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Hey Im new to this whole silver thing..
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<p>[QUOTE="bhp3rd, post: 837623, member: 16510"]First buyers and sellers of silver eagles are in bulk dealers and whoesale/retail operations. They buy sell this product based on supply and demand for customers. Tighter, tighter critiera based on on a limited supply of one type product. It's only been made since 1986 and is after all only in one form.</p><p> </p><p>Buyers and sellers of .900 or .925 and other content silver get it from everywhere and everybody.</p><p>Mom and Pops, estates, auctions, walk ins, jewlery, industrial, world coins and since time began or at least a few thousand years.</p><p>Within those buying oppertunities are vast ways and means to get it cheaper, more often, with less overhead and more simply.</p><p>Most dealers I know have boxes of the stuff just waiting for the smelter to come by. Even many modern proof silver coins and commemortives are thrown in there because they are worth so little compared to thier silver content. .925 is always bought at about 85% of .900 because of concerns of finness costs and of refinery thus somebody somewhere gets more silver than they paid for.</p><p> </p><p>There is simply more junk silver by 100,000 than is in ASE to begin with and the buying oppertunities (right or wrong) or all over the board letting people more often cash in on lower buy prices.[/QUOTE]</p><p><br /></p>
[QUOTE="bhp3rd, post: 837623, member: 16510"]First buyers and sellers of silver eagles are in bulk dealers and whoesale/retail operations. They buy sell this product based on supply and demand for customers. Tighter, tighter critiera based on on a limited supply of one type product. It's only been made since 1986 and is after all only in one form. Buyers and sellers of .900 or .925 and other content silver get it from everywhere and everybody. Mom and Pops, estates, auctions, walk ins, jewlery, industrial, world coins and since time began or at least a few thousand years. Within those buying oppertunities are vast ways and means to get it cheaper, more often, with less overhead and more simply. Most dealers I know have boxes of the stuff just waiting for the smelter to come by. Even many modern proof silver coins and commemortives are thrown in there because they are worth so little compared to thier silver content. .925 is always bought at about 85% of .900 because of concerns of finness costs and of refinery thus somebody somewhere gets more silver than they paid for. There is simply more junk silver by 100,000 than is in ASE to begin with and the buying oppertunities (right or wrong) or all over the board letting people more often cash in on lower buy prices.[/QUOTE]
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Hey Im new to this whole silver thing..
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