Silver Prices & High Premium Coins - Coin Community Forum

To participate in the forum you must log in or register.

Author	Replies: 6 / Views: 1,229
colu41 Valued Member United States 376 Posts	Posted 09/07/2012 11:59 pm When I started collecting a few months back silver was hovering around $26-$27 an ounce. I did a lot of ebay research to see what everything was selling for, and got very good with average prices. Now that silver is $33+ an ounce, those premiums people were paying on; Morgans, Peaces`, Britannias, Pamp bars etc, that $5 to $7 jump since hasn't really increased these premiums. (Online) that is. I've always seen random date Morgans sell for $29-$35 even when silver was at $27. Now it's $33, I watched several Morgans today sell for $28-$29. Is this normal? When to a point will premiums just vanish? That's how I see it at least. I try to stay away from high premium coins and bars. (Like the 1 oz Pamp I ordered last week) What do you think? Report this Post to the Staff

sel_69l Bedrock of the Community Australia 21788 Posts	Posted 09/08/2012 12:06 am If you can stay away from PM lots that are less than one ounce, where the premiums are higher. OK to buy 90% in bulk, but the premium has to reflect the fact that it is a bulk lot that you are buying. Report this Post to the Staff
basebal21 Bedrock of the Community 13014 Posts	Posted 09/08/2012 12:09 am Itll be normal the first couple days especially on ebay since sellers cant revise prices on things with a bid or for the last 12 hours. If it stays there in a day or two new listings should reflect the price change. But also remember that morgans and Peace dollars dont have a full ounce of silver in them either for the common date bullion ones Report this Post to the Staff
colu41 Valued Member United States 376 Posts	Posted 09/08/2012 12:16 am I understand the Silver Dollars aren't 1 full oz. I was just referring to what they were selling for before, compared to now. I'll just have to watch the prices online for the next week or so and see what kind of changes there will be. Report this Post to the Staff
basebal21 Bedrock of the Community 13014 Posts	Posted 09/08/2012 12:29 am Youd think theyd go up with the change, but the 90% coins seem to be the slowest to reflect changes. Sometimes with ebay too it can be a little misleading as things will go for different prices on different nights. I've noticed things ending on friday nights have the lowest prices and saturday is pretty bad too, too many people out late. Report this Post to the Staff
BH1964 Bedrock of the Community United States 10982 Posts	Posted 09/08/2012 12:34 am Quote: Now it's $33, I watched several Morgans today sell for $28-$29. You won't be finding undamaged Morgans on ebay for that price much longer. Silver looks to be headed for $35 next week and common, circulated Morgans will be pushing well past $30 if it does. ANA #R3154474 Report this Post to the Staff
colu41 Valued Member United States 376 Posts	Posted 09/08/2012 11:40 am I'm excited to see what happens! Report this Post to the Staff
	Replies: 6 / Views: 1,229

To participate in the forum you must log in or register.

All Forums Category: General Numismatic Forums Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum

Silver Gold Bull US is the United States leading bullion dealer. We deliver gold coins, gold bars, silver coins, silver bars and precious metals to your door. Order today!

The First Dollar, your premier source for bullion and rare coins. See our bullion list on the site and the coin inventory on ebay.

View Last 100 New Topics

View Last 100 Active Topics

Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us | Advertise Here | Privacy Policy / Terms of Use

Coin Community Forum

It took 0.24 seconds to rattle this change.