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<p>[QUOTE="green18, post: 424523, member: 10103"]Here's a blurb from one of the sites where I buy silver eagles from. Guess I'm not going to get an offer to buy early and lock in a fixed price....</p><p> </p><p> </p><p>To summarize it is to say that even though the spot price of silver is way down, for dealers to replenish their inventory they are having to pay much higher premiums than normal because the coins are just not available so when the Mints do have the coins, they are being rationed to the large suppliers. Lastly, lack of availability results in higher premiums for the coins which translates to higher pricing than you would expect based on the spot price of the metals. Although it may seem a bit confusing we hope that this information will help you understand why some silver coins prices haven't reduced as dramatically as the spot price of silver has. The same is holding true for a lot of the gold coins as well. We have already seen the most dramatic rise and fall in silver over the last six months and it will be interesting to see what happens with silver and gold now that both of them have dropped down to more reasonable levels. </p><p> </p><p> </p><p>I think they're sitting on silver till the price goes back up. Too many of these guys bought "high" and they ain't gonna sell low, no sir.[/QUOTE]</p><p><br /></p>
[QUOTE="green18, post: 424523, member: 10103"]Here's a blurb from one of the sites where I buy silver eagles from. Guess I'm not going to get an offer to buy early and lock in a fixed price.... To summarize it is to say that even though the spot price of silver is way down, for dealers to replenish their inventory they are having to pay much higher premiums than normal because the coins are just not available so when the Mints do have the coins, they are being rationed to the large suppliers. Lastly, lack of availability results in higher premiums for the coins which translates to higher pricing than you would expect based on the spot price of the metals. Although it may seem a bit confusing we hope that this information will help you understand why some silver coins prices haven't reduced as dramatically as the spot price of silver has. The same is holding true for a lot of the gold coins as well. We have already seen the most dramatic rise and fall in silver over the last six months and it will be interesting to see what happens with silver and gold now that both of them have dropped down to more reasonable levels. I think they're sitting on silver till the price goes back up. Too many of these guys bought "high" and they ain't gonna sell low, no sir.[/QUOTE]
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