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 Replies: 101 / Views: 15,558 |
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Valued Member
United States
271 Posts |
It's 26.30 today, this is the lowest I've in quite some time. It's a shame coin prices aren't falling.
*** Moved by Staff to a more appropriate forum. ***
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Pillar of the Community
United States
3486 Posts |
Apples and oranges, jsbruton.
Coin collectors, for the most part, do not pay much attention to fluctuations in the price of silver. I do not.
Silver stackers are glued to their iPODS and such. I doubt that I check the price of silver more than once every two to three weeks.
They are two very different disciplines.
If YOU can find a correlation, we would ALL welcome your discovery!
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Bedrock of the Community
13014 Posts |
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It's a shame coin prices aren't falling. It all depends on the coin and where you look. Places with live price the bullion is falling, ebay seller arent going to adjust their listings with every move though. Then for high premium numismatic coins the bullion value never meant much to their price anyway so it doesn't change anything for them |
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Bedrock of the Community
United States
20753 Posts |
My prediction is Silver will drop to about $7/Ounce someday, somewhere, maybe. OR it will go up again from where it's at now. OR it may stay the same.
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Rest in Peace
United States
2668 Posts |
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Valued Member
United States
178 Posts |
$ 25,80 = 1 oz silver ....right now.... wow ... buy time ? .... :)
Edited by Airw0lf
04/12/2013 6:52 pm
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Pillar of the Community
Canada
2805 Posts |
I hope the bottom falls out of the market! But that's just out of a selfish desire to finally get a bunch of different silver bullion coins for a low price. On the other hand, it's now dropped about $2 in 24 hours, which is shocking.
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Pillar of the Community
Canada
2781 Posts |
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get a bunch of different silver bullion coins for a low price when bullion prices drop dealers charge you for the 'collectability' of the coin, when it goes up you pay a premium for the silver content. either way you are going to pay |
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Valued Member
United States
197 Posts |
When this question was posed in this forum about a year ago I predicted around $24, based on my evaluation of the chart, and even I thought that sounded excessively bearish. Now I wonder if it was optimistic.
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Valued Member
United States
59 Posts |
Good time to fill some holes in my collection at a lower cost. My Quarter collections could use some fillers.
May wait until it goes down some more. A place I buy a lot of my coins will lower the price on inventory matching the market, so when silver is down I can get some nice pick ups (which they call junk).
Thanks Biged
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Pillar of the Community
2087 Posts |
The drop in silver in gold reminds me of the 1980s drop.
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Pillar of the Community
United States
3283 Posts |
The lower the better, I would love an opportunity to work on my Washington quarter set at low melt prices. I may need to hold off on my plans to buy a key IHC and spend some time on my lame Washington set. |
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Bedrock of the Community
United States
17884 Posts |
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The drop in silver in gold reminds me of the 1980s drop. No this is nothing like the drop back then. Back then silver went from $50 an oz on Jan 21 to around $30 in three days (A loss of 40%. By Mar 27 it was down to $10 an 80% loss). Gold went from $850 on Jan 21 to $624 on Jan 28 (a 26% drop in one week)and then dropped another hundred over the next month hitting a low for the year of $481.50 on March 18, an overall 44% loss. |
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Valued Member
United States
240 Posts |
Hopefull super low so I can buy coins and finish sets!
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Pillar of the Community
United States
4333 Posts |
Good luck buying low, the premiums including that of junk 90% is staying up there. Stackers are reluctant to sell.
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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Pillar of the Community
United States
624 Posts |
If the price of commodities were predictable, investing would be a no-brainer. Personally, I'm a buy high, sell low guy; not because I want to be, that's just the way it works out...
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Replies: 101 / Views: 15,558 |
Posted 04/12/2013 2:58 pm
