Is 90% silver readily available near you?

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Manorcourtman
Manorcourtman Posts: 8,472 ✭✭✭✭✭
in Precious Metals

I’m curious if other parts of the country are seeing a shortage of 90% at their local brick and mortar shops and at shows? My local BM guy can’t keep it stock here in Ohio. No one is coming in to sell any and the buyers are numerous when it’s available. What are you seeing around the country?

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  • blitzdude
    blitzdude Posts: 7,726 ✭✭✭✭✭
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    Plenty available here. The BIGS online are even offering to sell below spot for $100 FV bags. RGDS!

    The whole worlds off its rocker, buy Gold™.
    BOOMIN!™
    Wooooha! Did someone just say it's officially "TACO™" Tuesday????
    Retiring at 55, what day is today? :sunglasses:

  • Dave99B
    Dave99B Posts: 8,947 ✭✭✭✭✭
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    My local dealer (Seattle WA area) has quite a lot. He's been buying quite a bit over the counter, and often has to re-sell to the smelters once it builds up. I hate to see that as I don't want 90% melted down.

    Dave

    Always looking for original, better date VF20-VF35 Barber quarters and halves, and a quality beer.
  • rte592
    rte592 Posts: 2,235 ✭✭✭✭✭
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    @blitzdude said:
    Plenty available here. The BIGS online are even offering to sell below spot for $100 FV bags. RGDS!

    Vermilion Enterprise in Florida. YouTube

  • cladking
    cladking Posts: 30,314 ✭✭✭✭✭
    edited September 30, 2025 5:48AM
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    I don't think there is nearly as much as just a few years ago. Dealers used to keep enormous amounts in some cases especially when they thought prices were likely to increase. But now they ship it off and more importantly they often tend to keep buy prices so low that their customers are more likely to ship it off.

    Remember even if they keep the same value of metal a dollar's worth at $14 is a great deal more than at $46.

    No. The moment US investors quit selling silver will got through the roof because itis US investors working through their local coin shops that has supplied the shortfall between consumption and production for years now. There are no other net sellers other than mines.

    Jewelry stores are the same thing; they're keeping low inventories of US coin and bullion as well.

    tempus fugit extra philosophiam.
  • BearlyHere
    BearlyHere Posts: 303 ✭✭✭✭
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    @Manorcourtman said:
    I’m curious if other parts of the country are seeing a shortage of 90% at their local brick and mortar shops and at shows? My local BM guy can’t keep it stock here in Ohio. No one is coming in to sell any and the buyers are numerous when it’s available. What are you seeing around the country?

    Get it online. There's always at least one big deales selling at spot or below.
    https://sdbullion.com/kennedy-silver-half-dollars-10-dollar-face-value

  • CoinHoarder
    CoinHoarder Posts: 2,736 ✭✭✭✭✭
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    I am not sure about the current supply in my area. I have ben buying 90% for years. But at the current prices, I am not even looking to buy 90% or any other silver at this time.

  • jmski52
    jmski52 Posts: 24,011 ✭✭✭✭✭
    edited October 1, 2025 5:01AM
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    Several months ago, 90% silver was very plentiful. A dealer that I talked with recently said that he had plenty of silver (which might mean that nobody's buying it), but he also said that people are selling alot of gold now.

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • jdimmick
    jdimmick Posts: 9,992 ✭✭✭✭✭
    edited October 1, 2025 12:45AM
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    Tons of it around here, so much so you cant give it away.

    just go to show how different parts of the country are so different and what is selling and what isnt

  • cladking
    cladking Posts: 30,314 ✭✭✭✭✭
    edited October 1, 2025 7:00AM
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    @jdimmick said:
    Tons of it around here, so much so you cant give it away.

    just go to show how different parts of the country are so different and what is selling and what isnt

    Human perception is based on what the individual sees and varies far more by individual than geography. A dealer sees silver coming in and none going out then he has too much he has to ship it off to a refinery that pays less than melt because they are backed up and it seems the world is awash in 90%. But what he can't see is the vast quantities of silver that are being melted and the overall dishoarding of his customers and sellers.

    In a world that continually has less 90% he sees more than ever. This can't last and then he'll suddenly have the perception that 90% is scarce and refineries are paying a premium again.

    tempus fugit extra philosophiam.
  • ScarsdaleCoin
    ScarsdaleCoin Posts: 5,445 ✭✭✭✭✭
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    Think your dealer isnt buying it because he is short of cash and cant lay out because honestly there is too much coming out of the woodwork....if he needs more and if he is a real dealer he would have no trouble bringing it into his shop

    Jon Lerner - Scarsdale Coin - www.CoinHelp.com
  • logger7
    logger7 Posts: 9,870 ✭✭✭✭✭
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    It's the typical situation, lots of people thinking that it's a big boom cycle when frankly for honest dealers the profits and the business are more like community service than a real business. I even got a call looking for a job. People think their junk silver and Morgan dollars are now worth a lot more.

  • dcarr
    dcarr Posts: 10,266 ✭✭✭✭✭
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    Recent sales on eBay for small lots of 90% silver coin are selling for about 32 to 36 times face (about $34 on average)

    Moonlight Mint
  • toadstrangler
    toadstrangler Posts: 10,034 ✭✭✭✭✭
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    Not one near me has anything significant but the LCS’s in my area focus more on jewelry.

    COPPER is gutter !

  • Mike59
    Mike59 Posts: 424 ✭✭✭✭
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    Plenty of 90 in LCS in Monmouth County NJ. Selling $2 under spot. Couple of weeks ago he wasn’t even buying. I’m not a buyer at the current prices but have picked up some Vintage bars.
    Mike

    MIKE B.

  • coastaljerseyguy
    coastaljerseyguy Posts: 2,131 ✭✭✭✭✭
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    Live in same county. What was the offer price for them buying? My guy is in Wall but haven't visited in a while.

  • toadstrangler
    toadstrangler Posts: 10,034 ✭✭✭✭✭
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    @Mike59 said:
    Plenty of 90 in LCS in Monmouth County NJ. Selling $2 under spot. Couple of weeks ago he wasn’t even buying. I’m not a buyer at the current prices but have picked up some Vintage bars.
    Mike

    I’m from Monmouth County! I’ll have to PM you for sources next time I’m up in Joisey

    COPPER is gutter !

  • Mike59
    Mike59 Posts: 424 ✭✭✭✭
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    @coastaljerseyguy said:
    Live in same county. What was the offer price for them buying? My guy is in Wall but haven't visited in a while.

    It was Oct 31 and spot was at $49. and he was at $32.50 for half’s. Hadn’t been there for a while so I asked about 90%. I remember because he hadn’t been under spot for years. He had some 10 ounce bars at spot and a few were vintage. I’m a sucker for old stuff so I bought a few.
    Mike

    MIKE B.

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