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Silver prices

lunytune2lunytune2 Posts: 1,077 ✭✭✭
in Precious Metals
What is the average buy price for common 90% silver coins ?

Comments

  • gecko109gecko109 Posts: 8,231 ✭
    Questions like this are tremendously flawed. The "buy" price varies greatly depending on several factors, most importantly who is buying in your area? A 1 shop town will have very low prices to a town with 4 or 5 shops. Conversley, the average buy price in Chicago may differ considerably than that of Miami. Just take the current spot value of silver and multiply it by .715 to get melt value as expressed in multiple of face value. For example, if silver is at $17.50/oz, then its 12.5x face. Hope this helps a bit.
  • nam812nam812 Posts: 10,583 ✭✭✭✭✭
    It was also explained to me in another thread to do:

    face X spot X .715

    Cool website that helped me also
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