Keep in mind that the "Dealer Sheet" prices do not remain constant simply because of all the dealers who set their buy/sell prices beyond its parameters. While a good guide for comparative price direction I view it as nothing more than the equivalent of ebay's asking prices.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
was bronco wrong about being long morgans? nope At the very least the buy prices on them are are stickier which gives you a little extra time to decide
only natural with big drop in spot. When demand goes down, premiums go down.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
only natural with big drop in spot. When demand goes down, premiums go down.
Clean the bunker fungus out of your ears. We told you 3 months ago premiums were going to tank once the mint opened the type 2 floodgates alleviating the silver "shortage" they created. Look for the premium plummet to continue.
@blitzdude said:
We told you 3 months ago premiums were going to tank once the mint opened the type 2 floodgates alleviating the silver "shortage" they created. Look for the premium plummet to continue.
ASE premiums are currently at 39% with silver spot at it's one year low of 23.10. Tanking? LOL. Re-vist the OP where ASE premiums were 45% when spot was at $26.13. Like I correctly said, premiums will drop with a drop in spot/physical demand. 45% to 39% is a far from tanking. Let's see where ASE premiums are when spot returns to 26.13. Bet ya it will be higher than the original 45%.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
@MsMorrisine said:
don't premiums usually price at a $x.yz over spot instead of a percentage over spot?
Yes but to understand the direction they are moving in relation to the price changes in spot one must look at and compare their percentage over spot.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Hit a LCS today that I hadn't been to before down the road. Generic rounds $26.50. Other than a bunch of morgans/peace $s and the ~20 rounds there wasn't much there. Guy said sellers were light so inventory was hard to come by. Asked about 90% halfs and he just dumped all he had to someone, didn't get the sell price for face.
Picked up a couple 23s peace bucks and a nice white 21 morgan for the stack rolls basically. Made a nice offer on the 3 to get the first deal in play. Was happy with 100 but if they had 4/100 stackers in there I would have dropped more.
@blitzdude said:
We told you 3 months ago premiums were going to tank once the mint opened the type 2 floodgates alleviating the silver "shortage" they created. Look for the premium plummet to continue.
ASE premiums are currently at 39% with silver spot at it's one year low of 23.10. Tanking? LOL. Re-vist the OP where ASE premiums were 45% when spot was at $26.13. Like I correctly said, premiums will drop with a drop in spot/physical demand. 45% to 39% is a far from tanking. Let's see where ASE premiums are when spot returns to 26.13. Bet ya it will be higher than the original 45%.
There are MANY other sellers than APMEX, we've showed you that too. You're not very fast no wonder you live in the gutter.
I used ASEs and APMEX because this thread provides historical APMEX reference to changes in ASE premiums from the same seller. If you want to make your case with silver shower hooks from Bed, Bath and Beyond, do so - just use consistent data. As explained to you earlier, accurate data is obtained with accurate comparison. You do know the difference between an apple and an orange, right?
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
@Dug13 said:
Could explain how to read the prices…..for example:
HALF DOLLARS………..+2.50x.715.
Is that per half dollar or for 1.00 face value.
With spot currently at $23.75 + $2.50 = $26.25 x .715 = $18.76875 per $1 FV or /2 = $9.38 per half dollar. That's the quoted buy price. Notice on standard 90% quarters/dimes their is a .90 cent spread between buy/sell.
dropped into the LCS yesterday to check on Local ASE prices.
"What's your sell price on ASE's?"
"Don't have any."
So, I sense a selling opportunity.
"What ya paying for ASE's?"
"Fifty cents over spot."
"Probably the reason you don't have any."
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
I missed out on a bunch of toned ASE's the other day. I have a booth at an antique mall , the owner shows me a bunch in the plastic rectangle holders 1999-2003 era . he had them marked 49$ Im like did you not see how long it took me to sell that bunch for $35 back when silver was $28 ? Its dropped 5 bucks and ounce you are asking more than double melt
so i leave and he sells them to some guy for $25 each for the whole lot 2 hours later
The sky is falling, the sky is falling! My ASEs are only worth 37.5% over spot. LOL
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
The reddit APES ran out of $$$ a month or so ago. Any new ape is just a robot non spending account to fluff up the numbers. Now a APE like me may decide to take some ETH or BTC gainz and sink it into the gutter but premiums still need to drop about 50% more (and they will) before that could even become an option! EZ STREET!! RGDS!!!
Didn't you get the memo? Silver premiums are tanking. LOL
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Thanks for the effort to continue updating this post with the buy/sell pricing sheet from the "Upstate Gold Exchange."
I live in the Upstate of South Carolina. Can I see this price sheet if I physically go into their store or is this only visible dealer to dealer? I see that it is not posted on their website.
Some of us need to put up or shut up, with links. The paper market is not the real world . They’re your stock market dudes, that will never post a tread that goes against their money making views.
Thanks for the effort to continue updating this post with the buy/sell pricing sheet from the "Upstate Gold Exchange."
I live in the Upstate of South Carolina. Can I see this price sheet if I physically go into their store or is this only visible dealer to dealer? I see that it is not posted on their website.
