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<p>[QUOTE=&quot;medoraman, post: 1105260, member: 26302&quot;]Marshall is 100% correct. In 1980 you could sell close to spot on the way up. Once the Hunt&#039;s defaulted and the silver market started declining no one wanted to buy, and 50% of spot was not unheard of.</p><p><br /></p><p>Regarding whether common coins will be around, of course they will. Bags of common silver is a popular way to invest in silver, and most of these bags stay as they are, just trading on spot prices. Btw, these bags put together when silver is high are great deals, since when silver goes low a lot of the coins in there get back their numismatic premium they don&#039;t have at $30 silver.</p><p><br /></p><p>Two years ago the physical premium went up since many were expecting silver to go back up. Yes, dealers hate selling for $15 what they bought at $30, but eventually they will. I remember in 1982 dealers still trying to get $20 an ounce out of bags since that is what they paid. These dealers will sit on these, unsold, until they finally see silver prices won&#039;t save them and then they will sell at the market price. I would say it would take 2 or 3 years to shake these things loose at spot from bullheaded sellers.</p><p><br /></p><p>That is the history, and it usually repeats itself. So basically if silver plunges to $15 expect to have to wait a year or two to buy a lot of bags of silver at silver value, and that goes for most bullion as well.[/QUOTE]</p><p><br /></p>

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