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Silver Dips Below $20?

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New Member
VintageRacer's Avatar
Romania
26 Posts
 Posted 07/13/2013  09:47 am  Show Profile   Bookmark this reply Add VintageRacer to your friends list Get a Link to this Reply
It's below 20 $ for the weekend... Let's see what happens next week. It's a good buy below 20 $, but premiums and taxes are high :(
Pillar of the Community
traevin's Avatar
United States
1454 Posts
 Posted 07/25/2013  07:08 am  Show Profile   Bookmark this reply Add traevin to your friends list Get a Link to this Reply
Looks like the rally may have been short-lived. I'm hoping the barometer takes an even deeper plunge this go-round :)
New Member
Three's Avatar
United States
13 Posts
 Posted 07/28/2013  12:05 pm  Show Profile   Bookmark this reply Add Three to your friends list Get a Link to this Reply
I had read something about the "August contracts" (Comex?) renewing & that August was a down or "losing" month. The 2nd or 3rd week was mentioned in having some volatility. who knows.
Valued Member
atchisonbj's Avatar
United States
293 Posts
 Posted 07/28/2013  12:23 pm  Show Profile   Bookmark this reply Add atchisonbj to your friends list Get a Link to this Reply
Basebal21 wrote in part " I've really grown to like the Barber coins a lot as well whose markups arent to brutal considering they were made over 100 years ago." That is a great idea and it does work. The catch is on the common date Barber coins those in AG-3 need to be bought as 90%. Let someone else pay that premium (like at your local auction where you are the seller) not you. On the common dates the minimum that's worth the premium over 90% is G-4 with FULL RIMS and NO RIM BUMPS.
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VintageRacer's Avatar
Romania
26 Posts
 Posted 07/30/2013  04:08 am  Show Profile   Bookmark this reply Add VintageRacer to your friends list Get a Link to this Reply
The way it looks now - it might even fall below 19 $. I guess industrial production is lower in the big economies, so silver is falling...
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matthewvincent's Avatar
United States
3486 Posts
 Posted 07/30/2013  07:53 am  Show Profile   Bookmark this reply Add matthewvincent to your friends list Get a Link to this Reply
"On the common dates the minimum that's worth the premium over 90% is G-4 with FULL RIMS and NO RIM BUMPS."

VG is much better for all three denominations. A detailed breakdown:

Dimes - Fine is the minimum. You'll pay a bit of a premium.
Quarters - Fine if it is reasonable [ a premium but best numismatic play ] but very good is doable.
Halves - Here I agree. Halves are prone to rim bumps. Full rim good is doable.

I base this on the fact that years ago the CDN listed GOOD and VG in the same column. Now the two each have a separate column.
Do to historical demands these coins were worn to death and relatively few remain in the mid grades.
But if keeping as close to 90% is important my opinion works.

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