@Nephasth said:
The Mint made out like a bandit this morning. Silver's at $59 an ounce and they unloaded nearly 200,000 ounces at $173 a pop.
I bought some bullion ASE this morning instead, thinking it was a better deal.
It's ALWAYS a better deal. 😆
You betcha! I didn't buy the dual-dated proof for my collection (but did get the Congrats since my Dad gave me the 1986 version all those years ago...I just thought it was fitting for its 40th anniversary)
The mint is rushing to dump overpriced silver on the unsuspecting public. Silver now below $60 per Oz. And they know it is going back to the $30 - $40 range. Buy if you want for yourself as for investment will be a major loss. 😢
" If you push something hard enough, it will fall over. " The 1st Law of Opposition from The Firesign Theater
@HATTRICK said:
The mint is rushing to dump overpriced silver on the unsuspecting public. Silver now below $60 per Oz. And they know it is going back to the $30 - $40 range. Buy if you want for yourself as for investment will be a major loss. 😢
While true, some big players were taking these in large numbers, most likely for hopeful grading purposes? Ebay pricing for the raw sets is already near a loss, so another 188,000 dumped into the mix won't help that improve. It will be a LONG time until (if) silver ever sees $173 an ounce.
@goldenboy89 said:
that's crazy. well i'm curious what these will sell for in a few years. I had a few of mine graded and it wasn't good.
Now that you mention that, when I went to see what the status of sales on Ebay has been lately, I found more than a handful being auctioned off with "milk spots", bringing $40-$100
Ouch! I had 3 graded and they each came back different. 68, 69, 70. I should have looked at them more closely before submitting, but I was in such a rush.
Comments
5900 a minute, on average. Large buys were made often. Somebody thinks they're hot....or will be again.
The Mint made out like a bandit this morning. Silver's at $59 an ounce and they unloaded nearly 200,000 ounces at $173 a pop.
I bought some bullion ASE this morning instead, thinking it was a better deal.
It's ALWAYS a better deal. 😆
All comments reflect the opinion of the author, even when irrefutably accurate.
You betcha! I didn't buy the dual-dated proof for my collection (but did get the Congrats since my Dad gave me the 1986 version all those years ago...I just thought it was fitting for its 40th anniversary)
The mint is rushing to dump overpriced silver on the unsuspecting public. Silver now below $60 per Oz. And they know it is going back to the $30 - $40 range. Buy if you want for yourself as for investment will be a major loss. 😢
While true, some big players were taking these in large numbers, most likely for hopeful grading purposes? Ebay pricing for the raw sets is already near a loss, so another 188,000 dumped into the mix won't help that improve. It will be a LONG time until (if) silver ever sees $173 an ounce.
i'm surprised these sold out again. i logged in late this morning expecting to see a huge ATS and a shiny red button to add to bag.
The ATS was quite large at 188,000, but it did sell out in 32 minutes with no HHL
that's crazy. well i'm curious what these will sell for in a few years. I had a few of mine graded and it wasn't good.
Now that you mention that, when I went to see what the status of sales on Ebay has been lately, I found more than a handful being auctioned off with "milk spots", bringing $40-$100
Ouch! I had 3 graded and they each came back different. 68, 69, 70. I should have looked at them more closely before submitting, but I was in such a rush.
At 500,000 about $10 over spot
All comments reflect the opinion of the author, even when irrefutably accurate.