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<p>[QUOTE=&quot;medoraman, post: 1729605, member: 26302&quot;]I feel you are treading on dangerous ground Mike equating premiums with percentages. Premiums should be the cost of converting bulk metal to coins, (or premium because of collectibility). As such, they shouldn&#039;t change if silver is $30 versus $10 versus $100 an ounce. ASE&#039;s had a $2.5-3 premium in 1986. To me, that is the cost of conversion and markup effectively. I simply believe if you treat a premium as a flat conversion fee you get better investment analysis that by using percentage markups, which are too easily distorted.</p><p><br /></p><p>So, bottom line for me, about $3 is the max ASE premium I am ever willing to pay, regardless of silver price. Anything higher than that and I will label it a poor purchase.[/QUOTE]</p><p><br /></p>

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