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<p>[QUOTE=&quot;doug444, post: 2607490, member: 38849&quot;]A few thoughts about silver...</p><p><br /></p><p>You guys buying eagles must have one little persistent &quot;numismatic&quot; gene in your genome.&nbsp; As I write this, 100 random eagles cost $1,917 delivered, or $19.17 per Troy ounce, at Apmex.</p><p><br /></p><p>$100 face of random 90% costs $1,306 delivered (71.5 Troy ounces), or $18.27 per ounce.&nbsp; That&#039;s a premium of 4.9%, Eagles over 90%.&nbsp; I would not necessarily buy at Apmex, but the proportion should hold around 5% (currently) throughout the trade.</p><p><br /></p><p>The least desirable &quot;stack&quot; is probably a circulated Morgan dollar.&nbsp; At a retail of $22.49 delivered, that works out to $29.04 per Troy ounce, or a premium of about 59% over the price of average 90%.</p><p><br /></p><p>Plus a silver dime is more useful (and liquid) in commerce than a silver eagle.&nbsp; If and when silver might reach $50 again, the premium(s) you paid will be lost.&nbsp; Yes, eagles are prettier.&nbsp; But you might find a good coin when you buy bulk silver.&nbsp; All a matter of taste, I guess.</p><p><br /></p><p>90%.............. $18.27 per Troy ounce of silver</p><p>Eagle............. $19.17 per Troy ounce</p><p>Morgan.......... $29.04 per Troy ounce</p><p><br /></p><p>My silver is 73% late Roosevelt dimes, and probably half of those are 1964&#039;s (Roosevelts generally weigh more than Mercuries = more silver per $1).[/QUOTE]</p><p><br /></p>

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