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problem with coin/silver dealers...
In Response To: Buy! ()

The dealers who bought in at $17 an ounce (and higher) can't sell at $14, and they are having problems finding sellers at below melt.
Guys like me are holding on to their junk silver, hoping the market returns to $20-40 an ounce, lol, it may be years.

To make it casino related:

The $7 silver strikes are 0.65 ounces of silver, making their melt value around $9, adding a premium for the collectible, and maybe you can buy/sell at $12-15.

The $10 silver strikes are 0.60 ounces of silver, making their melt value around $8.50.

I think Archie said it... collect/buy what you like and you won't regret the price you pay.

Messages In This Thread

Silver value
Buy!
Re: Buy!
problem with coin/silver dealers...

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