An ASE is already there and can be bought and sold in hand!"


I have to disagree, silver is silver and 90% is better then pure silver any day. It doesn't have to be melted down its still silver regardless, but if we go to 35% or 40% silver then your talking about a big chunk profit loss as less people want them as that truly takes up way more space then 90% or pure silver. I have traded/sold almost all my pure silver for 90% and it doesn't take up that much space plus there is a little history in them and not just common silver rounds. I dont know the exact number but I think it was 30 million ASE produced last year and I will take the 1 million mintage bear or wolf over these. Does it make more sense to spend $3-5 over melt vs buying most silver 90% for spot or less and at the current price of silver I think I would rather pay $3-6 over spot an oz for the ATB 5 ozers then the common ASE.

I did the trade with you for the gold for those and I had no problem selling them for around spot in a few days, you just need an out let or a place you know you can sell them. I have 2 regular buyers from me that will buy any silver or gold from me when I have anything I'm willing to sell. Another thing to consider if silver falls you loose more money as you put more money into it paying over spot

I agree with that, BiggFredd, when one is talking about experienced buyers. Today's market, however, has quite a few new buyers coming in that do not yet know the difference. Many of them have stars in their eyes from the recent silver price run-up and are willing to pay $5-8 over spot, particularly for the ASEs. They WILL learn, though.

I also suppose dealers have a bigger overhead compared to ebayers that just sell from their home. I'm lucky the one we have in my city has been around for a while and is also quite fair with his pricing.