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does the runup in silver/gold prices .....

OnedollarnohollarOnedollarnohollar Posts: 2,035 ✭✭✭✭
in U.S. Coin Forum
With the tremendous runup in pm pricing I've noticed that common silver coins (i.e. Morgan dollars) in ms grades are going for about double the metal value. My question is, do these trends always hold true? In other words, is there always an equal rise on coin values to pm values? Hope that makes sense.....

Comments

  • bidaskbidask Posts: 14,031 ✭✭✭✭✭
    no I don't think there is.
    I manage money. I earn money. I save money .
    I give away money. I collect money.
    I don’t love money . I do love the Lord God.




  • RedTigerRedTiger Posts: 5,608 ✭
    No, there is no set ratio. Premium over melt value will vary depending on supply and demand. Bullion coins have gone up way faster than most collector coins, including silver ones.

    Investment blog: gold, stocks and more
  • ANACONDAANACONDA Posts: 4,692 ✭
    Premium over melt may just be catching up to the rise in precious metals prices.
  • scottgardenerscottgardener Posts: 1,205 ✭
    The spread tends to fluctuate, and usually precious metal prices rise first, followed by a four to six month lag before semi-numismatic graded generics follow. The same trend also occurs with gold, and there are those who time these fluctuations to build up gold reserves just by a series of trades.
    Improperly Cleaned, Our passion for numismatics is Genuine! Now featuring correct spelling.

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