Following the Market crash of 1980, known as "Silver Thursday" The silver prices reached a low point, when the Hunt Brothers tried to corner the market and drive up the price to $50, but they failed to meet a margin call, and the price crashed by over 33% in a single day. Ending at about $5 per ounce by June of 1982 due to the worldwide recession.
There was a renewed interest in silver in late 1982, investor interest in silver increased, leading to a price rally.
I think that the crash followed by the rally cause the sharp increase in silver coinage then.
We did not see any crash followed by a rally so investor interest has not changed much.
But, I wonder if the market will correct itself at some point and silver will drop drastically.
There was a renewed interest in silver in late 1982, investor interest in silver increased, leading to a price rally.
I think that the crash followed by the rally cause the sharp increase in silver coinage then.
We did not see any crash followed by a rally so investor interest has not changed much.
But, I wonder if the market will correct itself at some point and silver will drop drastically.
Collecting since 1972. Learning from then on
"Tell me and I forget. Teach me and I remember. Involve me and I learn." - Benjamin Franklin
7070 type set coin count: 51/76
Uncirculated American Silver Eagles
My American Silver Eagle Proof Collection
Sacagawea Dollars
Innovation Dollars
Eisenhower-Dollars
Kennedy-Half Dollars
Washington-Quarters
Roosevelt-Dimes
Buffalo-Nickels
1938-2005 Jefferson-Nickels
Lincoln-Cents
"Tell me and I forget. Teach me and I remember. Involve me and I learn." - Benjamin Franklin
7070 type set coin count: 51/76
Eisenhower-Dollars



















