Any recommendations online or just shop local for the best prices? Silver coins I see online have a 20% mark up over the spot price.
Why the heavy premium right niw? Because of covid/political unrest, etc.?Outdoorag011 said:
You are going to pay a heavy premium right now. I would wait if you can.
In reading their brief profile on bloomberg, they only referenced gold mine production. Do they also mine for silver?Ubitag said:
Jaggf is a nice silver mine company I have owned for over a year not a bad stock.
.sorry, it is a gold mine.Strat said:In reading their brief profile on bloomberg, they only referenced gold mine production. Do they also mine for silver?Ubitag said:
Jaggf is a nice silver mine company I have owned for over a year not a bad stock.
thanksNastyNate said:
I agree with waiting. The precious metals market is extremely volatile at the moment and premiums are insane. I use JM bullion. They have a nice app. I bought some gold and silver (maple leaves and bars) on a Black Friday deal for $1.49/ounce premium on silver and $24.99/49.99 premium on gold bars/coins. Those were good deals but they aren't usually much more than that. Right now, the same silver is $7.99 /ounce premium and gold is right around $100/ounce premium. That is insane!!!!! Especially the silver at about 25% of spot. Gold is normally at $50-$75 premium over spot.
The last time markets were normal was before Covid. Since then they have just been all over the place. The market volatility of the last couple weeks with GME, etc triggered some precious metals craziness. My recommendation is to download the app and just follow the prices and premiums so you know when a good deal comes up. I would not be in a hurry to jump into the market right now. Not even close.
eBay Constitutional(Junk) Silver has been selling well over spot for awhile now. $1 Face Value has been routinely going for $22-$24 depending on the coins for sale.Aggiemike96 said:
Silver trending down the past several days. Looks to be at $25.36 today. I try to buy as it goes down, but the premiums are still ridiculous. Wish we could see sub $25 spot and reasonable premiums.
Agreed. At this point price shouldn't matter. Get as much as you can. Pickings are slim these days and it will only get worse in the short term. Looks like you bought those maples from me at the right time!Lawrence Sullivan Ross said:eBay Constitutional(Junk) Silver has been selling well over spot for awhile now. $1 Face Value has been routinely going for $22-$24 depending on the coins for sale.Aggiemike96 said:
Silver trending down the past several days. Looks to be at $25.36 today. I try to buy as it goes down, but the premiums are still ridiculous. Wish we could see sub $25 spot and reasonable premiums.
The real Silver price is still currently above $30 no matter what spot says it is. The hunger for Silver is real.
KEEP STACKING without overly worrying about price. It's still undervalued big time.
Fightin_Aggie said:
Thinking about this and I wanted to know if people have better experiences buying from local brokers or online?
Fightin_Aggie said:
Thinking about this and I wanted to know if people have better experiences buying from local brokers or online?