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<p>[QUOTE="National dealer, post: 6168, member: 487"]Well I for one am buying precious metal coins like any normal business day. The bullion price rarely effects rare coins. Nobody buys St. Gaudens because of the price of the ounce of gold in them. They also don't buy Morgans because of the silver content.</p><p>While bullion coins are nice, and they are an active part of any dealers day, we don't rely on how the market is doing. Buy and sell often will usually have you making little profits all the time. If today you buy silver at $7.06 and tomorrow you sell at $7.10 you made money. If next week you buy at $7.15 and sell at $7.11 you even out. </p><p>When this market took a big upward swing, everyone was selling. Now as it makes a small correction everyone is buying. For those of us that deal in this market day in and day out, corrections come and go. </p><p>Even the 90% junk silver can be put into 2x2's and sold as collector coins.[/QUOTE]</p><p><br /></p>
[QUOTE="National dealer, post: 6168, member: 487"]Well I for one am buying precious metal coins like any normal business day. The bullion price rarely effects rare coins. Nobody buys St. Gaudens because of the price of the ounce of gold in them. They also don't buy Morgans because of the silver content. While bullion coins are nice, and they are an active part of any dealers day, we don't rely on how the market is doing. Buy and sell often will usually have you making little profits all the time. If today you buy silver at $7.06 and tomorrow you sell at $7.10 you made money. If next week you buy at $7.15 and sell at $7.11 you even out. When this market took a big upward swing, everyone was selling. Now as it makes a small correction everyone is buying. For those of us that deal in this market day in and day out, corrections come and go. Even the 90% junk silver can be put into 2x2's and sold as collector coins.[/QUOTE]
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