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<p>[QUOTE="Slider, post: 1705764, member: 44205"]1. Ask the dealer who has the ASE's what he'd pay you if you were selling him ASE's. You need to consider more than just the margin he's selling over the spot price of silver. The spread between what you pay for them and what he'll buy them for is the real issue at stake. How would you feel if he told you he only pays 10% below spot prices to buy silver? That's a heck of a spread. </p><p><br /></p><p>2. Margins will ABSOLUTELY moderate in the future. Current year ASE's tend to go for $5ish over spot, due in large part to the price premium charged directly from the mint. Random year ASE's (outside of the mid-1990's, with relatively low mintage), are bought privately since they're out of production, and since there is no mint premium, can typically be bought around $3.50 over spot. </p><p><br /></p><p>3. In the coming months, there are two things that will most assuredly occur. Physical demand will normalize, and and price margins over spot will shrink. You can decide for yourself if you think the price of silver will shoot up $8 or more, but the real question you need to ask yourself is whether or not you're comfortable owning $8 over spot ASE's if the price of silver DOESN'T rise or even DECREASES in the coming months.[/QUOTE]</p><p><br /></p>
[QUOTE="Slider, post: 1705764, member: 44205"]1. Ask the dealer who has the ASE's what he'd pay you if you were selling him ASE's. You need to consider more than just the margin he's selling over the spot price of silver. The spread between what you pay for them and what he'll buy them for is the real issue at stake. How would you feel if he told you he only pays 10% below spot prices to buy silver? That's a heck of a spread. 2. Margins will ABSOLUTELY moderate in the future. Current year ASE's tend to go for $5ish over spot, due in large part to the price premium charged directly from the mint. Random year ASE's (outside of the mid-1990's, with relatively low mintage), are bought privately since they're out of production, and since there is no mint premium, can typically be bought around $3.50 over spot. 3. In the coming months, there are two things that will most assuredly occur. Physical demand will normalize, and and price margins over spot will shrink. You can decide for yourself if you think the price of silver will shoot up $8 or more, but the real question you need to ask yourself is whether or not you're comfortable owning $8 over spot ASE's if the price of silver DOESN'T rise or even DECREASES in the coming months.[/QUOTE]
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