Silver Eagles @ $38 a POP? Bargain or Not?

Reverend B*IKE*

Sr. Member
Jan 11, 2009
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Primary Interest:
All Treasure Hunting
I am going to my coin club meeting soon. They are selling silver eagles for $38 a pop no tax.
Proofs going for $45. Silver is at 36.2/oz so I figure its a good deal. It is an auction style so it has a good chance of going up a couple of bucks. I called around some shops are selling for 5-6 bucks over spot so, to me sounds like a fair price.
Should I "BUY,BUY,BUY,BUY,BUY,BUY!!!!!" as Cramer says :laughing7:
Whats your tought?
thanks
 

pronghorn

Hero Member
Jan 7, 2008
570
53
One of my banks has 3 eagles, not sure of the date,
2009 I think.
Tomorrow is payday and I will be buying all 3
for $36 and change each plus tax.
The head teller said they set the price when they get
them and never adjust it. I will be checking every
bank from now on to see if they sell the same way.

I bought every silver 1 ounce round they had a couple weeks
ago for $28.75 plus tax. I am in the camp that believes
silver will continue to rise. I say go for it if you can afford
them.

Still kicking myself for not buying the 21 morgans and peace $s
a guy had at the local show in December for $25 each, I had
the cash but only bought 4. I think if I would have bought
them all he would have come down a buck or more.
 

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