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Gold/Mining/Energy : Silver prices

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To: Claude Cormier who wrote (2648)	3/10/2000 4:25:00 PM
From: goldsheet	Read Replies (1) of 8010

> I fail to understand why one would invest in those silver bags. Some folks like to invest in physical bullion for their own personal reasons. I was just pointing out that at the moment the premium is about zero, for those so inclined to buy silver bullion. > In good times, is there a premium builtup on these. Last year during the Y2K hype there was a shortage of junk silver bags and they went to almost a 100% premium. Dealers were getting about $6000 for bags. BTW, most coin buyers bought the wrong thing last year. The US Mint sold mini-bags ($US25 face) of the new quarters for $29.95 delivered. The Delaware mini-bags are now going for over $US900 on ebay, up 30 fold !

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