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This is strictly my experience and opinion

Ted, pretty much every $200 is going in the $425 to $450 range shipped nowadays. There are only a handful that are worth significantly more than that, and those are the ones that were worth more than that when silver was $12 an ounce, like the TI Siren, Caesar's Palace LV, Caesar's Tahoe, Bally's four line, Fitzgerald's Reno, strikes like that.

Everything that was worth $450 before is still worth $450, everything that was worth $225 on up to $400 before is now worth about $425 to $450. So the people who scored are the ones who collected all the common $200s that they got for $225 to $250 each.

Again, silver can dive $10 an ounce in a heartbeat, or it can raise $10 an ounce in a heartbeat, so the whole situation may change weekly.

There's no money to be made anymore in buying and selling silver strikes, you are better off with one ounce bullion rounds, way higher resale premium. One ounce rounds are selling in the high $40s low $50s, while most strikes are selling at bullion value. You can buy one ounce rounds a little over spot and sell them significantly higher. You can barely buy strikes under spot anymore and they sell for the same price. The silver value of strikes has priced them too high. I'm already wrapping it up and probably within 2 to 3 weeks I will no longer be dealing in silver strikes anymore. It's been fun for the most part, but time to move on.

Dave.
SS-1232

Messages In This Thread

What are the best $200 Palms
Re: What are the best $200 Palms
Re: What are the best $200 Palms
However, having said that ....
I guess silver melt is the value. ....
Re: I guess silver melt is the value. ....
This is strictly my experience and opinion
Good Point Dave But
Re: This is strictly my experience and opinion
Re: This is strictly my experience and opinion

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