I went over to the Raleigh Coin & Stamp Show at the NC State Fairgrounds this morning. Seemed pretty busy -- nearly every spot was full, probably several dozen dealers, with lots of attendees both buying and selling. Dealers were offering 19-20x FV for 90% silver, and the ones I asked were selling at 21-21.5x FV. I asked at one place ("we pay STRONG prices for gold!") what they were offering for modern $5 gold commems; he said they were paying $5 back of melt, specifically $392 to buy, and selling at $400. I was impressed -- that's a pretty narrow spread, and a bit stronger offer than I was expecting. I'm still thinking that this isn't the time to sell, though. If you're within a convenient drive, it's definitely worth checking out. (It runs 10 to 3 Sunday.) Allow some extra time, though -- there's a lot scheduled this weekend, including the gun and knife show, and traffic was pretty heavy by the time I left (around noon).
