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<p>[QUOTE="Juan Blanco, post: 1584520, member: 41665"]I think <i>most </i>Silver coinage is losing numismatic value to bullion, so <b>whatever has the lowest premium to so-called "melt" (Spot) is the best bargain</b>. </p><p><br /></p><p>Paying more for modern collectibles sounds nutty to me; that market's disintegrating. <i>Some </i>Ag coins will continue to have significant numismatic value, to be sure, but the likelihood your LCS is liquidating solid numismatic stock remains about nil. WHEN that day arrives, you can safely trade up numismatically LOL</p><p><br /></p><p>That said, do the math. A Silver Proof Quarters (Dec. 2012) for $250 is 7.23 ozt .999 Ag @ POS 34.28 : that's a $2.00 dealer charge or 0.82% (a very <i>very </i>low premium, I think.) </p><p><br /></p><p>I looked at a Kitco post <b>from 4/2010</b> and see that someone else wondered/paid 10% premium for a Silver Proof Roll on eBay (plus s/h?) Another bullionist responded he regularly paid (in 1 Q 2010 POS @ 16.50 -18.60 ) a 9% - 11.5% premium to buy Silver Proof Quarters. </p><p><br /></p><p>From 2010 -2012, it looks like premiums (and numismatic value) for Silver Proof Quarter Rolls has essentially collapsed! So ...very low premiums from trusted dealer = great deal today, IMO</p><p><br /></p><p>Also, worn US junk silver always weighs marginally less. So what's the discount/quote on 40 old 90/10 Quarters? There's no good reason to pay more for junk Silver, obv.[/QUOTE]</p><p><br /></p>
[QUOTE="Juan Blanco, post: 1584520, member: 41665"]I think [I]most [/I]Silver coinage is losing numismatic value to bullion, so [B]whatever has the lowest premium to so-called "melt" (Spot) is the best bargain[/B]. Paying more for modern collectibles sounds nutty to me; that market's disintegrating. [I]Some [/I]Ag coins will continue to have significant numismatic value, to be sure, but the likelihood your LCS is liquidating solid numismatic stock remains about nil. WHEN that day arrives, you can safely trade up numismatically LOL That said, do the math. A Silver Proof Quarters (Dec. 2012) for $250 is 7.23 ozt .999 Ag @ POS 34.28 : that's a $2.00 dealer charge or 0.82% (a very [I]very [/I]low premium, I think.) I looked at a Kitco post [B]from 4/2010[/B] and see that someone else wondered/paid 10% premium for a Silver Proof Roll on eBay (plus s/h?) Another bullionist responded he regularly paid (in 1 Q 2010 POS @ 16.50 -18.60 ) a 9% - 11.5% premium to buy Silver Proof Quarters. From 2010 -2012, it looks like premiums (and numismatic value) for Silver Proof Quarter Rolls has essentially collapsed! So ...very low premiums from trusted dealer = great deal today, IMO Also, worn US junk silver always weighs marginally less. So what's the discount/quote on 40 old 90/10 Quarters? There's no good reason to pay more for junk Silver, obv.[/QUOTE]
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