Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Post your silver bullion!!!
>
Reply to Thread
Message:
<p>[QUOTE="RaceBannon, post: 1730821, member: 25357"]I still find premiums in my local area to be waaaay high. Now that silver's dropped below $20, most local dealer's prices really haven't dropped much since silver was around $30. I keep telling myself it's time to 'back up the truck'. But I'll be darned if I'm going to pay $10 over spot to do it. </p><p><br /></p><p>Even your big online dealers like APMEX and Provident Metals are $3-6 over spot depending on what you buy and the quantity. I take it as a learning experience. My takeaway is that when the spot price drops like it has in the last few months, the price for actual physical doesn't really drop quite as fast(unless of course you're trying to sell to a dealer). It's "sticky" on the way down.</p><p><br /></p><p>Still, now's a much better time to buy in bulk than when I started this thread over two years ago. In April of 2011 silver was around $40, if memory serves me it hit almost $50 by June of that year.[/QUOTE]</p><p><br /></p>
[QUOTE="RaceBannon, post: 1730821, member: 25357"]I still find premiums in my local area to be waaaay high. Now that silver's dropped below $20, most local dealer's prices really haven't dropped much since silver was around $30. I keep telling myself it's time to 'back up the truck'. But I'll be darned if I'm going to pay $10 over spot to do it. Even your big online dealers like APMEX and Provident Metals are $3-6 over spot depending on what you buy and the quantity. I take it as a learning experience. My takeaway is that when the spot price drops like it has in the last few months, the price for actual physical doesn't really drop quite as fast(unless of course you're trying to sell to a dealer). It's "sticky" on the way down. Still, now's a much better time to buy in bulk than when I started this thread over two years ago. In April of 2011 silver was around $40, if memory serves me it hit almost $50 by June of that year.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Post your silver bullion!!!
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...