Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Why the premiums on 90% US silver coins getting higher and higher?
>
Reply to Thread
Message:
<p>[QUOTE="Goldeagle2012, post: 2159138, member: 36813"]When silver price recently rose above $17 a troy ounce, I could understand why the premium went up but when silver spot dropping all the way back to around $16, premium on most 90% US silver coins did not drop. Right now, silver spot is around 17.06, making the melt of $1 face of 90% US silver coins (halves, quarters and dimes) has about 12.28 of silver (melt value), yet I had repeatedly seen on eBay a dollar face value of 90% US silver got bid up to $14 - $18. More suprisingly, for even circulated 1964 Kenndedy halves, people bid it up to over $15 for each face (two of them). What exactly is going on here? I have never seen anything like this before, not even in the late 70s and early 80s when silver reached $50 an ounce. Thoughts?[/QUOTE]</p><p><br /></p>
[QUOTE="Goldeagle2012, post: 2159138, member: 36813"]When silver price recently rose above $17 a troy ounce, I could understand why the premium went up but when silver spot dropping all the way back to around $16, premium on most 90% US silver coins did not drop. Right now, silver spot is around 17.06, making the melt of $1 face of 90% US silver coins (halves, quarters and dimes) has about 12.28 of silver (melt value), yet I had repeatedly seen on eBay a dollar face value of 90% US silver got bid up to $14 - $18. More suprisingly, for even circulated 1964 Kenndedy halves, people bid it up to over $15 for each face (two of them). What exactly is going on here? I have never seen anything like this before, not even in the late 70s and early 80s when silver reached $50 an ounce. Thoughts?[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Why the premiums on 90% US silver coins getting higher and higher?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...