Discussion in 'Bullion Investing' started by Dow Jones, May 22, 2022.
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LCS, pawn shops and flea markets. Not sure what the premium
was at Central States or what it will be at Whitman/Balt.
dealers are there to help others not so much
I never heard of a premium dislocation lasting 3 years.
As long as people buy no reason to lower it. Realistically until gas and cost of purchasing it comes down I doubt the premium is going anywhere this year
Yep. Especially when you look at the actual business strike mintage numbers for just most of the ASE years from like 2012-2020. Huge numbers (2020 is ~30,000,000 mintage alone).
So, really, ASEs aren't even actually scarce, but perhaps they're scarcely found?
Except the brick and mortar stores I go into always have a bunch of supply readily available.
At $15 over melt? Yeah, that's one way to preserve availability, isn't it?
Yep. The stores are consistent with the general market right.
That’s why I prefer buying 1970 Panama 5 Balboas for essentially melt. These coins have just over 1oz ASW at 92.5% purity and have about an order of magnitude less mintage.
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