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<p>[QUOTE="SilverSurfer, post: 839360, member: 21603"]True, there is a lot of 90% silver coins out there....but as an example otherwise....I started to buy 90% silver in December of 2008. At that time, it wasn't easy finding any dealer willing to sell it, as the price was too cheap. Then around February of 2009, I was able to score a lot of 90% silver, but the premiums were outrageous. I ended up buying it for approximately $17 an ounce, even though spot price was about $13.50. Then the price did a dip in July. I went to my usual dealer, and he was completely out of junk silver, again.....or was he just saying. I had to drive 15 miles to another dealer that offered a good price....again about $17 an ounce, even though spot price was around $14.50. Last January, the price dipped again to $15.50 an ounce, I stopped by my usual dealer and he wanted $7.25 for a Franklin half dollar. I wasn't about to pay that, so I called the dealer 15 miles away and asked him to put together $40 face, which he charged me $12 on the dollar. While paying for my $40 face, this other dealer told me he was out of junk silver and not to call back for a while till he got more. So, while the amount of junk silver is great....finding it for a decent price might not always be.[/QUOTE]</p><p><br /></p>
[QUOTE="SilverSurfer, post: 839360, member: 21603"]True, there is a lot of 90% silver coins out there....but as an example otherwise....I started to buy 90% silver in December of 2008. At that time, it wasn't easy finding any dealer willing to sell it, as the price was too cheap. Then around February of 2009, I was able to score a lot of 90% silver, but the premiums were outrageous. I ended up buying it for approximately $17 an ounce, even though spot price was about $13.50. Then the price did a dip in July. I went to my usual dealer, and he was completely out of junk silver, again.....or was he just saying. I had to drive 15 miles to another dealer that offered a good price....again about $17 an ounce, even though spot price was around $14.50. Last January, the price dipped again to $15.50 an ounce, I stopped by my usual dealer and he wanted $7.25 for a Franklin half dollar. I wasn't about to pay that, so I called the dealer 15 miles away and asked him to put together $40 face, which he charged me $12 on the dollar. While paying for my $40 face, this other dealer told me he was out of junk silver and not to call back for a while till he got more. So, while the amount of junk silver is great....finding it for a decent price might not always be.[/QUOTE]
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Hey Im new to this whole silver thing..
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