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Chaotic Times To Be A Dealer

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Ballyhoo's Avatar
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1613 Posts
 Posted 01/23/2026  11:16 am Show Profile   Bookmark this topic Add Ballyhoo to your friends list Get a Link to this Message Number of Subscribers
Silver just hit the once unthought of $100 per ounce. Just 14 months prior it was in the low 20's. At this rate of climb the dealers, both large and small, can not keep pace valuing coins for sale. That 75 dollar Morgan today becomes $80 in seven days. From what I'm seeing most silver coins sold online are selling below their respective melt values before the next rise. From a dealer and sellers perspective, would it be wise to ask for $115 in order to stay ahead of the trend? And how would that be perceived from the buyer? I recall a few years back assembling the Peace dollar series paying double spot on average. Not so today. The real question becomes, when does the long held numismatic value return? From my point of veiw, for this reason, now is the time to buy silver coinage.
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jbuck's Avatar
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United States
450 Posts
 Posted 01/28/2026  4:37 pm  Show Profile   Bookmark this reply Add Maine Member to your friends list Get a Link to this Reply
Dealer Up-Pricing makes sense if you are willing to negotiate with buyers.
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 Posted 01/29/2026  06:23 am  Show Profile   Bookmark this reply Add gxseries to your friends list Get a Link to this Reply
The last two weeks would have been hectic as they struggle to update their whole inventory prices!
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jbuck's Avatar
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187446 Posts
 Posted 01/29/2026  10:30 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Justification for dealers who do not price their items on display.
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United States
396 Posts
 Posted 01/30/2026  4:42 pm  Show Profile   Bookmark this reply Add BigAppleBucky to your friends list Get a Link to this Reply

Quote:
Justification for dealers who do not price their items on display.



I'll say. Also justification for being hesitant to buy. Imagine paying $115 yesterday for something worth $85 today.

I suspect coin shops/dealers are going to need a couple of weeks of relative price stability before doing much buying or selling.

The $30 drop today is an all time record. Massive profit taking or a return to reality? I'll be happy to just hold on to my (fairly small) stash of silver coins.

My wife wants to sell some excess silverware we have no need of. I told her today it would probably be nearly impossible to do that anytime soon.
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