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Might be time to sell some silver soon...
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<p>[QUOTE="-jeffB, post: 26410169, member: 27832"]If prices don't take a big dip between now and then, I might sell some off at the local show in November. I can't really compare right now to the 2011 frenzy or the years of doldrums that followed, but it seemed like I always got stronger offers at shows than folks report here from dealers.</p><p><br /></p><p>I see that MoneyMetals is offering a buy price for 90% dimes and quarters of 28.44x FV, and they're quoting $42.78/toz as the current price for silver - that puts them at about 92% of melt. I'd expect to get, I don't know, maybe 27x at a local show? 28x, if the dealer's running short and has a lot of people clamoring to buy?</p><p><br /></p><p>I still remember that one show in 2011 where I bought a bag of SLQs from one dealer at 26x, picked through them, saved out a couple, then walked over to the next aisle and sold the rest to another dealer for 26.5x...[/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 26410169, member: 27832"]If prices don't take a big dip between now and then, I might sell some off at the local show in November. I can't really compare right now to the 2011 frenzy or the years of doldrums that followed, but it seemed like I always got stronger offers at shows than folks report here from dealers. I see that MoneyMetals is offering a buy price for 90% dimes and quarters of 28.44x FV, and they're quoting $42.78/toz as the current price for silver - that puts them at about 92% of melt. I'd expect to get, I don't know, maybe 27x at a local show? 28x, if the dealer's running short and has a lot of people clamoring to buy? I still remember that one show in 2011 where I bought a bag of SLQs from one dealer at 26x, picked through them, saved out a couple, then walked over to the next aisle and sold the rest to another dealer for 26.5x...[/QUOTE]
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Might be time to sell some silver soon...
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