Silver Prices - Page 2 - Coin Community Forum

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Author	Replies: 18 / Views: 2,814	Page: of 2

bekiz Pillar of the Community Japan 666 Posts	Posted 06/21/2013 10:02 pm Quote: If the U.S. economy continues to improve, ... is it a joke? LOL it should be "when" not "if" and skip "continues" as it haven't improved for last 5 years. IMHO :) Report this Post to the Staff
barryg Pillar of the Community United States 5855 Posts	Posted 06/21/2013 10:26 pm Quote: It is a collectible item, limited edition to like 8,000 for the Koi, don't remember number for the Fortuna Redux. 2500 for the Fortuna Redux. Quote: I guess this could be said for any numismatic coin, right? Exactly. Which is why we need to distinguish between nusmismatic purchases and PM purchases when talking about buying opportunities due to PM prices rising or falling. I would love to buy some BU Morgan dollars in bulk, for example, but they just don't seem to go much below $50, regardless of how far silver drops. Report this Post to the Staff
traevin Pillar of the Community United States 1454 Posts	Posted 06/22/2013 10:53 am Some, perhaps not all, numis do change with the tide of spot price movements. I can attest to that, having very closely followed proof values over the last 5 years. It takes a much greater price diversion over a markedly longer time frame to notice the changes vs. bullion but I've seen perhaps a 20% price drop in the limited release proofs I tend to collect over the last 6 months or so. Those figures can't compete with the beating bullion is taking, but the price difference is reflected in the recent PM losses, nonetheless. Report this Post to the Staff
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