GSR is 50-Who's trading silver for gold?

Discussion in 'Bullion Investing' started by Bman33, Jan 14, 2026 at 10:29 PM.

  1. Bman33

    Bman33 Well-Known Member

    I'm on the fence to do this at my LCS. Today they said 57 silver rounds for a one ounce Gold Eagle. What are your thoughts?
     
    Bman33, Jan 14, 2026 at 10:29 PM
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  3. SensibleSal66

    SensibleSal66 U.S Casual Collector / Error Collector

    Hey! Nice proposition but I checked based on current market price.
    They are getting the better of the deal based on my calculations. Silver is $88.33 X 57=5034.81 Gold is 4611.70 per ounce, do the math. Buy Gold Bullion Bars & Coins | APMEX
     
    SensibleSal66, Jan 14, 2026 at 10:59 PM
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  4. Bman33

    Bman33 Well-Known Member

    I know I am losing 7 ounces, but I have to pay the premiums on silver and the gold. Don't know any dealers that would do a strait up trade.
     
    Bman33, Jan 14, 2026 at 11:01 PM
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  5. Bman33

    Bman33 Well-Known Member

    here is a good guide GSR.png
     
    Bman33, Jan 14, 2026 at 11:05 PM
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  6. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    With Silver going up faster than gold I would expect a better deal. You shouldn't have to pay the premium on both.
     
    Pickin and Grinin, Jan 14, 2026 at 11:05 PM
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  7. Bman33

    Bman33 Well-Known Member

    good point, but I can get a trade in now and keep doing it if keeps getting lower. Gold is the endgame.
     
    Bman33, Jan 14, 2026 at 11:20 PM
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  8. lordmarcovan

    lordmarcovan Eclectic numismatist Moderator

    I've watched too many true crime shows. I saw "GSR" in the title and thought it stood for "gunshot residue".
     
    lordmarcovan, Jan 15, 2026 at 12:57 AM
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  9. SensibleSal66

    SensibleSal66 U.S Casual Collector / Error Collector

    Oh, we have those on our TV also. My wife loves Unsolved mysteries and shows like Dr. G.
     
    SensibleSal66, Jan 15, 2026 at 3:03 AM
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