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Should sellers of .900 fine silver demand a premium if their coins are Unc. or Proof?

291fifth291fifth Posts: 24,395 ✭✭✭✭✭
in Precious Metals
Since there has been no metal loss I would think such a demand would be appropriate.

What do you think?
All glory is fleeting.

Comments

  • 57loaded57loaded Posts: 4,967 ✭✭✭
    usually a larger quantity is weighed regadless

    it depends, silver proof coins '64 and before are usually melt unless they show signs of cameo
  • TheBigBTheBigB Posts: 942 ✭
    You are looking at 723.4(unc) oz vs 715.0(circulated) oz of silver per $1000(face), so you deserve about a 1% premium.
  • 291fifth291fifth Posts: 24,395 ✭✭✭✭✭


    << <i>You are looking at 723.4(unc) oz vs 715.0(circulated) oz of silver per $1000(face), so you deserve about a 1% premium. >>



    If the bag contains mostly AG-G coins there may have been as much as a 10% metal loss due to circulation.

    With silver at $45 an ounce I would think that it is time for .900 fine silver to be bought and sold strictly by weight and not by a "times face."
    All glory is fleeting.
  • TheBigBTheBigB Posts: 942 ✭


    << <i>If the bag contains mostly AG-G coins there may have been as much as a 10% metal loss due to circulation.

    With silver at $45 an ounce I would think that it is time for .900 fine silver to be bought and sold strictly by weight and not by a "times face." >>



    I agree that circulated may vary from the norm and that weight would be a better method.

    Although, some of the dealers I know don't have the proper scales to accurately weigh heavy items.
  • ttownttown Posts: 4,472 ✭✭✭
    Well one thing is for sure. When you can get some ASE W for around the price of a normal ASE then take it. It provides some downside insurance on a correction IMO.
  • JCMhoustonJCMhouston Posts: 5,306 ✭✭✭
    Good luck with changing the way the world works.
    JCM-Houston
    World Collection
    British Collection
    German States Collection
  • halfhunterhalfhunter Posts: 2,770 ✭✭✭
    $1000 bags are priced separately on the Greysheet . . . If that matters ? ! ? !

    HH
    Need the following OBW rolls to complete my 46-64 Roosevelt roll set:
    1947-P & D; 1948-D; 1949-P & S; 1950-D & S; and 1952-S.
    Any help locating any of these OBW rolls would be gratefully appreciated!
  • WingsruleWingsrule Posts: 3,020 ✭✭✭✭
    "Demand" and "receive" I think are two different things.
  • fivecentsfivecents Posts: 11,207 ✭✭✭✭✭


    << <i>Should sellers of .900 fine silver demand a premium if their coins are Unc. or Proof? >>

    As silver prices rise higher and higher the premium for "full silver metal" proofs and uncs will command a premium. That is a given.
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