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Silver Value Went Up

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Valued Member

Malta
68 Posts
 Posted 09/13/2020  11:45 am Show Profile   Bookmark this topic Add rexlucky to your friends list Get a Link to this Message Number of Subscribers
Hello

Should the silver coins go more higher VF,XF, etc etc if so how much?

Thanks
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ryurazu's Avatar
Australia
1333 Posts
 Posted 09/15/2020  7:23 pm  Show Profile   Bookmark this reply Add ryurazu to your friends list Get a Link to this Reply
do you mean premiums, I don't think they move much. Apart from some of the American silver eagles (bullion coins)
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sel_69l's Avatar
Australia
21786 Posts
 Posted 09/15/2020  7:50 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
The bullion price of silver has risen by approximately 50% in recent times. One of the reasons for that is increased use of silver in the manufacture of solar panels

Doesn't what metal a coin is made of,
the fact is that prices of coins, which includes all silver coins, rises exponentially with condition.
Except for silver bullion coins.

A numismatic silver coin has two value components:
1. the current silver of the coin
2. the numismatic value of the coin, less it's silver value.
In very general terms, both of these component values are added together to determine the value of a numismatic silver coin.
Edited by sel_69l
09/15/2020 8:15 pm
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