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Eagles still in 20's
Just got back from a local coin show here in south florida. Spot on silver was 16.36 this weekend(according to kitco). To my(almost) amazemnt silver eagles were still anywhere between 19 and 24 dollars each. I picked a few up for 18 from a dealer friend, but he was still selling to the general public at 19 ish. Most of the 2008's were in the high 20's, with 24 being the highest I saw period but the average was still between 21-22.
That said, those prices were only one what was available. There were probably over 50 dealers there, not a single one eager to sell. Everyone I would go up to would, even before saying hello, ask if I had anything to sell and some would just turn away when I said "Nope". Hardly ANYTHING was available other numismatics and morgans. There were literaly NO 90% after the first hour because there was SO little to begin with it all got bought, quick! Just thought Id share a little of my recent experiences and see if anyone else is having any similar. |
Re: Eagles still in 20's
My 08-W eagles with the 07 reverse, start in the $200's.
I only have 8 of them that I paid $25 for, I'll just hang on and see what happens when the final mintage is posted? http://images.shopnbc.com/is/image/S...&$250x250_jpg$ |
Re: Eagles still in 20's
This demonstrates that lots of people recognize the spot price is BULLSHIT.
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get it .......if you can find it T |
Re: Eagles still in 20's
My folks went to a gun show yesterday, mom called to tell ME the rediculous prices on some coins. I told her to check on ASE's, everybody had the same price on them $24, I told her to keep her money in her pocket cause I asked the guy at the coin shop Friday and his price is $22. HH Mark
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Re: Eagles still in 20's
08 eagles are holding their fat premium but off years less so.
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my dealer still sells them for 1.50 over spot, when he has them:beer:
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After over a week of not winning a single low bid I just bought one for $22 shipped.The spot price is BS. |
callin BS as well
went to pick up a bit today and i have to say i usually leave scratching my head. eagles were 20 @ $16.62, then i asked about maples and got a few for 19. picked up some dimes for 1.25 just to get rid of that extra paper.
i'm still not sure what's goin on with spot versus reality. from a pure bullion perspective , i'd rather get my 999 as close to spot as possible. on the other hand, if i can get maples cheaper than eagles, isnt that a good thing? i'm steering away from the 90 for a while other than dimes. the dimes seem to be a great way to get rid of a buck. :beer: |
Re: Eagles still in 20's
Just picked up some 1985 Mexican Libertads today in Tucson for $19. Love those older, fatter Libertads. ASE's were $21. He had no Canada maples or generic rounds. Forgot to ask about 90%. Duh.
Nice place with a bid board - haven't run across a shop with a coin bid board in Phoenix. There was a one ounce silver Isle of Man bid up to $22 - he didn't have any for sale tho. |
Re: Eagles still in 20's
Just picked up SAE-2008 for $20.25 and bullion coin rounds & bars for $17.75 ozt at an OR coin shop. Loaded up on both to balance the carrying weight.
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Re: Eagles still in 20's
Do the mint limit the mintage of ASEs for a year?
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Stopped at another coin shop on my way out of Tucson. Got 2008 Maple Leafs, Libertads, and ASEs for $20 each. Found three one ounce rounds I don't have for $18 each. They have a bid board too, and he told me if there were no bids on an item I could have it for the opening bid plus 10%, so picked off a Philharmonic with a starting bid at $19, which should have cost me $20.90, but he let me have it for $20. I paid $25 for my other Philharmonic here in Phoenix. Maybe I'll move to Tucson!
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can someone tell me what is so special about 1996 SAE's why do they sell for so far above spot?
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