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 What's the going rate for silver eagles?
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pennybullion
Penny Pincher Member


243 Posts

Posted - 10/03/2008 :  09:26:06  Show Profile Send pennybullion a Private Message
I'm curious as to the going rate for silver eagles. I've seen prices all over the board. Is that normal from various dealers?

www.pennybullion.com

n/a
deleted



41 Posts

Posted - 10/03/2008 :  09:50:59  Show Profile Send n/a a Private Message
I got my dealer's last two for $18 each.

(edited for i's cayn speel gud)

I'm not gone, I'm just lurking.

Edited by - n/a on 10/03/2008 09:52:10
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horgad
1000+ Penny Miser Member



USA
1641 Posts

Posted - 10/03/2008 :  10:23:32  Show Profile Send horgad a Private Message
Bulk rate retail price is around $5.00 over spot ($16.59 each). Bulk dealer buy price is around $3.50 over spot. So the buy/sell spread is about $1.50.

Small quantity prices are probably all over the map as usual, but you can use the above as a guideline.

Edited by - horgad on 10/03/2008 10:24:59
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CoinHunter53562
1000+ Penny Miser Member



USA
1805 Posts

Posted - 10/03/2008 :  11:11:44  Show Profile Send CoinHunter53562 a Private Message
BullionDirect.com catalog $15.91 but delayed
BullionDirect.com Nucleo Exchange $16.99 in stock, usual deliver is 2-3 weeks
Tulving.com no price, no stock
APMEX.com $17.18 in stock, $50 minimum order I think
coloradogold.com $14.48 but no stock, and 500 oz minimum

My hobby: collecting real money 1 copper cent or nickel at a time.

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fb101
Administrator



USA
2856 Posts

Posted - 10/03/2008 :  14:30:28  Show Profile Send fb101 a Private Message
fidelitrade quotes
Silver American Eagle - 1 Ounce
buy $12.64
sell $15.08
spot $11.11

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darsemnos
Penny Sorter Member



96 Posts

Posted - 10/03/2008 :  16:09:49  Show Profile Send darsemnos a Private Message
Monex: $14.14 plus commission and shipping.
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pennybullion
Penny Pincher Member



243 Posts

Posted - 10/03/2008 :  16:58:14  Show Profile Send pennybullion a Private Message
So you guys would do this deal:

$3000 face copper at 1.7X for 330 eagles at 16.24

I think I'm about to do this...

www.pennybullion.com
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starwarsgeek171
Penny Hoarding Member



USA
651 Posts

Posted - 10/03/2008 :  17:23:39  Show Profile Send starwarsgeek171 a Private Message
I just got back from the shop, and the guy there (the owner was out) would only let the spotted/poorly-toned ASEs go at $15 in bulk. I wanted the shiny ones (of course) and ended up paying $20! per 2008 BU+++ ASE. He only had 10!!!
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n/a
deleted



146 Posts

Posted - 10/04/2008 :  13:51:46  Show Profile Send n/a a Private Message
To pennybullion: Absolutely I would do that copper for silver deal

The only place I know of that has ASEs is a small local bank near me that wants $38.68 EACH for its 2007 and 2008 ASEs. I do not know if those are proofs or uncirculated. I will be going by there and picking up pennies next week and can ask but frankly that price is way too high for me
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