1/10 Ounce Prospector Rounds (Engelhard)

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Author	Replies: 4 / Views: 1,599
Henry2 Valued Member United States 106 Posts	Posted 12/24/2012 7:21 pm Is this a fluke or are these things really going for this much? A tube of 50 went for over $700 last month on ebay. Man I'm really kicking myself for not buying more of these when I had the chance. I own a few of these but I don't know if I should hold them or sell if the market is this hot? What would you guys do? Report this Post to the Staff

Fat Freddy Pillar of the Community United States 1200 Posts	Posted 12/24/2012 7:51 pm They're beloved of some very specifically focused, dedicated collectors, and they do comand the prices that they command, but... Selling what you have of these right now while silver spot is down to a four-month low is probably not what I'd suggest. I'd ride it out with them until spot gets back up--even if that's almost forever. After all--from what you said, you're not sitting on a mountain of them. Under any circumstance, it's going to be your choice. Best of luck with whatever you choose to do. Edited by Fat Freddy 12/24/2012 7:58 pm Report this Post to the Staff
tripncoins Pillar of the Community United States 648 Posts	Posted 12/24/2012 7:55 pm As much as I like Engelhard, I never have spent $ on fractional silver no matter who the brand (E/JM)- perhaps if you plan to buy low and flip quick for cheaper bullion (while keeping a few) then yes. But I just can't justify paying the premium on those tiny pieces. Beauty is in the eye of the stacker. Good luck. Report this Post to the Staff
amida17 Pillar of the Community United States 4897 Posts	Posted 12/24/2012 8:03 pm They were only made in 1985. I have a couple sets of the four (1/10,1/25,1/2 and 1ozt) they do command quite the premium. Report this Post to the Staff
Henry2 Valued Member United States 106 Posts	Posted 12/24/2012 8:08 pm Well I own a roll and a couple loose ones, I think I paid around $200 for the roll and that was when silver was closing in around $40. I'm just amazed how much of a premium these little pieces have at the moment, crazy stuff hehe. Report this Post to the Staff
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