I don't believe Upstate Coin and Gold has any affiliation to Upstate Gold Exchange. They update the dealer sheet every weekday and you can download free from their website. https://www.upstatecoins.com/
@blitzdude said:
I don't believe Upstate Coin and Gold has any affiliation to Upstate Gold Exchange. They update the dealer sheet every weekday and you can download free from their website. https://www.upstatecoins.com/
time to grow up and realize you are never going to buy at the precise bottom and sell at the precise top .
no one would believe you even if you did , or care probably
But the ASE premium bubble was the biggest no brainer since the hunt bros attempted market manipulation corner.
I sold most of mine into it at my little antique booth. I didn't time it particularly well but i made extra money on all of the ones i sold because of that premium.
I didn't buy any so I didn't get scalped but I don't really have any left so I'm out.
I'll admit I don't understand why people would pay +10 over for an ASE but I am not a therapist and it really doesn't matter anyway.
You can say its a gutter metal but I had a good 6 months of selling into the uptrend. I'm happy and while I still have a bunch left its a much more condensed stack 90% mainly which will be easy to move when the time comes
Yeah, there's not much buzz about the apes these days. Does anyone follow the reddit dialog?
you are never going to buy at the precise bottom and sell at the precise top
If you listen to some people here, they do it all the time, no problemo.
the ASE premium bubble was the biggest no brainer since the hunt bros attempted market manipulation corner
I'll give you that.
I don't understand why people would pay +10 over for an ASE but I am not a therapist
There may be a time when buying at that premium makes sense, but by then it will probably be too hard to find hard money at any price. I remember leveraging into the price rise during 1978-1980, and every time I took that plunge, it was like diving off the high board - an adrenalin rush coupled with heightened awareness. Back then, I figured that I had maybe 40 years of future earnings to recover from a major blunder if things went south.
Today's analogy would be buying cryptos with serious money.
Q: Are You Printing Money? Bernanke: Not Literally
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
The silver eagle from APMEX tracked in this thread just saw a premium increase to 42% over spot. Gutter metal my a$$.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
@derryb said (on Oct 14):
The silver eagle from APMEX tracked in this thread just saw a premium increase to 42% over spot. Gutter metal my a$$.
That random gutter eagle now carries a 55% premium at APMEX if paying with paypal or credit card. Oh, and don't forget to add the shipping cost. LOL.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Comments
Rectangles ate in style at the moment 😉 😎
Liberty: Parent of Science & Industry
Keep in mind that the "Dealer Sheet" prices do not remain constant simply because of all the dealers who set their buy/sell prices beyond its parameters. While a good guide for comparative price direction I view it as nothing more than the equivalent of ebay's asking prices.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
ASE buy prices headed back to the gutter, everything else about the same as last week. 90% junk actually increasing.
was bronco wrong about being long morgans? nope At the very least the buy prices on them are are stickier which gives you a little extra time to decide
premiums are coming down
only natural with big drop in spot. When demand goes down, premiums go down.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Clean the bunker fungus out of your ears. We told you 3 months ago premiums were going to tank once the mint opened the type 2 floodgates alleviating the silver "shortage" they created. Look for the premium plummet to continue.
ASE premiums are currently at 39% with silver spot at it's one year low of 23.10. Tanking? LOL. Re-vist the OP where ASE premiums were 45% when spot was at $26.13. Like I correctly said, premiums will drop with a drop in spot/physical demand. 45% to 39% is a far from tanking. Let's see where ASE premiums are when spot returns to 26.13. Bet ya it will be higher than the original 45%.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
don't premiums usually price at a $x.yz over spot instead of a percentage over spot?
Yes but to understand the direction they are moving in relation to the price changes in spot one must look at and compare their percentage over spot.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Hit a LCS today that I hadn't been to before down the road. Generic rounds $26.50. Other than a bunch of morgans/peace $s and the ~20 rounds there wasn't much there. Guy said sellers were light so inventory was hard to come by. Asked about 90% halfs and he just dumped all he had to someone, didn't get the sell price for face.
Picked up a couple 23s peace bucks and a nice white 21 morgan for the stack rolls basically. Made a nice offer on the 3 to get the first deal in play. Was happy with 100 but if they had 4/100 stackers in there I would have dropped more.
There are MANY other sellers than APMEX, we've showed you that too. You're not very fast no wonder you live in the gutter.
I used ASEs and APMEX because this thread provides historical APMEX reference to changes in ASE premiums from the same seller. If you want to make your case with silver shower hooks from Bed, Bath and Beyond, do so - just use consistent data. As explained to you earlier, accurate data is obtained with accurate comparison. You do know the difference between an apple and an orange, right?
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Could explain how to read the prices…..for example:
HALF DOLLARS………..+2.50x.715.
Is that per half dollar or for 1.00 face value.
Wall of HONOR transaction list:WonderCoin, CoinFlip, Masscrew, Travintiques, lordmarcovan, Jinx86, Gerard, ElKevvo
With spot currently at $23.75 + $2.50 = $26.25 x .715 = $18.76875 per $1 FV or /2 = $9.38 per half dollar. That's the quoted buy price. Notice on standard 90% quarters/dimes their is a .90 cent spread between buy/sell.
dropped into the LCS yesterday to check on Local ASE prices.
