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Re: With current spot prices, is pre 33 gold at risk of being melted?
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Re: With current spot prices, is pre 33 gold at risk of being melted?
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Re: With current spot prices, is pre 33 gold at risk of being melted?
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Re: With current spot prices, is pre 33 gold at risk of being melted?
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Re: With current spot prices, is pre 33 gold at risk of being melted?
I did not think that this was going to happen until today. We sold 20 PCGS graded 10$ Indians and 20 PCGS 10$ Liberties all common dates from 61 to 63 and we went to 4 shops and no one wanted to pay more than melt. It was not until today did I believe we were at risk of an 80's style melt. It was an eye opening. J Fwiw we… -
With current spot prices, is pre 33 gold at risk of being melted?
Spot has breached $2300, and the premiums on bullion grade pre 33 have basically evaporated. Raw libs and saints are being traded at melt, and even graded 63 and 64 generic saints are trading right around melt or a tad more. Pretty much everyone I talk to seems to be exiting their gold positions, and from what I understand…
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