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What would be a fair trade, ASE's for $5 AGE's

1630Boston1630Boston Posts: 13,900 ✭✭✭✭✭
in Precious Metals

How many BU ASE's would you offer for BU $5 AGE's?
and
How many BU ASE's would you accept for BU $5 AGE's?
Just curious :)

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Comments

  • RobMRobM Posts: 562 ✭✭✭
    edited November 11, 2022 12:29PM

    Assuming that this was a private party transaction and was intended to be optimally fair to both parties? The 1/10oz AGE/1oz ASE ratio would be right at 6.75 at today's prices. So in an even trade with just whole coins taking place, one would be trading multiples of 27 ASEs for 4-$5 AGEs, and vice versa. Interestingly, the buy/sell percentage spreads from dealers is nearly identical on both coins which makes it easier to come up with a realistic trade proposition.

  • derrybderryb Posts: 37,141 ✭✭✭✭✭
    edited November 11, 2022 9:24PM

    @1630Boston said:
    How many BU ASE's would you offer for BU $5 AGE's?

    7.4 with $5 AGE @ $200 (puts value of the ASE's @ $27.03)

    and
    How many BU ASE's would you accept for BU $5 AGE's?

    8 with $5 AGE @ $200 (puts value of the ASE's @ $25)

    Repetition of ignorance is ignorance raised to the power two.

  • CoinHoarderCoinHoarder Posts: 2,604 ✭✭✭✭✭

    Trading Gold Eagles for Silver Eagles? The Difference is Shocking!

    https://www.youtube.com/watch?v=uckPvhQji-8

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