How Low Will It Go? Silver Down $4 Today. - Page 4

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Author	Replies: 97 / Views: 8,893	Page: of 7

GTALLEN Valued Member United States 315 Posts	Posted 09/24/2011 9:07 pm I went out looking to do some bottom fishing. All could get was a hand full of Walkers about 10% under spot from two guys coming out of the pawn shop. Report this Post to the Staff
snek Valued Member Canada 223 Posts	Posted 09/24/2011 9:49 pm Running into the same thing here, checked with 3 dealers today & they were all looking for 36.50-37 / oz still... Grabbed a few Liberty Quarters for 5$ each but thats about it.... Report this Post to the Staff
angel2004 Pillar of the Community United States 2168 Posts	Posted 09/24/2011 9:55 pm The dealer I go to charges 3 percent over spot. So I guess not too bad. I think eagles were $3 each over spot Edited by angel2004 09/24/2011 9:59 pm Report this Post to the Staff
LTMets44 Pillar of the Community United States 580 Posts	Posted 09/24/2011 11:24 pm I went to a dealer this morning. I asked to buy an ASE. He said with silver being $31, he would sell me the 2011 for $35. I told him I wanted a 1986, he said $50. He said that the older dates are all $50. I went to another dealer, She said she'll sell me a 2011 for $35, and she'll sell me any older date for $34. I am now the proud owner of 1986 ASE for $34. =) Report this Post to the Staff
mmerlinn Valued Member United States 302 Posts	Posted 09/25/2011 05:35 am Quote: I went to a dealer this morning. I asked to buy an ASE. He said with silver being $31, he would sell me the 2011 for $35. I told him I wanted a 1986, he said $50. He said that the older dates are all $50. I went to another dealer, She said she'll sell me a 2011 for $35, and she'll sell me any older date for $34. $16 is a wide spread. Wonder if you could have made money taking advantage of it. Like buy at $34, then sell to other dealer at $40 or so. Report this Post to the Staff
Ed_B Pillar of the Community United States 4008 Posts	Posted 09/25/2011 6:10 pm Quote: I am now the proud owner of 1986 ASE for $34. =) Very nice catch. Good job on that. Report this Post to the Staff
spaceace Pillar of the Community United States 797 Posts	Posted 09/28/2011 2:39 pm Silver back under $30...hopefully it stays in the 20's for awhile so I can pick up some silver dimes and halves over the next few weeks/months. Report this Post to the Staff
Silverhawk74 Pillar of the Community United States 3670 Posts	Posted 09/28/2011 2:52 pm Yes Space Ace, it looks like the dead cat bounced one good time and is on its way back down for now anyway.... Report this Post to the Staff
angel2004 Pillar of the Community United States 2168 Posts	Posted 09/28/2011 2:56 pm Yes and the mint hasn't re priced silver yet but has lowered both gold and platinum coins with Platinum lower than gold! Report this Post to the Staff
barryg Pillar of the Community United States 5853 Posts	Posted 09/28/2011 3:25 pm Gold is currently at $1599... Expanded Digital U.S. Type Set Album \| Dansco 8100 (Lincon Cents) Album \| Digital Proof Type Set \| Digital U.S. Currency Type Set \| Foreign Bullion Coins Report this Post to the Staff
LTMets44 Pillar of the Community United States 580 Posts	Posted 09/28/2011 4:16 pm mmerlinn - Quote: Wonder if you could have made money taking advantage of it. Like buy at $34, then sell to other dealer at $40 or so. I will never be able to do that. Once I buy these ASE's it hurts to much to try to sell them. Ed-B - Quote: Very nice catch. Good job on that. Thank you! Report this Post to the Staff
nod2003 Pillar of the Community United States 3294 Posts	Posted 09/28/2011 4:59 pm but what if you used the profit from the 6 that you sold, to go and buy a bonus one? Report this Post to the Staff
Ed_B Pillar of the Community United States 4008 Posts	Posted 09/28/2011 8:56 pm Quote: Thank you! You're welcome! Report this Post to the Staff
Ed_B Pillar of the Community United States 4008 Posts	Posted 09/28/2011 8:58 pm As far as I am concerned, this price pull-back has been terrific. Yes, the silver I own is now worth less than it was last week but so what? I have no interest in selling any of it and would like to buy more. This is an excellent opportunity to add to my growing bullion collection. I have about 212 ozs. so far and have just ordered another 200 ozs. Will repeat in a couple of weeks if prices remain low. Report this Post to the Staff
angel2004 Pillar of the Community United States 2168 Posts	Posted 09/28/2011 9:15 pm I feel the same. I actually hope it goes a little more down can't believe the Platinum Eagle costs less then the gold! I hope the mint re prices the silver as well not just hold up selling! Report this Post to the Staff
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