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<p>[QUOTE=&quot;Rono, post: 2079457, member: 6492&quot;]HI Del,</p><p><br /></p><p>I&#039;m only going to talk about stateside prices, taxes and premiums.&nbsp; That&#039;s all I have a bit of a clue about.</p><p><br /></p><p>First of all, premiums vary by type of bullion AND by quantity.&nbsp; I&#039;ve attached the daily quotes from my hometown dealer.&nbsp; Note that a 1/10 AGE is 14% while a 1 oz is 4.4.&nbsp;&nbsp; Also, generic plain vanilla bullion is much cheaper than ASE, AGE, and some of the other &#039;top shelf&#039; brands. </p><p><br /></p><p>I&#039;m sure you can appreciate the a quantity purchase will get you a discount.&nbsp; But the issue surrounding name brand silver has to do with fungibility.&nbsp; What I mean is that you can buy and sell them readily.&nbsp; An ASE can be sold anywhere,&nbsp; but a silver round from BillyBob&#039;s Mint and Bowling Alley is harder to sell.&nbsp;&nbsp; That&#039;s why in silver bullion, Engerhard and JohnsonMatthey brand stuff carries a higher premium than plain vanilla. </p><p><br /></p><p>Another issue that impacts premiums has to do with Supply/Demand pricing economics.&nbsp; &nbsp; There is a paper price and a street price for bullion.&nbsp; Whenever these diverge significantly, prices get funny.&nbsp; There are a lot of folks that believe the paper price for bullion is at times artificially low due to various market factors.&nbsp; &nbsp; Whenever this occurs, either supply dries up OR premiums increase.&nbsp; For example, in the recent liquidity trap the interest rates were lower on mortgages than the banks wanted to pay. Ergo, they were out of money and loans were not available.&nbsp; At least not a 4%.&nbsp; However, if you wanted to pay 6%, they all of a sudden found some cash.&nbsp; feh.&nbsp; Or when Nixon applied gasoline price controls . . . supply disappeared. </p><p><br /></p><p>Lastly, if you really want this coin or that, for whatever reason, you pay the piper the going price.</p><p><br /></p><p>peace,</p><p><br /></p><p>rono[/QUOTE]</p><p><br /></p>

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