What would be a fair trade, ASE's for $5 AGE's
1630Boston
Posts: 13,781 ✭✭✭✭✭
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 
Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb
Bad transactions with : nobody to date
1
Comments
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.
7.4 with $5 AGE @ $200 (puts value of the ASE's @ $27.03)
8 with $5 AGE @ $200 (puts value of the ASE's @ $25)
"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
Trading Gold Eagles for Silver Eagles? The Difference is Shocking!