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<p>[QUOTE="dave92029, post: 983173, member: 26916"]Thank you Green18 for the US Mint link. Ok so the Mint sells a Monster green box for Spot +$1.50, then both Monex and Ampex sell it for $1.92 or $0.42 over their cost, approx. 2%.</p><p><br /></p><p>I'm guessing that we should be able to SELL our Unc. Silver for no less than Spot +$1.50 (Mint's price to their dealers) because that is the lowest cost silver ASE in the market at any given time. Does anyone know what dealers are paying for Uncirculated ASE? I see the spread between the Bid and Ask of Spot Silver is only $0.02.</p><p><br /></p><p>My local coin dealer is offering 20+ ASE for Spot plus $2.50, which is only $1.00 over the Mints price. Seems fair to me.</p><p><br /></p><p>Recently there are numerous eBay auctions which have recently closed at "old spot prices", offering excellent buying opportunities. eBay purchases also offer eBay Bucks (2% credit on future Paypal purchases) plus Rewards points and dollars depending on the credit card used to pay PayPal. I use American Express on Paypal so I get 1% cash back plus the 2% EBay Bucks (3% total), plus I bought several items from the same dealer so I saved a substantial amount on the shipping and handling. </p><p><br /></p><p>Once the Spot price of Silver settles into a narrow trading range, I expect eBay pricing to more closely reflect Spot plus $2.50 -$3.50 per ounce depending on the quantity involved.</p><p><br /></p><p>The suggestion for dollar cost averaging makes a lot of sense in a rising market. Is there any time during the month that Silver typically trades at a low price vs the rest of the month? </p><p><br /></p><p>Thank you[/QUOTE]</p><p><br /></p>
[QUOTE="dave92029, post: 983173, member: 26916"]Thank you Green18 for the US Mint link. Ok so the Mint sells a Monster green box for Spot +$1.50, then both Monex and Ampex sell it for $1.92 or $0.42 over their cost, approx. 2%. I'm guessing that we should be able to SELL our Unc. Silver for no less than Spot +$1.50 (Mint's price to their dealers) because that is the lowest cost silver ASE in the market at any given time. Does anyone know what dealers are paying for Uncirculated ASE? I see the spread between the Bid and Ask of Spot Silver is only $0.02. My local coin dealer is offering 20+ ASE for Spot plus $2.50, which is only $1.00 over the Mints price. Seems fair to me. Recently there are numerous eBay auctions which have recently closed at "old spot prices", offering excellent buying opportunities. eBay purchases also offer eBay Bucks (2% credit on future Paypal purchases) plus Rewards points and dollars depending on the credit card used to pay PayPal. I use American Express on Paypal so I get 1% cash back plus the 2% EBay Bucks (3% total), plus I bought several items from the same dealer so I saved a substantial amount on the shipping and handling. Once the Spot price of Silver settles into a narrow trading range, I expect eBay pricing to more closely reflect Spot plus $2.50 -$3.50 per ounce depending on the quantity involved. The suggestion for dollar cost averaging makes a lot of sense in a rising market. Is there any time during the month that Silver typically trades at a low price vs the rest of the month? Thank you[/QUOTE]
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