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.
ANA member - PAN Member - BCCS Member
There are no problems only solutions - the late, great John Lennon