Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
.90 vs .925 vs .999
>
Reply to Thread
Message:
<p>[QUOTE="Cloudsweeper99, post: 301764, member: 3011"]CoinGal, you've hit upon something I noticed a long time ago. Coin collectors are not intelligent when it comes to selling silver coins that have little or no numismatic value. Once silver is put into coin form with a recognizable and trusted hallmark identifying it as .90 or .925 or .999 silver, it should all sell for the same price per gram or troy ounce, and should sell at a modest premium to the bullion value since the content and purity are known without assay. But the dealer network continuously bamboozles the collectors into parting with their silver at a discount for a variety of imaginary reasons. One of the highest and best uses for silver is the coin form. To melt it at a discount is about the worst use for it. Perhaps someday, collectors will withhold their coin silver from the market unless/until they are paid an honest price for it. Then, fabricators of silver objects can either go and purchase their raw material from the Comex and pay commissions, storage, shipping, and insurance charges, or pay an honest price for it.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 301764, member: 3011"]CoinGal, you've hit upon something I noticed a long time ago. Coin collectors are not intelligent when it comes to selling silver coins that have little or no numismatic value. Once silver is put into coin form with a recognizable and trusted hallmark identifying it as .90 or .925 or .999 silver, it should all sell for the same price per gram or troy ounce, and should sell at a modest premium to the bullion value since the content and purity are known without assay. But the dealer network continuously bamboozles the collectors into parting with their silver at a discount for a variety of imaginary reasons. One of the highest and best uses for silver is the coin form. To melt it at a discount is about the worst use for it. Perhaps someday, collectors will withhold their coin silver from the market unless/until they are paid an honest price for it. Then, fabricators of silver objects can either go and purchase their raw material from the Comex and pay commissions, storage, shipping, and insurance charges, or pay an honest price for it.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
.90 vs .925 vs .999
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...