What's new

proof that the silver spot crash has not reduced the value of silver coins?

SilverForBrains

Bronze Member
Joined
Feb 1, 2012
Messages
2,452
Reaction score
739
Golden Thread
0
Primary Interest:
All Treasure Hunting
I'd like to hear your input everyone! I'm selling 5 1964 halves I found in a teller tray at the beginning of the year, (I found them along with 2 peace dollars and 2 bens, my best teller tray find of all time. They are AU to BU and advertised as such, which I'm sure will drive the final price up, but my thinking is usually with 1964 90% silvers it doesn't affect the price that much (unless you sell them by the roll, BU rolls go for quite a bit more). Right now they're at just over $50 and have about 20 bids. there's still a lot of time left so it should be interesting to see what happens. Anyways the coins are already at $10 apiece, according to conflation they should be at $8.50 apiece. in my experience ebay usually brings spot. Is this increase in value due to the condition of these coins or are we seeing silver still selling at the same prices as before the crash? I also just got offered $90 per roll for 5 rolls of 40%ers, those are definitely pre-crash values.
 
Last edited:
Upvote 0
I think it'll be short-lived unless prices rise. I just can't see people paying $30/oz. if silver is still in the low $20's (or lower) in a couple of months.

I think you're right, people may be assuming the dip is very short lived
 
I think any time that gold/silver move (up or down) there is more demand and interest in PMs.

Will this dip be short-lived? I think so, I don't think I've seen this much interest in PMs since silver was in the $45/oz range.

Coin shops are selling stuff like its at $30/oz and they're still selling out... It would be one thing if they were selling out when selling things at $23/24 an ounce, but they're still selling out when they're priced $5-6 over spot...
 
Hello everyone. New to this site and have been doing crh for about 3 months now. Love it! Got started after talking to numerous people selling their coins on eBay. I work for eBay and see most of everyone's listings. I agree seems anything posted on there right now is still getting a premium. Some of the coins just makes you wonder why they paid so much when the lcs must have it cheaper.
 
Now I am seeing, for the first time I can remember, ads on Craiglist offering to buy junk silver above melt.
 

Users who are viewing this thread

Latest Discussions

Back
Top Bottom