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<p>[QUOTE="Clawcoins, post: 25160665, member: 77814"]I only buy US Mint made bullion. I may have a few Canadian Mint stuff, Austria, Australian but not much. So generic rounds I don't buy.</p><p><br /></p><p>Yup, nothing like the "good 'ole days" such as:</p><p>4/2017 spot $18.32 / purchase $20.51 / premium $2.19</p><p><br /></p><p>11/2018 spot $14.39 / $16.63 / $2.24</p><p><br /></p><p>10/2022 spot $20.38 / $38.07 / $19.69 <-- I wrote these down for reference but I didn't buy when premiums jumped</p><p><br /></p><p>2/2024 spot $22.88 / $29.33 / $6.44 <-- first purchase since those spikes because it seems tolerable and I'm in it for the long haul</p><p><br /></p><p>Is $6.44 high. I think so too because I've been buying ASEs since 1986. I remember buying a tube for under $120.</p><p>But it's far below the nearly 100% from a few years ago.</p><p><br /></p><p>Does this stop people from buying any collectable coins because they cost more now than in the past ?</p><p><br /></p><p>Will there be a spike in silver price in the future ?</p><p>or a crash?</p><p><br /></p><p>Who knows right?</p><p><br /></p><p>But I look back at all the specific precious metals I've bought (skipping the super high premiums) and I'd profit on every purchase right now except for the one I made yesterday. But, hopefully, give that time and it will be profitable from the purchase price.</p><p><br /></p><p>Isn't that what bullion hoarders do anyways ? Buy for the future.[/QUOTE]</p><p><br /></p>
[QUOTE="Clawcoins, post: 25160665, member: 77814"]I only buy US Mint made bullion. I may have a few Canadian Mint stuff, Austria, Australian but not much. So generic rounds I don't buy. Yup, nothing like the "good 'ole days" such as: 4/2017 spot $18.32 / purchase $20.51 / premium $2.19 11/2018 spot $14.39 / $16.63 / $2.24 10/2022 spot $20.38 / $38.07 / $19.69 <-- I wrote these down for reference but I didn't buy when premiums jumped 2/2024 spot $22.88 / $29.33 / $6.44 <-- first purchase since those spikes because it seems tolerable and I'm in it for the long haul Is $6.44 high. I think so too because I've been buying ASEs since 1986. I remember buying a tube for under $120. But it's far below the nearly 100% from a few years ago. Does this stop people from buying any collectable coins because they cost more now than in the past ? Will there be a spike in silver price in the future ? or a crash? Who knows right? But I look back at all the specific precious metals I've bought (skipping the super high premiums) and I'd profit on every purchase right now except for the one I made yesterday. But, hopefully, give that time and it will be profitable from the purchase price. Isn't that what bullion hoarders do anyways ? Buy for the future.[/QUOTE]
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