40 percent silver market?

Are there any major dealers or market makers buying 40% silver right now? How is the market for these coins?

 

Log in or Sign up to hide this ad.

Provident's still advertising a buy price for 40% Ikes, but "call us" for 40% halves.

Same for JM Bullion.

Moneymetals is selling 40% halves for 23.34x FV, and buying at 20.54x. Per coinflation.com, melt is 23.46x. Both those buy and sell prices are less of a discount than I'm used to seeing for 40%. I guess demand is strong enough that it's even spilling over into the usually-unloved 40%.

 

I sold one 40% Ken today for 16xface to one of my preferred LCS. It was with a bunch of other mixed purity silver coinage so I’m good.

I acquired it for much less.

 

I've never paid more than face value for any of the 40% coins - as a rule. I only buy them at face at banks. Guaranteed return.

 

I’m selling them in my antique shop. The 90% sells better but I really can’t keep anything silver in my space. Even foreign coins containing silver are selling.

 

These days, if you are big into PMs in your shop, you might need bars on all the windows.

 

The mall has a fantastic alarm system.

 

That nice. Mall's have high exposure and awesome security, but the rent is usually higher than I'd ever consider paying. No matter, sounds like it's working out for you and that's all that really matters. Go gettum tiger. May the force be with you, and many profits.

 

This month has been amazing. It’s a good mall with lots of public exposure. I did well in my old mall and now I’m even doing better. The lady that owned the old mall closed it and moved to this mall. Eight months later I was able to move in. She’s doing better and I’m doing more than double what I was doing. I’m very thankful and pleased.