Is Silver next?

[ancjr]

The fact that the gold buyback is that close to spot and the silver looks slightly over spot may speak to the current and future supply for retail.

While the spot price continues to decline?

 

[snorko]

While the spot price continues to decline?

I know, right? The market is hinky.

 

[DoggyDaddy]

 

[spencer rifle]

Well, that was strange. I ordered 3x20 Corona Austrians earlier yesterday from SD and no tax was charged. Then I ordered more of the same later the same day, and tax was charged. Here is their answer to my inquiry:



Their guide says Indiana charges tax accordingly:



So the .995 purity cutoff applies, but why did it apply to the second order and not the first? On the same day?! I have asked and will let you know what they say.

Their explanation, finally, is that is was a mislabeling on their part. If you are ordering online be aware that certain items will be taxed, if not now, then possibly in the future. And you may not find out until you are nearly finished with your order.

Markets are taking a mighty leap downward this morning.

 

[DoggyDaddy]

I bought too early.

 

[spencer rifle]

I bought too early.

Didn't we all.

 

[1775usmarine]

Has anyone ever organized a group buy of silver here before? I keep watching and know the mints need to make some but in my situation can't always buy enough for free ship and get my military discount for the lowest price

 

[snorko]

Not sure it would appeal to a lot of folks. Provident's $199 base for free shipping is not too difficult to meet for regular monthly of bimonthly purchases. I can see it being an impediment for quick small purchases on the dip which would be more frequent. But that necessary fast action to take advantage of a dip makes coordination of a group buy almost impossible.

I could see it if the premiums dropped off more but I just looked on Provident and the difference between a single silver Eagle and a monster box of 500 is $1.52/coin.

 

[1775usmarine]

Not sure it would appeal to a lot of folks. Provident's $199 base for free shipping is not too difficult to meet for regular monthly of bimonthly purchases. I can see it being an impediment for quick small purchases on the dip which would be more frequent. But that necessary fast action to take advantage of a dip makes coordination of a group buy almost impossible.

I could see it if the premiums dropped off more but I just looked on Provident and the difference between a single silver Eagle and a monster box of 500 is $1.52/coin.

Yeah I figured that. The premium would have to be worth it especially if the market settled for a while and the mints caught up. Going through a divorce does make it a bit harder but Im glad to be able to use my military service to my advantage to get the cheaper price even if I can only by 2 or 3 oz at a time.

I've got 10oz since I started my journey after the free copper round a member was offering.

 

[DoggyDaddy]

Just ordered 8 of these @ 26.97 each.

1 oz Silver Buffalo Round New, MintMark SI | Sunshine - Provident Metals™

Buy 1 oz Silver Buffalo Round New, MintMark SI by Sunshine from Provident Metals. FREE Shipping on orders over $99. Call us at 800-313-3315.

www.providentmetals.com

 

[snorko]

Just ordered 8 of these @ 26.97 each.

1 oz Silver Buffalo Round New, MintMark SI | Sunshine - Provident Metals™

Buy 1 oz Silver Buffalo Round New, MintMark SI by Sunshine from Provident Metals. FREE Shipping on orders over $99. Call us at 800-313-3315.

www.providentmetals.com

Good deal. I ordered eight of them last Friday and paid $27.47 each. Mainly ordered them to save $8 shipping on some coin capsules so still worth it.

 

[DoggyDaddy]

Good deal. I ordered eight of them last Friday and paid $27.47 each. Mainly ordered them to save $8 shipping on some coin capsules so still worth it.

They're up to $27.59 now. I finally timed it right for a change!

 

[DadSmith]

Is this a good thread to watch for good deals on silver?
I'm thinking about stocking up on it for inheritance for my children and grandchildren.

 

[2in1evtime]

Is this a good thread to watch for good deals on silver?
I'm thinking about stocking up on it for inheritance for my children and grandchildren.

Sometimes it is a few will post present deals, prices have been dipping all week, but the spot is the deal breaker for me most of the time

 

[DoggyDaddy]

Is this a good thread to watch for good deals on silver?
I'm thinking about stocking up on it for inheritance for my children and grandchildren.

This is the site I use to monitor prices (spot prices):

Live Gold Prices | Gold News And Analysis | Mining News | KITCO

KITCO Covers The Latest Gold News, Silver News, Live Gold Prices, Silver Prices, Gold Charts, Gold Rate, Mining News, ETF, FOREX, Bitcoin, Crypto, Stock Markets

www.kitco.com

This is the site I buy from most of the time (free shipping over $199, no sales tax):

Buy Silver & Gold Online - Coins & Bullion - Provident Metals

Provident Metals

www.providentmetals.com

Here are some other sites to check for deals as well:

Precious Metals Dealer | Buy Gold and Silver

Buy Gold, Silver, Platinum & Palladium Bullion online at APMEX.com. Find rare numismatic coins & currency with fast, free shipping on orders +$199. Shop - APMEX

www.apmex.com

Buy Silver Coins, Silver Bullion and Buy Gold | Gainesville Coins ®

Gainesville Coins ® Offers Wholesale Pricing On Silver Coins, Silver Bars, Silver Bullion And Gold. Buy Silver And Gold Online, Or Call (813) 482-9300.

www.gainesvillecoins.com

Bullion Exchanges | Buy Gold and Silver | Free Shipping

Live Gold and Silver Prices in USA. Bullion Exchanges - Your Precious Metals Retailer. Types: Gold, Silver, Platinum, Palladium, Rare Coins and Bars.

bullionexchanges.com

Buy Gold and Silver Bullion Online | BGASC™

Buy Gold and Silver Bullion Online at BGASC. FREE Shipping on $199+ Orders. Immediate Delivery - Call Us 888-992-4272.

www.bgasc.com

Build your wealth in ounces

We Offer Gold and Silver Coins, Rounds, Wafers and Bars including Silver Maple Leaf and Gold Maple Leaf coins

silvergoldbull.com

Buy Gold & Silver Bullion Online | Free Shipping - JM Bullion

Buy Gold, Silver, and Platinum bullion online at JM Bullion. FREE Shipping on $199+ Orders. Immediate Delivery - Call Us 800-276-6508 - BBB Accredited.

www.jmbullion.com

Precious Metals Dealer | Buy Gold & Silver Online - SD Bullion

Buy Gold, Silver & Platinum Bullion Coins and bars online at the trusted leader in precious metals. Fast, free secure shipping with the lowest prices online.

sdbullion.com

 

[lrdudley]

I have used Golden State Mint several times.
https://www.goldenstatemint.com/

 

[spencer rifle]

JM and Provident are really the same place.
I find that SD and Silvergoldbull tend to have the lowest prices, but you have to shop around.

 

[DoggyDaddy]

JM and Provident are really the same place.
I find that SD and Silvergoldbull tend to have the lowest prices, but you have to shop around.

That's right, I keep forgetting about JM and Provident. I think SD and Silvergoldbull charge tax though IIRC. I think I found that all things considered it was pretty much a wash.

 

[snorko]

Both SD & Provident have Deals sections that update regularly. I used to be strictly a Provident buyer but now look primarily at the two above. I have had great service from both. Unless I am wanting a specific coin, bar or round, I will open a tab for each and fill both carts to see which is cheaper. It goes back and forth.

 

[spencer rifle]

Just arrived from SD: 20 Corona Austrians 1/5 oz each