Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Gold or silver?
>
Reply to Thread
Message:
<p>[QUOTE="Silveraholic, post: 1871659, member: 67496"]I agree with what you are saying on junk silver. Junk silver meaning pre 1965 dimes, quarters, halves, and dollar coins which are all 90% silver. However premiums for 90% have gone up substantially over the past year or so. Where you used to be able to buy bulk 90% for melt the premiums are now comparable to generic .999 bullion. About $1.25-$1.50 over spot per ounce. As far as gold for melt you can usually get pamp suisse or perth mint 1 ounce bars for $25 over melt and you can sell them at melt. 1 oz gold Canadian maples are only $30 over spot to buy and you can sell them at melt. Even gold American eagles can be had for $55-$60 over melt and you can sell them back for $25-$30 over melt. That's only a 2-3% premium over melt which isn't too bad. Pre-'33 U.S. gold is numismatic as far as I'm concerned and isn't worth the premium when modern gold bullion sells for a much smaller premium over spot.[/QUOTE]</p><p><br /></p>
[QUOTE="Silveraholic, post: 1871659, member: 67496"]I agree with what you are saying on junk silver. Junk silver meaning pre 1965 dimes, quarters, halves, and dollar coins which are all 90% silver. However premiums for 90% have gone up substantially over the past year or so. Where you used to be able to buy bulk 90% for melt the premiums are now comparable to generic .999 bullion. About $1.25-$1.50 over spot per ounce. As far as gold for melt you can usually get pamp suisse or perth mint 1 ounce bars for $25 over melt and you can sell them at melt. 1 oz gold Canadian maples are only $30 over spot to buy and you can sell them at melt. Even gold American eagles can be had for $55-$60 over melt and you can sell them back for $25-$30 over melt. That's only a 2-3% premium over melt which isn't too bad. Pre-'33 U.S. gold is numismatic as far as I'm concerned and isn't worth the premium when modern gold bullion sells for a much smaller premium over spot.[/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
>
Bullion Investing
>
Gold or silver?
>
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...