What's everyone paying per dollar face? Is it a good time to stack?

Just curious what people are paying for "junk" silver per dollar face Ampex seams to be outrageous.

 

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well, just sold 5-walers that were g,vg & fine for 9.00 each in a privet sale i arranged today..i would pay 14.00 over the table at a coin show...

 

My LCS gets 20x face for common silver coins, $25 for common cull dollars.

 

Welcome newbee.
Had to click on the name and see how new...member since Sunday, Nice.

Last purchase I did (been awhile) was on the smaller side and had a few barber type coins so 18.5x face and I thought I did good.

 

I’m not stacking because the premiums all way too high.

Welcome to CT.

 

xactly

 

spot. usually good for a couple hundred a month.

 

I been buying silver a bunch of years. The current retail market is turned upside down and has been that way since early 2020. It will normalize again. I will not spend more than spot for silver and will only go as high as spot for friends. I will not buy retail silver in this market. So if you want to stack silver in this climate, you have to be creative and search out other avenues. Perhaps folks that have inherited silver. I have a guy that buys abandoned storage rooms that frequently turns up bags of silver for me. Two weeks ago a friend of mine retired and sold me $70.00 face value of silver. I paid him spot….. You have to be a bit creative and make connections. Talk about your interest in silver with people and stay away from retail right now.

 

Normalize, what is normal? Like this is a sellers' market right now spot is not that high, but the PREMIUMS are. So, there is another Feller on here that says it will go back down below 18 or 19 dollars an ounce that was last fall. I THINK this is the new NORM, Hanging around the 20 Mark. but we will see!!! I couldn't find any or much at all when the price fell down to 11 to 13 dollars last time..

 

In my mind, normal is buying silver at spot. Prior to early 2020 I could get silver at spot from a number of places. Spot price isn't the negating factor. It is the premiums being charged at the retail level. That is perfectly understandable as long as people are willing to pay it. I won't.