Silver down but prices are up
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Here's a link to how to post a topic with images in our community https://coinauctionshelp.com/welcome-to ... community/
___________________________________________________________________________________________________________
You also agree to follow these guidelines. You must agree to these rules to be a member of this forum. NO SPAM! Spam is deleted within minutes, no spam will ever be left in our community.
1. Post a front and back image of your coin with a specific question about what you’re seeing or asking about and one coin per topic.
2. Please remove coin from the holder unless it’s US or an official mint case or unless it is graded by a grading service.
3. Images should be taken by a camera or cell phone camera, we ask that members don’t use images through a microscope screen.
4. Always start your own topic, please don’t ask about your coin or post your coin in someone else’s coin topic.
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Silver down but prices are up
If you study the market like I do or buy silver you might have noticed that the melt value is down on silver, but the price of silver coins and bullion is not. It appears the numismatic value of silver is a percentage more than melt than it's ever been.
Has anyone else noticed this or have a comment?
Has anyone else noticed this or have a comment?
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Re: Silver down but prices are up
I don't follow the silver market much but maybe there coin folks are thinking it will go back up or they bought at a high price and don't want to take a loss.
Pahwa
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Leave no coin unturned!
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Re: Silver down but prices are up
Yes, both of those reasons are true. Some dealers are actually holding off some of their inventory because of how much they paid verses how they can now sell it for.
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Re: Silver down but prices are up
I'm no expert by any stretch of the imagination but "Supply and Demand" would be my guess. Collectors vs. bullion investors driving the market? I've noticed that some coin prices are up, not just silver. I would think as the economy has improved since the bottom in 2009 more money has become available for disposable income (hobbies and activities). As the demand has increased from beginners and those wanting to continue or expand their collecting they are looking to fill those holes in their collections which may tend to be lower grade.
Just food for thought!
Just food for thought!
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Re: Silver down but prices are up
Well it would be a good idea for me to check the date of a post before submitting a reply!!!! lol: Sorry, saw this when looking for "Unread" posts and furiously typed out a reply. :lPetesPockets55 wrote: ↑Sun Feb 26, 2017 9:57 pm I'm no expert by any stretch of the imagination but "Supply and Demand" would be my guess. Collectors vs. bullion investors driving the market? I've noticed that some coin prices are up, not just silver. I would think as the economy has improved since the bottom in 2009 more money has become available for disposable income (hobbies and activities). As the demand has increased from beginners and those wanting to continue or expand their collecting they are looking to fill those holes in their collections which may tend to be lower grade.
Just food for thought!
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Re: Silver down but prices are up
LOl. It still made sense and is still true. Silver is in demand by the collector more than ever, but they're buying smarter. However, it's countries around the world and people with the most money that are controlling the market. Silver is under-valued.
Re: Silver down but prices are up
How long can anyone hold down the price of silver? Silver is disappearing as it is used in industry. Look at solar panels,electronics and the like. It would seem to follow that the less there is physically, the more the price would climb.( supply and demand) I believe soon it will take off along with gold. I am waiting for that, Patience,Patience !!
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