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<p>[QUOTE="theSharpGun, post: 1819995, member: 39683"]If you want silver for silver buy generic silver ounces or bars (ie. Golden State Mint rounds or JM's). Silver Eagles command high premiums because everyone wants them and they are easy to sell. From what I've heard it's pretty rare for someone to buy ASE's for spot, even for dealers. And honestly when silver goes down, most dealers lose out which is why the premiums are so high. After all, if a dealer bought silver when it was $26 way back when, and then sold them for spot, his business would be screwed (especially if he bought those eagles originally over spot). Even at a $6 premium a dealer would lose out on the labor costs for getting the rolls of silver in. That's why many places don't even bother with bullion. It's a tricky business. That's why I think it's better to diversify and keep bullion for long-term investments only.[/QUOTE]</p><p><br /></p>
[QUOTE="theSharpGun, post: 1819995, member: 39683"]If you want silver for silver buy generic silver ounces or bars (ie. Golden State Mint rounds or JM's). Silver Eagles command high premiums because everyone wants them and they are easy to sell. From what I've heard it's pretty rare for someone to buy ASE's for spot, even for dealers. And honestly when silver goes down, most dealers lose out which is why the premiums are so high. After all, if a dealer bought silver when it was $26 way back when, and then sold them for spot, his business would be screwed (especially if he bought those eagles originally over spot). Even at a $6 premium a dealer would lose out on the labor costs for getting the rolls of silver in. That's why many places don't even bother with bullion. It's a tricky business. That's why I think it's better to diversify and keep bullion for long-term investments only.[/QUOTE]
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