"What's your sell price on ASE's?"
"Don't have any."
So, I sense a selling opportunity.
"What ya paying for ASE's?"
"Fifty cents over spot."
"Probably the reason you don't have any."
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
I missed out on a bunch of toned ASE's the other day. I have a booth at an antique mall , the owner shows me a bunch in the plastic rectangle holders 1999-2003 era . he had them marked 49$ Im like did you not see how long it took me to sell that bunch for $35 back when silver was $28 ? Its dropped 5 bucks and ounce you are asking more than double melt
so i leave and he sells them to some guy for $25 each for the whole lot 2 hours later
ASE premiums still dropping. Go figure. lol :roll
The sky is falling, the sky is falling! My ASEs are only worth 37.5% over spot. LOL
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Just like we told you 3 months ago. Soon they will be "worth" 20% to you but you will only be offered +.50cent when you go to sell. lol
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Slide right into derby's gutter. lol
Not much change on the premium this week.
Demand that good?
nope
Not from you
But what about silver apes?
The reddit APES ran out of $$$ a month or so ago. Any new ape is just a robot non spending account to fluff up the numbers. Now a APE like me may decide to take some ETH or BTC gainz and sink it into the gutter but premiums still need to drop about 50% more (and they will) before that could even become an option! EZ STREET!! RGDS!!!
Didn't you get the memo? Silver premiums are tanking. LOL
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Thanks for the effort to continue updating this post with the buy/sell pricing sheet from the "Upstate Gold Exchange."
I live in the Upstate of South Carolina. Can I see this price sheet if I physically go into their store or is this only visible dealer to dealer? I see that it is not posted on their website.
Some of us need to put up or shut up, with links. The paper market is not the real world . They’re your stock market dudes, that will never post a tread that goes against their money making views.
I don't believe Upstate Coin and Gold has any affiliation to Upstate Gold Exchange. They update the dealer sheet every weekday and you can download free from their website.
https://www.upstatecoins.com/
Ah, yes. I see… Fayetteville NY
Thanks -
ASE premiums continue the drift lower. Even in the great Reddit silver shortage/squeeze. Who would of thought?
but moar sivler
why all the irrational love or hatred for a lump of metal?
feelings and emotions are guaranteed to lose money
some of you need a glass-stegal rule for your brain. divide your investments from your emotion
if you love mcdonalds food doesn't mean the stock is a good buy, and vice versa
you can be anti vaccines and still buy moderna stock.
you can be a coin collector and lose money on every coin you buy
time to grow up and see that there are any number of reasons to do literally everything .
time to grow up and realize you are never going to buy at the precise bottom and sell at the precise top .
no one would believe you even if you did , or care probably
The ASE premium > @bronco2078 said:
But the ASE premium bubble was the biggest no brainer since the hunt bros attempted market manipulation corner.
I sold most of mine into it at my little antique booth. I didn't time it particularly well but i made extra money on all of the ones i sold because of that premium.
I didn't buy any so I didn't get scalped but I don't really have any left so I'm out.
I'll admit I don't understand why people would pay +10 over for an ASE but I am not a therapist and it really doesn't matter anyway.
You can say its a gutter metal but I had a good 6 months of selling into the uptrend. I'm happy and while I still have a bunch left its a much more condensed stack 90% mainly which will be easy to move when the time comes
what about silver apes?
Yeah, there's not much buzz about the apes these days. Does anyone follow the reddit dialog?
you are never going to buy at the precise bottom and sell at the precise top
If you listen to some people here, they do it all the time, no problemo.
the ASE premium bubble was the biggest no brainer since the hunt bros attempted market manipulation corner
I'll give you that.
I don't understand why people would pay +10 over for an ASE but I am not a therapist
There may be a time when buying at that premium makes sense, but by then it will probably be too hard to find hard money at any price. I remember leveraging into the price rise during 1978-1980, and every time I took that plunge, it was like diving off the high board - an adrenalin rush coupled with heightened awareness. Back then, I figured that I had maybe 40 years of future earnings to recover from a major blunder if things went south.
Today's analogy would be buying cryptos with serious money.
I knew it would happen.
Apes are alive and well.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
The silver eagle from APMEX tracked in this thread just saw a premium increase to 42% over spot. Gutter metal my a$$.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
.
Lol....and if spot was $1 and the premiums was $1 then it would be 100%. Would that be gutter or a$$?
Knowledge is the enemy of fear
He would love it. The guy seems to be obsessed with alvvays overpaying for gutter metal.
A tiny bump hopefully it continues. I have some paper gutter I need to dump so I can buy the real metal of kings shite. RWSTUP's!!! RGDS!
Looks like premiums at the wholesale level are ticking back up a bit.
Gutter for the most part continues the tick up. If you know any suckers paying +$8.35 on Eagles please send them this way. RGDS!
That random gutter eagle now carries a 55% premium at APMEX if paying with paypal or credit card. Oh, and don't forget to add the shipping cost. LOL.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Double LOL! LOL!!
And tax!