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<p>[QUOTE="cecilstarcher, post: 643488, member: 18428"]<b>No Real Shortage</b></p><p><br /></p><p>As a holder of many ounces of silver both privately struck and mint issued, I find that there is a shortage of "cheap" silver. I'm not selling and neither are most collectors/investors I know. Thousands of ounces were bought in the Spring of 2008 in the $16 - $20 range and those ounces are not going to be resold at the current level. The only silver I see being offered for sale are family holdings of what is commonly called "junk silver". The economy is forcing a lot folks to part with their old silver coins.</p><p> </p><p>The shortage will disappear overnight when silver once again passes the $20 benchmark. For me, $25 will get me motivated to part with commonest of my goodies, Silvertown and the like.</p><p> </p><p>As for ASE's, they have become a mainstream collectible, shedding the orginial purpose of putting a precious metal in the citizen's hands. Watch eBay and visit coin shows, they are going for $19+ and the 1996 in the $60 range. Only collector value can sustain these prices. They are no longer mere bullion.[/QUOTE]</p><p><br /></p>
[QUOTE="cecilstarcher, post: 643488, member: 18428"][b]No Real Shortage[/b] As a holder of many ounces of silver both privately struck and mint issued, I find that there is a shortage of "cheap" silver. I'm not selling and neither are most collectors/investors I know. Thousands of ounces were bought in the Spring of 2008 in the $16 - $20 range and those ounces are not going to be resold at the current level. The only silver I see being offered for sale are family holdings of what is commonly called "junk silver". The economy is forcing a lot folks to part with their old silver coins. The shortage will disappear overnight when silver once again passes the $20 benchmark. For me, $25 will get me motivated to part with commonest of my goodies, Silvertown and the like. As for ASE's, they have become a mainstream collectible, shedding the orginial purpose of putting a precious metal in the citizen's hands. Watch eBay and visit coin shows, they are going for $19+ and the 1996 in the $60 range. Only collector value can sustain these prices. They are no longer mere bullion.[/QUOTE]
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