Junk Silver or American Silver Eagles?

Discussion in 'Bullion Investing' started by fretboard, Jan 23, 2016.

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  1. Brett_in_Sacto

    Brett_in_Sacto Well-Known Member

    I'll gladly pay you double the melt value for everything labeled MS64 / MS65.

    And I hate to be the bearer of bad news, you paid WAY over the melt value of that SA/XD. The metals and plastic in at are probably only worth a couple bucks. In fact, there's no precious metal in it at all!
     
    Brett_in_Sacto, Jan 26, 2016
    #21 + Quote Reply
    skbrooks1369 likes this.
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  3. Mr. Flute

    Mr. Flute Well-Known Member

    ... and I typically just buy junk 90%. The stores I frequent now don't usually have ASEs or Maples for reasonable prices, so I'm happy to be able to look through and pick my own junk coins. I also dive into world coin junk bins whenever possible to cherrypick the overlooked world silver coins.
     
    Mr. Flute, Jan 26, 2016
    #22 + Quote Reply
  4. krispy

    krispy krispy

    krispy, Jan 26, 2016
    #23 + Quote Reply
    Brett_in_Sacto likes this.
  5. skbrooks1369

    skbrooks1369 Active Member

    Yeah, that premium!
     
    skbrooks1369, Jan 27, 2016
    #24 + Quote Reply
  6. Brett_in_Sacto

    Brett_in_Sacto Well-Known Member

    If only I had been smart enough to consistently buy throughout the summer when the price was so well below $1100 an ounce....

    Oh wait.... I did. :cigar:

    It still has a long way to go, but I think we've touched bottom.
     
    Brett_in_Sacto, Jan 27, 2016
    #25 + Quote Reply
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