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what would you....

PostPosted: Tue Jun 04, 2013 3:43 pm
by stlouiscoin
what would you pay? for 90%? ase? .999?

with the drop in silver I'm trying to get a gauge on the market right now.

Re: what would you....

PostPosted: Tue Jun 04, 2013 4:08 pm
by JobIII
I would always try to buy below melt.

Re: what would you....

PostPosted: Tue Jun 04, 2013 4:29 pm
by theo
JobIII wrote:I would always try to buy below melt.


That would be great, however many of the online dealers are still paying above spot albeit less so than before.

If you mean from dealers, the best price I've been able to find on 90% is 18 Xs face. I might pay 20 if it was somthing I really wanted. Also you can get silvertowne 1 ounce bars for $26 shipped, so I doubt I would pay more for any other .999 generic. I'd probably pay $28 for new 2013 ASE, but I would try to get it for $27. If it was a private sale I'd probably pay around spot for 90% and maybe a little more .999 and ASEs.

The premiums are still out there, but the longer that AG stays below $23 the more they will fall. If silver stays low (or goes lower still*) the rest of the Summer, then buying from dealers at melt might be a possibility.

*BTW, if silver hits $18 I'm holding Rodebaugh personally responsible! ;)