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How much for a "Bag" of Circulated Silver.....??

I assume that a Bag is $1000 face. Is is just 1000 X melt?

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  • airplanenutairplanenut Posts: 22,148 ✭✭✭✭✭
    Probably $2500- most dealers I know pay 2.5x face
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  • 1000 x melt or a little more.. unless like dealers you get it wholesale.
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  • The Wall Street Journal actually lists the prices each day under the cash prices section of the commodities. Today they appear on Pg. C12 and the range for Weds was $3,502 to $3,537. Those are probably more accurate prices, and even though dealers may offer less, it's usually for smaller odd lot quantities. You may look at the low and take some discount from that depending on the quality of the coins. Hope this helps.

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