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My visit to the B&M coin store today

Musky1011Musky1011 Posts: 3,899 ✭✭✭✭
in Precious Metals
they are PAYING 9.5X face for 90% silver coins

Didn't sell them any

Just bought a 2009 ASE

Pilgrim Clock and Gift Shop.. Expert clock repair since 1844

Menomonee Falls Wisconsin USA

http://www.pcgs.com/SetRegistr...dset.aspx?s=68269&ac=1">Musky 1861 Mint Set

Comments

  • CaptHenwayCaptHenway Posts: 32,230 ✭✭✭✭✭


    << <i>they are PAYING 9.5X face for 90% silver coins

    Didn't sell them any

    Just bought a 2009 ASE >>



    Was that before or after silver plunged by 64 cents per ounce?
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • Coll3ctorColl3ctor Posts: 3,339 ✭✭✭


    << <i>Was that before or after silver plunged by 64 cents per ounce? >>




    What does that change in todays market ?
  • GeomanGeoman Posts: 2,491 ✭✭✭
    That seems about right - at a show this past weekend dealers were paying between 10.3 - 10.65 x face. Melt was 10.3 x face and I did ask why they were just paying melt. They said the premimums over melt had dropped in the last week. With the price of silver going down this week, from Friday's close of $14.49, 9.5 x face seems in line. I actually sold $250 on Sunday at the show (got 10.65 x face) and was happy to hit a peak. image
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