Ebay Prices For US "junk" Silver...$10 Premium!

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Author	Replies: 22 / Views: 3,132	Page: of 2

stud722 Pillar of the Community United States 1088 Posts	Posted 04/25/2013 1:17 pm I haven't seen any "junk" silver in the area. 90% was the first to go around here. Report this Post to the Staff
havanacoins Valued Member United States 214 Posts	Posted 04/25/2013 2:58 pm So why would all the 90% be sold out/first over ASE or other coins? Isn't that usually a higher price over spot? Report this Post to the Staff
stud722 Pillar of the Community United States 1088 Posts	Posted 04/25/2013 9:03 pm ASE or other coins that are printed by a government mint usually hold some premium and sell at higher prices. 90% or junk silver sells cheaper for the most part around here. it also allows collectors to complete sets with lower grade coins. 90% was going for 22 times face for a while, not sure what it ended at around here but my guess would be 18-20 times face. Report this Post to the Staff
basebal21 Bedrock of the Community 13014 Posts	Posted 04/25/2013 9:09 pm Quote: So why would all the 90% be sold out/first over ASE or other coins? Anything is possible in a local market. ASEs and everything else are still made and restocked constantly with 90 percent silver no longer being produced someone has to come in and sell to get more which in a small market may not happen often Report this Post to the Staff
havanacoins Valued Member United States 214 Posts	Posted 04/25/2013 10:49 pm Thanks =) - I'm new the coin hobby.. Report this Post to the Staff
basebal21 Bedrock of the Community 13014 Posts	Posted 04/25/2013 11:00 pm The other thing too is a lot of the old silver coins sit in albums in various circulated condition. Some people do circulated albums or roll hunt for it ect. So even though its only value may be bullion it doesn't necessarily just get treated as such Report this Post to the Staff
miggs Valued Member Canada 281 Posts	Posted 04/26/2013 01:55 am Quote: So why would all the 90% be sold out/first over ASE or other coins? They were cheaper before now Easy recognizable Hard to counterfeit And in a Mad Max world, allot easier to barter than a big butt kilo coin Report this Post to the Staff
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