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Silver Eagles

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Author Previous TopicReplies: 9 / Views: 1,295Next Topic  
Valued Member
1954siel's Avatar
United States
77 Posts
 Posted 07/06/2008  4:05 pm Show Profile   Bookmark this topic Add 1954siel to your friends list Get a Link to this Message Number of Subscribers
Is $20.00 a troy ounce a good price to get a Silver Eagle? I know the market price is at 18 something, but I can never remember how high the spot price is above the market price?
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Metalman's Avatar
United States
7123 Posts
 Posted 07/06/2008  4:27 pm  Show Profile   Bookmark this reply Add Metalman to your friends list Get a Link to this Reply
I would buy as many as I could for less than 2 dollars over spot .

The local coin shop here is at 24.50 right now .
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Amazon99's Avatar
United States
2443 Posts
 Posted 07/06/2008  4:59 pm  Show Profile   Bookmark this reply Add Amazon99 to your friends list Get a Link to this Reply
I think it is.
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neversuited1's Avatar
United States
1121 Posts
 Posted 07/06/2008  5:21 pm  Show Profile   Bookmark this reply Add neversuited1 to your friends list Get a Link to this Reply
Depends if you are buy 1 or 1,000 Silver Eagles. If you are buying a few $20 is a very fair price. If you are buying a thousand, I still think $20 is relatively fair. I might wait and see what the market does. This coin's value is greatly dependent upon spot silver pricing.
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kenny_1745's Avatar
United States
239 Posts
 Posted 07/06/2008  5:42 pm  Show Profile   Bookmark this reply Add kenny_1745 to your friends list Get a Link to this Reply
I would consider that a fair price, especially since the mint sells them to distributors at $1.50 over spot.
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mfhorn's Avatar
United States
959 Posts
 Posted 07/06/2008  9:52 pm  Show Profile   Bookmark this reply Add mfhorn to your friends list Get a Link to this Reply
bulliondirect.com was at 19.98 per coin at 8:45 CT. Spot was at a little over 18.00.
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Gary Burke's Avatar
United States
3730 Posts
 Posted 07/07/2008  01:30 am  Show Profile   Bookmark this reply Add Gary Burke to your friends list Get a Link to this Reply
I paid $20 for one last week.
New Member
Wiz's Avatar
United States
5 Posts
 Posted 07/07/2008  10:42 am  Show Profile   Bookmark this reply Add Wiz to your friends list Get a Link to this Reply
I bought ten last week here in Denver and paid 21.85....$20.00 sounds pretty darn good !!
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eaglefoot's Avatar
United States
6326 Posts
 Posted 07/07/2008  11:44 am  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply
New Member
United States
8 Posts
 Posted 07/09/2008  5:49 pm  Show Profile   Bookmark this reply Add metallbarren to your friends list Get a Link to this Reply
With silver at $18.10 I would consider anything under $20 a steal for a small quantity order.
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