Is Silver next?

[DoggyDaddy]

Just bought when spot hit $23.83. 8 "Prospector series" silver rounds from Provident at $27.28 each.

Just went to $23.98...you missed out!

Nope! ^^^ But I did buy a little early. Spot dropped to 23.70. Back to 23.79 as I type this.

 

[DoggyDaddy]

Yep, bought too early. Now down to 23.48 spot, 26.92 each for the coins.

DoggyDaddy and @teddy12b - Making silver affordable again.

 

[teddy12b]

Yep, bought too early. Now down to 23.48 spot, 26.92 each for the coins.

DoggyDaddy and @teddy12b - Making silver affordable again.

Post a link to what you bought and I'll make the price dip even more. Some day I'll make a good investment.

 

[DoggyDaddy]

Post a link to what you bought and I'll make the price dip even more. Some day I'll make a good investment.

Well not now! I'll wait until I'm thinking about ordering again.

 

[DoggyDaddy]

Right now I'm down 33 cents per round from what I paid this morning. Glad I only bought 8.

1 oz Silver Prospector Series Sheriff Round - Provident Metals

Buy 1 oz Silver Prospector Series Sheriff Round from Provident Metals. FREE Shipping on orders over $199. Call us at 800-313-3315.

www.providentmetals.com

 

[jsharmon7]

Right now I'm down 33 cents per round from what I paid this morning. Glad I only bought 8.

1 oz Silver Prospector Series Sheriff Round - Provident Metals

Buy 1 oz Silver Prospector Series Sheriff Round from Provident Metals. FREE Shipping on orders over $199. Call us at 800-313-3315.

www.providentmetals.com

You’ve lost a cheeseburger in less than a day!

 

[DoggyDaddy]

You’ve lost a cheeseburger in less than a day!

I know, right?!?

 

[BigRed]

I am still amazed at the spread between the spot price and what folks are asking for Silver Eagles.

Normally the spread would be about $2; maybe $3 max. I am seeing it at $8 or more when in stock.

Crazy

 

[DoggyDaddy]

I am still amazed at the spread between the spot price and what folks are asking for Silver Eagles.

Normally the spread would be about $2; maybe $3 max. I am seeing it at $8 or more when in stock.

Crazy

Especially when other sovereign coins (Britannias, Krugerands, etc.) can be had for only about a dollar more than a generic silver round. It's just silver. Just because it's an "American" silver coin doesn't make it any more valuable (IMHO) than other sovereign coins. Just a demand thing I think.

 

[snorko]

I am still amazed at the spread between the spot price and what folks are asking for Silver Eagles.

I keep track of my paltry pile on a spreadsheet on which I also track the spot prices and calculated Ag/Au ratios. When the premiums got out of hand I added a gold to silover ratio calc based on U.S. Eagles and Can. Maple Leafs. So as the spot ratio is something crazy in the mid 70s, the coin ratios is down around 60 or so.

Especially when other sovereign coins (Britannias, Krugerands, etc.) can be had for only about a dollar more than a generic silver round. It's just silver. Just because it's an "American" silver coin doesn't make it any more valuable (IMHO) than other sovereign coins. Just a demand thing I think.

Agreed. I bought a few Eagles a while back just to get some 2021 type 2s. Otherwise it's been mostly Britannias and Philharmonics.

 

[snapping turtle]

I just get the rounds mainly. Right at pandemic start get a few grand worth at 18.20 added some more at 20 ish. Saw it rise a lot fall back and got more at 25 each.

Get them local coin dealer. I think I have a maple leaf and a silver eagle but just because I splurged on the extra or he had a couple out and had the cash on me.

I have a few that you can make change with chipping off squares like a candy bar.

I have a few gun guns that like to sell a nice gun for silver rounds. Nice to have them or cash to offer up.

 

[Magneto]

I picked up 3 backdated eagles and a 90% half dollar today. It never seems like enough. I also have started buying stock in silver mining companies. No wonder I don't have any money right now.

 

[ancjr]

I like 90% but it's not a cheap way to buy silver.

 

[DoggyDaddy]

Just bought when spot hit $23.83. 8 "Prospector series" silver rounds from Provident at $27.28 each.

Now these rounds are 27.46. I'm rich!! Rich I say!!

 

[jsharmon7]

Now these rounds are 27.46. I'm rich!! Rich I say!!

This roller coaster of emotions is too much for my heart to take!

 

[DoggyDaddy]

Silver up over 25 now... Gold almost to 1850.




Don't know what happened around 8 a.m. today but that's when things started taking off.

 

[snorko]

And now about $1,869.49 & $25.36. I think gold will settle down some but I hope silver is beginning a moderate run. Crazy that the cheapest 1oz round is over $29 when buying 20 or more.

 

[76Too]

Silver up over 25 now... Gold almost to 1850.

View attachment 167146
View attachment 167147

Don't know what happened around 8 a.m. today but that's when things started taking off.

Consumer Price Index released much higher than expected

 

[76Too]

And now about $1,869.49 & $25.36. I think gold will settle down some but I hope silver is beginning a moderate run. Crazy that the cheapest 1oz round is over $29 when buying 20 or more.

I hope you’re wrong. I want one more good buying opportunity for silver because I hesitated the last dip.

 

[DoggyDaddy]

Consumer Price Index released much higher than expected

That makes sense!