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Silver pricing

ajaanajaan Posts: 17,022 ✭✭✭✭✭

Went to a local coin shop yesterday. The dealer was selling silver for $34/oz. Is this the typical price nowadays?


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Comments

  • tincuptincup Posts: 4,719 ✭✭✭✭✭

    Depends on what for. If for American Silver Eagles, a good price. Other wise appears to be about typical for these times.

    ----- kj
  • Jinx86Jinx86 Posts: 3,666 ✭✭✭✭✭

    Premiums are starting to come down just a bit on the wholesale side. Retail might be paying strong premiums for a while yet. Our website is showing around 29-30/oz, however silver eagles are still way up there.

    On a coin BST page on FB people were bidding up 2021 T2 ASE's to 50+shipping.

  • ashelandasheland Posts: 22,543 ✭✭✭✭✭

    We've been selling generic 999 bars and rounds at $32/oz and Eagles (back dates) at $35
    However, I've seen that premiums are slowly starting to drop.

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    I think the silver rollercoaster is coasting right now... Not sure if a big dip or steep climb comes next.... Just be assured that 'something' will happen.... :D;) Cheers, RickO

  • blitzdudeblitzdude Posts: 5,263 ✭✭✭✭✭

    Premiums are dropping like clockwork. It was easily predictable.

    The whole worlds off its rocker, buy Gold™.

  • derrybderryb Posts: 36,006 ✭✭✭✭✭
    edited July 18, 2021 6:28AM

    @blitzdude said:
    Premiums are dropping like clockwork. It was easily predictable.

    $38.74 for a single random year ASE at APMEX. Premiums are not dropping at all. Retail prices are simply pulling back in step with lower spot prices. Premiums remain the same. You need to read the instructions that came with your crystal ball.

    "Do you hear alarm bells ringing? Neither do I. And that’s a huge problem." - Simon Black

  • blitzdudeblitzdude Posts: 5,263 ✭✭✭✭✭

    Yup i forgot apmex sets the market. :roll You ought to check out their current buy prices.. lol

    The whole worlds off its rocker, buy Gold™.

  • derrybderryb Posts: 36,006 ✭✭✭✭✭

    changing the topic to buy prices does not move your claim that "premiums are dropping like clockwork" any closer to reality.

    "Do you hear alarm bells ringing? Neither do I. And that’s a huge problem." - Simon Black

  • crazyhounddogcrazyhounddog Posts: 13,743 ✭✭✭✭✭
    edited August 4, 2021 9:20AM

    If you’re in it for the long term just throw all a this crap out the window. Cause it just doesn’t matter. IF silver and gold goes way down like some predict I’ll just buy more🤠🇺🇸
    Happy hunting, or, stacking.

    The bitterness of "Poor Quality" is remembered long after the sweetness of low price is forgotten.
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