I want to know when the idiotic premiums on the coins -- without silver moving up as well -- is going to end. Normally, premiums are to compensate for high volatility or a shortage of the metal during rising prices...and we have neither.
My guess is that the public buying frenzy has abated, and that most of the dealers who carry those items are in more of a selling mood than a buying mood at this time.
My take on it is, as long as the consumer is willing to pay these ridiculous premiums the dealers will be happy to charge them. I haven't bought any stackables since spot was $16.50 and premiums were $1.59/oz. And I'll continue to hold out. No sweat off my back if I never buy stackables again. I'm covered already.
They are MOSTLY bullion in that the numismatic premium is nil or close to it. They track bullion up-or-down, unlike a Morgan MS-66 which will sell at multiples of silver and move on its own. I'm just surprised the premium has lasted this long through a pretty blase period of silver being flattish within a $5 trading range outside of March 2020.
False. They arent even remotely close to mostly bullion. They sell for a 100 bucks even raw or as 69s. They aren't even close to half the price being bullion
The title of the thread literally says 2021 Morgan and Peace, neither of which will ever be going to melt short of the world ending
They sell for significant premiums every where not just TV. Go look at any sale of them at auction houses
Our local dealer price for the silver newbies have come down but unfortunately, they do not interest me. I like the oldies but goodies. Good luck.
5 morgans and a peace https://www.greatcollections.com/Au...rs?cmd=price_go&q=2021+morgan&series=&sort=02 https://www.greatcollections.com/Au...ars?cmd=price_go&q=2021+peace&series=&sort=02 A set of all 70s will be over 2k