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<p>[QUOTE=&quot;-jeffB, post: 3361427, member: 27832&quot;]You seem to be disagreeing about the definition of &quot;silver price&quot;.</p><p><br /></p><p>As I understand it, the spot price of silver (or anything else) is mostly driven and set by paper contracts, and the only physical delivery such a contract can demand is the Good Delivery Bar. Mr. Google is accurately reporting the closing spot price on that date.</p><p><br /></p><p>If buy and sell prices at your local shop are higher or lower than the spot price, that may reflect important information about the market, but it doesn&#039;t mean the spot price is wrong.</p><p><br /></p><p>Edit: according to the first site I found with historical data, that $49.45 closing price was on a Friday. The next Monday, it closed at $49; that Tuesday, it closed at $41.55. I&#039;m glad I wasn&#039;t frantically buying up silver at a coin show that weekend...[/QUOTE]</p><p><br /></p>

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