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Posted 01/23/2025 7:27 pm
GLB49 wrote:
I came across an October 2010 "Coin Update News" article entitled "US Mint Raises Premiums for American Silver Eagles" which announced the premium charged to authorized purchasers would go up from $1.50 to $2.00 per coin. [ Spot price of silver + premium ]. The article included this factoid:
The average closing price of silver in 2010 was $20.21 per ounce, with a low of $14.65. Silver closed at $30.90 on 12/31/2010.
Per PCGS:
Quote:
Billy I'm not sure where you could find original selling prices for ASE bullion coins. I've only been collecting silver coins for a few years so I had to work backwards to complete sets. I had to pay more recent prices for older coins so my Excel lists do not have original prices.
Billy I'm not sure where you could find original selling prices for ASE bullion coins. I've only been collecting silver coins for a few years so I had to work backwards to complete sets. I had to pay more recent prices for older coins so my Excel lists do not have original prices.
I came across an October 2010 "Coin Update News" article entitled "US Mint Raises Premiums for American Silver Eagles" which announced the premium charged to authorized purchasers would go up from $1.50 to $2.00 per coin. [ Spot price of silver + premium ]. The article included this factoid:
Quote:
The last time the US Mint increased the premium for Silver Eagles was February 9, 2009 when it was increased from $1.40 to $1.50 per coin. Prior to that, premiums were raised on October 14, 2008 from $1.25 per coin to $1.40 per coin.
The last time the US Mint increased the premium for Silver Eagles was February 9, 2009 when it was increased from $1.40 to $1.50 per coin. Prior to that, premiums were raised on October 14, 2008 from $1.25 per coin to $1.40 per coin.
The average closing price of silver in 2010 was $20.21 per ounce, with a low of $14.65. Silver closed at $30.90 on 12/31/2010.
Per PCGS:
Quote:
Following Congress's approval, the Mint struck Silver Eagles for the first time ever on November 24, 1986. Immediately, the coins proved to be a huge success and the Mint managed to sell over five million coins in the first year of introducing the Silver Eagle Program. Historical Facts: The price of silver was approximatlely $5.25, on the day that the coins were struck by the U.S. Mint. Therefore, the coins could have been purchased for about $6 or $7 each from a Mint authorized dealer.
Following Congress's approval, the Mint struck Silver Eagles for the first time ever on November 24, 1986. Immediately, the coins proved to be a huge success and the Mint managed to sell over five million coins in the first year of introducing the Silver Eagle Program. Historical Facts: The price of silver was approximatlely $5.25, on the day that the coins were struck by the U.S. Mint. Therefore, the coins could have been purchased for about $6 or $7 each from a Mint authorized dealer.
" Even a clock that's stopped is right twice a day. "
