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LCS melting 90% again

PostPosted: Mon May 26, 2025 11:49 am
by Cu Penny Hoarder
Good, it makes all mine more rare! :thumbup: :lol:

Silver is hated again at $33oz.

FF to 3:35 min...

https://www.youtube.com/watch?v=jaYnq0ZcEz4&ab_channel=VermillionEnterprises

Re: LCS melting 90% again

PostPosted: Tue May 27, 2025 8:11 am
by Robarons
Interesting video. This has been happening here too, we have been dumping 90% to local dealers at 22x and their melting it down. No one is buying the stuff.

Re: LCS melting 90% again

PostPosted: Wed May 28, 2025 9:34 am
by franklin
Hard to imagine they can't sell it at spot. Apmex and others have really come down, premium-wise but not to spot.

Re: LCS melting 90% again

PostPosted: Wed May 28, 2025 9:37 am
by tdtwedt
franklin wrote:Hard to imagine they can't sell it at spot. Apmex and others have really come down, premium-wise but not to spot.



90% at spot today at APMEX...

https://www.apmex.com/product/16485/90- ... value-roll

Re: LCS melting 90% again

PostPosted: Wed May 28, 2025 9:49 am
by franklin
Hmmm. Thanks. Was perusing bags earlier and didn't see this.

Re: LCS melting 90% again

PostPosted: Wed May 28, 2025 10:28 am
by Cu Penny Hoarder
The best time to buy is when it's HATED, not when it's making all time highs.

Same LCS dealer above now reports dealers are starting to melt cull Morgan and Peace dollars :cry: