lets say silver goes to......

Comments

• Julian Posts: 3,370 ✭✭✭

  August 30, 2005 7:26AM

  It may go up a little, but since the coin only will have less than $8 worth of silver, I doubt that you will see much difference in the price.

  PNG member, numismatic dealer since 1965. Operates a retail store, also has exhibited at over 1000 shows.
  I firmly believe in numismatics as the world's greatest hobby, but recognize that this is a luxury and without collectors, we can all spend/melt our collections/inventories.
  
  eBaystore

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• JJM Posts: 8,121 ✭✭✭✭✭

  August 30, 2005 7:30AM

  thats kinda what I thought too

  👍BST's erickso1,cone10,MICHAELDIXON,TennesseeDave,p8nt,jmdm1194,RWW,robkool,Ahrensdad,Timbuk3,Downtown1974,bigjpst,mustanggt,Yorkshireman,idratherbgardening,SurfinxHI,derryb,masscrew,Walkerguy21D,MJ1927,sniocsu,Coll3tor,doubleeagle07,luciobar1980,PerryHall,SNMAM,mbcoin,liefgold,keyman64,maprince230,TorinoCobra71,RB1026,Weiss,LukeMarshall,Wingsrule,Silveryfire, pointfivezero,IKE1964,AL410, Tdec1000, AnkurJ,guitarwes,Type2,Bp777,jfoot113,JWP,mattniss,dantheman984,jclovescoins,Collectorcoins,Weather11am,Namvet69,kansasman,Bruce7789,ADG,Larrob37,Waverly, justindan

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• PerryHall Posts: 47,423 ✭✭✭✭✭

  August 30, 2005 7:34AM

  The market forces that would drive up silver and gold would also drive up the prices of rare coins. They are all tangible assests after all. War, inflation, etc could cause this senario.

  Worry is the interest you pay on a debt you may not owe.
  "Paper money eventually returns to its intrinsic value---zero."----Voltaire
  "Everything you say should be true, but not everything true should be said."----Voltaire

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• cladking Posts: 29,830 ✭✭✭✭✭

  August 30, 2005 7:53AM

  There is a complicated psychological relationship between the price of a
  commodity and things made from it. The only direct relationship on a $50
  Morgan would be if silver exceeded about $70 per ounce at which point
  it would have to go up. At lower prices your guess is as good as anyone's
  and mine isn't there'd be little or no impact until silver hit about $25.
  
  There are too many variables though it seems unlikely history will repeat
  like in the '70's where such coins seemed to keep a close correlation with
  silver price. This was caused by the massive profits dealers were making
  by brokering silver between the public and agents for the long futures con-
  tracts. The public no longer has large amounts of silver so this is unlikely
  to reoccur.

  tempus fugit extra philosophiam.

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• tincup Posts: 5,475 ✭✭✭✭✭

  August 30, 2005 7:54AM

  Hmmm.... I think $10 silver may be a little premature. After todays precious metals performance, looks like silver is wheezing on it's uphill climb.....
  
  But in spirit of your question, I think the Morgans will increase also. Not very high though.

  ----- kj

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• JJM Posts: 8,121 ✭✭✭✭✭

  August 30, 2005 7:56AM

  $10 was just throwing a # out there for the sake of the question.....

  👍BST's erickso1,cone10,MICHAELDIXON,TennesseeDave,p8nt,jmdm1194,RWW,robkool,Ahrensdad,Timbuk3,Downtown1974,bigjpst,mustanggt,Yorkshireman,idratherbgardening,SurfinxHI,derryb,masscrew,Walkerguy21D,MJ1927,sniocsu,Coll3tor,doubleeagle07,luciobar1980,PerryHall,SNMAM,mbcoin,liefgold,keyman64,maprince230,TorinoCobra71,RB1026,Weiss,LukeMarshall,Wingsrule,Silveryfire, pointfivezero,IKE1964,AL410, Tdec1000, AnkurJ,guitarwes,Type2,Bp777,jfoot113,JWP,mattniss,dantheman984,jclovescoins,Collectorcoins,Weather11am,Namvet69,kansasman,Bruce7789,ADG,Larrob37,Waverly, justindan

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