OK, here's what I've noticed about silver prices. The price of silver was around $6.50 at the beginning of the year and then went up to around $7.50 but have now come down to around $7.00 lately. Here's what I've noticed about the price of uncirculated Silver Eagles, especially back dates. Prices shot up at the mear mention of a silver price increase and caused the price of the Silver Eagles to reach new highs. However, the price of Silver Eagles hasn't followed the price of silver nearly as closely in its decline as it did when there was an increase. Do we have some extra skimming going on by our freindly dealers of Silver Eagles that maybe they could pass on to their customers? I buy them by the roll and I keep a close watch on Silver Eagle prices, so I'm not too happy to see the reluctance of some to "pay the piper" when silver goes down like we took earlier when silver went up.
This is seen with other items linked to commodity prices. Gas for example tracks upticks in oil prices well on the way up, but gas price decreases lag when oil falls. With SAEs, houses, and stocks, when prices decline, folks hang on longer before selling.
I think SFDukie got it right I was a set of ASE for a little over $1000.00 and thought it was a great deal. I'm doing a set little by little--I would like to do the PF's too but that 1995-W is a little out there... Speedy
