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90% junk silver vs 99.9 rounds.

PostPosted: Thu Feb 01, 2018 3:32 am
by biglouddrunk
So I just purchased a bunch of rounds for 29 cents over spot from ampex. Why is it that 90% seems to be selling for a larger premium than rounds? Perhaps I just got a good deal on the rounds, but it seems strange.

Re: 90% junk silver vs 99.9 rounds.

PostPosted: Thu Feb 01, 2018 9:06 pm
by Bigjohn
All about supply and demand, premiums shift constantly. I’ve seen 90% fetch 20% over spot, I’ve seen it sell under spot. I’ve seen 90% premiums be higher than generics, seen them lower as well. Buy what you like, shop for the deals, diversify. Personally, I prefer 90% but also keep generics on hand

Re: 90% junk silver vs 99.9 rounds.

PostPosted: Thu Feb 01, 2018 9:55 pm
by natsb88
Provident has 90% at melt, no minimum, free shipping over $99.

https://www.providentmetals.com/90-junk ... unces.html

90% at/under melt here: viewtopic.php?f=28&t=41857

Some more on BullionStacker too.

Re: 90% junk silver vs 99.9 rounds.

PostPosted: Thu Feb 01, 2018 11:34 pm
by Recyclersteve
Everyone is different, but I like 90% more than .999 rounds. How can you tell if the rounds are counterfeit or not? With 90% junk silver, I can do the good old fashioned drop test to authenticate. Silver has a distinct sound and it is different for bigger coins (i.e., rounds) than it is for, say dimes or quarters.

Re: 90% junk silver vs 99.9 rounds.

PostPosted: Fri Feb 02, 2018 4:46 am
by biglouddrunk
Bigjohn wrote:All about supply and demand, premiums shift constantly. I’ve seen 90% fetch 20% over spot, I’ve seen it sell under spot. I’ve seen 90% premiums be higher than generics, seen them lower as well. Buy what you like, shop for the deals, diversify. Personally, I prefer 90% but also keep generics on hand
. Thanks for the info. I have some of both. The rounds are my investment silver to possibly sell when the price is high, my 90% is what I hold onto.

Re: 90% junk silver vs 99.9 rounds.

PostPosted: Thu Feb 15, 2018 2:26 am
by biglouddrunk
I faired ok on the big batch of silver rounds I got. They were supposed to be from the secondary market, but they were all brand new. All came from RMC which seems to have a pretty reputation. They all came in tubes.

Re: 90% junk silver vs 99.9 rounds.

PostPosted: Tue Mar 20, 2018 2:05 pm
by Cu Penny Hoarder
biglouddrunk wrote:So I just purchased a bunch of rounds for 29 cents over spot from ampex. Why is it that 90% seems to be selling for a larger premium than rounds? Perhaps I just got a good deal on the rounds, but it seems strange.



90% junk at 0.29 cents at Apmex right now.

What a gift! :mrgreen: :thumbup:

Re: 90% junk silver vs 99.9 rounds.

PostPosted: Sun May 06, 2018 9:12 pm
by maxwellsilverhammer
constitutional coinage is my favorite especially the older designs. love the dollars but do not like the premiums normally charged these days. going for the halfs mostly these days when i can still get them at melt. coin shows are a great place to buy 90% at melt in bulk.

Re: 90% junk silver vs 99.9 rounds.

PostPosted: Thu Jul 19, 2018 3:15 pm
by Cu Penny Hoarder
Once again....

90% junk at 0.29 cents over spot at Apmex right now.

They are practically giving the stuff away. Get it while you can.
:thumbup: :thumbup: :thumbup: