By - Led_Zeppole_73
Premiums eating up the difference. Same ‘ol same ‘ol.
I’ve been eyeing a roll of 20 reverse proof buffalo from Asahi mint. They look absolutely gorgeous.
Price dipped below $500 per roll, so I finally pulled the trigger. Just ordered on bullion exchange.
Ohhhh reverse buffalo rounds you say. I'm interested.
Here is the link:
I have been eyeballing some Morgan rounds /same price as buffalo $23.85 is the lowest I have found unless buying more than 4 rolls ..I guess buying silver is like investing in stocks ..either you do it now or lose out there is no right time to start ..😎🍻.
Yet buffalos are still $27 on APMEX…
You can buy a roll of 20 APMEX rounds on Walmart.com right now for only $465.80 / 23.29 per round. Free shipping w/ no added fee for credit card.
Just FYI to buyers they ship priority mail with no signature on delivery.
Generally speaking, the lower the spot price, the higher the premiums on physical silver.
For example, when it hit $12 during the quarantine, it was virtually impossible to purchase any for that price.
how much were they selling it for
I was buying ‘64 Kennedy halves in March 2020 for 12 x face.
Junk silver is not a good measure of premiums though.
You’re right, I‘ve never paid a buck over spot.
Before or after the price plummeted? That works out to $16.60/ ounce, so roughly a 33% premium if after.
Yep, not too bad when the shelves were bare.
I seem to recall it being around $20 an ounce on average.
Maaaaaaaaan. I remember! I was pissed but what was the point of a dip when everything is out of stock? Even the massive bars were gone.
Hence why everyone says that the spot price and the physical price are two completely different things.
Speaking in general, you typically can’t buy or sell silver for spot. There are almost always premiums involved in either end.
Spot price not reflective of coin price. ASE still $34. Other bullion coins not budging in price on the main sites. Sure you can get some ugly generic rounds for cheaper but that's about it.
Will American Eagles ever drop? They are a horrible investment aren’t they? I don’t want that to be true but it seems it is.