What Were Silver Coin Prices Like 15 Years Ago?

I used a 2001 Red Book until just a few years ago. The prices are lower, but not as low as one would think. It is also worth noting that the 2007-09 recession took its toll on the value of the USD. They have done a good job of hiding it, but $5 went a lot further in 2001 than in 2016.

I did not actively collect back then, but I do have two 2004 ASE's. My parents took me to some car dealership's promotional event once every six months, and twice they were giving them away to everyone who came to look at the cars. They had at least a couple hundred. No way they could have afforded that unless they were going for a few bucks each.

I bought a roll of Walking Liberty halves for around $60 back then

I was buying halves and dollars back then and for the life of me I can't remember what they cost. I can remember when I got into jags of better date walkers though. I still have a 1919-D and 1917 S & D obverse that I got for melt. Grade G-VG, so nothing great, but finding them was more amazing than the price. I think at that time dealers just dumped Whitman albums when they came in rather than sort the coins into flips.

I was looking back at posts from when I first joined ccf like 2 years ago and $23-25 per ASE was considered a great deal.....

I don't have much skin in the silver stacking game compared to others (but who likes to see anything depreciate in value), if spot price was $5 in 2000 (haven't looked it up) with inflation it would be close to $7 now.. So hopefully we won't get below the "$5" of 15 year ago... Every year has a 52 week high and low.. Hopefully we'll all still be around when the lows are in January every year and then we'll see who's still holding after the next bubble pops and kicking for not selling. The demand in the ASE (and silver coins) is just so rapidly growing that there is no reason to lower the premiums if supply = demand, even with silver going down and down... If hypothetically silver blows back up to $50 an oz, I'd be surprised if the backside of selling premiums are going to destroy profits bc there are so many new stackers each year that will be running to dump/cash in.

I personally would LOVE to see silver go to $5 dollars an oz. IF that happens, I am going to crazy buying everything I can find on my watch list.

I say "IF" because I have no idea if we retrace back to that price. The only thing I do know for a fact tho is that silver prices have a huge bias to the downside as they have shown no evidence of wanting to find even a floor.

Gold at 300 an oz also will make me open up the account to buying more gold coins.

I have a longggggggg watch list and I will not be buying as I was for my collection until there is some sort of resolution. Until either we find a floor OR prices move higher and stay higher I am NOT buying much and I will spend much of my hobby time making wish/watch lists.

At 5 dollars an oz, I feel horrible for everyone who has been a steady stacker as they will remain underwater for probably a good portion of their lifetime, which is very sad. However, that is how markets are when one does not know where to buy.