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Gold/Mining/Energy : Silver prices -- Ignore unavailable to you. Want to Upgrade?


To: Claude Cormier who wrote (6170)11/25/2002 6:01:28 PM
From: russet  Read Replies (1) | Respond to of 8010
 
http://www.siliconinvestor.com/msg_multireplies.gsp?msgid=18090115

To:Vi who wrote (5878)
From: Bob Johnson Wednesday, Oct 9, 2002 12:27 AM
View Replies (1) | Respond to of 6171

RE: if you buy physical
Junk bags (90% coins) may be the way to buy physical.
They are currently just above melt ($US3100) and relatively scarce.
In 1999 (per-Y2k), when silver moved modestly to $5.60 junk bags went up to over $5000
This 25% premium to melt made the overall gain close to 50% (better than just bullion)
If silver moves, dealers and newsletters might well hype bags to a premium (again)



To: Claude Cormier who wrote (6170)11/25/2002 7:49:16 PM
From: FritzV  Read Replies (2) | Respond to of 8010
 
Good Evening Claude,
Im in the coin bizz..mainly older collector coins.. But I do some bullion bizz as needed. Todays wholesale buy/sell spread on 90% bags is rite around $3200 buy / $3300 or 3350 sell. Walk in our store and we offer $3x for anything $3100 for larger quantity.. Wanna buy some? It's around $3400 for $1,000 bag & $3.50 to $3.75 per $1 face value for smaller amounts. This is for dimes/quarters and halves.. with halves usually brining a tad more and recently now and then dimes or quarters will get a little boost and be $25 or $50 more. I don't know why.. but suspect it's perhaps the TV selling shows like QVC selling some kind of BS assortment.
Fritz