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 Replies: 72 / Views: 5,172 |
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Pillar of the Community
United States
1300 Posts |
I wonder what the dealers are paying? I'm going to try hitting a local coin show next weekend, and maybe the local coins store. Edited by thecoinguy1964
12/10/2025 4:57 pm
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Moderator
 United States
187446 Posts |
Nope. My collection silver is not for sale, but I do have a small stack left from my CRH days from a quarter century ago. It is technically for sale or trade* and that might happen if silver hits $100.  * Way, way back I traded a stack of silver Kennedy half dollars with a local dealer for store credit which allowed me to complete my Franklin half dollar Dansco. |
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Pillar of the Community
United States
1227 Posts |
It does make you wonder as silver keeps climbing how hard it will be to sell and how much below spot that number would be.
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Bedrock of the Community
United States
36415 Posts |
Watching dealers on Youtube they seem to be paying about 10% below spot. 5-8% below spot on gold. Many dealers are selling at spot now.
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Pillar of the Community
United States
1747 Posts |
I don't generally sell unless I need the money, or something fundamentally has changed with my investment. Fortunately, at this point I don't need to sell and to me the case is stronger than ever to hold.
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Bedrock of the Community
United States
36415 Posts |
I agree, if you sell it you spend the money and end up with stuff you really don't need. Don't sell = forced savings.
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Bedrock of the Community
United States
11880 Posts |
It's more like 15% back of spot. $55 and often lower. I posted that this is because the refiners aren't buying 90% or sterling because they can't get enough acids to refine.
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com |
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Moderator
United States
187446 Posts |
Quote:
I agree, if you sell it you spend the money and end up with stuff you really don't need. Don't sell = forced savings.  |
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Pillar of the Community
United States
2520 Posts |
Quote:
It does make you wonder as silver keeps climbing how hard it will be to sell and how much below spot that number would be. When spot was $58 It took me a while to sell it here at $48....Granted, being close to Christmas and my payment options did lose me a couple of potential sales, but it sold. Looks like next round will be $54 an ounce... |
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Pillar of the Community
United States
2455 Posts |
no. I'm not selling any silver... yet. before I seriously consider selling Ag, I want to see:
1- the silver-buying-mania phase kick off, and
2- triple-digit Ag.
i don't especially have a plan, although I am in the beginning stages of forming one.
i honestly don't have that much silver to begin with. I was conversing with helder about this recently. most of my silver is in ASEs, the rest is 'junk' silver, several tubes each of .10 & .25, plus whatever is in my morgan albums & type album. i'd probably start with my slabs. I have maybe a dozen slabbed ASEs. those can go first if/when the time comes.
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Bedrock of the Community
United States
36415 Posts |
MrPink2018, you still have far more silver than the average person, the majority have none. Less than 1% of Americans hold silver.
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Pillar of the Community
United States
2213 Posts |
I don't sell. Some of the online dealers show prices they will pay, Bullion Exchanges, JM Bullion, Provident and others. They usually pay below spot then sell above spot, they have to make a profit obviously. Edited by livingwater
12/12/2025 5:21 pm
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Moderator
United States
187446 Posts |
Quote:
They usually pay below spot then sell above spot, they have to make a profit obviously. |
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Valued Member
United States
311 Posts |
I had your typical 90% silver that just about every boomer has accumulated over the years. It wasn't much but sold them long ago. March 2023 sold 70 Kennedy halves for about $600. And recently sold my silverware back in October. That was melted to a 7# bar. In hindsight the only correct thing I did was plow the proceeds into a little bit of gold. Had a garage sale about a month ago and a guy bought 2 generic silver rounds for $50 each when spot was $48. He did not want to buy my 6 ASEs for $60 each. PMs can sit for a really long time doing nothing. Particularly silver. Don't forget 70-80% of silver is found as by product from digging up something more important. And as everybody here likes to complain, the speculators on the COMEX can really wind things up and then just play the downside. I don't know what to do with gold but I think both of these charts should be sold.  |
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Bedrock of the Community
United States
10470 Posts |
I haven't even thought about selling anything yet. Just sitting back to see where the price goes. Maybe if it gets to $100 I'll think about it.
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Bedrock of the Community
United States
36415 Posts |
Don't sell unless it is an emergency and you need the money. I will sell gold before I sell any silver bullion.
Edited by IndianGoldEagle
12/17/2025 08:44 am
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Replies: 72 / Views: 5,172 |
Posted 12/10/2025 6:43 pm
